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Inspector General audit flags $661,000 discrepancy in Miami Beach Marina lease accounting; committee keeps lease extension discussion open

3218896 · May 8, 2025
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

An inspector general audit, presented at committee, found a $661,000 assessment for a single year (Feb. 2022) related to revenue calculations under the Miami Beach Marina lease; Suntex disputed the findings and the committee directed staff to continue negotiations and follow-up with legal and finance review.

An audit by the City of Miami Beach Inspector General, presented to the Finance and Economic Resiliency Committee on May 7, identified a $661,000 difference for the audit year February 2022 related to revenue calculations under the Miami Beach Marina lease. The Committee heard the audit findings, received a detailed response from the marina operator’s counsel, and did not approve any lease extensions at the meeting; instead the Committee asked staff to continue negotiations and to return when there is an agreed path forward.

Inspector General Joseph Santorino said his office’s audit — which began in February 2023 and concluded with a report issued on April 17, 2025 —…

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