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HomeMy Public PortalAboutTOL PR 2018-10-15 GFOA Budget Award Town of Leesburg News Release For Immediate Release October 15, 2018 Media Contact: Betsy Arnett, Public Information Officer barnett@leesburgva.gov  703-771-2734 Leesburg Receives Distinguished Budget Presentation Award for 33rd Consecutive Year Leesburg, VA (October 15, 2018) – The Government Finance Officers Association (GFOA) has awarded the Town of Leesburg its prestigious Distinguished Budget Presentation Award for the Town’s Fiscal Year 2018 budget document. Leesburg has received this award every year since 1986. 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 process of creating our annual budget document is one of continuous improvement,” says Kaj Dentler, Leesburg’s Town Manager. “Only 8% of eligible organizations across the country receive this award each year. Our budget team continues to excel in meeting the GFOA’s ever- increasing standards for budget presentation, demonstrating our commitment to provide transparent and accessible budget information to our taxpayers.” As part of this award, the Department of Finance and Administrative Services was present ed with a Certificate of Recognition for Budget Preparation. Members of the budget preparation team include Clark Case, Director of Finance and Administrative Services; Lisa Haley, Deputy Director/Treasurer; Jason Cournoyer, Management and Budget Officer; and Cole Fazenbaker, Management Analyst. 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. # # #