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Waubonsee Receives Distinguished Budget Presentation Award
Waubonsee Community College has been nationally recognized for its financial reporting and budget presentation practices.
For the second consecutive year, the Government Finance Officers Association of the United States and Canada (GFOA) awarded Waubonsee its Distinguished Budget Presentation Award.
The award recognizes the college’s 2013 budget and financial reports.
The award represents a significant achievement by the college, reflecting the commitment of Waubonsee and its staff to meet the highest principles of governmental budgeting and financial reporting.
To receive the Distinguished Budget Presentation Award, Waubonsee was required to satisfy nationally recognized budget presentation guidelines, designed to assess how effectively the budget serves as a policy document, financial plan, operations guide and communications device.
Those four categories include 14 mandatory criteria.
Twenty-eight community colleges nationwide, including 12 other community colleges in Illinois, received the GFOA Distinguished Budget Presentation Award.
The GFOA, with offices in Chicago and Washington, D.C., is a non-profit professional association serving more than 17,000 government finance professionals.