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County News

Posted on: October 27, 2022

Chesterfield Receives GFOA's Distinguished Budget Presentation Award for 37th Year

Oct. 27, 2022

Budget and Management


Once again, Chesterfield County has been recognized by the Government Finance Officers Association (GFOA) with the group’s Distinguished Budget Presentation Award. 

 

The award represents a significant achievement by the county’s Budget and Management Department. It reflects the commitment of a governing body and its staff in meeting the highest principles of governmental budgeting. In order to receive the award, an entity has to satisfy nationally-recognized guidelines for effective budget presentation. 

 

These guidelines are designed to assess how well an entity's budget serves as:

 

  • a policy document
  • a financial plan
  • an operations guide
  • a communications device

 

Budget documents must be rated "proficient" in all four categories, and in the 14 mandatory criteria within those categories, to receive the award.

 

When a Distinguished Budget Presentation Award is granted to an entity, a Certificate of Recognition for Budget Presentation is also presented to the individual(s) or department designated as being primarily responsible for having achieved the award.

 

“Continuing to receive this award for now the 37th year in a row really speaks to the continuing commitment of the Board of Supervisors and county staff to meet the absolute highest budgeting principles and best practices,” said Budget and Management Director Gerard Durkin. “No matter what changes may come in modern times, we will continue to strive to be among the best of the best in terms of making sure thorough information is made accessbile to the public.”

 

There are over 1,700 participants in the Budget Awards Program. The most recent Budget Award recipients, along with their corresponding budget documents, are posted quarterly on GFOA's website. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.

 

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