The Town of Three Hills has received recognition for its 2022 budget.
The Government Finance Officers Association has awarded the town with the Distinguished Budget Presentation Award.
“The award represents a significant achievement by the entity,” a Town of Three Hills a media release stated on Monday.
“It reflects the commitment of the governing body and staff to meeting the highest principles of governmental budgeting. In order to receive the budget award, the entity had to satisfy nationally recognized guidelines for effective budget presentation.”
These guidelines are designed to assess how well a budget serves as a policy document, a financial plan, an operations guide and a communications device.
Budget documents must be rated “proficient” in all four categories, and in the fourteen mandatory criteria within those categories, to receive the award.
There are over 1,700 participants in the Budget Awards Program. The most recent budget award recipients, along with their corresponding budget documents, are posted quarterly on GFOA’s website.
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