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Salem Receives Eighth Distinguished Budget Presentation Award

Recognition from Government Finance Officers Association represents commitment to transparency, sound financial practices
Posted on: November 17, 2015 - 9:31am

Salem, MA – The City of Salem has received its eighth Distinguished Budget Presentation Award from the Government Finance Officers Association (GFOA), a nation-wide nonprofit organization. The award is the only national awards program for governmental budgets.

The Distinguished Budget Presentation Award from the GFOA reflects the City’s commitment to meeting the highest principles of governmental budgeting. In order to receive the award, the City had to meet nationally recognized guidelines for an effective budget presentation.

The guidelines are designed to assess how well a municipality’s budget serve as a policy document, a financial plan, an operations guide, and a communications device. Budget documents must be rated proficient in all four categories and in fourteen mandatory criteria within those categories in order to receive the award.

The City of Salem's Fiscal Year 2016 budget is available online here.

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About the GFOA

The GFOA is a major professional association servicing the needs of more than 18,000 appointed and elected local, state, and provincial-level government officials and other finance practitioners. It property top quality publications, training programs, services, and products designed to enhance the skills and performance of those responsible for government finance policy and management. The association is headquartered in Chicago, Illinois, with offices in Washington, D.C.