Loading...
HomeMy WebLinkAboutAgenda - 05-19-2015 - 4a 1 ORANGE COUNTY BOARD OF COMMISSIONERS ACTION AGENDA ITEM ABSTRACT Meeting Date:May 19, 2015 Action Agenda Item No.4-a SUBJECT: Distinguished Budget Presentation Award DEPARTMENT:Finance and Administrative PUBLIC HEARING: (Y/N)No Services ATTACHMENT(S):INFORMATION CONTACT: Paul Laughton, Finance and Attachment 1. GFOA Announcement Administrative Services,919-245- Letter to Orange County 2152 Attachment 2. GFOA Press Release 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 2014-15 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 meetstringent program criteria such as policy documents, operations guides, financial plans, and communications devices. This year marks the twenty-thirdyearthat Orange County has received the GFOA Distinguished Budget Presentation Award. Eligibility standards and expectations forthe 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 tothe recognition of this award. RECOMMENDATION(S): The Manager recommends that the Boardrecognize the budget staff of the Finance and Administrative Services Department for the receipt of the GFOA Distinguished Budget Award and present the GFOA plaque to them. 2 Attachment 1 3 4 Attachment 2