City Business Plan and Budget Recognized for Financial Success for 33rd Consecutive Year

The City of Mississauga has received the Distinguished Budget Presentation Award for the 2022-2025 Business Plan and 2022 Budget book – the highest form of recognition in governmental budgeting. This is the 33rd consecutive year the City has received the award from the Government Finance Officers Association (GFOA) of the United States and Canada – the most received by a Canadian municipality.

“Receiving this prestigious award reflects our dedication, over the past three decades, to delivering value for tax dollars through the programs, services and infrastructure that residents and businesses rely on,” said Shari Lichterman, Commissioner of Corporate Services and Chief Financial Officer. “This award highlights our ongoing commitment to transparency and accountability, as well as our ability to be strategic. By maintaining strong business practices, while continuing to innovate how we present the annual budget, the City can adapt to an ever-changing environment and prioritize resources where they are needed most.”

The GFOA awards are given to municipalities who have met the highest standards of government budgeting and financial reporting. The award submissions must meet nationally recognized guidelines for effective budget presentation in order to be eligible to receive this award. Each budget submission is assessed by the GFOA for its merit as a policy document, financial plan, operations guide and communications device.

Lichterman added, “I want to thank the GFOA for this honour. I also want to thank Council and the many City staff teams involved in our Budget and Business Plan process, and Mississauga residents for their engagement in our budget process each year.”

Review the 2022-2025 Business Plan and 2022 Budget Book.

Background:
The GFOA is a non-profit association serving more than 20,000 government finance professionals throughout North America. The purpose of the GFOA is to enhance and promote the professional management of governments for the public benefit. This is achieved by identifying and developing financial policies and best practices and promoting their use through education, training, facilitation of member networking and leadership. GFOA advances excellence in government finance by providing best practices, professional development, resources and practical research for more than 20,500 members and the communities they serve. For more information on their award programs, visit gfoa.org.

Tags

• Awards and Recognition
• Budget and Taxes