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City of Torrance finance department wins GFOA, CSMFO awards for FY 2024-25 budget

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Summary

City of Torrance Finance Director Ian Daley announced that the city received awards from the Government Finance Officers Association and the California Society of Municipal Finance Officers for its fiscal year 2024-25 operating budget and capital improvement plan; staff said work is underway on a FY 2025–27 budget and CIP.

City of Torrance Finance Director Ian Daley announced that the City of Torrance finance department received awards from the Government Finance Officers Association (GFOA) and the California Society of Municipal Finance Officers (CSMFO) for the fiscal year 2024-25 operating budget and capital improvement plan.

Daley said the recognition reflects the department’s emphasis on transparency and clarity in budget documents and noted the department is…

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