Finance Department Receives 3 Distinguished Awards from the Government Financial Officers Association (GFOA)

The Montgomery Township Finance Department recently received 3 distinguished awards from the Government Financial Officers Association (GFOA). We congratulate and thank Brian Shapiro, our Finance Director, and his team for their outstanding efforts and for representing Montgomery Township at this level of excellence. 

The awards received are as follows. The press releases are available at the bottom of this page.

Distinguished Budget Presentation - 2023 Annual Budget

The award represents a significant achievement by the entity. 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 an entity's budget serves as:


- a policy document
- a financial plan
- an operations guide
- 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.

View the Award-Winning Budget

Excellence in Financial Reporting - 2021 Annual Comprehensive Financial Report

The report has been judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive "spirit of full disclosure" to clearly communicate its financial story and motivate potential users and user groups to read the report.

The Certificate of Achievement is the highest form of recognition in the area of governmental accounting and financial reporting, and its attainment represents a significant accomplishment by a government and its management.

View the Award-Winning Annual Comprehensive Financial Report

Outstanding Achievement in Popular Annual Financial Reporting (PAFR Award) - Popular Annual Financial Report (PAFR) for Fiscal Year Ending December 31, 2021

The Award represents a significant achievement by the entity. In order to be eligible for the PAFR Award, a government must also submit its annual comprehensive financial report to GFOA’s Certificate of Achievement for Excellence in Financial Reporting Program and receive the Certificate for the current fiscal year. Each eligible report is reviewed by judges who evaluate the report based on the following categories:

-reader appeal

-understandability

-distribution methods

-creativity

-and other elements.

View the Award-Winning Popular Annual Financial Report (PAFR)