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G�9 <br />GOVERNMENT FINANCE OFFICERS ASSOCIATION <br />NEWS RELEASE <br />FOR IMMEDIATE RELEASE <br />4/8/2025 <br />For more information, contact: <br />Technical Services Center <br />Phone: (312) 977-9700 <br />Email: budgetaward@gfoa.org <br />(Chicago, Illinois) —Government Finance Officers Association is pleased to announce that City of <br />Louisville, Colorado received GFOA's Distinguished Budget Presentation Award for its budget. <br />The award represents a significant achievement by the entity. It reflects the commitment of the governing <br />body and staff to meeting the highest principles of governmental budgeting. In order to receive the budget <br />award, the entity had to satisfy nationally recognized guidelines for effective budget presentation. These <br />guidelines are designed to assess how well an entity's budget serves as: <br />■ a policy document <br />• a financial plan <br />• an operations guide <br />• a communications device <br />Budget documents must be rated "proficient" in all four categories, and in the fourteen mandatory criteria <br />within those categories, to receive the award. <br />There are over 1,700 participants in the Budget Awards Program. The most recent Budget Award recipients, <br />along with their corresponding budget documents, are posted quarterly on GFOA's website. Award <br />recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for <br />other governments throughout North America. <br />Government Finance Officers Association (GFOA) advances excellence in government finance by providing best <br />practices, professional development, resources, and practical research for more than 25,000 members and the <br />communities they serve. <br />203 NORTH LASALLE STREET, SUITE 2700, CHICAGO, ILLINOIS 60601-1210 <br />