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Posted on: March 14, 2023

City of Victoria recognized for effective budget presentation, transparency

Group photo of four people at Council chambers. One holds a plaque.

PHOTO: The City of Victoria Finance office was recognized at a March 7 City Council meeting for receiving the Distinguished Budget Presentation Award for fiscal year 2022. Shown from left are City Manager Jesús A. Garza, Assistant Finance Director Wesley Janecek, Budget & Procurement Manager Laura L. Gonzalez and Chief Financial Officer Gilbert P. Reyna Jr.

The City of Victoria received its 38th consecutive Distinguished Budget Presentation Award from the Government Finance Officers Association for fiscal year 2022 in recognition of its commitment to following best practices in crafting a clear and effective budget.

The award program was established by the GFOA to recognize state and local governments that follow nationally recognized guidelines for effective budget presentation, including clear policies for maintaining a balanced budget, long-range planning, financial forecasting and transparency.

As part of the selection process, the City’s budget was rated “proficient” in four categories: as a policy document, a financial plan, an operations guide and a communication tool.

Also, the accounting firm Harrison Waldrop & Uherek certified that the City’s accounting practices for fiscal year 2022 follow State procedures for documentation and oversight. The City has been in compliance with these standards every year since Texas began requiring local government audits more than 50 years ago.

The City will submit Harrison Waldrop & Uherek’s audit for certification by the GFOA. If accepted, the audit will be the 40th consecutive City of Victoria audit to be certified by the GFOA.

To view the City’s budget for fiscal year 2023, visit www.victoriatx.gov/budget. For more information about City spending and investment, visit www.victoriatx.gov/finance.

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