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Friday, November 8, 2024

Concord, NC Receives GFOA Distinguished Budget Award for 20th Consecutive Year

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William C. "Bill" Dusch | City of Concord website

William C. "Bill" Dusch | City of Concord website

The City of Concord, North Carolina, has been honored with the Government Finance Officers Association's Distinguished Budget Presentation Award for its budget for the Fiscal Year 2021-2022. This prestigious recognition marks the 20th consecutive year that Concord has received this esteemed award.

According to the Government Finance Officers Association, the award signifies a significant accomplishment by the City of Concord, demonstrating its dedication to upholding the highest standards of governmental budgeting. The criteria for the award evaluate the budget's effectiveness as a policy document, financial plan, operations guide, and communications device.

Highlighting the City's consistent commitment to excellence, the announcement stated, "Receiving the award for the Fiscal Year 2021-2022 marks the 20th consecutive year the City has received this award."

With over 1,700 participants in the Budget Awards Program, Concord's recognition further underscores its exemplary budgeting practices. The Finance Department of the City was specifically acknowledged for its role in achieving this prestigious award.

The Government Finance Officers Association commended award recipients like the City of Concord for their efforts in enhancing budgeting quality, setting a commendable example for other governments across North America. The association, with more than 21,000 members, aims to promote excellence in government finance through best practices, professional development, and practical research.

Budget documents from the most recent award recipients, including Concord, are made available on GFOA's website, showcasing the innovative approaches taken to improve budgeting practices and inspire other governmental bodies to strive for excellence.

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