For Immediate Release
CLEARWATER, Fla. (May 7, 2019) — Tampa Bay Water’s 2019 Fiscal Year Budget was awarded the Distinguished Budget Presentation Award from the Government Finance Officers Association of the United States and Canada (GFOA). This marks the tenth consecutive year that the agency has been given this notable honor.
The Distinguished Budget Presentation reinforces Tampa Bay Water’s commitment to meeting the highest principles of governmental budgeting. Tampa Bay Water was recognized for how well its budget serves as a policy document, financial plan, operations guide and communications device. Budget documents must be rated “proficient” in all four categories, and in the fourteen mandatory criteria within those categories, to receive the award.
“We strive to make our budget process as transparent as possible,” said Christina Sackett, Tampa Bay Water’s chief financial officer. “It’s important that our members and their citizens know how the shared, public investment provides the Tampa Bay area with clean, safe and reliable drinking water.”
Participating in the GFOA program helps Tampa Bay Water ensure open communications with its member governments and stakeholders regarding its budget. Other benefits of this honor include, staying informed with the latest trends in certification, and meeting the agency vision to: be a model for regional water supply in the nation; be a leader in innovation and best practices; and be a respected member of the Tampa Bay community.
About the GFOA
The Government Finance Officers Association is a nonprofit professional association serving more than 19,000 government finance professionals throughout North America. The GFOA’s Distinguished Budget Presentation Awards Program is the only national awards program in government budgeting. The guidelines are established by the National Advisory Council on State and Local Budgeting and the GFOA’s recommended practices on budgeting.
About Tampa Bay Water
Tampa Bay Water is the largest wholesale water supplier in Florida, providing high-quality drinking water to its members, who in turn, supply water to more than 2.5 million residents of the Tampa Bay area. Tampa Bay Water member governments include the cities of New Port Richey, St. Petersburg and Tampa, and the counties of Hillsborough, Pasco and Pinellas. To learn more, visit tampabaywater.org