To receive this award, the County satisfied comprehensive guidelines set forth by the Government Finance Officers Association (GFOA) designed to assess how well the budget document fulfills four major purposes:
- The budget document should serve as a policy tool
- The budget should present a clear financial plan
- The budget should be a guide for the organization's operations
- The budget should serve as a communications medium
Oakland County has received this GFOA award for every multi-year budget submitted since the programï¿½s inception in 1984. At that time, Oakland County was the first Michigan community and the 11th in the nation to achieve this distinction.