LTC Recognized for Excellence in Governmental Budgeting

FOR IMMEDIATE RELEASE

1/30/2014

CLEVELAND, WI – 

Lakeshore Technical College has been awarded the Distinguished Budget Presentation Award by the Government Finance Officers Association of the United States and Canada (GFOA) for the fifteenth consecutive year. 

In order to receive the budget award, LTC 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, a financial plan, an operations guide and a communications device.  Budget documents also had to be rated “proficient” in all four categories, and the fourteen mandatory criteria within those categories, to receive the award.

The College earned the recognition for its current budget which was prepared by the Financial Services department at LTC.

“This award recognizes LTC’s accountability and responsibility to the taxpayers in our district” said LTC President Mike Lanser. 

The Distinguished Budget Presentation Award is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management to improve the quality of budgeting and provide an excellent example for other governments throughout North America. 

The Government Finance Officers Association is a nonprofit professional association serving over 17,800 government finance professionals throughout North America.  The GFOA’s Distinguished Budget Presentation Awards Program is the only national awards program in governmental budgeting. 

About Lakeshore Technical College

Each year more than 11,000 people enroll in courses at Lakeshore Technical College. They rely on LTC for job preparation, to earn a degree, upgrade a specialized skill, train as an apprentice, or seek a high school equivalency. LTC faculty and staff meet students where they are in life and help them get one step closer to achieving their goals.

Close to 1,000 students graduate from LTC each year, and LTC’s associate degree graduates earn an average starting salary of $45,000 per year. In addition to the Cleveland campus, LTC serves students in Manitowoc and Sheboygan, and offers classes at four sites throughout the district. Visit LTC at gotoltc.edu.

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