Chicago, IL—The Government Finance
Officers Association of the United States and Canada (GFOA) is pleased to
announce that Lafayette Consolidated Government,
Louisiana has received the GFOA’s Distinguished Budget Presentation Award
for its budget. Beverly Hodges,
President of Louisiana GFOA presented Lafayette Consolidated Government with
this award at the Council meeting on Tuesday, July 1, 2014.
The award represents a significant
achievement by the LCG. 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:
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 Lorrie R. Toups, Chief Financial Officer of
Lafayette Consolidated Government.
For budgets including fiscal period
2012, only an estimated 1,340 entities are expected to receive the award,
nationwide. 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 over 17,800
government finance professionals throughout North America. The GFOA’s Distinguished Budget Presentation
Awards Program is the only national awards program in governmental budgeting.