Agenda - 05-18-2010 - 3b - Laserfiche WebLink

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ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: May 18, 2010 Action Agenda Item No. ~ - b SUBJECT: Distinguished Budget Presentation Award DEPARTMENT: Financial Services PUBLIC HEARING: (Y/N) No ATTACHMENT(S): Attachment 1. GFOA Announcement Letter to Orange County Attachment 2. GFOA Press Release INFORMATION CONTACT: Clarence Grier, 919-245-2453 PURPOSE: To recognize the budget staff of the Orange County Financial Services Department for earning the Government Finance Officers' Association (GFOA) Distinguished Budget Presentation Award for the 2009-10 fiscal year budget document. BACKGROUND: GFOA is an internationally recognized organization that offers guidance and support to local and state government budget and finance professionals throughout the United States and Canada. The GFOA's Distinguished Budget Presentation Award is the highest form of recognition in governmental budgeting and represents a significant achievement by the organization. Its attainment represents a major achievement by a governmental entity and its budget team. In order to receive this award, the County's budget and capital planning documents must meet stringent program criteria as policy documents, operations guides, financial plans, and communications devices. This year marks the eighteenth year that Orange County has received the GFOA Distinguished Budget Presentation Award. Eligibility standards and expectations for the award become more stringent and rigorous each year. The County commends the budget staff for their ability to consistently achieve the high standards required to receive this esteemed award. FINANCIAL IMPACT: There is no financial impact of this award. RECOMMENDATION(S): The Manager recommends that the Board of County Commissioners recognize the Financial Services Director and staff for the receipt of the GFOA Distinguished Budget Award and present the GFOA plaque to them.