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HomeMy Public PortalAboutTOL NR 2022-08-10 Leesburg Receives Distinguished Budget Presentation Award for 37th Consecutive Year Town of Leesburg News Release For Immediate Release August 10, 2022 Media Contact: Leah Kosin, Assistant Public Information Officer pio@leesburgva.gov  703-771-2781 Leesburg Receives Distinguished Budget Presentation Award for 37th Consecutive Year Leesburg, VA (August 10, 2022) – The Government Finance Officers Association (GFOA) has awarded the Town of Leesburg its prestigious Distinguished Budget Presentation Award for the Town’s Fiscal Year 2023 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. As part of this award, the Town of Leesburg was presented with a Certificate of Recognition for Budget Preparation. “GFOA raises the bar on winning this award each year, so it is always a significant achievement,” said Director of Finance and Administrative Services Clark Case. He acknowledged the long hours that staff puts in in order to produce the award-winning budget document. “It is both a financial and an operating plan for the Town. Just one more reason to be proud of Leesburg.” 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. # # #