Wellington, CO — For the first time in its history, the Town of Wellington has earned the Government Finance Officers Association’s Distinguished Budget Presentation Award.
The award, which the town earned for the Fiscal Year 2024 budget, recognizes excellence in budget planning and communication and is awarded to state and local governments across the country.
“The award represents a significant achievement by the entity,” states a news release from the GFOA. “It reflects the commitment of the governing body and staff to meeting the highest principles of governmental budgeting.”
To earn the award, the town had to meet nationally recognized guidelines for an effective budget presentation designed to assess how well a budget serves as a policy document, a financial plan, an operations guide, and a communication device. Budget documents had to receive a “proficient” rating in those four categories and in fourteen mandatory criteria within those categories to qualify for the award.
When a municipality wins the Distinguished Budget Presentation Award, a Certificate of Recognition for Budget Presentation is also presented to the person or department primarily responsible for that achievement. At Tuesday night’s regular meeting of the Wellington Board of Trustees, Mayor Calar Chaussee presented that certificate to Deputy Town Administrator Kelly Houghteling, who, as Chaussee put it, “spearheaded this project, educated herself on the criteria needed to receive the award, and created the document for submission.”
“This is the gold standard for municipal budgets — the gold standard nationwide,” Trustee Ed Cannon said about the award after the presentation. “It says that we care enough as a community to want the very best, to be able to communicate that to the community. It shows everybody, not only how government finance works, but how we care for government finance.”
The 2024 budget document is available on the Town’s website at: wellingtoncolorado.gov. The budgeting process for Fiscal Year 2025 gets underway later this year. Town staff will present a proposed budget to the Board of Trustees in early autumn.
“Receiving this award reflects the collective commitment of our entire team, from the governing body to every staff member involved in the budgeting process,” Houghteling said. “It’s an honor to be recognized for our efforts in upholding the highest standards of governmental budgeting, and it demonstrates our commitment to continuous improvement and transparency.”
The Distinguished Budget Presentation Awards Program was established in 1984 to encourage and assist state and local governments to prepare budget documents reflecting the guidelines
established by the National Advisory Council on State and Local Budgeting and the GFOA’s best practices on budgeting and then to recognize the governments that achieve that goal. There are more than 1,700 participants in the program across the country.
More information on the award, as well as the GFOA, is available at
https://www.gfoa.org/budget-award.