The City of Lawrenceville Finance Department has received the Government Finance Officers Association Distinguished Budget Presentation Award for its Fiscal Year 2023 budget.
According to a press release from the city, this award reflects the commitment of the governing body and staff to meeting the highest principles of governmental budgeting and is the highest form of recognition in governmental accounting and financial reporting.
In order to receive the budget award, the city had to meet several nationally recognized guidelines for effective budget presentation. The guidelines aid in assessing how well an entity's budget serves as a policy document, financial plan, operations guide and communications device.
Budget documents must be rated "proficient" in all four categories, and in the fourteen mandatory criteria within those categories, to receive the award. There are over 1,700 participants in the Budget Awards Program.
In addition to the Distinguished Budget Presentation Award, GFOA awarded the Finance Department the “Certificate of Achievement for Excellence in Financial Reporting” for its Fiscal Year 2021 budget.
“We are proud of our Finance Department and the Citizens Financial Review Committee for once again achieving these awards of excellence,” City Manager, Chuck Warbington, said. “They represent hard work and key components of financial best practices, and speak volumes about our knowledgeable and well-trained staff and for the accuracy and transparency of our budget process and documentation.”
Visit the city website to view both award-winning reports:
Annual Comprehensive Financial Report FY2021
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