Wednesday August 28, 2019

County budget earns national recognition

The Government Finance Officers Association (GFOA) recently announced that Cabarrus County is a GFOA's Distinguished Budget Presentation Award recipient for the Fiscal Year (FY) 2019 budget.

This is the 21st consecutive year the County has received the recognition.

The award represents a significant achievement by the County. It reflects the commitment of the governing body and staff to meet the highest principles of governmental budgeting.

To receive the award, the County’s budget documents had to meet proficiency in four nationally recognized categories, and in the fourteen mandatory criteria within those categories. The assessment measures how well an entity's budget serves as a:

  • Policy document
  • Financial plan
  • Operations guide
  • Communications device

In recognition of the Distinguished Budget Presentation Award, GFOA granted the Cabarrus County Budget Office with a Certificate of Recognition for Budget Presentation.

County Manager Mike Downs will present his FY2020 budget at the May 20 Board of Commissioners Regular Meeting at 6:30 p.m. in the meeting chambers of the Government Center (65 Church Street S, Concord). A public hearing on the budget is scheduled to take place at the June 17 regular meeting at 6:30 p.m.

Residents interested in learning more about the County’s budget process are encouraged to participate in the County’s Government 101: FY20 Budget Breakdown workshop on June 14 from 9 a.m. to 2:30 p.m. The day includes interactive discussions about budget highlights, panels, activities and demonstrations that guide residents through the County’s fiscal plan for the coming year. For more information or to register, email outreach@cabarruscounty.us or call 704-920-2336.

About the GFOA Budget Awards Program

There are more than 1,600 participants in the Budget Awards Program. The most recent recipients, along with their corresponding budget documents, are posted quarterly on GFOA's website. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.

Government Finance Officers Association is a major professional association servicing the needs of more than 19,000 appointed and elected local, state, and provincial-level government officials and other finance practitioners. It provides top quality publications, training programs, services, and products designed to enhance the skills and performance of those responsible for government finance policy and management.

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