Town of Ashland Receives Distinguished Budget Presentation Award from the Government Finance Officers Association

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In full transparency, the following is a press release from the Town of Ashland submitted to SOURCE media.

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ASHLAND – The Town of Ashland and the Government Finance Officers Association is pleased to announce that the Town was recently awarded Government Finance Officers Association’s (GFOA) Distinguished Budget Presentation Award.

The Distinguished Budget Award represents a significant achievement by the town. It reflects the commitment of the governing body and staff to meeting the highest principles of governmental budgeting and transparency.  In order to receive the budget award, the town had to satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess how well the Town’s budget serves as a policy document, a financial plan, an operations guide, and a communications device.

Town Manager Michael Herbert said “The Distinguished Budget Award is the highest standard in governmental budgeting, and the GFOA guidelines help us deliver a budget document that is transparent and understandable.”

As part of its award process, the Association identifies the person foremost responsible for producing the budget document. Again the Association has identified Finance Director/Town Accountant Brittany Iacaponi for this honor.

“Ms. Iacaponi’s consistent performance at such a high level is one of the primary reasons why the state of our finances is consistently strong across all metrics. This budget document takes an incredible amount of work, and I commend Brittany for producing such a high caliber document in the midst of all of her other responsibilities”, Herbert said.

The most recent Budget Award recipients, along with their corresponding budget documents, are posted quarterly on Association’s website, gfoa.org/. Award recipients have pioneered efforts to improve the quality of budgeting and provide an excellent example for other governments throughout North America.

The Town of Ashland has been awarded the Distinguished Budget Award for the last four years.

The FY22 Budget Document can be found on our Accountant/Finance Department’s webpage on ashlandmass.com.

 Click here for the direct link to the budget document.

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