Loxahatchee Groves advisory committee flags recurring budget overruns, backs travel controls and CFO search

The Financial Advisory Committee (FACT) of the Town of Loxahatchee Groves reviewed the town's 2024 audit and 2025 year-to-date financial reports and voted to recommend a formal travel-and-expense policy and the selection of a CFO with a cost‑reduction focus.

Committee Chairperson Manish Sood told the committee that while some revenues exceeded expectations in 2024, recurring expense overshoots and the budget's continued reliance on reserves pose a risk to the town's cash flow and capital program. "Ten percent of our operating budget is going towards legal," Sood said, urging clearer budget controls and documentation of large items such as legal invoices and capital purchases.

Sood's presentation identified specific categories with significant variances: legal fees, capital equipment leases, engineering, machinery…