To the Citizens of Cedar Falls:
The Department of Administrative Services hereby submits the Budget Brochure for 2013. This report is intended to provide the public with a brief summary of the City’s Budget for the fiscal year from July 1, 2012 through June 30, 2013. Since the complete FY13 document may contain data unfamiliar to many readers, we have tried to depict our budget highlights through graphics, charts, and condensed table presentation.
This financial information has been gathered from a much lengthier document. The three-year financial plan includes the FY2013 budget, FY2014 and FY2015 projections, the City Council goals, long-term financial strategies, and the Capital Improvement Program. The financial plan also includes charts illustrating property tax effects, debt service schedules, employee information, and other miscellaneous graphs and statistical information. If anyone would like to purchase a copy of a complete FY2013-2015 Financial Plan, they should contact the Department of Administrative Services at (319) 273-8600 or visit the City’s website at
www.cedarfalls.com.
For the nineteenth consecutive year, the Government Finance Officers Association of the United States and Canada (GFOA) presented an award of Distinguished Presentation to the City of Cedar Falls for its annual budget for the fiscal year beginning July 1, 2011. The Award is a prestigious national award and is the highest form of recognition in governmental budgeting.
In order to receive the award, a government unit must publish a budget document that meets program criteria as a policy document, as an operational guide, as a financial plan and as a communication device. This document is reviewed by an impartial panel to meet these high standards and makes recommendations that should be implemented for the next fiscal year.
An Award for the Distinguished Budget Presentation Award is valid for a period of one year only. We believe our current report continues to conform to program requirements, and we are submitting it to the GFOA to determine its eligibility for another award.
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