News Flash

News

Posted on: January 11, 2024

City performs well on annual audit

Thumbnails-233x251-Budget

BEAUFORT, S.C. (Jan. 11, 2024)  –  The City of Beaufort has received a clean bill of financial health from accounting firm Mauldin & Jenkins, which performs an annual financial and compliance audit for the City.

At Work Session on Jan. 9, David Irwin, CPA, a partner at Mauldin & Jenkins, reviewed the audit with City Council. The audit was performed for the fiscal year 2023, which ended on June 30, 2023. The audit opinion said that the City met the “highest level of assurance” and that all financial statements were fairly presented in accordance with Generally Accepted Accounting Principles. The audit included two compliance reports, with no weaknesses or deficiencies found, Irwin said.

He commended the City of Beaufort for the continued increase in its General Fund Balance (reserves) from 2020, at $8 million, to 2023, at just under $12 million. 

“Given the professionalism of our finance team and their commitment to being responsible stewards of public dollars, I am not surprised by this spotless audit report,” City Manager Scott Marshall said.

At the same meeting, Finance Director Alan Eisenman presented the City’s Annual Comprehensive Financial Report (ACFR), also ending June 30, 2023. This report goes above and beyond basic reporting requirements. It is submitted annually to the Government Finance Officers Association. The City was awarded a Certificate of Achievement for Excellence in Financial Reporting for the 16th year in a row for last year’s report.

“Your staff does a great job putting the ACFR together, and you should be proud of them,” Irwin told City Council.

2023 Annual Comprehensive Financial Report

######

Find us:

facebook.com/CityBeaufortSC
instagram.com/citybeaufortsc
cityofbeaufort.org

Facebook Twitter Email

Other News in News

Applications open for HTAX grants

Posted on: February 14, 2024
City Hall drone1_233px

City offices closed on Presidents Day

Posted on: February 13, 2024
City Hall drone1_233px

Planning retreat set for Jan. 30-31

Posted on: January 23, 2024
Thumbnails-233x251-Budget

City recognized for excellence in budget presentation

Posted on: January 22, 2024 | Last Modified on: September 12, 2018
Holiday Schedule 2023 Graphic

Holiday schedule for the City of Beaufort

Posted on: December 19, 2023
Phil Cromer_

Cromer to be sworn in as mayor on Dec. 19

Posted on: December 13, 2023
Bullhorn

Pigeon Point Dock is closed

Posted on: November 29, 2023
City IG Holiday Weekend

Holiday Weekend is just around the corner!

Posted on: November 14, 2023

Cromer, Sutton are candidates for mayor

Posted on: November 2, 2023
Fueling PD high-water vehicles

City of Beaufort prepares for Idalia

Posted on: August 28, 2023
Benjamin Coppage_HeadShot

Council appoints city attorney

Posted on: August 23, 2023
Thumbnails-233x251-Grants

ATAX workshop added for Aug. 23

Posted on: August 16, 2023
Thumbnails-233x251-Grants

ATAX workshop on Aug. 10

Posted on: August 8, 2023
Taste of Beaufort_233px

A Taste of Beaufort set for May 5-6

Posted on: April 20, 2023

City offices closed on Presidents Day

Posted on: February 15, 2023

Public meetings week of Feb. 13

Posted on: February 13, 2023