Accomplishments

Awards, Achievements & Accomplishments

• Issuer Rating Change:  On February 28, 2024, Moody’s Investors Service upgraded the City of Brunswick, Ohio, issuer rating to Aa1 from Aa2 on outstanding general obligation limited tax debt and the City’s General Obligation (unlimited Tax) Fire Station Improvement Bonds, Series 2024.

• The finances of the City of Brunswick continue to improve each year. 2023 marked the fourteenth consecutive year that the City not only balanced its budget but saved to expand future infrastructure projects without the need to seek additional tax revenues for those projects.

• Completed and released the 2022 Annual Comprehensive Financial Report.  This report was audited by Zupka & Associates and the City of Brunswick received an “unqualified” opinion.  An “unqualified opinion” is the best opinion one can receive.  The Government Finance Officers Association is currently reviewing our 2022 Annual Comprehensive Financial Report, but remain behind schedule as they continue to recover from the global health pandemic.  We believe we will receive our 40th Certificate of Achievement for Excellence in Financial Reporting Award from the Government Finance Officers Association. We currently expect our audit to be completed and our 2023 Annual Comprehensive Financial Report to be released before June 30, 2024.

• Compiled the 2024 budget, which balances being fiscally responsible while addressing much needed infrastructure projects.  The 2024 Budget has also been set up to provide the best possible services to its residents, businesses, and visitors.  The budget document is quite extensive, very detailed and is available on the City’s website (www.brunswick.oh.us).  This budget document includes a click and link table of contents to specific areas and is user friendly, informative, and transparent.