20130621 PR- GFOA's Distinguished Budget Presentation Award 2013G Government Finance Officers Association
203 North LaSalle Street, Suite 2700
Chicago, Illinois 60601-1210
312.977.9700 fax: 312.977.4806
May 21, 2013
PRE5S RELEASE
For Fw•ther Information Contact
Stephen J. Gauthier(312)977-9700
Chicago --The Government Finance Officers Association of the United States and Canada (GFOA)
is pleased to announce that Village of Oak Brook, Minois has received the GFOA's Distinguished
Budget Presentation Award for its budget.
The award represents a significant achievement by the entity. It reflects the commitment of the
governing body and staff to 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 an entity's budget serves as:
■ a policy document
■ a financial plan
■ an operations guide
■ a communications device
Budget documents must be rated "proficient" in all four categories, and the fourteen mandatory
criteria within those categories, to receive the award.
When a Distinguished Budget Presentation Award is granted to an
entity, a Certificate of Recognition
for Budget Presentation is also presented to the individual or department designated as being
primarily responsible for its having achieved the award. This has been presented to Sharon Dangles,
btinance Director.
For budgets including fiscal period 2012, over 1,340 entities are expected to received the Award.
Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent
example for other governments throughout North America,
The Government Finance Officers Association is a nonprofit professional as
sociation serving over
17,800 government finance professionals throughout North America. The GFOA's Distinguished
Budget Presentation Awards Program is the only national awards program in governmental
budgeting.
Washington, DC Office
1301 Pennsylvania Avenue, N. W.,Suitc 309 •Washington, DC 20004 202.393.8020 •fax: 202.393.0780
www.gfoa.org