Broward County Commission Regular Meeting
Director's Name: Stephen Farmer (Acting Director)
Department: Finance and Administrative Services Division: Accounting
Information
Requested Action
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MOTION TO FILE following financial statements and Audit Reports:
A. Broward County, Florida, Annual Comprehensive Financial Report, Fiscal Year ended September 30, 2024.
ACTION: (T-10:39 AM) Approved.
VOTE: 8-0. Vice-Mayor Bogen was not present.
B. Broward County, Florida, Reports in Accordance with Government Auditing Standards and Chapter 10.550, Rules of the Auditor General of the State of Florida, Fiscal Year ended September 30, 2024.
ACTION: (T-10:39 AM) Approved.
VOTE: 8-0. Vice-Mayor Bogen was not present.
C. Broward County Aviation Department, a Major Fund of Broward County, Florida, Financial Statements, Fiscal Year ended September 30, 2024.
ACTION: (T-10:39 AM) Approved.
VOTE: 8-0. Vice-Mayor Bogen was not present.
D. Broward County Port Everglades Department, a Major Enterprise Fund of Broward County, Florida, Annual Financial Report, Fiscal Year ended September 30, 2024.
ACTION: (T-10:39 AM) Approved.
VOTE: 8-0. Vice-Mayor Bogen was not present.
E. Broward County, Florida, Water and Wastewater Fund, a Major Fund of Broward County, Florida, Financial Statements, Fiscal Year ended September 30, 2024.
ACTION: (T-10:39 AM) Approved.
VOTE: 8-0. Vice-Mayor Bogen was not present.
F. Housing Finance Authority of Broward County (A Component Unit of Broward County, Florida), Annual Financial Statements, Fiscal Year ended September 30, 2024.
ACTION: (T-10:39 AM) Approved.
VOTE: 8-0. Vice-Mayor Bogen was not present.
G. Sheriff, Broward County, Florida, Special-Purpose Financial Statements, Fiscal Year ended September 30, 2024.
ACTION: (T-10:39 AM) Approved.
VOTE: 8-0. Vice-Mayor Bogen was not present.
H. Broward County Supervisor of Elections, Financial Statements, Fiscal Year ended September 30, 2024.
ACTION: (T-10:39 AM) Approved.
VOTE: 8-0. Vice-Mayor Bogen was not present.
I. Broward County Property Appraiser, Special Purpose Financial Statements, Fiscal Year ended September 30, 2024.
ACTION: (T-10:39 AM) Approved.
VOTE: 8-0. Vice-Mayor Bogen was not present.
J. Broward County, Florida, Statement of County Funded Court-Related Functions, Section 29.0085, Florida Statutes, Fiscal Year ended September 30, 2024.
ACTION: (T-10:39 AM) Approved.
VOTE: 8-0. Vice-Mayor Bogen was not present.
K. Broward County, Florida, Landfill Management Escrow Account, Schedule of Activity and Balances, Fiscal Year ended September 30, 2024.
ACTION: (T-10:39 AM) Approved.
VOTE: 8-0. Vice-Mayor Bogen was not present.
L. Broward County Clerk of the Circuit and County Court, Financial Statements, Fiscal Year ended September 30, 2024.
ACTION: (T-10:39 AM) Approved.
VOTE: 8-0. Vice-Mayor Bogen was not present.
M. Broward County, Florida, Transportation Surtax Program, Financial Statements, Fiscal Year ended September 30, 2024.
ACTION: (T-10:39 AM) Approved.
VOTE: 8-0. Vice-Mayor Bogen was not present.
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Why Action is Necessary
Pursuant to Broward County Administrative Code Section 3.4(b), all reports of the County’s External Auditors are to be submitted to the Board and for compliance with Sections 11.45 and 218.39, Florida Statutes.
Compliance with Florida Statutes (Statement of County Funded Court-Related Functions); Section 62-701.630(5) of the Florida Administrative Code (Landfill Management Escrow Account Schedule); and Section 10.550 of the Rules of the Auditor General for Local Governmental Entity Audits (County Clerk of the Circuit and County Court, Financial Statements).
What Action Accomplishes
Compliance with Chapter 3, Part I, Section 3.4(b) of the County’s Administrative Code and Sections 11.45 and 218.39, Florida Statutes.
