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Government Finance Officers Association <br />203 North LaSalle Street, Suite 2700 <br />Chmago, Illinoxs 60601 - 1210 <br />312.977.9700 fax. 312.977.4806 <br /> <br />December 8, 2003 <br /> <br />PRESS RELEASE <br /> For Further Information Contact <br /> Stephen J. Gauthier (312) 977-9700 <br /> <br />Chicago--The Government Finance Officers Association of the United States and Canada (GFOA) <br />is pleased to announce that Cabarrus Count~, North Carolina has received the GFOA's <br />Distinguished Budget Presentation Award for its budget. <br /> <br />The award represents a significant achievement by the entity. It reflects the commitment of the <br />governing body and staff to meeting the highest principles of governmental budgeting. In order to <br />receive the budget award, the entity had to satisfy nationally recognized guidelines for effective <br />budget presentation. These guidelines are designed to assess how well an entity's budget serves as: <br /> <br />· a policy document <br />· a financial plan <br />· an operations guide <br />· a commuhications device <br /> <br />Budget documents must be rated "proficient" in all four categories to receive the award. <br /> <br />When a Distinguished Budget Presentation Award is granted to an entity, a Certificate of <br />Recognition for Budget Presentation is also presented to the individual or department designated as <br />being primarily responsible for its having achieved the award. This has been presented to Cathie <br />Keller Straub, Budget Officer. <br /> <br />Since the inception of the GFOA's Distinguished Budget Presentation Awards Program in 1984, <br />approximately 900 entities have received the Award. Award recipients have pioneered efforts to <br />improve the quality of budgeting and provide an excellent example for other governments <br />throughout North America. <br /> <br />The Govemment Finance Officers Association is a nonprofit professional association <br />serving 14,000 government finance professionals throughout North America. The <br />GFOA's Distinguished Budget Presentation Awards Program is the only national awards <br />program in governmental budgeting. <br /> <br />www gfoa.org <br /> <br /> <br />