Newtown Township Wins Budget Award

Newtown Township, Delaware County announced that it has received the Distinguished Budget Presentation Award from the Government Finance Officers Association (GFOA) for its 2021 budget. The award represents a significant achievement for Newtown Township and reflects its commitment to meet the highest principles of governmental budgeting. In order to receive the budget award, Newtown Township had to satisfy nationally recognized guidelines for effective budget presentation, which are designed to assess how well an entity's budget serves as:

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

A Certificate of Recognition for Budget Presentation was presented to Rich Lafiata, Finance Director.Stephen Nease, Township Manager, stated, “Richard Lafiata, and everyone in the Finance Department worked very hard to improve budget awareness and transparency.Their efforts have greatly improved the township’s budget documentation over the last 5 years and this award reflects their hard work.”

Newtown Township has applied for the GFOA Budget Presentation Award for the past 2 years and this is second time the Township has won. With more than 1,700 participants in the Budget Awards Program, award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout the United States and Canada. Last year only 20 governmental organizations in Pennsylvania received this award; Newtown Township was the only one in Delaware County.

About Newtown Township

Newtown Township is a suburban community located in Delaware County, Pennsylvania, approximately 12 miles west of Center City, Philadelphia and adjacent to the Main Line. The community offers the convenience of regional amenities, while maintaining the ambiance of a small-town community. The Township is home to many small businesses, as well as cutting- edge national and international corporations. To learn more, visit https://newtowntownship.org.

About the Government Finance Officers Association (GFOA)

The Government Finance Officers Association (GFOA), founded in 1906, represents public finance officials throughout the United States and Canada. GFOA's mission is to advance excellence in public finance. To meet the many needs of its members, the organization provides best practices guidance, consulting, networking opportunities, publications including books, e-books, and periodicals, recognition programs, research, and training opportunities for those in the profession.To learn more, visit www.gfoa.org.