Draft of Audit Shows BREC is Making Progress Recovering from the Historic Flood of 2016
BREC’s external auditor, Postlethwaite & Netterville, has submitted a preliminary draft of BREC’s 2017 annual audited financial statements to the Louisiana Legislative Auditor (LLA) as required by state law. The draft audit report, which cannot be finalized and released publicly until it is reviewed and approved by the LLA, shows that revenues generated from BREC’s programs and services have returned to pre-flood levels – increasing from $9,839,713 in 2016 to $10,137,338 in 2017, or a total increase of 3%.