CHECK OUT THE NEW BUCKSBLOGSPOT. HELP FOR BUCKS COUNTY BUSINESSES AND ECONOMIC RECOVERY – BUCKSBLOGSPOT

Middletown receives fourth GFOA Distinguished Budget Presentation Award

Middletown Township has been awarded the Distinguished Budget Presentation Award by the Government Finance Officers Association (GFOA) for its 2022 Budget for the fourth consecutive year. Out of nearly 3,000 municipalities and governmental authorities in the Commonwealth of Pennsylvania, the Township is one of fewer than two dozen governmental bodies in Pennsylvania to achieve this recognition in 2022.

Of the nearly 89,000 units of local government in the United States, the GFOA Distinguished Budget Presentation Award is earned by less than 1% of governmental agencies.

In order to receive this award, the Township had to satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess the budget’s ability to serve as a policy, financial planning, operations, and communications device. The Township’s budget features financial analysis and contextual information, making it clear to staff and the community at large how funds are being earned and disbursed, and why.

“Middletown Township takes great pride in its financial management and transparency with the community,” said Board of Supervisors Chairman Mike Ksiazek. “This award represents a significant achievement reflective of our commitment to meet the highest principles of governmental budgeting.”

The Township is also an 18-time winner of the Certificate of Achievement for Excellence in Financial Reporting Program. The 2023 Budget will be prepared in accordance with GFOA’s criteria and will be submitted upon final adoption by the Board of Supervisors in December.

0 0 votes
Article Rating
Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments
0
Would love your thoughts, please comment.x
()
x