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GOVERNMENT FINANCE <br /> OFFICERS ASSOCIATION <br /> <br />203 North LaSalle Street, Suite 2700, Chicago, Illinois 60601-1210 <br /> 312/977-9700 · Fax: 312/977-4806 <br /> <br />April 1, 2002 <br /> <br />PRESS RELEASE <br /> For Further Information Contact <br /> Stephen J. Gauthier (312) 977-9700 <br /> <br />Chicago--The Govemment Finance Officers Association of the United States and Canada <br />(GFOA) is pleased to announce that Cabarrus County 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 <br />of the goveming body and staff to meeting the highest principles of governmental <br />budgeting. In order to receive the budget award, the entity had to satisfy nationally <br />recognized guidelines for effective budget presentation. These guidelines are designed to <br />assess how well an entity's budget serves as: <br /> <br />· a policy document <br />· a financial plan <br />· an operations guide <br />· a communications 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 <br />designated as being primarily responsible for its having achieved the award. This has <br />been presented to Cathie Keller Straub, Budget Officer. <br /> <br />Since the inception of the GFOA's Distinguished Budget Presentation Awards Program <br />in 1984, approximately 900 entities have received the Award. Award recipients have <br />pioneered efforts to improve the quality of budgeting and provide an excellent example <br />for other governments throughout North America. <br /> <br />The Government Finance Officers Association is a nonprofit professional association <br />serving 14,000 govemment 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 /> WASHINGTON OFFICE <br /> <br />1750 K Street, N.W., Suite 350, Washington, DC 20006 <br />202/429-2750 · Fax: 202/429-2755 <br /> <br /> <br />