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Agenda - 05-04-2004-7a
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Agenda - 05-04-2004-7a
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Last modified
9/1/2008 11:42:31 PM
Creation date
8/29/2008 10:41:45 AM
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BOCC
Date
5/4/2004
Document Type
Agenda
Agenda Item
7a
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Minutes - 20040504
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\Board of County Commissioners\Minutes - Approved\2000's\2004
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Covcrnment Finance Officers Association <br />203 Nm~dr LaSalle Srreer, Suirc 2700 <br />Chicago, Illinois 60601-1210 <br />312.977.9700 ~az: 312.977.4806 <br />December .31, 2003 <br />PRLSS REL);AS>/ <br />For Further Information Contact <br />Stephen J. Gauthier (312) 977-9700 <br /> <br />Chicago--The Government Finance Officers Association of the United States and Canada (GFOA) <br />is pleased to announce that Orange County, North Carolina has received the GFOA's <br />Distinguished Budget Presentation Award for its budget. <br />The award represents a significant achievement by the entity. It reflects the commitment of the <br />governing body and staff to meeting the highest principles of governmental budgeting. In order to <br />receive the budget award, the entity had to satisfy nationally recognized guidelines for effective <br />budget presentation. These guidelines are designed to assess how well an entity's budget serves as: <br />^ a policy document <br />^ a financial plan <br />^ an operations guide <br />^ a cotntnunications device <br />Budget documents must be rated "proficient" in all four categories to receive the award„ <br />When a Distinguished Budget Presentation Award is granted to an entity, a Certificate of <br />Recognition for Budget Presentation is also presented to the individual or department designated as <br />being primarily responsible for its having achieved the award. This has been presented to Donna <br />H. Dean, Budget Director. <br />Since the inception of the GFOA's Distinguished Budget Presentation Awards Program in 1984, <br />approximately 900 entities have received the Award. Award recipients have pioneered efforts to <br />improve the quality of budgeting and provide an excellent example for other governments <br />throughout North America.. <br />The Government Finance Officers Association is a nonprofit professional association <br />serving 14,000 government finance professionals throughout North America. The <br />GFOA's Distinguished Budget Presentation Awards Program is the only national awards <br />program in governmental budgeting. <br /> <br />www gfoa org <br />
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