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Home My WebLink About01. Receive the Government Finance Officers Association Distinguished Budget Presentioin Award for Fiscal Year (FY) 2023-24Page 1 of 9 Item 1. LICENTRAL SAN May 2, 2024 FROM: KEVIN MIZUNO, FINANCE MANAGER REVIEWED BY: PHILIP LEIBER, DEPUTYGENERAL MANAGER -ADMINISTRATION ROGER S. BAILEY, GENERAL MANAGER SUBJECT: RECEIVE THE GOVERNMENT FINANCE OFFICERS ASSOCIATION DISTINGUISHED BUDGET PRESENTATION AWARD FOR FISCAL YEAR (FY) 2023-24 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, 2024 (FY 2023-24) for review by the award program deadline. Ina November 2023 press release of the GFOA, it was announced that Central San was awarded the Distinguished Budget Presentation Award for the FY 2023-24 Budget, which represents the sixth 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 2024-25) to the GFOA within 90 days of the budget's final adoption. I nitial work on the FY 2024-25 budget commenced in January 2024, and Finance staff fully intend to submit an application for the award again. Strategic Plan re -In GOAL ONE: Customer and Community Strategy 1— Deliver high -quality customer service GOAL FOUR: Governance and Fiscal Responsibility Strategy 1 - Promote and uphold ethical behavior, openness, and accessibility May 2, 2024 Regular Board Meeting Agenda Packet - Page 4 of 55 Page 2 of 9 ATTACHMENTS: 1. GFOA Press Release 2. GFOA Distinguished Budget Presentation Award 3. Presentation May 2, 2024 Regular Board Meeting Agenda Packet - Page 5 of 55 Page 3 of 9 GOVERNMENT FINANCE OFFICERS ASSOCIATION NETS RELEASE FOR IMMEDIATE RELEASE 11/14/2023 For more information, contact: Technical Services Center Phone: (312) 977-9700 Email: budgetaward@gfoa.org Attachment 1 (Chicago, Illinois) —Government Finance Officers Association is pleased to announce that Central Contra Costa Sanitary District, California 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. 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 governmentfinance byproviding best practices, professional development, resources, and practical research for more than 22,500 members and the communities they serve. 203 NORTH LASALLE STREET, SUITE 2700, CHICAGO, ILLINOIS 60601-1210 May 2, 2024 Regular Board Meeting Agenda Packet - Page 6 of 55 Page 4 of 9 Attachment 2 GOVERNMENT FINANCE OFFICERS ASSOCIATION Distinguished Budget Presentation PRESENTED TO Central Contra Costa Sanitary District California For the Fiscal Year Beginning July 01, 2023 Executive Director May 2, 2024 Regular Board Meeting Agenda Packet - Page 7 of 55 Page 5 of 9 Attachment 3 May 2, 2024 Regular Board Meeting Agenda Packet - Page 8 of 55 Page 6 of 9 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 oYgovernmental 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 3 The Award Established in 1984 to encourage and assist state and local governments to prepare budget documents of the very highest quality. Budget documents should reflect both the guidelines established by the National 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 1,700 governments, including states, cities, counties, special districts, school districts, and more have been recognized for transparency in budgeting. 4 NEW- y r rII;1 /<;• Distinguished k A u care! M7151 ; In Y May 2, 2024 Regular Board Meeting Agenda Packet - Page 9 of 55 2 Page 7 of 9 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. 5 Review Criteria Reviewers evaluate budget according to 4 criteria categories G". I CENTRAL-$ W 9 May 2, 2024 Regular Board Meeting Agenda Packet - Page 10 of 55 3 Page 8 of 9 Continued Excellence 61h consecutive year receiving the 0 award GOVERNMENT RNANCE OFFICERS ASSOCWTION Intend to apply for award for FY 24- Distinguished 25 budget to be considered for Budget Presentation adoption June 2024 Award Continued staff training on best Central Contra Costa Sanitary District practices and new pronouncements Callfvmla Fn meFvnl Yv9e�®g issued by the GASB jwl 01.2a=3 District -wide collaborative effort p 7 Acknowledgements Sincere "thank you" to Central San's finance and budget teams for their contributions in assisting Management in compiling and delivering the budget book each year, especially: Diana Diaz (Provisional Accounting Supervisor) Philip Leiber (Deputy General Manager) Velisa Parks (Administrative Services Supervisor) Christina Gee (Management Analyst) Amal Lyon (Accountant) Tricia Cruz (Accountant) Thomas Brightbill (Senior Engineer) Geoff Michalczyk (Management Analyst) Rest of the dedicated "Budgeteers" I 'Aftw May 2, 2024 Regular Board Meeting Agenda Packet - Page 11 of 55 4 Page 9 of 9 May 2, 2024 Regular Board Meeting Agenda Packet - Page 12 of 55