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Item B3 BOARD OF COUNTY COMMISSIONERS AGENDA ITEM SUMMARY Meeting Date: September 20, 2006 Division: Budget & Finance Bulk Item: Yes L No Department: Office of Management & Budget Department Contact: Tina Boan AGENDA ITEM WORDING: Presentation, of Government Finance Officers Association (GFOA) award to Monroe County's Office of Management and Budget. ITEM BACKGROUND: Monroe County has received the Distinguished Budget Presentation A ward from the Government Finance Officers Association for the current fiscal year, which makes it the eighth year that Monroe County has received this award. The award is the highest form of recognition in governmental budgeting and represents a significant achievement of the County. PREVIOUS RELEVANT BOCC ACTION: As stated above. CONTRACT/AGREEMENT CHANGES: N/A STAFF RECOMMENDATIONS: N/A TOTAL COST: N/A BUDGETED: Yes No COST TO COUNTY: N/A SOURCE OF FUNDS: N/A REVENUE PRODUCING: Yes No AMOUNT PER MONTH Year APPROVED BY: County Atty ~ O~aSing _ Risk Management X DIVISION DIRECTOR APPROVAL: S~~,~ Salvatore R. Zappulla DOCUMENTATION: Included X To Follow_ Not Required DISPOSITION: AGENDA ITEM # Revised 1/03 '" GOVERNMENT FINANCE OFFICERS ASSOCIATION Distingu ished Budget Presentation Award PRESENTED TO Monroe County Florida President Executive Director For the Fiscal Year Beginning October 1, 2005 ~tff ~~~ ~DREb ~ ~ ~G .~ Government Finance Officers Association 203 North LaSalle Street, Suite 2700 Chicago, Illinois 60601 1210 312.977.9700 fax. 312.977.4806 April 7, 2006 PRESS RELEASE For Further Infonnation Contact Stephen 1. Gauthier (312) 977-9700 ************************************************************************************* Chicago--The Govell1ment Finance Officers Association of the United States and Canada (GFOA) is pleased to announce that Monroe County, Florida 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 govell1ing body and staff to meeting the highest principles of govell1mental 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 conm1Unications 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 Salvatore R. Zappulla, Division Director. For budgets including fiscal periods 2004, 1,027 entities received the Award. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other govell1ments throughout North America. The Govell1ment Finance Officers Association is a nonprofit professional association serving 16,000 govell1ment finance professionals throughout North America. The GFOA's Distinguished Budget Presentation Awards Program is the only national awards program in govell1mental budgeting. 1301 Pennsylvania Washington, DC ()ffice N.W, Suite 309 . Washington, DC 20004 202.393.8020. www.gfoa.org .202.393.0780