Village Receives GFOA Distinguished Budget Award for 11th Consecutive Year
The Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Village of Pinehurst the GFOA Distinguished Budget Presentation Award for the eleventh consecutive year.
The highest form of recognition in governmental budgeting, this award represents a significant achievement by the Village. It reflects the commitment of both Village Council and staff to meeting the highest principles of governmental budgeting. In order to receive the budget award, the Village had 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, and the fourteen mandatory criteria within those categories, to receive the award.
This year, the Village also received the “Special Performance Measures Recognition,” a recognition given only when a budget document receives an “outstanding” rating from all three reviewers. This is the second time the Village has received this special recognition in the last three years.
Assistant Village Manager Natalie Hawkins said, “Our Financial Services Department, led by director John Frye, has once again gone above and beyond to communicate the Village Council’s goals, objectives, and financial plans to our residents. This award recognizes that work and reinforces our efforts to both professionally manage a high performing organization and maintain a strong financial condition.”
The Government Finance Officers Association is a nonprofit professional association serving over 19,000 government finance professionals throughout North America. The GFOA's Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting.