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HomeMy Public PortalAboutTOL NR 2021-09-21 Leesburg Receives Distinguished Budget Presentation Award for 36th Consecutive Year Town of Leesburg News Release For Immediate Release September 21, 2021 Media Contact: Leah Kosin, Assistant Public Information Officer lkosin@leesburgva.gov  703-771-2781 Leesburg Receives Distinguished Budget Presentation Award for 36th Consecutive Year Leesburg, VA (September 21, 2021) – The Government Finance Officers Association (GFOA) has awarded the Town of Leesburg its prestigious Distinguished Budget Presentation Award for the Town’s Fiscal Year 2022 budget. Leesburg has received this award every year since 1986. It is the highest form of recognition in governmental budgeting. 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 development and 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 the 14 mandatory criteria within those categories, to receive the award. “Only a very small percentage of local governments actually get the Excellence in Budget Preparation Award,” said Director of Finance and Administrative Services Clark Case. “A lot of work is required to get this award and a lot of people from our team contribute to the process. We are grateful for the effort of people who sweat the details to make it happen.” As part of this award, the Town of Leesburg was presented with a Certificate of Recognition for Budget Preparation. There are over 1,700 participants in the Budget Awards Program. The Government Finance Officers Association is a non-profit professional association serving over 18,000 government finance professionals in North America. The GFOA Distinguished Budget Presentation Award is the only national awards program in governmental budgeting. # # #