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Pembroke Park finance director reports surplus, new senior accounting hire and audit RFP schedule
Summary
Finance Director James Daverman told the commission the general fund is tracking ahead of budget, the town hired a senior accounting manager who starts Feb. 3, and an audit‑selection committee will meet Feb. 5 to review four audit proposals.
James Daverman, budget and finance director, told the commission on Jan. 29 that year‑to‑date revenues are ahead of budget and the town is in a “very strong financial position.” He said revenue collections through Jan. 24 were ahead of projections by about $3 million and that, on the expense side, the town was underspent versus budget, leaving a general‑fund surplus of roughly $2.3 million at the time of the report.
Daverman announced the hiring of Lizette Rodriguez as senior accounting manager; she brings 15 years of accounting and audit experience and is scheduled to start Feb. 3. He also said the town received four bids for the annual audit and that the audit‑selection committee will meet Feb. 5 to review proposals.
Daverman noted some capital departments (building, sewer, stormwater) are still ramping up projects and that larger outlays are expected as those projects proceed. He said department variances are generally positive and that the town expects to provide further updates on project‑level spending in future reports.
Commissioners confirmed the audit‑selection meeting date and thanked Daverman for the hiring and the financial update. No formal motions or votes were recorded during the finance presentation.
