National organization honors village of Downers Grove for budget presentation
DOWNERS GROVE – The village of Downers Grove received the Government Finance Officers Association (GFOA) Distinguished Budget Presentation award for the village's 2013 Municipal Budget document.
This is the fourth consecutive year that Village Finance Director Judy Buttny and staff have been honored with the achievement. The 2013 Municipal Budget satisfied national guidelines for effective budget presentations.
The guidelines are designed to assess how well an entity's budget serves as a policy document, a financial plan, an operations guide and a communications device. The village's budget was rated proficient in all four of these categories.
The GFOA is a non-profit professional organization with more than 17,000 members throughout North America. The award program encourages and assists state and local governments to prepare budget documents that reflect both the guidelines established by the National Advisory Council on State and Local Budgeting and the GFOA's recommended practices on budgeting.
Reports are evaluated and reviewed by members of the GFOA professional staff and by outside reviewers with experience in public-sector budgeting. Budget documents must be rated proficient in 14 mandatory criteria to receive the award.