Get Full Government Meeting Transcripts, Videos, & Alerts Forever!

City Finance Department Faces Crisis Over Unauthorized Bank Accounts

October 24, 2024 | City of Opa-locka, Miami-Dade County, Florida

Subscribe

This article was created by AI summarizing key points discussed. AI makes mistakes, so for full details and context, please refer to the video of the full meeting. Please report any errors so we can fix them. Report an error »

City Finance Department Faces Crisis Over Unauthorized Bank Accounts
In a recent government meeting, officials discussed the alarming discovery of 18 unauthorized bank accounts opened without the city commission's consent. Finance Director Naeem McGann confirmed that while no funds were deposited or withdrawn from these accounts, they incurred fees totaling $160 each due to inactivity. The commission raised concerns about the legality of these accounts, questioning whether their establishment constituted a criminal act or merely a violation of city ordinances.

The city attorney indicated that while the accounts were not authorized, determining if any criminal activity occurred would require further investigation. The finance director noted that the accounts were opened in August 2023, and although they are currently inactive, the city must address the fees and consider legislative action to close them.

Additionally, the finance department's staffing challenges were highlighted, with McGann reporting that the department is currently short-staffed, operating with only six employees instead of the ideal ten. Despite receiving over 250 applications for a data analyst position, most candidates lacked the necessary accounting background. The discussion included the potential for contracting temporary staff to fill gaps, although McGann expressed a preference for hiring full-time employees.

Commissioners emphasized the need for a strategic approach to recruitment, suggesting that increased funding for advertising and outreach could attract qualified candidates. The meeting underscored the importance of a fully staffed finance department to ensure proper oversight and management of city funds, especially in light of the recent unauthorized account issue.

View full meeting

This article is based on a recent meeting—watch the full video and explore the complete transcript for deeper insights into the discussion.

View full meeting

Sponsors

Proudly supported by sponsors who keep Florida articles free in 2025

Republi.us
Republi.us
Family Scribe
Family Scribe