The City has received the Distinguished Budget Presentation Award for the fiscal year beginning July 1, 2022, from the Government Finance Officers Association (GFOA) of the United States and Canada. Gaithersburg is receiving this award, the highest form of recognition in governmental budgeting, for the 21stconsecutive time. The award is officially presented to the Department of Finance & Administration.
The City had to satisfy nationally-recognized guidelines for effective budget presentation. These guidelines are designed to assess how well a municipality’s budget serves as a policy document, a financial plan, an operations guide, and a communications device.