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Mount Pleasant Waterworks Receives Distinguished Budget Presentation and Outstanding Policy Document Award

May 12, 2014

NEWS

For more information contact:

Dionna Ebeling, 375-5462

Nicole Bates, 388-1152

 

Mount Pleasant Waterworks Receives Distinguished Budget Presentation and Outstanding Policy Document Award

 

Mount Pleasant, S.C.  - - May 12, 2014 - - The Government Finance Officers Association of the United States and Canada (GFOA) announced that Mount Pleasant Waterworks (MPW) received the GFOA’s Distinguished Budget Presentation Award for its Annual Business Plan and Budget Document.  This is the fifth consecutive year that Mount Pleasant Waterworks has received this award. In additional to receiving this award, MPW’s budget document also received special recognition as an Outstanding Policy Document.

The award represents a significant achievement by MPW.  It reflects the commitment of the Commissioners and staff to meeting the highest principles of governmental budgeting.  In order to receive the budget award, MPW had to satisfy nationally recognized guidelines for an 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.

When a Distinguished Budget Presentation Award is granted to an entity, a Certificate of Recognition for Budget Presentation is also presented to the individual or department designated as being primarily responsible for its having achieved the award.  This has been presented to the Financial Services Department.

For budgets including fiscal period 2013, over 1,340 entities received the Award.  Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.

The Government Finance Officers Association is a nonprofit professional association serving nearly 17,400 government finance professionals throughout North America.  The GFOA’s Distinguished Budget Presentation Awards program is the only national awards program in governmental budgeting.

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