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Town of Caledon Receives Distinguished Budget Presentation Award

Posted on Monday October 02, 2017

The Town of Caledon recently received the Distinguished Budget Presentation Award, from the Government Finance Officers Association (GFOA), for the 2017 budget document, marking the sixth consecutive year that the Town has achieved this award.

“This is a significant accomplishment for the staff and leadership of our Finance Department, I couldn’t be more proud of them” said Mayor Allan Thompson “A considerable amount of time, energy and importance is placed on developing a budget each and every year. This award represents the hard work, dedication and expertise Town staff exemplify when working on the budget and through the budget approval process.”

The GFOA’s Distinguished Budget Presentation Awards program recognizes governments that meet the highest standards in budget document presentation. Independently evaluated by external GFOA reviewers, this award recognizes the Town’s efforts to adopt best practices, communicate financial plans and policies, and to promote overall transparency and accountability.

“In addition to this award, the Town has also received the GFOA’s Canadian Award for Financial Reporting for the past five years, and the Popular Annual Financial Reporting (PAFR) Award for the past four years,” said Mike Galloway, Chief Administrative Officer. “Town staff work incredibly hard year after year developing, presenting and implementing the budget. This a great achievement!”

“Over the past four years, the Town of Caledon is the only lower-tier municipality in Ontario to obtain the PAFR award. The Town remains committed to providing transparent and understandable financial information to all Town of Caledon stakeholders. The Town’s 2017 budget document is available to the public online at Printed documents are also available at Town libraries and at Town Hall.

More about the GFOA
The Government Finance Officers Association, founded in 1906, represents public finance officials throughout the United States and Canada. The association's more than 19,000 members are federal, state/provincial, and local finance officials deeply involved in planning, financing, and implementing thousands of governmental operations in each of their jurisdictions. GFOA's mission is to promote excellence in state and local government financial management.


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