GFR: December 2025
Leading the Way
The 2025 Award for Excellence winners demonstrate financial leadership, resilience, risk management, and long-term planning on their journey to deliver results for the community.
Read Full Issue Online
The full issue of the December 2025 Government Finance Review is available to read electronically. Individual articles are available for download below.
All 2025 Awards for Excellence Winners
GFOA’s Awards for Excellence in Government Finance recognize innovative programs that offer creative solutions to common challenges and showcase GFOA best practices at work.
ERP Systems and Technology
Two Paths, One Trajectory
Cecilia Simchak’s GFOA Journey by Adam Powell.
Rethinking Budgeting
Rethinking Budgeting in Action
Program Budgeting in Orange County, Virginia by Katie Ludwig and Manuela Sasot.
Budgeting and Forecasting
Rethinking Municipal Finance
A Conversation with Michel Durand-Wood by Tallulah Burr and Tochi Madueke.
Getting to Know Our GFOA Members
A snapshot of GFOA’s growing membership and the challenges shaping public finance today.
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10 Steps to Modernize and More Effectively Communicate Your Budget
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Rewind: An Award-Winner from 1995
Looking back at another award-winner, thirty years later.
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Publisher: Chris Morrill
Editor in Chief: Michael J. Mucha
Managing Editor: Marcy Boggs
Submissions: Please contact Marcy Boggs
Advertising: Please contact Travis Yaga