City of Lawrence earns second Distinguished Budget Award

August 7, 2018

For the second consecutive year, the Government Finance Officers Association (GFOA) announced the City of Lawrence’s honor as a GFOA Distinguished Budget Award recipient for the 2017-2018 fiscal year. Lawrence is one of only three Indiana municipalities to receive this national honor. 

According to Mayor Steve Collier, in order to earn the GFOA distinction, the City satisfied 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, and a communications device.  “This achievement belongs to Deputy Mayor/City Controller Jason Fenwick and his staff. The entire team spent countless hours preparing a responsible, balanced budget that earned this prestigious designation, said Collier. 

The Controller’s Office presented a budget that better communicates information to our Lawrence citizens and elected officials. It directly reflects our commitment to increase accountability and transparency," he said. Mayor Collier added that only two percent of all local governments nationwide have earned the GFOA Distinguished Budget Award. 

Fenwick said, “It’s an honor to be recognized for our hard work. Deputy Controller Jason Streeter and PIO Jimmy Griffin were particularly invaluable teammates in this endeavor.  I would also like to send a special thank you to each and every department head that helped along the way; this is truly a team effort.” 

 The GFOA is a nonprofit professional association serving nearly 19,000 government finance professionals throughout North America. The GFOA’s Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting. 

Fenwick said the award is a compliment to last year’s achievements, but his team is hard at work preparing the 2019 budget to present to the Common Council in September. “Our job is to meet with department heads and assess the needs and priorities of the City and produce a budget in a fiscally responsible manner,” Fenwick said.  

Mayor Collier said the financial stability and bond rating improvements for the City and the Utilities directly benefit citizens by allowing projects to continue in this community with financial security.