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DDA reviews audit status, financials and watches state ad‑valorem legislation
Delray Beach Downtown Development Authority Board · January 13, 2026
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Summary
Staff updated the board on internal and state audit activity and October financials; counsel warned of multiple bills at the state level (including SB 840) that could affect ad‑valorem revenue, and board discussed the potential need to engage a lobbyist or partner with city lobbyists.
DDA staff reported ongoing audit work (internal operational audit responses and a CBIZ financial audit in progress) and reviewed October financials, noting a timing lag because many revenue receipts post in November. Staff said the DDA was operating on reserves earlier in the…
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