Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Audit topic
No spam. Unsubscribe anytime.
CRA audit: independent auditor issues clean opinion for FY2025
Summary
CBIZ partner Brandon Lopez told the Delray Beach CRA board the agency received an "unmodified, a clean opinion" on its fiscal year 2025 financial statements and that no compliance findings were identified; staff and board members praised the work that produced the healthy net position.
Brandon Lopez, partner with CBIZ, told the Delray Beach Community Redevelopment Agency on April 28 that the firm issued an "unmodified, a clean opinion" on the agency's financial statements for the fiscal year ended Sept. 30, 2025.
Lopez highlighted the statement of net position and the governmental fund statements, saying the agency's net position has trended upward in recent years and that the increase reflects funds set aside for upcoming CRA projects. "This opinion is what's called an unmodified, a clean opinion," he said, adding that the management discussion and analysis provides a useful seven‑page overview of year‑to‑year changes. He also told the board that, based on their sampling and compliance testing, "no issues were identified" that would require reporting to the Florida Auditor General.
Board members thanked staff for the work that supported the audit. Commissioner Burns said she had reviewed the statements and congratulated CRA staff. Vice Chair Malika praised staff and the auditor for clarifying how the agency's net position will be used to fund future projects.
The audit materials were issued at the end of March in advance of the state deadline, and Lopez said auditors limited their role to verifying that management's narrative was consistent with the audited financial numbers. The board did not ask for follow‑up actions at the meeting.
The CRA will include the audit reports and the management discussion and analysis in its public records submitted to the Florida Auditor General.
