Oakland, Calif.– March 19, 2009– The Port of Oakland was awarded the Distinguished Budget Presentation Award from the Government Finance Officers Association of the United States and Canada (GFOA) for its fiscal year 2008-2009 budget. The Distinguished Budget Presentation Award is the highest form of recognition in governmental budgeting and represents a significant achievement by an organization. This is the third consecutive year that the Port has received this honor.

“This award reflects the excellence of our Port budget team and all of the Port’s departments that contributed to this effort. It demonstrates the commitment of our staff to meet the highest principles of governmental budgeting,” said Port of Oakland Chief Financial Officer Douglas Waring.

The Port’s budget presentation assessed by the GFOA was based on how well the Port’s budget serves as a policy document, a financial plan, an operations guide and a communications device. The budget documents had to be rated proficient in all four categories to receive the award.

The GFOA is a nonprofit professional association serving 17,500 government finance professionals throughout North America. The GFOA’s Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting.

The Distinguished Budget Presentation Award was granted to the Port of Oakland and a Certificate of Recognition for Budget Presentation was presented to the Port’s Budget and Analysis Department, designated as being primarily responsible for the Port having achieved the award.

Port of Oakland
The Port of Oakland oversees the Oakland seaport, Oakland International Airport and 20 miles of waterfront. The Oakland seaport is the third busiest container port on the U.S. West Coast; Oakland International Airport offers 150 nonstop flights to 26 destinations; and the Port’s real estate includes commercial developments such as Jack London Square, as well as hundreds of acres of public parks and conservation areas. The Port of Oakland was established in 1927 and is an independent department of the City of Oakland.

MEDIA CONTACTS:

Port of Oakland
Marilyn Sandifur, Port Spokesperson
Media & Public Relations Department
(510) 627-1193
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