The Government Finance Officers Association recently announced that the Village of Wellington has once again received GFOA’s Distinguished Budget Presentation Award for its budget for the 24th consecutive year.
This award represents a significant achievement by the village. It reflects the commitment of Wellington Village 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.
The village gives special recognition to Budget & Reporting Director Christine Wadleigh, Budget Analyst Rubi Cabret and Financial Analyst Jose Reyes for their significant contribution to the body of work that earned this honor.
There are more than 1,600 participants in the Budget Awards Program. The most recent Budget Award recipients, along with their corresponding budget documents, are posted quarterly on GFOA’s web site.