DuPage Airport Authority (DAA) has garnered a national recognition for its 2018 budget.
Government Finance Officers Association (GFOA) recently honored DAA with a Distinguished Budget Presentation Award, representing the highest form of recognition in governmental budgeting.
GFOA is a national professional association focused on advancing excellence in state and local government financial management.
“We are honored the national GFOA organization has chosen to recognize our budget planning and transparency,” said Stephen Davis, chairman of the DAA. “DAA operates as a fiscally responsible organization, enabling us to continuously expand and innovate our first-class service customers have come to expect across each of our three business operations: the DuPage Airport, DuPage Business Center and Prairie Landing Golf Club.”
DuPage County Board Chairman Dan Cronin introduced a resolution at a recent board meeting honoring and recognizing DAA for this prestigious accomplishment.
“DuPage Airport Authority is an internationally recognized airport and aviation facility serving all general aviation users,” said Chairman Cronin. “We are proud of the Authority’s prudent fiscal management and congratulate them on this well-deserved honor.”
According to the GFOA, DAA had to satisfy several nationally recognized guidelines for effective budget presentation in order to receive the award. These guidelines are designed to assess how well an entity’s current budget serves as a policy document, financial plan, operations guide and communications device. Budget documents must be rated “proficient” in all four categories, as well as in the 14 mandatory criteria to receive the award.
