Centennial Recognized for Budget Excellence

Published on July 10, 2024

The City of Centennial has recently been awarded the prestigious recognition by the Government Finance Officers Association (GFOA) - the Distinguished Budget Presentation Award for the 2024 budget. The Distinguished Budget Presentation Award is a significant achievement as it reflects the City’s commitment to meet the highest principles in governmental budgeting. To receive this award, the City had to demonstrate how well the budget document serves as a policy document, financial plan, an operations guide and a communications device. The City rated “proficient” in all four of these nationally recognized guidelines for effective budget presentation.

“Receiving this recognition demonstrates Centennial’s commitment to financial transparency and sound financial policies. Fiscal sustainability is a strategic goal for Centennial and City Staff takes its fiduciary responsibilities very seriously,” says City Manager Matt Sturgeon. “The City is fortunate to have such a professional and motivated Staff managing the City’s finances and budget.”

The GFOA is a nonprofit professional association representing public finance officials throughout the United States and Canada. The associations’ more than 22,500 members are federal, state/provincial and local finance officials involved in planning, financing and implementing thousands of governmental operations in each of their jurisdictions. GFOA’s mission is to advance excellence in public finance.