Skip to content

News release

City’s Annual Budget Recognized with Prestigious Financial Award

The City has Mississauga has received the Distinguished Budget Presentation Award for the 2020-2023 Business Plan and 2020 Budget Book from the Government Finance Officers Association (GFOA).

Local government | November 4, 2020

For the 31st consecutive year, the City of Mississauga received the Distinguished Budget Presentation Award for the 2020-2023 Business Plan and 2020 Budget Book – the most by a Canadian municipality. This award was presented by the Government Finance Officers Association (GFOA) of the United States and Canada.

“Receiving this prestigious award over the past three decades confirms our commitment to deliver the services Mississauga residents rely on while delivering value for money. It also reflects the commitment of the City to meet the highest principles of governmental budgeting,” said Gary Kent, Commissioner of Corporate Services and Chief Financial Officer. “The City of Mississauga has a solid track record of sound financial decision-making and good financial planning. Our annual budget is carefully constructed with extensive public consultation, economic forecasting and diligent accounting.”

GFOA award submissions must meet nationally recognized guidelines for effective budget presentation to receive this award. The GFOA assesses each budget submission for its merit as a policy document, financial plan, operations guide and communications device.

Kent added, “The City’s annual budget provides funding and resources to deliver programs and services while maintaining the infrastructure that residents and businesses rely on. Its an important process to give Council the information they need to make informed decisions as they continue to deliver value for money with the tax dollars we received.”

The GFOA awards are given to municipalities who have met the highest standards of government budgeting and financial reporting.

Review the 2020-2023 Business Plan and 2020 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.

Photo:

Media Contact:
Catherine Nguyen-Pham
Communications Co-ordinator
City of Mississauga
905-615-3200 ext. 5334
catherine.nguyen-pham@mississauga.ca
TTY: 905-896-5151