Sussex County honored with national financial award

Sussex County has received its 18th award for outstanding auditing and budgeting practices, just weeks after winning its second AAA bond rating ever.

The Government Finance Officers Association of the United States and Canada, based in Chicago, in September awarded the county its Certificate of Achievement for Excellence in Financial Reporting for the 2019 comprehensive annual financial report. The award is among the highest forms of recognition for governmental accounting and financial reporting.

The award is an acknowledgment of Sussex County’s comprehensive annual financial report. 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 accurately gauge the county’s financial condition.

“We have set a very high bar for ourselves, and we strive each day to abide by the highest accounting standards when it comes to managing the public’s money,” said Sussex County Finance Director Gina Jennings. “After 18 years, it might sound like a broken record, but it’s a tune we certainly enjoy hearing year after year. I am proud of our staff for winning this honor, and I am proud of Sussex County winning the continued trust of the people we serve.”