THE CITY OF FRISCO PRIDES ITSELF IN BEING RECOGNIZED FOR FISCAL RESPONSIBILITY.
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“THE BUDGET TEAM RECEIVED GFOA’S DISTINGUISHED BUDGET AWARD FOR THE 17TH YEAR.” “THE GFOA BUDGET AWARD IS THE HIGHEST PROFESSIONAL AWARD THE DOCUMENT CAN RECEIVE FROM OUR NATIONAL ORGANIZATION.” THE GOVERNMENT FINANCE OFFICERS ASSOCIATION RECENTLY HONORED THE CITY OF FRISCO WITH ITS DISTINGUISHED BUDGET PRESENTATION AWARD FOR ITS FY25 BUDGET.“THERE ARE SEVERAL GUIDELINES. WE HAVE TO GO THROUGH TO MAKE SURE THAT OUR DOCUMENT ALIGNS WITH THE HIGH STANDARDS GFOA SETS. THESE CHANGE ON AN ANNUAL BASIS.” FRISCO HAS RECEIVED THIS DISTINCTION EVERY YEAR SINCE 2009. THAT'S WHEN THE FINANCE TEAM FIRST APPLIED FOR THE AWARD.
“I THINK IT’S INCREDIBLE. I THINK FOR THE LAST 17 YEARS WE’VE MADE IT LOOK EASY. WHAT THEY DO IS NOT EASY WHATSOEVER. WE’VE MADE THE HARD LOOK ROUTINE.” THE FY25 BUDGET HAS BOTH CHALLENGES ...
“WE’RE IN AN ECONOMIC CYCLE RIGHT NOW WHERE SALES TAX HASN’T BEEN AS HIGH AS IT HAD BEEN IN PRIOR YEARS AND SO WE’RE WORKING AROUND THOSE CONSTRAINTS.” ... AND SUCCESSES.
“IT ALIGNED WITH TAKING CARE OF OUR EMPLOYEES, WHICH IS ONE OF OUR CORE VALUES.” AND THE WORK ON THE BUDGET IS NEVER DONE.
“THE BUDGET IS A LIVING DOCUMENT. THE DAY IT’S APPROVED, WE’RE WORKING ON THE FIRST AMENDMENT, AND IT CONTINUES TO CHANGE BECAUSE THE NEEDS OF THE CITY CHANGE, PRIORITIES CHANGE, OPERATIONAL NEEDS CHANGE. AND THAT’S JUST TO MAINTAIN THE FLEXIBILITY THAT HAS MADE FRISCO GREAT.” TO LEARN MORE ABOUT THE BUDGET PROCESS, GO TO FRISCOTEXAS.GOV/BUDGET.
* This transcript was compiled from uncorrected Closed Captioning.