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Yavapai News

Monday, November 25, 2024

Yavapai College Earns Distinguished Budget Presentation Award

For the second consecutive year, Yavapai College has earned the Government Finance Officers Association (GFOA) Distinguished Budget Presentation Award for its budget.

The award represents a significant achievement, reflecting the commitment of the governing body and staff to meeting the highest principles of governmental budgeting. To receive the budget award, YC 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
  • A communications device
Budget documents must be rated "proficient" in all four categories, and in the fourteen mandatory criteria within those categories, to receive the award.

There are over 1,700 participants in the Budget Awards Program. The most recent Budget Award recipients, along with their corresponding budget documents, are posted quarterly on GFOA's website, https://www.gfoa.org/. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.

Government Finance Officers Association advances excellence in government finance by providing best practices, professional development, resources and practical research for more than 21,000 members and the communities they serve.

Original source can be found here.

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