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HomeMy WebLinkAboutAgenda - 05-15-2012 - 4cORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date: May 15, 2012 Action Agenda Item No. 4 -~ SUBJECT: Distinguished Budget Presentation Award DEPARTMENT: Finance and Administrative PUBLIC HEARING: (Y/N) No Services ATTACHMENT(S): Attachment 1. GFOA Announcement Letter to Orange County Attachment 2. GFOA Press Release INFORMATION CONTACT: Clarence Grier, Director, Finance and Administrative Services, 919-245- 2453 PURPOSE: To recognize the budget staff of the Orange County Finance and Administrative Services Department for earning the Government Finance Officers' Association (GFOA) Distinguished Budget Presentation Award for the 2011-12 fiscal year budget document. BACKGROUND: GFOA is an internationally recognized organization that offers guidance and support to local and state government budget and finance professionals throughout the United States and Canada. The GFOA's Distinguished Budget Presentation Award is the highest form of recognition in governmental budgeting and represents a significant achievement by the organization. Its attainment represents a major achievement by a governmental entity and its budget team. In order to receive this award, the County's budget and capital planning documents must meet stringent program criteria such as policy documents, operations guides, financial plans, and communications devices. This year marks the finrentieth year that Orange County has received the GFOA Distinguished Budget Presentation Award. Eligibility standards and expectations for the award become more stringent and rigorous each year. The County commends the budget staff for their ability to consistently achieve the high standards required to receive this esteemed award. FINANCIAL IMPACT: There is no financial impact related to the recognition of this award. RECOMMENDATION(S): The Manager recommends that the Board recognize the Finance and Administrative Services Director and staff for the receipt of the GFOA Distinguished Budget Award and present the GFOA plaque to them. ~ ` 2 Government Finance Officers Association 203 North LaSalle Street, Suite 2700 Chicago, Illinois 60601-1210 312,977.9700 fac:312.977.4806 . January 23, 2012 Mr. Frank Clifton County Manager Orange County 200 S. Cameron Street HilLsborough, NC 2~278 Dear Mr. Clifton: I am pleased to notify you that Orange County, North Carolina has received the Distinguished Budget Presentation Award for the current budget from the Govemment Finance Officers Association (GFOA). This award is the highest form of recognition in governmental budgeting and represents a significant achievement by your organization. When a Distinguished Budget Presentation Awazd is granted to an entity, a Certificate of Recognition for Budget Presentation is also presented to the individual or department designated as being primarily responsible for its having achieved the award. This has been presented to: ~ Clarence G. Grier, Financial Services Director We hope you will arrange for a formal public presentaxion of the award, and that appropriate publicity will be given to this notable achievement. A press release is enclosed for your use. We appreciate your participation in GFOA's Budget Awards Program. Through your example, we hope that other entities will be encouraged to achieve excellence in budgeting. Sincerely, -~~~- ~ ~~ Stephen J. Gauthier, Director Technical Services Center Enclosure Washington, DC Office 1301 PennsylvaniaAvenue, N.W., Suite 309 • Washington, DC 20004 • 202.393.8020 • fax: 202.393.0780 w~vw gfoa. org ~1,~~,-~ z s Government Finance Officers Association 203 North LaSalle Street, Suite 2700 Chicago, Illinois 60601-1210 312.977.9700 fax: 312.977.4806 s January 23, 2012 PRESS RELEASE For Further Information Conta.ct Stephen J. Gauthier (312) 977-9700 *+****+*+**~~~*~«***«*~****~r~***:•*~~~~~##**s*~*~*:s+«~+«***~:***.*~~*~***~**~**~.~* Chicago--The Government Finance Officers Association of the United States and Canada (GFOA) is pleased to announce that Orange County, North Carolina has received the GFOA's Distinguished Budget Presentation Award for its budget. 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 govemmental budgeting. In order to receive the budget award, the entity had to satisfy nationally recognized guidelines for effective budget presentation. T'hese 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 Budget documents must be rated "proficient" in all four categories, and the fourteen mandatory criteria within those categories, to receive the award. When a Distinguished Budget Presentation Award is granted to an entity, a Certificate of Recognition for Budget Presentation is also presented to the individual or department designated as being primazily responsibie for its having achieved the award. This has been presented to Clarence G. Grier, Financial Services Director. For budgets inc(uding fiscal period 2010, over 1,250 entities received the Awazd. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent exampie for other governments throughout North America The Government Finance Officers Association is a nonprofit professional association serving neazly 17,400 government finance professionals throughout North America. The GFOA's Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting. Washington, DC Off'ice 1301 PennsylvaniaAvenue, N.W., Suite 309 • Washington, DC 200~4 • 202.393.8020 • fox: 202.393.0780 w~v~v.gfoa.org