The Government Finance Officers Association of the United States and Canada (GFOA) has awarded the Town of New Canaan the Distinguished Budget Presentation Award for its FY2021 Budget documents.
In order to receive the budget award, the Town had to satisfy nationally recognized guidelines for effective budget presentation. The guidelines are designed to assess how well the budget serves as:
- a policy document
- a financial plan
- am operations guide
- a communication device
Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other entities and throughout North America and Canada.
The Finance Department has worked diligently with all Town bodies to meet the performance challenges of responsible and responsive financial reporting.
First Selectman Kevin Moynihan said:
“The receipt of this GFOA award represents a significant achievement by the town and reflects the commitment of all of our town bodies – Board of Selectmen, Board of Education, Town Council and Audit Committee – as well as our town Finance Department to meeting the highest principles of governmental budgeting. CFO Lunda Asmani leads a strong team to manage finances well for New Canaan taxpayers. We thank him and his staff for their hard work, dedication and achievement on behalf of our town.”
The GFOA advances excellence in government finance by providing best practices, professional development, resources, and practical research for more than 21,000 members and the communities they serve. It is headquartered in Chicago with offices in Washington, D.C.
Town of New Canaan financial documents can be found on the Department of Finance page of the Town’s website, www.newcanaanct.info.