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�k <br />� <br />Government Finance Officers Association <br />203 North LaSalle Street, Suite 2700 <br />Chicago, Illinois 60601-1210 <br />312.977.9700 fax: 312.977.4806 <br />Jwie 7,2004 <br />PRESS RELEASE <br />Date: �1/04 <br />Item: 12. <br />R+�cognition Financc D�parhnent <br />bis��dsh�ed �a! �i�r <br />For Further Information Contact <br />Stephen J. Gauthier (312) 977-9700 <br />::::**::�*::::+*��+�*:�«:*�*���*«**:�**���:*:*�*�:::::**�����:**���+::��************* <br />Chicago--The Government Finance Officers Association of the United States and Canada (GFOA) <br />is pleased to announce that City of Roseville, Minnesota has received the GFOA's Distinguished <br />Budget Presentation Award for its budget. <br />The award represents a signi�icant achievementby the entity. It reflects the commitment of the <br />governing body and staff to meeting the highest principles of governmental budgeting. In order to <br />receive the budget award, the entity had to satisfy nationally recognized guidelines for effective <br />budget presentation. These guidelines are designed to assess how we11 an entity's budget serves as: <br />a policy document <br />a �inancial plan <br />an operations guide <br />a communications device <br />Budget documents must be rated "proficient" in a11 four categories to receive the award. <br />When a Distinguished Budget Presentation Award is granted to an entity, a Certi�icate of <br />Recognition for Budget Presentation is also presented to the individual or department designated as <br />being primarily responsible for its having achieved the award. This has been presented to Finance <br />Department. <br />Since the inception of the GFOA's Distinguished Budget Presentation Awards Program in 1984, <br />approximately 900 entities have received the Award. Award recipients have pioneered efforts to <br />improve the quality of budgeting and provide an excellent example for other governments <br />throughoutNorth America. <br />The Government Finance Officers Association is a nonpro�it professional association <br />serving 14,000 governmentiinance professionalsthroughoutNorth America. The <br />GFOA's Distinguished Budget Presentation Awards Program is the only national awards <br />program in governmental budgeting. <br />www.gfoa.org <br />