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2 <br /> March 01,2021 <br /> Gary Donaldson <br /> Chief Financial Officer <br /> Orange County <br /> 405 Meadowlands Drive <br /> Hillsborough,NC 27278 <br /> Dear Mr. Donaldson: <br /> A panel of independent reviewers has completed its examination of your budget document. We are pleased <br /> to inform you that the panel has voted to award your budget document the Distinguished Budget <br /> Presentation Award from Government Finance Officers Association (GFOA) for the current fiscal period <br /> on a qualified basis. As you know, certain criteria of the Budget Awards Program are mandatory. <br /> Normally,failure to satisfy one of the mandatory criteria as determined by two or all three reviewers would <br /> preclude an organization from obtaining the award. Our review indicated that your budget document failed <br /> to satisfy the following criteria: <br /> Financial#8 <br /> Because of your organization's past participation in the Budget Awards Program, this deficiency will not <br /> disqualify your budget document from receiving the award this year. However, failure to correct the <br /> deficiency in your next submittal will almost certainly exclude your organization from receiving the award. <br /> The Distinguished Budget Presentation Award is valid for one year. To continue your participation in the <br /> program, it will be necessary to submit your next annual budget document to GFOA within 90 days of the <br /> proposed budget's submission to the legislature or within 90 days of the budget's final adoption.Information <br /> about how to submit an application for the Distinguished Budget Program application is posted on GFOA's <br /> website. <br /> Each program participant is provided with confidential comments and suggestions for possible <br /> improvements to the budget document. Your comments are enclosed. We urge you to carefully consider <br /> the suggestions offered by our reviewers as you prepare your next budget. <br /> When a Distinguished Budget Presentation Award is granted to an entity, a Certificate of Recognition for <br /> Budget Presentation is also presented to the individual(s) or department designated as being primarily <br /> responsible for its having achieved the award. Enclosed is a Certificate of Recognition for Budget <br /> Preparation for: <br /> Finance Department <br /> Continuing participants will receive a brass medallion that will be mailed separately. First-time recipients <br /> will receive an award plaque within eight to ten weeks. Also enclosed is a camera-ready reproduction of <br /> the award for inclusion in your next budget. If you reproduce the camera-ready image in your next budget, <br /> it should be accompanied by a statement indicating continued compliance with program criteria. The <br /> following standardized text should be used: <br /> Government Finance Officers Association of the United States and Canada (GFOA)presented a <br /> Distinguished Budget Presentation Award to Orange County, North Carolina, for its Annual <br /> Budget for the fiscal year beginning July 01,2020. In order to receive this award, a governmental <br />