Loading...
HomeMy Public PortalAboutTOL NR 2022-09-30 Leesburg Receives Distinguished Budget Presentation Award for 37th Consecutive Year Town of Leesburg News Release For Immediate Release September 30, 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 (December 30, 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. “The Town’s final budget is really the Town’s operational and capital plan for the coming year and is the result of many hours of hard work by Town Council members, management, and staff,” said Director of Finance and Administrative Services Clark Case. “It tells one what we are going to do and what we will spend to do it and where the money comes from to pay fo r it.” 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. # # #