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The original item was published from 1/3/2017 8:54:18 AM to 1/18/2017 12:00:03 AM.

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Purcellville News Flash

Posted on: January 3, 2017

[ARCHIVED] News Release - Town of Purcellville Receives Distinguished Budget Presentation Award

PURCELLVILLE, Va. January 3, 2017 — The Government Finance Officers Association of the United States and Canada (GFOA) awarded the Town of Purcellville its Distinguished Budget Presentation Award for the Town’s Fiscal Year 2017 budget plan. The Town has received this prestigious award every year since Fiscal Year 2010. The Distinguished Budget Presentation Award is the highest form of recognition in the area of governmental budgeting, and its attainment represents a significant accomplishment by a government and its management.

The award reflects the commitment of the Town Council and the Town staff to meeting the highest principles of government budgeting. To receive this award, the Town had to satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess how well the Town’s budget serves as a policy document, a financial plan, an operations guide and a communications device. Budget documents must be rated “proficient” in all four categories, and the fourteen mandatory criteria within those categories, to receive the award.

In addition to the Distinguished Budget Presentation Award, the GFOA also presented a Certificate of Recognition for Budget Presentation to Director of Finance, Elizabeth Krens, and the Finance Department for the achievement of the award. The Director would like to recognize the Town’s budget team, Debbie Capitan and Paula Hicks, for their outstanding contribution and management of the Town’s budget document.

The GFOA is a major professional association servicing the needs of 19,000 government finance professionals. For the Fiscal Year 2017 budgets, 1,565 participants received this award. The GFOA’s Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting.

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