Distinguished Budget Presentation Award for Town
Orangeville's budget presentation has received some wide-scale recognition.
The Government Finance Officers Association of the United States and Canada (GFOA) has presented the Distinguished Budget Presentation Award to the Town of Orangeville for its 2011 budget.
The award represents a significant achievement as "it reflects the commitment of the governing body and staff to meet the highest principles of governmental budgeting", the association's news release states.
The Town had to satisfy nationally recognized guidelines for effective budget presentation. The guidelines assess how well an organization's budget serves as a policy document, a financial plan, an operations guide, and a communications device. To receive the award, budget documents must be rated proficient in all four categories and the 14 mandatory criteria within those categories.
When a Distinguished Budget Presentation Award is granted, a Certificate of Recognition for Budget Presentation is also presented to the individual or department designated as being primarily responsible for having achieved the award and this was presented to Orangeville's treasurer, Bill McKennan.
Councillor Sylvia Bradley who serves as Finance Chair said only 12 Ontario municipalities have received this award in the last 20 years. "This is a very significant award," she said. Mayor Rob Adams congratulated the treasurer and his staff on a job well done.
Mr. McKennan said large municipalities are generally the recipients of such awards so he's pleased that the Town of Orangeville's budget presentation received praise and recognition. Mr. McKennan said he strives to produce "easy to read" budget documents. "This award is due, in large part, to the input from all Town departments and the goals set by each one," Mr. McKennan said.
The Government Finance Officers Association is a non-profit professional association serving nearly 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.
The award was announced last fall and plaques were presented at the January 9, 2012 Council meeting. The 2012 budget discussions get under way on January 16.
- Posted: Wednesday, January 11, 2012
- From: Treasury