Legislation Details

File #: ID 24-3648    Version: 1 Name:
Type: Presentation Status: Agenda Ready
File created: 5/27/2024 In control: City Council
On agenda: 6/3/2024 Final action:
Title: Presentation - Fiscal Year 2023 Annual Comprehensive Financial Report - Guillermo Polanco, CPA, Director, Finance
Attachments: 1. 2023 Auditor's Discussion & Analysis - City of Marco Island, 2. 2023 City of Marco Island - Final 5-21-24
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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Agenda Item:  8(b)

Prepared By:  Guillermo Polanco, CPA, Director

Business:  Presentation

Department:    Finance

Subject:

Title

Presentation - Fiscal Year 2023 Annual Comprehensive Financial Report - Guillermo Polanco, CPA, Director, Finance

Body                     

 

 

BACKGROUND: 

 

The financial audit of the City’s records for the fiscal year ending September 30, 2023, was performed by the Certified Public Accounting (CPA) firm of Mauldin & Jenkins, LLC.  The Annual Comprehensive Financial Report (ACFR) for 2023 is attached and will be posted on the City’s website as required by Florida Statutes.  In addition, the City received the Certificate of Achievement for Excellence in Financial Reporting for the 2022 ACFR from the GFOA (Government Finance Officers Association).

 

Representatives from the CPA firm will make a brief presentation on the audit report. 

 

 

FUNDING SOURCE / FISCAL IMPACT:  N / A

 

 

RECOMMENDATION:  N/A

 

 

POTENTIAL MOTION:  No Action, for information only.