Gardner Annual Report

Consistently
financially responsible

17-time recipient of GFOA Certificate of Achievement for Excellence in Financial Reporting
Award

9th Consecutive GFOA Distinguished Budget Presentation Award

Matt Wolff

Finance Director

In 2022, Gardner had strong financial performance in the General Fund primarily due to revenues from new development and savings in the operating budget. This combination of increased revenues and budget savings puts the city’s General Fund in a position of strength for addressing future maintenance needs and maintaining service levels during a period of community growth. Due to new residential and commercial developments, the city anticipates that the tax base will continue to expand. The city will need to strategically invest in its infrastructure to accommodate expected growth and enhance the quality of life for current residents.

Our successes in 2022 were only possible

with the outstanding stewardship of our award-winning Finance Department and their sound financial planning and management. Through their expertise, we coordinated a five-year Capital Improvement Program, allowing us to address significant city projects and plan for future and existing growth cost-effectively. We delivered an intelligible, well-balanced biennial budget to allocate resources to the areas that best serve our community. Our Grant Program also saw another successful year, helping to support city and community initiatives while offsetting costs to the taxpayers. 

Secured more than $3.3 million in current and future grant funding

Updated electric and wastewater rate studies

Completed the debt issuance of series 2022A and 2022B General Obligation Bonds to support infrastructure improvements and refund debt obligations 

Maintained a balanced budget

Maintained an AA- credit rating

Received a clean audit

Coordinated the development of the five-year Capital Improvement Plan

Did You Know?

The city now offers utility customers the option to sign up for text notifications regarding the status of their account. Use the button below to request more information. 

Looking Ahead: Financial Overview

Fiscal Year 2022

Revenue by Fund Type

0

Expenditure by Fund Type

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