City Earns Distinguished Budget Presentation Award
Sep 12, 2018
The Government Finance Officers Association (GFOA) has recognized the City of Greater Sudbury’s 2018 budget document with a Distinguished Budget Presentation Award.
The award is considered the highest form of recognition in government budgeting. To qualify for the international award, the City’s budget document met a number of guidelines for its effectiveness as a policy document, a financial plan, an operations guide and a communications tool.
“It's a real testament to the hard work of City staff that the City has earned this prestigious award" said Greater Sudbury Mayor Brian Bigger. “We continue to work together to improve communications to residents, with a focus on openness and accountability in everything we do and this award is indicative of our success in doing so. I’d like to thank everyone who contributed to the achievements of this very important annual document.”
The annual municipal budget process requires the collaboration and work of hundreds of staff across the organization. A certificate of recognition was presented to the project team who led the development of the 2018 budget document prior to last night's City Council meeting.
“This budget document reflects our commitment to transparency in the City’s financial reporting process,” said Ward 7 Councillor and Chair of the Finance and Administration Committee Mike Jakubo. “Countless hours go into the development of this document so that residents have the most comprehensive information about how their tax dollars are distributed.”
This is the second Distinguished Budget Presentation Award for the City, and the second award received from the GFOA this year. The City also received the GFOA Award for Financial Reporting for the 2017 Annual Financial Report.
“More than simply reporting costs, our budget is a key accountability document that describes the City’s plans, performance and the results we will deliver with the resources entrusted to us,” said City of Greater Sudbury Chief Administrative Officer Ed Archer. “This award recognizes the collaboration Council and staff showed to achieve internationally-recognized best practices.”
The GFOA is a professional association that recognizes government efforts to make information available to the public and encourages process improvements in the areas of financial reporting, accounting, or budgeting. There are more than 1,600 participants in the GFOA’s Budget Awards Program in the United States and Canada.
The 2018 Budget can be viewed on the City’s website at www.greatersudbury.ca/budget2018.