TITLE
title
Recognition of Distinguished Budget Presentation Award by Government Finance Officers Association to Office of Management and Budget
body
BRIEF OVERVIEW
The Government Finance Officers Association (GFOA), founded in 1906, represents public finance officials throughout the United States and Canada. The associations’ more than 20,000 members are federal, state/provincial, and local finance officials deeply involved in planning, financing, and implementing thousands of governmental operations in each of their jurisdictions. GFOA’s mission is to advance excellence in public finance.
Distinguished Budget Presentation Award Program:
GFOA established the Distinguished Budget Presentation Awards Program (Budget Awards Program) in 1984 to encourage and assist state and local governments to prepare budget documents of the very highest quality that reflect both the guidelines established by the National Advisory Council on State and Local Budgeting and the GFOA's best practices on budgeting and then to recognize individual governments that succeed in achieving that goal. Approximately 1,800 governments, including states, cities, counties, special districts, school districts, and more have been recognized for transparency in budgeting. To earn recognition, budget documents must meet program criteria and excel as a policy document, financial plan, operations guide, and communication tool.
The budget criteria associated with the award are attached, as is the award presented to Hernando County for the fiscal year starting October 1, 2024.
The budget information can be found on the County’s website under Departments / Management and Budget (image attached).
FINANCIAL IMPACT
NA
LEGAL NOTE
NA
recommendation
RECOMMENDATION
It is recommended that the Board acknowledge the receipt of the GFOA Distinguished Budget Presentation Award for fiscal year starting October 1, 2024.