Association honors 18 Tennessee governments for budget work

Wednesday, January 5, 2011 at 2:10pm
Staff reports

The Chicago-based Government Finance Officers Association has recognized the State of Tennessee and 17 of its local governments, including that of Davidson County, for outstanding work in preparing their respective budgets for fiscal year 2009, the Tennessee Comptroller of the Treasury announced Wednesday.

Of note, Davidson County is joined by only two other Middle Tennessee municipalities — those of the cities of Brentwood and Franklin — among the 17.

Each Tennessee governmental entity will receive the GFOA’s Distinguished Budget Award, established in 1984 and given annually to state and local governments that prepare the highest quality budget documents that meet the guidelines established by the National Advisory Council on State and Local Budgeting and conform to the GFOA’s best practices.

In addition to the state government, six Tennessee counties and 11 Tennessee cities are recognized.

The counties recognized are Bradley, Hamilton, Knox, Davidson, Shelby and Weakley.

The cities recognized are Bartlett, Brentwood, Chattanooga, Cleveland, Collierville, Franklin, Germantown, Kingsport, Knoxville, Memphis and Oak Ridge.

 

5 Comments on this post:

By: JeffF on 1/5/11 at 2:26

More importantly Davidson won an award for distinguished CAFR. The budget is a document of fluff and sales pitches. The CAFR is where the daylight hits the truth.

By: govskeptic on 1/5/11 at 3:22

I'm a little surprised that both Brentwood & Franklin would win this
award, but not Williamson County. Maybe that's why the County
Mayor was not re-elected in the past election?

By: JeffF on 1/5/11 at 4:58

Not every government is a member of GFOA and among those that do, very few participate in the certification programs.

These are not awards for the management of the financial health of the government body. These awards are based entirely on the governments' strict focus on the layout of the budget and the CAFR documents. Governments that are declining in health still win these awards as long as the keep up with the documentation requirements.

Elected officials are not the ones being honored by these programs, these are for the professional managers who know what they are doing, not the political hacks who often times become the bosses with very little actual experience or skills. Trust me, this was not won by Riebling or even his predecessor.

I recommend that everyone read the state's and Metro's CAFR reports on their web sites. They are incredibly informative documents that layout in detail what their organizations are doing and what they are charged with. These are the only places where you will see the off-budget-enterprises be reported along with the general government entity. And the rules require management to be truthful to the point of pain in the Management Discussion & Analysis section where many of the raw, audited numbers are put in layman's terms and truthful projections are mandated.

By: JeffF on 1/5/11 at 5:08

The main reason why governments do not participate in the CAFR program is because of management's reluctance to prepare an Management Discussion & Analysis that would fulfill the openness requirements of the GFOA. On the other hand, some do it anyway knowing that the overwhelming majority of residents, stakeholders, and the media will never read the boring CAFR, They distract with the unaudited budget document and tell the harsh realities in the CAFR (which is audited).

By: billyraydallas on 1/6/11 at 7:50

Govskeptic needs to double check the facts: Williamson County Mayor Rogers Anderson ran unopposed and was re-elected this past August.