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Ovilla Resident Recognized for Fiscal Effectiveness

Ovilla Resident Recognized for Fiscal Effectiveness

Ralph Hall, District Vice President of Administrative Services and CFO at Collin College (Nick Young, Collin College photographer)

Ralph Hall, District Vice President of Administrative Services and CFO at Collin College (Nick Young, Collin College photographer)

April 18, 2011 – The Government Finance Officers Association of the United States and Canada (GFOA) announced that Collin College received the Distinguished Budget Presentation Award for its budget.

Ralph Hall, a resident of Ovilla and district vice president of administrative services and CFO at Collin College, led the financial services team toward earning this coveted award.

The award represents a significant achievement by Collin College. It reflects the commitment of the governing body and staff to meet the highest principles of governmental budgeting. In order to receive the budget award, Collin College had to satisfy nationally-recognized guidelines for effective budget presentation.

“It is essential that we have productive budget strategies and fiscal effectiveness, especially during these economically challenging times,” District President Cary Israel said. “I appreciate the quality of leadership demonstrated by Ralph Hall and his team in ensuring fiscal integrity and vitality as we serve more than 51,000 students annually.”

The award supports Collin College’s dedication toward financial responsibility and transparency. For 13 straight years, Collin College has received the Certificate of Achievement for Excellence in Financial Reporting from the Government Finance Officers Association.

“The importance of a well-developed budget cannot be overstated,” said Hall, who has served the college for 25 years. “The budget operates as a control mechanism to match revenues to expenditures and prevent financial deficits. I am proud of my staff in establishing Collin College as a nationally-renowned fiscally-responsible institution.”

Eight recipients nationally were recognized along with Collin College, including the city of South San Francisco, the city of Winder in Georgia, Village of Beach Park in Illinois and the County of Jackson in Michigan.

The GFOAs Distinguished Budget Presentation Awards program is the only national awards program in governmental budgeting.

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Collin College serves more than 51,000 credit and continuing education students annually and offers more than 100 degree and certificate programs. The only public college in the county, Collin College is a partner to business, government and industry, providing customized training and workforce development.