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City of Bentonville Receives Distinguished Budget Presentation Award

Posted: August 22 2014

August 1, 2014


PRESS RELEASE

For Further Information Contact Stephen J. Gauthier (312) 977-9700

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Chicago--The Government Finance Officers Association of the United States and Canada (GFOA) is pleased to announce that City of Bentonville, Arkansas has received the GFOA's Distinguished Budget Presentation Award for its 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 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 the fourteen mandatory criteria within those 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 Denise Land, Finance Director.

For budgets including fiscal period 2013, over 1,400 participants received the Award. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.

The Government Finance Officers Association is a nonprofit  professional association serving nearly 18,000 government finance professionals throughout North America. The GFOA's Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting.

 

Washington, DC Office
I 30 I   Pennsylvania Avenue,  N. W., Suite 309  •  Washington, DC 20004  •  202. 393 .8020  • fax:   202. 393 .0780 www.gfoa.org