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CFO says 2023 ACFR near complete but will include findings; village forms audit committee and will re‑bid audits
Summary
CFO Maite Gamio said the 2023 ACFR is essentially complete but carries two findings (late submission and HR documentation), the village will not receive the GFOA certificate for 2023 and a three‑person audit committee was created to oversee an upcoming RFP for auditors.
Maite Gamio, the village CFO, said the auditors have sent a draft of the 2023 ACFR and that the village expects two findings: the report was submitted late and some human‑resources documents for prior employees were not on file. She said the village will present the ACFR to the commission in March and will submit the draft to the state prior to that presentation.
"The findings are the 1st 1 is because it was submitted late. And the 2nd is due to lack of responsibility with HR documents," Gamio said. She added the village will submit the ACFR to the GFOA and to the state and that auditors will present to the commission in March.
Staff said Florida law now requires an audit committee before publishing an RFP for audit services. The board selected an audit committee consisting of the commission liaison (who will serve as the commissioner representative), Sandra Sifkin (CFO at Bay Harbor) and Paul Jacobs (FAB member) to review bids and recommend finalists to the commission.
