Franklin Co. Budget Receives National Recognition

CHICAGO, IL – Government Finance Officers Association (GFOA) is pleased to announce that the
County of Franklin, Virginia, has received 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 in 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(s) or department designated as being primarily responsible for having achieved the award. This
has been presented to Jackie Wagner, Finance/Budget Analyst.

There are over 1,700 participants in the Budget Awards Program among GFOA’s 22,500 members. The
most recent Budget Award recipients, along with their corresponding budget documents, are posted
quarterly on GFOA’s website. Award recipients have pioneered efforts to improve the quality of
budgeting and provide an excellent example for other governments throughout North America. “The
County has received this distinguished award now for 21 consecutive years— an accomplishment very
few other localities have achieved. On behalf of the Board of Supervisors, I would like to thank our
County Budget team