The Government Finance Officers Association (GFOA) recently announced that the Village of Wellington has received the GFOA’s Distinguished Budget Presentation Award for its budget for the 22nd consecutive year.
This award represents a significant achievement by the village. It reflects the commitment of council and staff to meeting the highest principles of governmental budgeting.
In order to receive the budget award, Wellington had to satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess how well Wellington’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 in the 14 mandatory criteria within those categories, to receive the award.
This year’s Distinguished Budget Presentation Award is the village’s 22nd continuously earned award, and the Wellington officials give special recognition to Budget & Reporting Director Christine Wadleigh and Budget Analyst Rubi Cabret for their significant contributions to the body of work that earned the honor.
There are more than 1,600 participants in the Budget Awards Program. The most recent award recipients, along with their corresponding budget documents, are posted quarterly on the GFOA’s web site.
Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.
For more info., visit www.gfoa.org.