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Government Finance Officers Association <br />July 12, 2012 <br />Mr. Tim Simon <br />Finance Director <br />City of Elk River <br />13065 Orono Parkway <br />Elk River, MN 55330 <br />Dear Mr. Simon: <br />I am pleased to notify you that City of Elk River, Minnesota has received the Distinguished <br />Budget Presentation Award for the current budget from the Government Finance Officers <br />Association (GFOA). This award is the highest form of recognition in governmental budgeting <br />and represents a significant achievement by your organization. <br />When a Distinguished Budget Presentation Award is granted to an entity, a Certificate of <br />Recognition for Budget Presentation is also presented to the individual or department designated <br />as being primarily responsible for its having achieved the award. This has been presented to: <br />Finance Department <br />We hope you will arrange for a formal public presentation of the award, and that <br />appropriate publicity will be given to this notable achievement. A press release is <br />enclosed for your use. <br />We appreciate your participation in GFOA's Budget Awards Program. Through your <br />example, we hope that other entities will be encouraged to achieve excellence in <br />budgeting. <br />Sincerely, <br />Stephen J. Gauthier, Director <br />Technical Services Center <br />Enclosure <br />Washington, DC Office <br />1301 Pennsylvania Avenue, N.W., Suite 309 ' Washington, DC 20004 • 202.393.8020 • fax: 202.393.0780 <br />wwv,.gfoa.org <br />