Budget Honor For Spotsylvania County

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(Spotsylvania)- From Spotsylvania County:

Spotsylvania joins Leesburg and Prince William County as being the only Virginia localities recognized for outstanding work in the capital projects category of their budgets. Based on examination of the county’s FY 2018 budget document by a panel of independent reviewers, the county has been awarded the Distinguished Budget Presentation Award by the Government Finance Officers Association (GFOA). This award is the highest form of recognition in governmental budgeting.

In order to receive the award, the county’s budget document had to satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess how well the budget document serves as a policy document; financial plan; operations guide; and communications device. Budget documents must be rated “proficient” in all four categories and in the 14 mandatory criteria within those categories to receive the award.

This is the 22nd year the county’s budget has been awarded the GFOA’s Distinguished Budget Presentation Award, but is the first time the budget has received the Special Capital Recognition. Such special recognition is awarded when the capital projects portion of the budget document is rated “outstanding” by each member of the review panel. Last year, of the 1,623 governments in the United States and Canada that received the Distinguished Budget Presentation Award, only 13 (0.8%) achieved the Special Capital Recognition. The Spotsylvania Budget staff is pleased to join Leesburg and Prince William as the only Virginia localities to achieve this special recognition.