Prince William County has earned the Government Finance Officers Association (GFOA) Distinguished Budget Presentation Award for the thoroughness of its Fiscal 2014 Budget.
The County also earned special recognition for the capital improvement and debt section of the budget, receiving outstanding ratings for the capital investment descriptions. In particular, the detailed description of operating budget impacts created by capital investments in current and future years was cited as outstanding.
GFOA awarded its highest honor to Prince William County for the 27th consecutive year, citing excellence in the document’s use of charts and graphs, statistics, financial summaries and for its inclusion of an effective glossary, a complete budget introduction and comprehensive overview, among other criteria.
The association’s evaluation showed that the County produced a solid document, with complete financial summaries and policy statements, which served well as a sound communications device, a policy document and an operations guide.
Stephen J. Gauthier, GFOA’s Technical Services Center Director, commended Prince William County for the quality of the FY2014 Budget document, “This is an excellent work product…. The document is user-friendly and accomplishes the substantial work of communicating how the County is fiscally managed overall.”
“We are proud of the work that has gone into the development of our budget,” said Corey Stewart, Chairman of the Prince William Board of County Supervisors. “This document is the result of extensive citizen input gathered at community meetings and public hearings, as well as the hard work and dedication of county staff and the Board of County Supervisors. It’s an honor to receive such high praise from external evaluators about Prince William County Government’s work product. ”