Prince William’s Office of Management and Budget was recognized for the clarity of their budgeting efforts for the 29th time in a row.
According to a release, the office received the Distinguished Budget Presentation Award from the Government Finance Officers Association.
“The association gives the award to jurisdictions that demonstrate thoroughness in their budget process,” stated a release.
In order to receive this award, the association evaluates local governments’ use of charts, graphs, statistics, and financial summaries as they relate to budget documents, according to a release.
“The mission of our budget process is to help our elected leadership and the community make informed choices about the provision of services and capital assets in Prince William County. We have a very robust budgeting process here in Prince William. The GFOA Distinguished Budget Award recognizes the county for using international best budgeting practices to create a budget that is an effective policy document, financial plan, operations guide and, most importantly, communicates those decisions to our community and stakeholders,” stated Prince William County Budget Director Michelle Casciato in a release.
In addition to the Distinguished Budget Presentation Award, Prince William was also given a Special Capital Recognition Award for their capital improvement and debt sections of the county budget, according to a release.
“We are especially proud of the special recognition for our Capital Budget. Less than 1 percent of all budgets submitted to GFOA each year receive this distinction. Prince William has received this special recognition twice in the last four years,” stated Casciato in a release.