BEAUFORT, S.C. (June 18, 2024) – The City of Beaufort has been recognized for the 17th 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, 2023.
“While this award is for excellence in financial reporting, it also means that our finance team, led by Alan Eisenman, is second to none in their ability to act as a responsible fiduciary of the public’s money,” City Manager Scott Marshall said. “These awards aren’t given by accident. Receiving it 17 years in a row speaks to sound institutional practices.”
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.
“Senior Accountant Sandra Rice was instrumental in drafting and compiling this complex financial report,” Finance Director Alan Eisenman said. “We could not have won this award without her dedication and hard work!”
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.
List of Annual Comprehensive Financial Reports
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