The City of Bay City annually adopts an operating budget for the fiscal year to meet the ongoing needs of its citizens and its growth. Preparation of the annual operating budget is a primary duty of the Mayor's Office and Finance Department; once finalized, it is submitted to the City Council for further review and adoption.
The GFOA established the Distinguished Budget Presentation Awards Program (Budget Awards Program) in 1984 to encourage and assist state and local governments to prepare budget documents of the highest quality that reflect both the guidelines established by the National Advisory Council on State and Local Budgeting and the GFOA’s best practices on budgeting and then to recognize individual governments that succeed in achieving that goal.
Documents submitted to the Budget Awards Program are reviewed by selected members of the GFOA professional staff and by outside reviewers with experience in public-sector budgeting.
The City of Bay City has applied for the GFOA's Award in the fiscal year 2018.