Standard and Poor’s
AA- / Stable
Upgraded from A in April 2010
Recalibrated from A2 in May 2010
Each year the City prepares comprehensive financial statements that are audited and opined on by external auditors hired by the Brewer City Council. Because it receives more than $750,000 each year in federal funding, the City also has a Uniform Guidance audit prepared, which lists all of the federal funds received that year by the City and School and assesses the City’s compliance with requirements described in OMB’s
Uniform Guidance Compliance Supplement. Recent Financial Statement Audit and Uniform Guidance reports (formerly A-133s) are available below.