Sussex County wins 15th award for excellence in financial reporting

GEORGETOWN – Sussex County has scored another win for taxpayers, earning its 15th consecutive award for outstanding auditing and budgeting practices from an international group of financial experts.

The Government Finance Officers Association of the United States and Canada, based in Chicago, in July awarded the County its Certificate of Achievement for Excellence in Financial Reporting for the 2016 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.

Gina Jennings

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 works continually abide by the highest standards when it comes to fiscal management,” said Sussex County Finance Director Gina A. Jennings. “We are pleased to again be honored with this prestigious award, which we believe reflects the county’s commitment to excellent fiscal management.”

You are encouraged to leave relevant comments but engaging in personal attacks, threats, online bullying or commercial spam will not be allowed. All comments should remain within the bounds of fair play and civility. (You can disagree with others courteously, without being disagreeable.) Feel free to express yourself but keep an open mind toward finding value in what others say. To report abuse or spam, click the X in the upper right corner of the comment box.