LCC's Finance Department receives National Award
January 30, 2017
LANSING, MICH. - The Government Finance Officers Association of the United States and Canada (GFOA) announced that Lansing Community College (LCC) has received the Distinguished Budget Presentation Award for its budget.
The award represents a significant achievement by the College and reflects the commitment of LCC employees to meeting the highest standards of governmental budgeting. This is the eighth year in a row the College has received the award.
"This internationally benchmarked recognition serves as a continuous mark of excellence for the highly skilled and talented professionals here at the College," said Dr. Lisa Webb Sharpe, LCC's senior vice president of finance, administration and advancement. "We are extremely proud of our team, and are equally grateful for the work they do on behalf of our students and employees."
In order to receive the award, LCC had to satisfy nationally recognized guidelines. These guidelines are designed to assess how well the College's budget serves as:
- A policy document
- A financial plan
- An operations guide
- A communication device
Budget documents must be rated "proficient" in all four categories and the fourteen mandatory criteria within those categories to receive the award.
In a letter to President Brent Knight, GFOA's Stephen J. Gauthier wrote that: "Through your example, we hope that other entities will be encouraged to achieve excellence in budgeting."
The GFOA is a nonprofit professional association that offers benchmarking and independent analysis of public accounting practices and financial reporting. For more information about GFOA, please visit gfoa.org.
LCC’s financial information, including the Budget Presentation and Annual Financial Reports, can be found at lcc.edu/finservices/.
About Lansing Community College
Lansing Community College is Michigan's third largest community college with nearly 15,000 students attending each year. LCC offers courses in general education for those interested in transferring to a university, career and workforce development, developmental education and personal enrichment. To meet the professional development and training needs of regional employees, the college offers customized programs for credit, non-credit and continuing education. The University Center at LCC offers students the opportunity to earn bachelor's and master's degrees from six partner universities on the downtown LCC campus. For more information, visit lcc.edu.