BRAMPTON: Brampton has received the Distinguished Budget Presentation Award, from the Government Finance Officers Association of the United States and Canada (GFOA), for the fifth consecutive year.
The award represents a significant achievement for the City of Brampton, reflecting a commitment to meeting the highest principles of government budgeting.
To receive the Distinguished Budget Presentation Award, the City of Brampton had to satisfy nationally recognized guidelines for an effective budget presentation including:
• A policy document;
• A financial plan;
• An operations guide: and,
• A communications device. Budget documents must be rated proficient in all four categories and in 14 mandatory criteria to receive the award. Brampton City Council approved the 2021 budget on December 9, 2020, freezing property taxes for the third consecutive year and making record contributions of $114 million to reserves.
There are more than 1,600 participants in the GFOA’s Budget Awards Program. The GFOA advances excellence in government finance by providing best practices, professional development, resources and practical research for more than 20,500 members.