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<strong><i>City Recognized With Distinguished Budget Presentation Award</i></strong>
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The City of El Paso was recently recognized by the Government Finance Officers Association of the United States and Canada (GFOA) and received the GFOA's Distinguished Budget Presentation Award for its budget.
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The award represents a significant achievement by the entity.  It reflects the commitment of the governing body and staff to meeting the highest principles of governmental budgeting.  In order to receive the budget award, the entity had to satisfy nationally recognized guidelines for effective budget presentation.  These guidelines are designed to assess how well an entity's budget serves as:
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<li>A policy document</li>
<li>A financial Plan</li>
<li>An operations guide</li>
<li>A communications device</li>
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Budget documents must be rated "proficient" in all four categories to receive the award.  For budgets including fiscal periods 2004, 1,027 entities received the Award.  Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.
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