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HomeMy Public PortalAboutTOL PR 2014-09-26 GFOA Award Town of Leesburg News Release For Immediate Release Leesburg Receives Distinguished Budget Presentation Award for 29th Straight Year Leesburg, VA (September 26, 2014) – The Government Finance Officers Association (GFOA) has awarded the Town of Leesburg’s Finance Department its annual Distinguished Budget Presentation Award for the Town’s Fiscal Year 2015 budget. Leesburg has received this award every year since 1986, and was one of only five towns in Virginia to be so recognized last year. The GFOA Distinguished Budget Presentation Award recognizes organizations that meet the highest principles of governmental budgeting. Recipients must satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess how well an organization’s budget serves the multiple roles of policy document, financial plan, operations guide and communications device. Budget documents must be rated as “proficient” or “outstanding” in all four categories, and in fourteen of twenty-seven mandatory criteria within those categories, to receive the award. This year, Leesburg received special recognition for the performance measures included in the budget. Beginning with the FY 2015 budget, the Town implemented a balanced scorecard methodology to manage progress toward the Council’s adopted strategic goals. Each department’s annual goals and objectives are integrated into the overall organizational goals through quantitative performance measures, highlighting continuous improvements and efficiencies in the Town’s service delivery. “Receiving the special performance measure recognition for our budget document is particularly significant,” explained John Wells, Leesburg’s Town Manager. “It means that we are showing our residents exactly what services they receive and how efficient we are with their tax dollars. Last year, only three jurisdictions out of 56 in Virginia received this recognition, so Leesburg has really risen to the top with this effort.” The Government Finance Officers Association is a non-profit professional association serving over 17,600 government finance professionals in North America. The GFOA Distinguished Budget Presentation Award is the only national awards program in governmental budgeting. Contact: Betsy Fields, Research & Communications Manager bfields@leesburgva.gov  703-771-2734 # # #