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CRA auditors issue clean opinion; agency posts $83.9 million net position for FY2024
Summary
Carlisha Jenkins, deputy chief financial officer for the City of Boca Raton, presented the Boca Raton Community Redevelopment Agency audited financial statements for the fiscal year ended Sept. 30, 2024; auditors issued an unmodified (clean) opinion and noted no internal-control or compliance findings.
Carlisha Jenkins, deputy chief financial officer for the City of Boca Raton, presented the Boca Raton Community Redevelopment Agency audited financial statements for the fiscal year ended Sept. 30, 2024, and said the statements include the auditor's report, management's discussion and analysis, basic financial statements and notes.
"This the year end audit and process to prepare the annual financial report for the CRA takes a tremendous effort to get to the finish line," Jenkins said. She highlighted that the CRA ended the year with more than $143,000,000 in total assets, including about $47,300,000 in capital assets; total liabilities of $575,000; deferred inflows of $58,500,000 related to Meisner Park ground…
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