Oak Bluffs is one of the latest recipients of the Distinguished Budget Presentation Award for its current budget from the Government Finance Officers Association (GFOA).
The award “reflects the commitment of the governing body and staff to meeting the highest principles of government budgeting,” according to a release from the GFOA.
Budgets are assessed on how well they serve as a policy document, a financial plan, an operations guide, and a communications device. Entities must be “proficient” in all four categories, and in the 14 mandatory criteria within those categories, to receive the award.
Town administrator Robert Whritenour is also being given a Certificate of Recognition for Budget Presentation, which is given to an individual or department that is designated as being primarily responsible for achieving the Distinguished Budget Presentation Award.
“We’re very delighted to have received that award. It really does signify some of the best practices for our community,” Whritenour said. “It’s really gratifying to see.”
Whritenour said he was most proud of the town being recognized for helping its residents understand financial issues. He specifically mentioned town accountant Deborah Potter as being helpful in assembling the financial information to submit for the award.
Oak Bluffs is the first Island town to receive the award. Ashland and the Boston Water and Sewer Commission are the only other entities in Massachusetts currently posted on the award’s website.