Commissioners receive report on Macon-Bibb’s FY16 financial audit | News
On Tuesday, January 24, Mauldin & Jenkins presented Macon-Bibb County’s first Comprehensive Annual Financial Report (CAFR) to the Commission, which is based on its audit of the county’s finances for July 1, 2015 – June 30, 2016. While Mauldin & Jenkins has conducted audits of the government’s finances in the past, this is the first time a CAFR has been completed because those previous audits provide the historical data needed for comparisons and trends.
“A CAFR goes above and beyond what is required for governments,” Miller Edwards of Mauldin & Jenkins told the Commissioners, adding that they are submitting an unmodified report with no findings for either the General Fund or the CDBG program (which is the largest of the federal grant programs for Macon-Bibb). “Across the board, everything I report to you today is clean, and that’s a good way to start.”
“To have an audit turned in on time is no small matter, and to have it with no findings, is amazing,” said Mayor Robert Reichert, thanking the auditing team and the Finance Department for their work in putting it together and the departments for their controls over how funds are spent throughout the year.