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History

'Developing Governmental and Financial Leaders'         

Virginia Government Finance Officers' Association’s mission is “…to foster financial excellence in government by creating opportunities for professional development.”  

In the fall of 1967, E. T. Pettigrew, Jr., Director of Finance, Lynchburg, was appointed State Chairman, Government Finance Officers' Association of the United States and Canada. After his appointment to this post, he was requested to proceed with plans to organize the Virginia Municipal Finance Officers' Association. On Friday, January 12, 1968, a meeting was held in Richmond at which time the Virginia Municipal Finance Officers' Association was organized. Those in attendance at this meeting were: E. T. Pettigrew, Jr., Director of Finance Lynchburg; and R. T. Fary, Jr., Director of Finance, Richmond. Others who were invited to attend were unable to do so; however, their input was valuable in the establishment of the organization.

Plans were made for the first conference, which was held April 18-19, 1968, at the Executive Motor Hotel, Richmond, at which time the Association was officially organized. The meeting was a big success. There were 55 finance officers and 11 guests in attendance. The By-Laws adopted by the membership included the purpose of the organization as follows:

"The purpose and objectives of this association shall be to promote the improvement of methods of governmental finance and to extend the educational and professional activities of the members in the Commonwealth of Virginia as developed and recommended by the Government Finance Officers' Association of the United States and Canada, the National Committee on Governmental Accounting, and other recognized authorities in the field of municipal administration, which include the development of mutually understandable procedures of accounting, auditing, budgeting, and financial reporting; the encouragement of the use of common terminology, classification, and principles in regards to those subjects; the discussion and analysis of financial problems, the achievement of recruitment and training of qualified public officials and employees; the achievement of greater success in efficiency and service of government; the development of closer relationships and understanding among those concerned with public finance; and other objectives of mutual interest to public finance officers."

At the regular business meeting held on October 5, 1984, the members voted to change the name from Virginia Municipal Finance Officers' Association to Virginia Government Finance Officers' Association. It was felt that the new name was more representative of the membership.

The VGFOA continues to provide educational and professional development opportunities through conferences and Certificate Program courses.  We are also active in reviewing fiscal policy, either recommended or adopted by the Virginia General Assembly and at the national level as well as information from the Government Accounting Standards Board; the State Auditor's Office and other organizations that may impact the local government finance office to make position statements.  

The reward for our success can be attributed to those who efforts went toward organizing the Association and to those who strive to keep it moving forward.  We salute the service of our Past Presidents, and appreciate the past, current and future membership that provide an opportunity to learn and contribute to the profession through our committees.