(COLUMBIA, MO) ~ Columbia, MO - The City of Columbia's Finance department has been recognized for its exceptional budgeting practices. The Government Finance Officers Association has awarded the city with the Distinguished Budget Presentation Award for its fiscal year 2024 budget.

This prestigious award is a reflection of the city's dedication to upholding the highest standards in governmental budgeting. In order to receive this recognition, the city's budget had to meet nationally recognized guidelines that assess its effectiveness as a policy document, financial plan, operations guide, and communication tool.

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With over 1,700 participants in the Budget Awards Program through the Government Finance Officers Association, this achievement is no small feat. "This is the 28th year that the City of Columbia has received this award," stated Director of Finance Matthew Lue. "It highlights our commitment to following best practices during our budgeting process and creating a budget that serves as a valuable resource for our residents."

Having a budget that meets these standards not only helps the city manage its resources efficiently but also allows residents to better understand how their tax dollars are allocated towards essential services. The fiscal year 2024 budget can be accessed on the City's website at CoMo.gov/wp-content/uploads/2023/01/FY-24-Adopted-Budget-Document.pdf. This recognition further solidifies Columbia's reputation as a responsible and transparent government entity.

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