Special purpose governmental entities have one primary purpose: to redevelop and enhance local communities. Heavily controlled by state and local government, these organizations often reallocate property taxes for special purposes or impose special assessment taxes, usually to improve the infrastructure of the area.

Due to the structure of government organizations and their reporting requirements, the audit process often warrants supplemental financial information. MFR’s special-purpose team is familiar with the reporting requirements unique to governmental entities, and is therefore highly qualified to help you successfully navigate the entire process. We have been auditing Tax Increment Reinvestment Zones (TIRZ) and management districts since our inception. Our assurance services designed for government organizations include:

• Audited financial statements
• Agreed-upon procedures
• Financial advisory services

By applying our business and governmental knowledge, we provide our clients with much more than a financial and compliance audit. MFR’s professionals provide our clients valuable insight about how to strengthen controls and manage risk related to state and local program compliance.

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