Budget Gets Good Marks From National Non-Profit

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 Salem’s commitment to meeting the highest principles of governmental budgeting. In order to receive the award, Salem had to meet nationally recognized guidelines for an effective budget presentation, according to Salem officials.

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.