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Sunny Isles Beach audit returns clean opinion; net position up about $7.4 million
Summary
Independent auditors issued an unmodified (clean) opinion on the city's FY2025 financial statements, reporting no findings or internal control deficiencies and a reported increase in net position of roughly $7.4 million to about $345.2 million.
Auditors from CBiz presented the City of Sunny Isles Beach's annual comprehensive financial report for the fiscal year ended Sept. 30, 2025, and delivered an unmodified opinion — commonly known as a "clean" opinion.
Elias Rodriguez, the engagement senior manager, told the commission the audit covered governmental and business-type activities and each major fund. Rodriguez summarized key figures: an opening net position near $337.8 million and a positive change in net position of about $7.4 million, producing an ending net position of roughly $345.2 million. He also highlighted the management discussion and analysis section and the notes to the financial statements as recommended reading.
City finance staff and the auditor said there were no material weaknesses or significant deficiencies in internal control reported for the year. The audit communications letter noted no disagreements with management and no difficulties encountered during the audit process.
Commissioners complimented the finance team and asked procedural questions about millage rates and budgeting; the auditor suggested management provide detailed answers on tax-rate impacts. The city manager and finance director said the results reflect continuing strong fiscal controls and consistent budget practices.
Speakers quoted in this article include Elias Rodriguez and city finance staff; the presentation was accepted with thanks by the commission.
