Foley’s finance dept. earns Triple Crown

Foley’s finance dept. earns Triple Crown

Foley’s finances continue to get high marks with the city’s annual audit finding municipal finances in good standing.
Chris Kiley, senior audit manager with Warren Averett, said the city received the most positive opinion possible following the review.
“We issued a clean, unmodified opinion that your financial statements present fairly in all material respects,” Kiley said. “That is the highest level of assurance we’re allowed.”
Kiley praised the work by Finance Director/Treasurer (pictured) Miranda Bell and the city finance staff in assisting with the audit and preparing and maintaining Foley finances.
“It’s been a great experience working with Miranda and her staff,” Kiley said. “They did a great job getting everything to me in a timely manner and providing all the audit support. It made everything run efficiently. We really appreciate her and her team for all our audit work during the process.”
Foley received three national financial awards from the Government Finance Officers Association of the United States and Canada for the sixth consecutive year. Only five cities in Alabama received all three awards this year, a distinction known as the Triple Crown.
“What Miranda and her team have done is incredible and deserves congratulations for what y’all do every year,” Mayor Ralph Helmich said. “It might not seem as much of a big deal when you keep getting it, but this is really outstanding.”