The City of Carlsbad has once again been honored with a Distinguished Budget Presentation Award from the Government Finance Officers Association of the United States and Canada, recognizing the city’s commitment to meeting the highest standards of governmental budgeting.

The recent award is for the city’s Fiscal Year 2022-23 budget, which was prepared by city staff and approved by the City Council in June. This is the 16^th consecutive year the City of Carlsbad has received the award and the 21st time overall.

To qualify for the award, a government agency must satisfy nationally recognized guidelines for effective budget presentation, including creating a budget that serves as a policy document, a financial plan, an operations guide and a communication tool.

“This award represents a tremendous team effort. It reflects the City Council’s direction, city leadership’s guidance, and work from city staff across all departments," said City of Carlsbad Finance Director Zach Korach, who is in charge of coordinating the annual budget process. “We're honored that the city has once again been recognized by such a prestigious organization.”

In addition to recognizing the City of Carlsbad with the award, the association honored the Finance Department with a certificate of recognition for its lead role in preparing the annual budget.