Tuesday night, the Brighton City Council was presented with the Comprehensive Annual Financial Report (CAFR) for 2018. Haynie & Company, the city’s independent audit firm, presented the results during the regularly scheduled Study Session. The City of Brighton received an unmodified opinion (clean) with no proposed adjustments.
The city charter and state law require an annual audit be completed by independent certified public accountants selected by the City Council. The goal of the independent audit was to provide reasonable assurance that the financial statements of the city for the fiscal year ended December 31, 2018 are free of material misstatements.
At the end of 2018, the city put together an audit selection committee made up of two community members, two council members, and city staff to help select new city auditors to review the city’s finances. Together, this audit selection committee selected Haynie & Company to complete the 2018 CAFR.
To review the entire CAFR visit https://www.brightonco.gov/245/Financial-Reports