TexAmericas Center (TAC) recently announced its budget for the 2022 fiscal year has been awarded the Distinguished Budget Presentation Award by the Government Finance Officers Association.
The award represents a significant achievement by the organization and reflects a commitment of the governing body and staff to meeting the highest principles of governmental budgeting.
“TexAmericas Center strives for professionalism, integrity, and transparency in all we do,” said TexAmericas Center Executive Director and CEO Scott Norton. “This recognition is a testament to our commitment, and I’m proud to be able to demonstrate to our board, tenants, and future tenants the ethics and expertise we adhere to every day.”
To receive the award, the organization has to satisfy national recognized guidelines for effective budget presentation. The guidelines are designed to assess how well the budget serves as a policy document, financial plan, operations guide, and communications device. To receive the recognition, documents must be rated “proficient” in four categories, and in the 14 mandatory criteria within those categories.
“Our board is committed to making sure our budget is valuable, detailed and examined. Budgets can be painstaking and tedious but at TexAmericas Center, we’re committed to showing our stakeholders and government leaders how genuine we are to honesty in all of our processes,” said TexAmericas Center Board Chairman Jim Roberts.
The budget was prepared and presented by TexAmericas Center Vice President of Finance John Moran. There are more than 1,700 participants in the prestigious program, many of whom have pioneered efforts to improve the quality of budgeting and provide an example for other governments throughout North America. For more information about the award, visit gfoa.org/budget-award.