The Kenai Peninsula Borough has received the “Distinguished Budget Presentation Award” for its budget from the Government Finance Officers Association of the United States and Canada, the borough announced last week.

According to a press release, the borough had to satisfy nationally recognized guidelines designed to assess how well the borough’s budget serves as a policy document, financial plan, operations guide and communication device. Budget documents must be rated proficient in four categories and the 14 criteria within those categories to receive the award.

The borough was one of 1,328 entities to receive the honor.