NEWBURY – For the third consecutive year, the Town of Newbury is being honored for excellence in accounting and financial reporting.
The Government Finance Officers Association (GFOA) recognized Newbury for the FY2026 Town Report and Budget, a comprehensive 267-page document that explains the foundation of the Town’s budget decisions.
The award is a significant achievement in governmental accounting and financial reporting, reflecting the commitment of a governing body and its staff to meeting the highest standards of governmental budgeting.
Awardees will have scored proficient in 14 categories based on the budget’s ability to serve as a policy document, financial plan, operations guide, and communications tool.
The FY2026 Town Report and Budget includes a general overview, guiding goals and objectives, and clear explanations of spending priorities and outcomes.
“This award reflects the hard work of our Financial Team, and the dedication of our Select Board, Finance Committee, and Capital Planning Committee in developing sound financial policies,” Town Administrator Tracy Blais said. “The budget presentation reflects meeting our residents’ expectations that we be open and transparent with their tax dollars.”
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.
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