Compliance with Section 3.4(b) of the Broward County Administrative Code; 14 Code of Federal Regulations, Part 158; and Sections 29.008 and 29.0085, Florida Statutes, Section 62-701.630(5) of the Florida Administrative Code.
Compliance with Section 10.550 of the Rules of the Auditor General for Local Governmental Entity Audits.
Goal Related Icon(s)
☐County Commission
☐Go Green
☐MAP Broward
Previous Action Taken
None
Summary Explanation/Background
THE FINANCE AND ADMINISTRATIVE SERVICES DEPARTMENT AND THE ACCOUNTING DIVISION RECOMMEND APPROVAL OF THE ABOVE MOTIONS.
Broward County’s Annual Comprehensive Financial Report (Exhibit 1) is an audit of the governmental activities, business-type activities, the aggregate discretely presented component units, each major fund and the aggregate remaining fund information of the County as of and for the year ended September 30, 2024. The audit was conducted in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States.
The County’s Reports in accordance with Government Auditing Standards and Chapter 10.550, Rules of the Auditor General of the State of Florida, for the year ended September 30, 2024 are attached as Exhibit 2. This document includes the Independent Auditor’s Report on internal control over financial reporting and on compliance and other matters based on an audit of financial statements performed in accordance with Government Auditing Standards, the Independent Accountant’s Report pertaining to compliance with the requirements of Florida Statute Section 218.415, the Independent Accountant’s Report pertaining to compliance of Sections 365.172 and 365.173, Florida Statutes, and the Independent Auditor’s Management Letter. The Management Letter includes a Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards that identified a significant but non-material deficiency in internal control over revenue accruals for Passenger Facilities Charge revenue by the Aviation Department, the Auditor’s recommendation, and Management’s response.
The Aviation Department, the Port Everglades Department, and the Water and Wastewater Fund financial statements (Exhibits 3, 4, and 5 respectively) were audited in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. These reports include the Independent Auditor’s Report on internal controls over financial reporting and on compliance and other matters based on an audit of financial statements performed in accordance with Government Auditing Standards. No findings were reported for the Port Everglades Department or the Water and Wastewater Fund. The financial statements for the Aviation Department include a Report on Internal Control Over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards that identified a significant but non-material deficiency in internal control over revenue accruals for Passenger Facilities Charge revenue by the Aviation Department, the Auditor’s recommendation, and Management’s response.
The Housing Finance Authority of Broward County, Florida, Financial Statements (Exhibit 6) was audited in accordance with auditing standards generally accepted in the United States of America and the standards appliable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. The report includes the Independent Auditor’s Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements performed in accordance with Governmental Standards and an Independent Accountant’s Report pertaining to compliance with the requirements of Section 218.415, Florida Statutes. The report also includes a management letter. No findings were reported for the Housing Financial Authority.
The Sheriff, Broward County, Florida, Special-Purpose Financial Statements (Exhibit 7); the Broward County Supervisor of Elections Financial Statements (Exhibit 8); and the Broward County Property Appraiser Special Purpose Financial Statements (Exhibit 9) were audited in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States.
The Statement of County Funded Court-Related Functions (Exhibit 10) was examined in accordance with Attestation Standards established by the American Institute of Certified Public Accountants. The report is in compliance with Sections 29.008 and 29.0085, Florida Statutes.
The Schedule of Activity and Balances of the Landfill Management Escrow Account (Exhibit 11) was audited in accordance with auditing standards generally accepted in the United States of America. The report is in compliance with Section 62-701.630(5) of the Florida Administrative Code.
The Clerk of the Circuit and County Court Financial Statements (Exhibit 12) was audited in accordance with auditing standards generally accepted in the United States of America and the standards appliable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. The report is in compliance with Section 10.550, Rules of the Auditor General for Local Governmental Entity Audits.
The Broward County Transportation Surtax Program Financial Statements (Exhibit 13) was audited in accordance with auditing standards generally accepted in the United States of America and the standards appliable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States.
Source of Additional Information
William O’Reilly, Director, Accounting Division, (954) 357-7212
Jason Watkins, Assistant Director, Aviation Department, (954) 359-7208
Ron Thomas, Enterprise Director of Finance, Water and Wastewater Services Division, (954) 831-0710
Leah Brasso, Enterprise Director of Finance, Port Everglades, (954) 468-3513
Fiscal Impact
Fiscal Impact/Cost Summary
There is no fiscal impact.