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Posted on: July 25, 2023

City recognized for excellence in financial reporting

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BEAUFORT, S.C. (July, 25, 2023) –  The City of Beaufort has been recognized for the 16th consecutive year for excellence in financial reporting.

The Government Finance Officers Association (GFOA) has awarded the City of Beaufort a Certificate of Achievement for Excellence in Financial Reporting for the City’s Annual Comprehensive Financial Report for the fiscal year ending June 30, 2022.

“The City being recognized by the GFOA for excellence in financial reporting is a testament to the hard work of our Finance Director Alan Eisenman and his team of professionals,” said City Manager Scott Marshall. “Day in and day out, they are great stewards of taxpayer dollars and consistently strive for transparency in our fiscal operations.”

The report was judged by a panel to meet the high standard of the program, which include demonstrating a “spirit of full disclosure” to clearly communicate Beaufort’s  financial story and motivate users to read the report. The City keeps all of its financial and budgeting information on its website, www.cityofbeaufort.org. Users can access the financial transparency tool to take a closer look at the City’s budget.

The award is the highest form of recognition for governmental accounting and financial reporting. “Its attainment represents significant accomplishment by a government and its management,” GFOA said. 

The latest award is one of many the City’s Finance Department has received from GFOA – in the categories of financial reporting and excellence in budget presentation – under the leadership of Eisenman and his team.

Finance Department website: List of Annual Comprehensive Financial Reports.

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