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Bowling Green Receives Budget Award

TO: ALL NEWS ORGANIZATIONS FOR MORE INFORMATION
DATE: December 11, 2012 CONTACT: Kim Lancaster
FOR IMMEDIATE RELEASE 270-393-3642

BOWLING GREEN RECEIVES BUDGET AWARD

Bowling Green, KY – The City of Bowling Green recently received the Distinguished Budget Presentation Award for the FY13 budget from the Government Finance Officers Association of the United States and Canada (GFOA).

The award represents a significant achievement by Bowling Green. It reflects the commitment of our governing body and staff to meeting the highest principles of governmental budgeting. In order to receive the budget award, the City had to satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess how well an entity's budget serves as:

• A policy document
• A financial plan
• An operations guide
• A communications device

Budget documents must be rated "proficient” in all four categories, and the 14 mandatory criteria within those categories to receive the award.

The GFOA is a nonprofit professional association serving over 17,500 government finance professionals throughout North America. The GFOA's Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting.

For more information, please contact Kim Lancaster at 393-3642 or kim.lancaster@bgky.org.