LCG Receives Sixth Prestigious Budget Award
Dec 09, 2019 12:33PM
● By Press Release
The Government Finance Officers Association (GFOA) for the sixth year in a row has awarded Lafayette Consolidated Government (LCG) with the GFOA’s Distinguished Budget Presentation Award for its budget.
The award represents a significant achievement by LCG. 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, LCG 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 Lorrie R. Toups, CPA, Chief Financial Officer.
Upon notification of the honor, Lafayette Mayor-President Joel Robideaux praised LCG’s Chief Financial Officer Lorrie Toups for her leadership; “Receiving this award for the sixth year in a row speaks to the quality of work and excellence Lorrie and her team provide to the citizens of Lafayette. We are fortunate to have such a dedicated and qualified staff.”
There are over 1,600 participants in the Budget Awards Program. LCG as well as the other 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.
Photo of Budget Award Presentation at City Council Meeting (Dec. 3)
From Left to Right: LaShonda Jordan, Melinda Felps, Joel Robideaux, Lorrie Toups, Kerney Simoneaux and Laura Grettner...