Lucky 13: Sussex County honored again for excellence in financial reporting

GEORGETOWN – Sussex County has cooked up a baker’s dozen of accounting awards, earning high marks once again from an international group of financial experts by winning its 13th consecutive award for outstanding auditing and budgeting practices.

The Government Finance Officers Association of the United States and Canada, based in Chicago, earlier this month awarded the County its Certificate of Achievement for Excellence in Financial Reporting for the 2014 comprehensive annual financial report (CAFR). The award is among the highest forms of recognition for governmental accounting and financial reporting.

The CAFR was judged by an impartial panel to meet the high standards of the association’s program.

The award is an acknowledgment of Sussex County’s comprehensive annual financial report, or CAFR. The document includes the County’s annual audit, showing assets, liabilities, equity, revenues and expenses. It also contains information about county demographics and the local economy. That information helps those reviewing the report – such as investors – to better gauge the County’s financial condition.

“Sussex County strives to perform at the highest standard when it comes to financial management,” said County Finance Director Gina A. Jennings. “This award is a reflection of those efforts and we’re proud once again to be recognized for this prestigious honor.”

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