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Town Council hires Project Point as outsourced finance firm after discussion of controls and vendor transition
Summary
The Town of Loxahatchee Groves approved a contract with Project Point Inc. to provide accounting and finance services, replacing the prior vendor, with a 60‑day termination clause and a plan for follow‑up briefings with the FACT budget advisory committee.
The Town Council voted 5-0 on May 6 to hire Project Point Inc. as the town's outsourced accounting firm and to terminate the prior arrangement with Munalytics, approving a contract with an annualized cost the council described at about $116,000 and a 60‑day termination provision. Town Manager Francine Romagna introduced the contract terms; David Delena, president of Project Point, described the firm’s experience working with small municipalities and its emphasis on automation and five‑year forecasting. Council members asked for…
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