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Financial Services News

Financial Services News Village Earns GFOA Distinguished Budget Presentation Award - The GFOA of the United States and Canada recently announced that Village of Pinehurst has received the GFOA's Distinguished Budget Presentation Award for its Fiscal Year 2012-2013 Budget. The award represents a significant achievement by the entity. It reflects the commitment of the governing body and staff to meeting the highest principles of governmental budgeting. In order to receive the budget award, the 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, and a communications device. Budget documents must be rated "proficient" in all four 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 or department designated as being primarily responsible for its having achieved the award. This has been presented to John G. Frye, CPA, Financial Services Director and the Financial Services Department.

Village Earns GFOA Certificate of Achievement - The Financial Services Department consistently receives the Certificate for Excellence in Financial Reporting from the Government Finance Officers Association for its preparation of the Fiscal Year 2011-2012 Comprehensive Annual Financial Report (CAFR). The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management. John Frye, Financial Services Director, received the Award of Financial Reporting Achievement as the individual designated by the Village’s government as primarily responsible for preparing the award-winning CAFR.

The Village of Pinehurst

is a charming, vibrant community which reflects our rich history and traditions.

Village of Pinehurst
395 Magnolia Road
Pinehurst, NC 28374
Business Hours: 8:30 am - 5:00 pm

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