The City of Brookfield received the Distinguished Budget Presentation Award from the Government Finance Officers Association of the United States and Canada (GFOA) for its 2020 City Budget document. The budget award is presented to those units of government meeting the highest principles of governmental budgeting. To receive the award, a government's budget presentation must meet nationally recognized guidelines in the following areas:
- A policy document
- A financial plan
- An operations guide
- A communications device
This was the nineteenth consecutive year that the City has received the budget award. The City is one of only twenty-four municipalities and thirty-eight units of government in the state of Wisconsin that receive this prestigious award.
The GFOA is a nonprofit professional association that serves nearly 20,000 government finance professionals.
The City of Brookfield received the Certificate of Achievement for Excellence in Financial Reporting for its financial statements for the fiscal year ending December 31st, 2019. The Certificate of Achievement is a prestigious national award presented by the GFOA, recognizing conformance with the highest standards for preparation of state and local government financial reports.
This was the twenty-third consecutive year that the City has received the Certificate of Achievement, and the City is one of only fifteen municipalities within the State of Wisconsin that receive this award.
The City of Brookfield received the Award for Outstanding Achievement in Popular Annual Financial Reporting for the fiscal year ending December 31st, 2019. The Outstanding Achievement is a prestigious national award presented by the GFOA.
The GFOA established the Popular Annual Financial Reporting Awards Program to encourage and assist state and local governments to extract information from their comprehensive annual financial report to produce high quality popular annual financial reports specifically designed to be readily accessible and easily understandable to the general public and other interested parties without a background in public finance.
This was the first year that the City of Brookfield submitted a Popular Annual Financial Report and the first year the City of Brookfield received an award.