Latest news with #DistinguishedBudgetPresentationAward
Yahoo
6 days ago
- Business
- Yahoo
Cleburne wins distinguished budget award
Thirty-four consecutive years and counting, Cleburne Finance Director Craig Boonstra said of the city's latest award. Boonstra, during Tuesday's meeting of the Cleburne City Council, announced that Cleburne has once again won the Distinguished Budget Presentation Award from the Government Finance Officers Association of the United States and Canada. The Association announced the award March 11. This year's award is in connection with Cleburne's annual budget for the 2025 fiscal year, which began Oct. 1. 'This award is the highest form of recognition in governmental budgeting,' Boonstra said. 'Its attainment represents a significant achievement by a city organization.' In choosing recipients for the award, the Association consider several criteria, Boonstra said. 'In order to receive this award, a governmental unit must publish a budget document that meets program criteria as a policy document, as a financial plan, as an operations guide, and as a communications device,' Boonstra said. Cleburne's long running tradition of receiving the award each year speaks volumes, Mayor Scott Cain said. 'It speaks to the professionalism and quality of our finance department,' Cain said. 'It also speaks to our other city departments who support and work with the finance department in creating the budget.' Amendments and renovations Based on a desire to support the development of non-profit, affordable housing within the city, council members unanimously approved an amendment to city codes dealing with impact fees. 'The hope is to provide financial relief through the exemption of impact fees [in certain cases],' Public Works Director Jeremy Hutt said. 'This effort aims to reduce development costs and encourage the construction of affordable housing units by non-profit entities.' Such an exemption already exists within the city for public school construction projects. This addition, Hutt and others said, should help spur construction of affordable housing. Hutt, in answer to Councilman Oliver Cozby's question, said the exemption will apply both to construction projects involving single homes as well as multiple home projects. 'To request an exemption, the applicant must submit a formal letter to the director of public works, which includes a description of the proposed development, including location and number of housing units as well as documentation verifying the applicant's non-profit status and supporting information demonstrating compliance with the requirements for affordable housing,' Hutt said. 'If an exemption is granted but the development is not constructed as affordable housing or later ceases to qualify, the city shall assess and collect applicable impact fees based on the rates in effect at the time of building permit or water meter issuance.' Council members also approved the replacement of 39 windows at city hall for a cost not to exceed $115,000. Council also agreed to hire Strong Commercial for the project. The post office previously occupied the current city hall building, which dates to the early 20th Century. 'The existing windows are in poor condition and require full replacement to improve energy efficiency, aesthetics, and overall building performance,' Hutt said. 'The project scope includes the replacement, demolition, and proper disposal of a total of 39 windows.'
Yahoo
28-03-2025
- Business
- Yahoo
Derrick Brown named new assistant Albany city manager
ALBANY – Albany City Manager Terrell Jacobs announced Thursday that Derrick Brown will become the city's new assistant city manager for utility administration. The position opened at the end of January when former Assistant City Manager Yvette Fields retired from the role. Brown brings a wealth of knowledge to the position, city officials said in a news release. He has more than 32 years of manufacturing, accounting, business management, and leadership experience, having served in roles of increasing responsibility. A Monroe Comprehensive High School graduate, Brown earned a bachelor of accounting degree from Albany State University and a master of manufacturing management degree from Kettering University, formerly known as GMI Engineering and Management Institute. In his most recent role as chief financial officer for the city of Albany, Brown and his team have successfully managed a budget of more than $318 million. For 14 consecutive years and counting, the finance team has earned the 'Certificate of Achievement for Excellence in Financial Reporting' from the Government Finance Officers Association. The team also earned the coveted 'Distinguished Budget Presentation Award' for Fiscal Year 2025 from the Government Finance Officers Association. Brown is also a Certified Retirement Plan Fiduciary, awarded by the Georgia Association of Public Plan Trustees. 'Having achieved this level of success in his previous roles, I have no doubt Mr. Brown will continue to excel and make significant contributions on behalf of the city of Albany as he leads Administrative Services, the Department of Community and Economic Development, Facilities Management, Fleet Management, the Recreation and Parks Department, Technology and Communications, the Public Information Office and the Business Development Office,' Jacobs said.
Yahoo
10-03-2025
- Business
- Yahoo
Prestigious ‘Triple Crown' award won by Wichita Falls second straight year
WICHITA FALLS (KFDX/KJTL) — For two straight years, the City of Wichita Falls has received a few awards for meeting national standards through budgeting and financial reporting. The Government Finance Officers Association is called the 'Triple Crown.' In the 2023 fiscal year, Wichita Falls won three awards: Distinguished Budget Presentation Award Certificate of Achievement for Excellence in Financial Reporting Popular Annual Financial Reporting Award Wichita Falls CFO Stephen Calvert said the awards stem from the teams' commitment to transparency. i.d.e.a. WF names 2025 semi-finalists 'I am grateful for our finance and leadership teams and the work they put in to earn these awards,' Calvert said. 'For our citizens, these awards are evidence that we are committed to transparency with our financial reporting.' To win these awards, all three reports were judged on their clear communication, financial planning and performance. All awards are judged on their own merits and deemed to meet the criteria by a panel of judges for each category. Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
