University of Illinois at Chicago (UIC) students had the opportunity to evaluate a Warrenville budget document involving suburban communities on April 29, to determine how well the budgets met the criteria of the Government Finance Officers Association’s (GFOA) Distinguished Budget Presentation Award Program.
UIC students Matt Montez, Natalie Shane and Rachel Wagner worked with Senior Accountant Leo Beltran to gather information and review the financial documents.
The students' final presentation was made to their class and included recommendations for improvements in the city’s budget document in order to qualify for the award. Based on their review, the city had met, or partially met, many of the requirements but needed to include more information regarding budgeting, debt obligations and personnel.
The GFOA represents public finance officials throughout the U.S. and Canada. Its mission is to enhance and promote the professional management of governmental financial resources by identifying, developing and advancing fiscal strategies, policies and practices for the public benefit.
Visiting the graduate class of Professor Rebecca Hendrick, director of Ph.D. graduate studies for the department of public administration at UIC, was Warrenville Finance Director Kevin Dahlstrand and Assistant City Administrator Jennifer McMahon.
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