File #: 22-3362    Version: 1 Name:
Type: Presentation Status: Agenda Ready
File created: 9/6/2022 In control: Town Council Meeting
On agenda: 9/26/2022 Final action:
Title: Presentation of GFOA's Distinguished Budget Award
Attachments: 1. GFOA Budget Certificate 2023

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 28th consecutive year the Town has received this award.  Congratulation to the finance department and to Michelle Pagano-Dierkes and Marion Serfass, who led the budget process.