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 school districts and community colleges. Through this project and with the help of some of the best minds in the field, GFOA developed best practices for resource alignment to student outcomes, as well as criteria by which districts and colleges can demonstrate budget process excellence. GFOA continues to observe the outputs in practice through a number of pilot projects in order to test the best practices and award criteria and most recently formed the Alliance for Excellence in School Budgeting for school districts.
As part of this project, GFOA has developed award criteria that will allow school districts and community colleges to demonstrate process excellence and receive the recognition they deserve. Based on the lessons learned from the Alliance and pilots, GFOA is in the process of finalizing the criteria and incorporating them into the Award for Best Practices in School Budgeting and Award for Best Practices in Community College programs. Submission to the new award programs will be available for budgets with fiscal years beginning in calendar year 2017.