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1 <br />ORANGE COUNTY <br />BOARD OF COMMISSIONERS <br />ACTION AGENDA ITEM ABSTRACT <br />Meeting Date: June 19, 2018 <br />SUBJECT: Distinauished Budaet Presentation Award <br />DEPARTMENT: Finance and Administrative <br />Services <br />ATTACHMENT(S): <br />Attachment 1. GFOA Announcement <br />Letter to Orange County <br />Attachment 2. GFOA Press Release <br />Action Agenda <br />Item No. 4 -f <br />INFORMATION CONTACT: <br />Gary Donaldson, Finance and <br />Administrative Services, (919) 245 -2453 <br />Paul Laughton, (919) 245 -2152 <br />PURPOSE: 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 2017 -18 fiscal year budget document. <br />BACKGROUND: 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 meet stringent program criteria such as policy documents, operations guides, <br />financial plans, and communications devices. <br />This year marks the twenty -sixth year that Orange County has received the GFOA Distinguished <br />Budget Presentation Award. Eligibility standards and expectations for the 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: There is no financial impact related to the recognition of this award. <br />SOCIAL JUSTICE IMPACT: There is no Orange County Social Justice Goal associated with <br />this item. <br />RECOMMENDATION(S): The Manager recommends that the Board recognize 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 />