News

May 7, 2015

SaxBST Recognized by the Municipal Electric Utilities Association

SaxBST HONORED AS CORPORATE MEMBER OF THE YEAR
BY MUNICIPAL ELECTRIC UTILITIES ASSOCIATION

ALBANY, N.Y., May 6, 2015 – SaxBST LLP and William C. Freitag, leader of the firm’s Governmental and Municipal Services Group, were recently presented with the Corporate Member of the Year Award by the Municipal Electric Utilities Association (MEUA) of New York State. The award honors corporate MEUA members for their commitment and service to the association, its members and the municipal utilities industry as a whole.

Freitag, a Partner at SaxBST since 1998, was also commended for his contribution to MEUA’s annual accounting and finance workshop last fall, where he presented on Accounting for Operating Property and its Implication on Future Rate Filings. Freitag is a frequent speaker and widely recognized expert on utilities audits, complex rate making, cost accounting issues, and employee benefit plan audits.  

Since 1930, the MEUA has been fulfilling its mission to foster and advance the efficient operation of publicly owned and operated electric systems including the production, distribution, conservation and prudent use of electric power and energy for public service. As a corporate member, SaxBST serves as a vital resource of industry knowledge and financial expertise to MEUA members and leadership.

SaxBST is a multi-disciplinary, forward-thinking accounting, tax and advisory firm serving the needs of closely held companies, family-owned businesses, not for-profit and governmental entities, and high-net-worth individuals.  The firm’s Governmental and Municipal Services Group has extensive experience providing auditing, accounting and financial consulting services to municipal electric utilities, public authorities, and governmental departments and agencies on the county, city, state and federal levels.

Based in Albany, N.Y.; Clifton, N.J.; and New York City, SaxBST has been ranked among the Top 100 firms in the nation by Inside Public Accounting and Accounting Today, as well as one of the top five performing firms in the Northeast Region by Inside Public Accounting.