Financial Award Programs
The City of Sachse participates in the Government Finance Officers Association award programs for both the Annual Budget and the CAFR.
Comprehensive Annual Financial Reports
The City of Sachse has received The Certificate of Achievement for Excellence in Financial Reporting Governmental Finance Officers Association (GFOA) for its comprehensive annual financial reports (CAFR). This award is the highest form of recognition in the area of governmental accounting and financial reporting. The Certificate of Achievement for Excellence in Financial Reporting has been granted for 18 consecutive years as of 09/30/2016.
GFOA established the Distinguished Budget Presentation Awards Program (Budget Awards Program) to encourage and assist state and local governments to prepare budget documents of the very highest quality that reflect both the guidelines established by the National Advisory Council on State and Local Budgeting and the GFOAs best practices on budgeting and then to recognize individual governments that succeed in achieving that goal. The City has received the Distinguished Budget Presentation award for five consecutive years as of 09/30/2017.
Investment Policy Certification
The Government Treasuers' Organization of Texas has awarded the Certificate of Distinction to the City of Sachse, Texas, for its Investment Policy. Members of the Review Committee congratulate the Board for its commitment to maintaining a comprehensive written investment policy that meets the criteria set forth in the GTOT Investment Policy Review Checklist.