The city of Brookhaven has been awarded the Certificate of Achievement for Excellence in Financial Reporting for its Comprehensive Annual Financial Report (CAFR) for 2016.
“In a local government, one of the most important duties is an accurate and transparent accounting and reconciliation of public funds,” City Manager Christian Sigman said in a press release. “Our Finance Department has made it a top priority to maintain the highest standards and best practices in accounting. The fact that Brookhaven has achieved this award twice in its first five years is a significant accomplishment.”
In 2016, Brookhaven maintained a budgetary “rainy day fund” reserve equal to 26.3 percent of expenditures for the first time.
Copies of Brookhaven’s award-winning CAFR can be found at https://www.brookhavenga.gov/documents?field_microsite_tid=32.