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Budget Home |
Budget
Awards
The
Town of Lexington is proud to produce a budget which meets our fundamental
commitment to transparency and fiscal accountability. Our efforts to
provide the citizens of Lexington with the best and most inclusive budget
possible have not gone unnoticed. The Government Finance Officers
Association of the United States and Canada (GFOA) has continually awarded
the Town of Lexington its prestigious Distinguished Budget Presentation
Award for the last 9 years in a row. Lexington is one of only 7 communities in Massachusetts to receive the award annually.
In order to receive this award, a governmental unit must publish a budget
document that meets program criteria as a policy document, as an
operations guide, as a financial plan and as a communication device. Each
award is valid for one year. The current award is valid for its annual
budget for the fiscal year beginning July 1, 2005.
Recognition concerning the
budget is not as valuable however as the constant feedback we receive from
fellow fiscal professionals and Lexington citizens with which staff can
continue to improve the document.
We believe our current budget continues to
conform to program requirements, and we will submit it to GFOA to
determine its eligibility for another award.
For
more information, please visit www.gfoa.org
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