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The original item was published from 12/26/2019 1:06:11 PM to 1/8/2020 5:05:03 PM.

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Posted on: December 26, 2019

[ARCHIVED] Concord Awarded GFOA's Distinguished Budget Presentation Award

The Town of Concord has been awarded the GFOA's Distinguished Budget Presentation Award. This award is the highest form of recognition in governmental budgeting and represents a significant achievement by Concord with special recognition given to our Finance Department for their diligent work in preparing the budget. Please see the press release text below and click to view the full press release.


Government Finance Officers Association is pleased to announce that Town of Concord, Massachusetts, has received GFOA's Distinguished Budget Presentation Award for its budget.

The award represents a significant achievement by the entity. It 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 fourteen mandatory criteria within those categories, to receive the award.

When a Distinguished Budget Presentation Award is granted to an entity, a Certificate of Recognition for Budget Presentation is also presented to the individual(s) or department designated as being primarily responsible for having achieved the award. This has been presented to Finance Department.

There are over 1,600 participants in the Budget Awards Program. The most recent Budget Award recipients, along with their corresponding budget documents, are posted quarterly on GFOA's website. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.

Government Finance Officers Association (GFOA) advances excellence in government finance by providing best practices, professional development, resources and practical research for more than 20,500 members and the communities they serve.

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