City Receives Budget Award
In several of these articles, I’ve highlighted that fiscal responsibility has been one of my top priorities since I became a City Councilor in 2004 and then Mayor in 2010. In this day and age, with more information at our fingertips than ever before, our finances should be transparent. Residents should have confidence in how their local tax dollars are used.
Of the many important documents the City prepares each year, the Annual Budget is the most significant. It highlights how funds will be spent in the coming year. In January, the City was notified that the 2017-18 budget received the Government Finance Officers Association (GFOA) Distinguished Budget Presentation Award. Out of 241 cities in Oregon, only 15 others received the award this year.
The guidelines for the award are designed to assess how well the budget serves as a policy document, a financial plan, an operations guide, and a communication device. The budget documents must be rated proficient in all four categories, and meet fourteen mandatory criteria within those categories, to receive the award.
The City of Happy Valley has one of the lowest permanent city tax rates in the State of Oregon. However, as an active community, we have many needs that can only be addressed by spending residents’ hard-earned dollars in a cost-effective manner.
I’m looking forward to accepting the award, along with my fellow City Councilors at our next meeting. We all owe our citizen Budget Committee members and Finance Department our gratitude for their diligence in managing our tax dollars.
This award signifies that we spend our funds wisely and are transparent. I’m proud of our team, including the rest of the City Council for joining me in prioritizing fiscal responsibility. We have a commitment to continue to plan carefully so that we can dream big for our community.
For more detail on our finances, visit https://www.happyvalleyor.gov/city-hall/finance/.
Mayor Lori Chavez-DeRemer