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Home My WebLink About01. Receive Government Finance Officers Assoc. Distinguished Budget Award for FY 2021-22 Page 1 of 8 Item 1. CENTRALSAN jdf A- hom CENTRAL CONTRA COSTA SANITARY DISTRICT February 17, 2022 TO: HONORABLE BOARD OF DIRECTORS FROM: KEVIN MIZUNO, FINANCE MANAGER REVIEWED BY: PHILIP LEIBER, DIRECTOR OF FINANCE AND ADMINISTRATION ROGER S. BAILEY, GENERAL MANAGER SUBJECT: RECEIVE THE GOVERNMENT FINANCE OFFICERS ASSOCIATION DISTINGUISHED BUDGET PRESENTATION AWARD FOR FISCAL YEAR (FY) 2021-22 Each year, following the development and adoption of Central San's comprehensive budget document, the Finance Division submits an application and the budget book to the Government Finance Officers Association (GFOA) in an effort to earn the Distinguished Budget Presentation Award. Management's goal each year is that the submitted budget book meets the high standards of the GFOA's prestigious award program. Staff submitted the budget for the fiscal year ending June 30, 2022 (FY 2021-22)for review by the award program deadline. In a December 20, 2021 press release of the GFOA, it was announced that Central San was awarded the Distinguished Budget Presentation Award for the FY 2021-22 Budget, which represents the fourth consecutive year of achieving the award. The Distinguished Budget Presentation Award is the highest form of recognition in governmental budgeting, recognizing individual governments that succeed in producing budgets of the very highest quality, reflecting both the guidelines established by the National Advisory Council on State and Local Budgeting as well as the GFOA's best practices of budgeting. The award is valid for one year, and to continue participation in the program, it will be necessary for staff to submit the next annual budget document (for FY 2022-23)to the GFOA within 90 days of the budget's final adoption. I nitial work on the FY 2022-23 budget commenced in January 2022, and Finance staff fully intend to submit an application for the award again. Strategic Plan re-In GOAL ONE: Customer and Community Strategy 2—Maintain a positive reputation GOAL THREE: Fiscal Responsibility Strategy 2—Ensure integrity and transparency in financial management February 17, 2022 Regular Board Meeting Agenda Packet- Page 6 of 72 Page 2 of 8 ATTACHMENTS: 1. GFOA Press Release 2. GFOA Distinguished Budget Presentation Award 3. Presentation February 17, 2022 Regular Board Meeting Agenda Packet- Page 7 of 72 Page 3 of 8 Attachment 1 FOR IMMEDIATE RELEASE December 20, 2021 For more information, contact: Technical Services Center Phone: (312)977-9700 Fax: (312) 977-4806 E-mail: bud2etawards(w2foa.ors! (Chicago,Illinois)--Governrnent Finance Officers Association is pleased to announce that Central Contra Costa Sanitary District, California, 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 Finance Department. There are over 1,700 participants in the Budget Awards Program.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. Government Finance Officers Association (GFOA) advances excellence in government finance by providing best practices,professional development, resources and practical research for more than 21,000 members and the communities they serve. February 17, 2022 Regular Board Meeting Agenda Packet- Page 8 of 72 Page 4 of 8 Attachment 2 GOVERNMENT FINANCE OFFICERS ASSOCIATION Distinguished Budget Presentation Award PRESENTED TO Central Contra Costa Sanitary District California For the Fiscal Year Beginning July 01, 2021 CAACAU P /-tew� Executive Director February 17, 2022 Regular Board Meeting Agenda Packet- Page 9 of 72 Page 5 of 8 Attachment 3 p� DISTINGUISHED BUDGET PRESENTATION AWARD Philip Leiber, Director of Finance &Administration Kevin Mizuno, Finance Manager - February 17, 2022, Board Meeting 1 1 GOVERNMENT FINANCE OFFICERS ASSOCIATION (GFOA) • Founded in 1906 representing public finance officials throughout the United States and Canada • More than 20,000 members are federal, state/provincial, and local finance officials deeply involved in planning, financing & implementing thousands of governmental operations in each of their jurisdictions • GFONs mission is to advance excellence in public finance and is the known leader in the field • Provides best practice guidance, consulting, networking opportunities, publications, training and reward programs IZ 2 February 17, 2022 Regular Board Meeting Agenda Packet- Page 10 of 72 1 Page 6 of 8 Attachment 3 THE AWARD • Established in 1984 to encourage and assist state and local governments to prepare r budget documents of the very highest quality. �] • Budget documents should reflect both the Divinguisb d B guidelines established by the National Award Advisory Council on State and Local Budgeting and the GFOA's best practices of budgeting. • The Distinguished Budget Award recognizes individual governments that succeed in achieving this goal. • Over 1,600 governments, including states, cities, counties, special districts, school districts, and more have een recognized for transparency in budgeting. 3 ELIGIBILITY AND REVIEW PROCESS • To earn recognition, budget documents must meet program criteria and excel as a policy document, financial plan, operations guide, and communication tool • Submissions must be received within 90 days of date of adoption • Reports submitted are reviewed by three independent finance professionals who evaluate the document using 25 criteria developed by the Budget Awards Subcommittee of GFOA's Committee on Governmental Budgeting and Management. • A budget receives the award if it meets the criteria, 15 of which were mandatory. At least 2 of 3 reviewers must rate the document "proficient" or "outstanding" on all 4 overall categories and all mandatory criteria in order to receive the award. 4 February 17, 2022 Regular Board Meeting Agenda Packet- Page 11 of 72 2 Page 7 of 8 Attachment 3 REVIEW CRITERIA • Reviewers evaluate budget according to 4 categories Promote1. Policy Document 2. Financial Plan • Propose,identify,and clarify . policies distributionregarding . use Operationsof municipal resources 3. • Go beyond purely financial Device dimensions o deal with the Use narratives and simple functionof different parts of charts or graphs to convey employeeshe organization and number meaning to residents, f and level of ' s 5 CONTINUED EXCELLENCE G� 4th consecutive year receiving the award (1St application was for FY 18- �M � �� no. 19 budget) Distinguished Budget Presentation • Intend to apply for award for FY 22-23 Award budget to be adopted June 2022 Ce.ne«.a�.�o=,.S.o,..,yD,,,=,M • Continued staff training on best .fif' '' practices and new pronouncements PwAeTnIYw By®y issued by the GASB n .P District-wide collaborative effort ' 6 6 February 17, 2022 Regular Board Meeting Agenda Packet- Page 12 of 72 3 Page 8 of 8 Attachment 3 THANK YOU To all of Central San's finance and budget team for their contributions in assisting Management in compiling and delivering the budget book each year. Olivia Ruiz (Accounting Supervisor) Velisa Parks (Administrative Services Assistant) Christina Gee (Management Analyst) Amal Lyon (Accountant) Diana Diaz(Accountant) Thomas Brightbill (Senior Engineer) All of our dedicated "Budgeteers" 7 February 17, 2022 Regular Board Meeting Agenda Packet- Page 13 of 72 4