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Borough wins budget award

Posted: March 28, 2013 - 8:25pm

The Kenai Peninsula Borough has received the “Distinguished Budget Presentation Award” for its budget from the Government Finance Officers Association of the United States and Canada, the borough announced Thursday.

Borough Finance Director Craig Chapman accepted the award on the behalf of the finance department and the borough.

According to a press release, the borough had to satisfy nationally-recognized guidelines designed to assess how well the borough’s budget serves as a policy document, financial plan, operations guide and communication device. Budget documents must be rated proficient in four categories and the fourteen criteria within those categories to receive the award.

The borough was one of 1,328 entities to receive the honor.

“The borough is a long-time recipient of this prestigious award, which illustrates the KPB’s professional approach and diligent work that Mr. Chapman and the finance department staff have dedicated to the successful management of the budgetary process,” Borough Mayor Mike Navarre said in the release.

— Staff report

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