TO: Mayor and Commission AGENDA DATE: 7/15/2024
FROM: City Manager AGENDA ITEM: 4 - A
SUBJECT:
Title
Report - Purvis Gray CPA Financial Statements and Independent Auditor’s Report of the Southwest Deltona Community Redevelopment Area (CRA) - City Manager (386) 878-8850.
Body
LOCATION:
City of Deltona CRA
COST:
N/A
SOURCE OF FUNDS:
N/A
ORIGINATING DEPARTMENT:
Finance Department
STAFF RECOMMENDATION PRESENTED BY:
City Manager
POTENTIAL MOTION:
Recommendation
“I hereby move to accept the Purvis Gray Financial Statements and Independent Auditor’s Report of the Southwest Deltona Community Redevelopment Area.”
END
BACKGROUND:
Background
Consistent with State law, every year, the City of Deltona finances are audited. Part of the audit effort includes a stand-alone financial review of the City CRA. The audit time frame was from October 1, 2022, to September 30, 2023. According to the audit information the CRA fund balance as of September 30, 2023 is $1,526,124.
The Purvis Gray audit did not reveal any “internal control” deficiencies or any “material weaknesses”. Also, the Purvis Gray report indicated that the CRA is financially managed in compliance with applicable State law.
For more information see the attached Purvis Gray audit of the Southwest Deltona CRA.
End