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St. Louis County Receives Distinguished Budget Presentation Award

Categories: 2010 Press Releases | Author: SuperUser Account | Posted: 2/3/2011 | Views: 17989
 
<p><span style="font-size: medium">N E W S&#160;&#160; R E L E A S E</span></p> <p><span style="font-size: medium">August 25, 2010&#160;&#160;&#160;</span></p> <p><span style="font-size: medium">CONTACT:&#160;&#160;&#160; <br /> Linnea Betzler Mirsch, Deputy Administrator<br /> St. Louis County Courthouse<br /> 218-733-2747</span></p> <p><span style="font-size: medium">FOR IMMEDIATE RELEASE: &#160;&#160;&#160;</span></p> <p><span style="font-size: medium">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;<strong>St. Louis County Receives Distinguished Budget Presentation Award<br /> </strong>&#160;<br /> The St. Louis County Board of Commissioners is proud to announce that the Government Finance Officers Association of the United States and Canada (GFOA) has honored St. Louis County, MN with its GFOA Distinguished Budget Presentation Award for the county’s 2010-2011 Operating &amp; Capital Budget document.&#160; The award is the highest form of recognition for county budget documents and represents a significant achievement by St. Louis County. </span></p> <p><span style="font-size: medium">The award reflects the commitment of the elected governing body and staff in 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 a local government’s budget document serves as:<br /> 1.&#160;a policy document<br /> 2.&#160;a financial plan<br /> 3.&#160;an operations guide<br /> 4.&#160;a communications device<br /> <br /> Budget documents must be rated “proficient’ in all four categories, and the fourteen mandatory&#160;criteria found within each of these categories, to receive the award.<br /> &#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; <br /> Commissioner Keith Nelson, Chair of the Board’s Finance &amp; Budget Committee, noted, “This award is a significant demonstration of our efforts to implement financial and management best practices, as well as continue to provide accountable and transparent financial data to our citizens.” <br /> <br /> The county’s Operating &amp; Capital Budget is available electronically on the web at: </span><a href="http://www.stlouiscounty.org/budget"><span style="font-size: medium">www.stlouiscounty.org/budget</span></a><span style="font-size: medium">.</span></p> <p><span style="font-size: medium">The Government Finance Officers Association is a nonprofit professional association serving over 17,600 government finance professionals, throughout North America. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments. The GFOA Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting.&#160;&#160;</span></p> <p><span style="font-size: medium">&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160;&#160; # # #</span></p>

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