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.

This is the 18th consecutive year the city has received the award and the 22nd time overall. The recent award is for the city’s Fiscal Year 2023-24 budget, which was prepared by city staff and approved by the City Council in June.

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 is the culmination of many months of committed effort put forth by our entire organization. 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.

The Government Finance Officers Association advances excellence in government finance by providing best practices, professional development, resources and practical research for its more than 21,000 members and the communities they serve.

More information
Fiscal Year 2023-24 Budget
Fiscal Year 2023-24 Budget in Brief summary