Tolland Receives Major Budget Award

TOLLAND, CT — Government Finance Officers Association announced Thursday that Tolland has received the GFOA's Distinguished Budget Presentation Award for its budget.

The award represents "a significant achievement" by the town, according to the announcement.

The award, according to the GFOA, "reflects the commitment of the governing body and staff to meeting the highest principles of governmental budgeting."

In order to receive the budget award, the entity had to satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess how well an entity’s budget serves as:

• A policy document
• A financial plan
• An operations guide
• A communications device

Budget documents must be rated “proficient” in all four categories, and in the 14 mandatory criteria within those categories, to receive the award.

When a Distinguished Budget Presentation Award is granted to a town, a Certificate of
Recognition for Budget Presentation is also presented the individuals or department designated as being primarily responsible for having achieved the award.