Chesterfield Receives National Recognition on Budgeting

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Posted by Jackson Revere

Chesterfield County has recently been honored by the Government Finance Officers Association with the Distinguished Budget Presentation award for the county’s budget. This is the 33rdconsecutive time the county has won this award.

 

The Distinguished Budget Presentation Award, which was presented to the county’s Budget and Management Department, reflects the commitment of the county’s Board of Supervisors and county staff to meeting the highest principles of governmental budgeting.

 

“I’m extremely proud of our team for this huge accomplishment,” said Meghan Coates, director of the budget and management department. “Each year, our staff makes improvements to our budget document to make it a more meaningful tool for the community. This year, we were very excited to include a new section, All About the Base, which takes a deep dive into some of our larger departments to clearly delineate how they utilize the resources they are given and how those programs impact our residents.”

 

To receive the award, the county’s budget had to satisfy nationally-recognized guidelines for effective budget presentation, including how well the county’s budget serves as a policy document, a financial plan, an operations guide and a communications device.

 

Chesterfield County carries an AAA bond rating from each of the nation’s top three rating agencies, including Standard & Poor’s, Moody’s Investor Services and Fitch Ratings.

 

Have a question about the county’s budget or the budget process? Stay engaged throughout the year by visiting blueprint.chesterfield.gov or send your questions and comments to blueprint@chesterfield.gov. Staff is also happy to speak to your group about the budget by making a request through the county’s Speakers Bureau.

 
 
 
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