Salem Receives Eighth Distinguished Budget Presentation Award

The City of Salem has received its eighth Distinguished Budget Presentation Award from the Government Finance Officers Association (GFOA), a nation-wide nonprofit organization, for its FY2016 City Budget. 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 or exceed nationally recognized guidelines for an effective budget presentation.

The GFOA 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. Salem was one of just 18 Massachusetts municipalities to receive the award.

About the GFOA

The GFOA is a major professional association servicing the needs of nearly 19,000 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.