For the second year in a row, Moline’s Finance Department has won a national Government Finance Officers Association Distinguished Budget Presentation Award.
Out of roughly 20,000 cities in the United States, only 1,169 achieve this distinction from the GFOA, according to a news release from the city. Only 51 Illinois cities have been recognized.
To receive the award, Moline’s Finance Department had to satisfy nationally recognized guidelines for effective budget presentation, the release states. The guidelines assess how well the city’s budget serves as a policy document, financial plan, operations guide and a communications device.
“Not many cities reach this level of financial reporting ever, or even pursue it,” said City Administrator Bob Vitas, in the release. “The fact our Finance Department pursues it and achieves it is remarkable.”
Receiving the award for the second time this summer, Mr. Vitas in the release said the finance department sets a high bar for itself.
“This demonstrates to the public that we are transparent and that we are accountable,” he said. “It gives our residents a clear picture of what this city is doing with their tax dollars on all fronts.”
