For the second year in a row, the Government Finance Officers Association (GFOA) awarded the City of Mauldin with its Distinguished Budget Presentation Award. The award was based on the City’s 2021 – 2022 fiscal year budget.
The award recognizes the City’s efforts in producing comprehensive budget documents and financial reporting. “The award demonstrates the City’s commitment to the fiscal responsibility and stewardship,” said Finance & Policy Committee Chairperson Michael Reynolds. “Developing the City’s budget can be challenging, and the City works hard to make sure the budget document presents the budget with a focus on transparency and being easy to understand,” added Reynolds.
The award represents a significant achievement by the City. It reflects the commitment of the City Council and staff to meeting the highest principles of governmental budgeting. In order to receive the budget award, the City had to satisfy nationally recognized guidelines for effective budget presentation. These guidelines are designed to assess how well the City’s budget serves as:
- A policy document
- A financial plan
- An operations guide
- A communications device
The award is the highest form of recognition in governmental budgeting, and underwent three independent reviews. “It is great to receive this award for the second year in a row,” Mayor Terry Merritt said. “The award represents the City’s commitment to upholding the highest governmental budgeting principles,” added Merritt.
As the primary department designated to prepare the City’s annual budget, the City’s Finance Department will also receive a Certificate of Recognition for the Budget Presentation. To view the City’s FY2022 budget, visit the city’s website at www.cityofmauldin.org. To learn more about the GFOA award, visit www.gfoa.org/budgetaward.