Brookhaven Finance Department wins Excellence in Financial Reporting

City is recognized for outstanding government finance practices

Brookhaven, GA, May 31, 2023 – For yet another year the City of Brookhaven’s Finance Department has won the Excellence in Financial Reporting Award from the Government Finance Officers Association.  This is the seventh consecutive year Brookhaven has earned this award.

The award, which is the highest form of recognition for government financial reporting and accounting, according to the Government Finance Officers Association (GFOA), was given to the City’s Finance Department for its Comprehensive Annual Financial Report (CAFR) for 2021.

“We work hard to ensure that Brookhaven’s finances maintain a high level of accuracy, integrity and transparency,” said Finance Director Oscar Medina. “It is gratifying to earn this recognition from the Government Finance Officers Association.”

The award-winning CAFR can be found on Brookhaven’s website at: https://www.BrookhavenGA.gov/Finance/Page/Annual-Comprehensive-Financial...

According to GFOA, the report is judged by an impartial panel to meet the high standards of the program, which includes demonstrating a constructive spirit of full disclosure to clearly communicate its financial story and motivate potential users to read the report.

Brookhaven is also one of the few municipalities with a Triple A bond rating from Standard & Poor’s (S&P) and Moody’s Investor Services (Moody’s).  These ratings, recently reaffirmed this year, were originally received in July 2018 for the bond for the construction of the Peachtree Creek Greenway.

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