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Woodbridge Earns GFOA Award

Woodbridge Earns GFOA Award

Once again the Town of Woodbridge has earned the Distinguished Budget Presentation Award from the national nonprofit Government Finance Officers Association (GFOA). This is in addition to the Audit Award also received by the Town. Woodbridge is one of only 16 of the state’s 169 municipalities that received both awards.

According to GFOA, the award “reflects the commitment of the governing body and staff to meeting the highest principles of governmental budgeting”. The certificate of recognition was presented to the Town’s Director of Finance, Tony Genovese.

“These awards recognize the outstanding work of our Board of Finance and our Finance Department,” said First Selectman Ellen Scalettar. “The Town of Woodbridge is fortunate to have a Finance Director of Tony Genovese’s caliber.”

Board of Finance Chair Matthew Giglietti added, “This budget award is particularly important because well-presented budget documents help residents understand how their Town is being managed and what happens with their tax dollars”.

Guidelines for the award are based on how well the budget serves as a policy document, a financial plan, an operations guide and a communications device.

The Town is currently in the process of creating the 2015-16 budget, and residents are invited to the preliminary budget hearing on Monday, April 27 at 7:30 p.m. at the Center Building Gymnasium, 4 Meetinghouse Lane.

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