GFOA is a leader in developing, communicating, and encouraging best practice implementation in budgeting and financial planning. GFOA's most recent project is to enhance the existing Distinguished Budget Presentation Award for community colleges and school districts. The Best Practices in Community College Budgeting were created as a result of this project with the help of some of the best minds in the field. The new best practices advocate for resource alignment to student outcomes, as well as criteria by which colleges can demonstrate budget process excellence.
GFOA developed award criteria for the Best Practices in Community College Budgeting that will allow community colleges to demonstrate process excellence and receive the recognition they deserve. Based on the lessons learned from the community colleges that piloted the process, GFOA finalized and developed the criteria, incorporating them into the Award for Best Practices in Community College program. Submission to the new award programs will be available for budgets with fiscal years beginning in calendar year 2017.
NOTE: Submissions that only include the award application and a budget document/presentation are unlikely to have sufficient information to meet the required criteria for the Award for Best Practices in Community College Budgeting. The award program requires ‘Supplementary Materials’ to demonstrate a number of the criteria, which could include items such as a strategic plan, strategic financial plan, performance measurement examples, other working papers, etc. Please take this into consideration when deciding whether or not to pursue this award and completing your organization’s application.
Information for participants and potential participants:
- Eligibility Requirements
- How to Submit for the Community College Budgeting Award Program
- Application Form
- Judging Process
- Applicant and Judge's Guide
- Requests for an extension of the submission deadline
Vote Page and Explanation of Criteria:
Best Practices in Community College Budgeting: