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The original item was published from 11/6/2019 4:19:36 PM to 12/7/2019 12:00:02 AM.

News Flash

County News

Posted on: November 6, 2019

[ARCHIVED] Lake County is Once Again Recognized for Excellent Budget Practices

Lake County has once again received the “Distinguished Budget Presentation Award” from the Government Finance Officers Association (GFOA), a national organization dedicated to advancing excellence in government finance. Lake County has earned this award for at least 10 consecutive years, reflecting its commitment to meeting the highest principles of governmental budgeting.

In order to receive this honor, Lake County had to satisfy nationally recognized guidelines for effective budget presentation. The award is given to entities that effectively design their budget to serve as a policy document, financial plan, operations guide and a communications device. Lake County’s Finance Director Patrice Sutton also earned a Certificate of Recognition for her role in creating the budget presentation.

The Lake County Board has a strong track record of practicing fiscal responsibility. Lake County consistently has a balanced budget, and for more than 20 years has maintained an AAA credit rating – the highest rating possible—from both Moody’s and Standard & Poor’s.

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