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Rio Rancho receives budget award for 18th consecutive year
(File photo)
Rio Rancho’s Financial Services Department has been recognized for its budget document for the 18th consecutive year by the Government Finance Officers Association of the United States and Canada. This award is the highest form of recognition in governmental budgeting.
The Distinguished Budget Presentation Award recognizes the city’s budget for the current fiscal year that ends June 30. The city’s budget had to satisfy nationally recognized guidelines for an effective budget presentation that includes serving as a policy document, financial plan, operations guide and communications device.
The GFOA is a professional organization serving more than 22,500 government entities and finance practitioners.
