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File #: 23-4015    Version: 1 Name:
Type: Presentation Status: Agenda Ready
File created: 10/3/2023 In control: Town Council Meeting
On agenda: 10/23/2023 Final action:
Title: Presentation of GFOA's Distinguished Budget Award
Attachments: 1. 1 Town of Vienna Certificate 2024 and award

Subject:

Title

Presentation of GFOA's Distinguished Budget Award

Body

 

EXPLANATION AND SUMMARY

The Government Finance Officers’ Association (GFOA), the governing organization for local government finance departments has awarded the Town of Vienna with the Distinguished Budget Presentation Award for the 2022-23 budget presentation.

 

Per the GFOA:

 

“The award represents a significant achievement by the entity. It reflects the commitment of the governing body and staff to meeting the highest principles of governmental budgeting. In order to receive the budget award, the entity had to satisfy nationally recognized guidelines for effective budget presentation. These

guidelines are designed to assess how well an entity's budget serves as:

 

                     a policy document

                     a financial plan

                     an operations guide

                     a communications device”

 

And,

 

“There are over 1,700 participants in the Budget Awards Program. … Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.”

 

This is the 29th consecutive year the Town has received this award.  Congratulation to the finance department and to Christina Williams and Marion Serfass, who led the budget process.