NEWBURY – Town Administrator Tracy Blais is pleased to share that the Town of Newbury has received the Distinguished Budget Presentation Award from the Government Finance Officers Association (GFOA) for its Fiscal 2024 budget.
The award is a significant achievement in governmental accounting and financial reporting. The GFOA judges budgets on four criteria:
- As a policy document
- As a financial plan
- As a budget document
- As a communications device
This is the first year that the Town has been so honored. The award-winning budget may be found here.
“It is an honor to be recognized nationally for creating a transparent, easy-to-follow budget document,” Town Administrator Blais said. “Thank you to our recently retired Town Accountant Eileen DeVeau for her guidance and support. And thank you to our department managers for their hard work in developing timely budgets that reflect fiscal reality and the Town’s vision for success.”
The GFOA established the Certificate of Achievement for Excellence in Financial Reporting program in 1945 to encourage and assist state and local governments to prepare comprehensive financial reports that are transparent and offer full disclosure while recognizing individual governments that achieve this goal.
About the GFOA
The Government Finance Officers Association (GFOA), founded in 1906, represents public finance officials throughout the United States and Canada. The association’s more than 20,000 members are federal, state/provincial, and local finance officials deeply involved in planning, financing, and implementing thousands of governmental operations in each of their jurisdictions. GFOA’s mission is to advance excellence in public finance.
Discover more from John Guilfoil Public Relations
Subscribe to get the latest posts sent to your email.