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Posted on: January 2, 2019

GFOA Distinguished Budget Award

Radford Receives GFOA Distinguished Budget Presentation Award

Radford, Va. - The City of Radford has received the Government Finance Officers Association Distinguished Budget Presentation Award for FY 2019.  This is the eleventh year the City of Radford has received this award. 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.  Award recipients have pioneered efforts to improve the quality budgeting and provide an excellent example for other governments throughout North America. 

Congratulations to the City of Radford and the budget team for this great achievement.

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