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<br />1 <br />ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date:May 19, 2015 <br />Action Agenda <br />Item No.4-a <br />SUBJECT: <br />Distinguished Budget Presentation Award <br />DEPARTMENT:Finance and Administrative PUBLIC HEARING: (Y/N)No <br />Services <br />ATTACHMENT(S):INFORMATION CONTACT: <br />Paul Laughton, Finance and <br />Attachment 1. GFOA Announcement <br />Administrative Services,919-245- <br />Letter to Orange County <br />2152 <br />Attachment 2. GFOA Press Release <br />PURPOSE: <br />To recognize the budget staff of the Orange County Finance and Administrative <br />Services Department for earning the Government Finance Officers’ Association (GFOA) <br />Distinguished Budget Presentation Award for the 2014-15 fiscal year budget document. <br />BACKGROUND: <br />GFOA is an internationally recognized organization that offers guidance and <br />support to local and state government budget and finance professionals throughout the United <br />States and Canada. The GFOA’s Distinguished Budget Presentation Award is the highest form <br />of recognition in governmental budgeting and represents a significant achievement by the <br />organization. Its attainment represents a major achievement by a governmental entity and its <br />budget team. In order to receive this award, the County’s budget and capital planning <br />documents must meetstringent program criteria such as policy documents, operations guides, <br />financial plans, and communications devices. <br />This year marks the twenty-thirdyearthat Orange County has received the GFOA Distinguished <br />Budget Presentation Award. Eligibility standards and expectations forthe award become more <br />stringent and rigorous each year. The County commends the budget staff for their ability to <br />consistently achieve the high standards required to receive this esteemed award. <br />FINANCIAL IMPACT: <br />There is no financial impact related tothe recognition of this award. <br />RECOMMENDATION(S): <br />The Manager recommends that the Boardrecognize the budget staff <br />of the Finance and Administrative Services Department for the receipt of the GFOA <br />Distinguished Budget Award and present the GFOA plaque to them. <br /> <br />