June 21, 2024

We are pleased to announce that the City of Colleyville has received the Government Finance Officers Association’s (GFOA) Distinguished Budget Presentation Award for our Fiscal Year 2023 budget. This marks the 30th time our city has achieved this prestigious recognition, a testament to our commitment to excellence in budgeting and financial planning.

The award represents a significant achievement, reflecting our commitment to meeting the highest principles of governmental budgeting. To receive the Distinguished Budget Presentation Award, a government entity must satisfy nationally recognized guidelines for effective budget presentation. These guidelines assess how well the budget serves as a policy document, a financial plan, an operations guide, and a communications device.

Our budget documents must be rated “proficient” in all four categories and meet fourteen mandatory criteria within these categories. Over 1,7000 entities participate in the Budget Awards Program, making this award a distinguished honor. This year, our budget document was carefully reviewed by a panel of independent reviewers, who provided their scores and comments. Our continued excellence in budgeting ensured our qualification for the award. This award is valid for one year, and we will continue to strive for excellence in our future budget submissions.

We must specifically acknowledge and thank the Finance Department for their exceptional effort and leadership in preparing our budget document. Their hard work and dedication has been instrumental in achieving this recognition. Receiving this award is a significant accomplishment and a source of pride for our city. It underscores our success in presenting our budget as a comprehensive and effective tool for governance and communication. For more information on the GFOA and their awards program, please visit www.gfoa.org/awardspictured: Director of Finance Matt Poston & Mayor Lindamood