News Flash

Village of Villa Park News

Posted on: December 4, 2017

Village achieves budgeting recognition award for 25th consecutive year

The Village of Villa Park has received the Government Finance Officers Association (GFOA) Distinguished Budget Presentation Award for its fiscal year 2017 annual budget. This is the 25th consecutive year that Villa Park has achieved this recognition.

According to GFOA, the award “…represents a significant achievement by the Village, and reflects the commitment of the governing body and staff to meeting the highest principles of governmental budgeting.”

The Certificate of Recognition for Budget Presentation was presented to Villa Park Finance Director Kevin Wachtel. “I commend Kevin and the Finance Department for their hard work in ensuring our budgeting process always runs smoothly and effectively,” says Villa Park Village President Al Bulthuis. “We are one of only 133 government entities in Illinois—out of over 7,000—to achieve this recognition annually.”

“Additionally, the Village annually receives GFOA’s Audit award. Only 110 Illinois governments won both awards this past year.”

In winning the awards, the Village had to satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess how well an entity's budget serves as a policy document, financial plan, operations guide, and communications device. Villa Park’s budget documents were rated “proficient” in all four of these categories, and within fourteen mandatory criteria within the categories.

There are over 1,600 participants in GFOA’s Budget Awards Program. The most recent Budget Award recipients, along  with  their  corresponding  budget  documents,  are  posted  quarterly at GFOA notes that “…award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.”

Facebook Twitter Email

Other News in Village of Villa Park News

Instructions for Xpress Bill Pay

Switch to Xpress Bill Pay

Posted on: August 3, 2020
Nicor Map

Nicor Gas Constructing New Gas Mains

Posted on: January 17, 2019

Snow and Ice Control

Posted on: February 8, 2018

ComEd warns customers of utility scams

Posted on: February 7, 2018

Door-to-door sales in Villa Park

Posted on: February 5, 2018

Young Hearts for Life

Posted on: January 17, 2018
Metra Parking Graphic

Metra Commuter Parking Reminders

Posted on: November 8, 2017

Drug Take Back Program

Posted on: October 26, 2017

2017 Street Improvement Project

Posted on: September 21, 2017

Villa Park Fire Department Opens Bids

Posted on: September 8, 2017
Villa Park Village logo

Villa Park Seeks Commissioners

Posted on: November 15, 2016

Be a Part of Villa Park's Community Garden

Posted on: November 28, 2016

ComEd Warns Customers of Scams

Posted on: February 29, 2016
Zika mosquito info

Understanding Zika Virus

Posted on: June 1, 2016

ComEd Reminds Customers to Beware of Scams

Posted on: November 11, 2015