Town Of Danvers Earns Distinguished Budget Award
Award recognizes excellence in financial management
The Government Finance Officers Association recently announced that the Town of Danvers has been awarded the GFOA’s Distinguished Budget Presentation Award for its fiscal year 2022 budget document, an honor enjoyed by less than 5% of municipalities each year.
“I couldn’t be prouder of our finance team,” said Director of Administration & Finance Rodney Conley. “This award is a testament to their hard work and commitment to transparency and accountability.”
The GFOA Budget Award reflects a commitment to meeting the highest principles of governmental budgeting and compliance with nationally recognized guidelines, including having a budget that serves effectively as a policy document, a financial plan, an operations guide, and a communications device.
Only budgets rated proficient or above in all four of these key areas, and across fourteen mandatory sub-categories, are eligible for award. Roughly 1,700 governmental units (state, county, local governments) receive a GFOA Budget Award.
“As an elected official, learning of this award reinforces my confidence that our community’s finances are being managed professionally and effectively,” said Select Board Chair Gardner Trask, III.
The most recent Budget Award recipients, along with their corresponding budget documents, are posted quarterly on GFOA’s website: www.gfoa.org/budget-award.