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Village of Palmetto Bay, Florida April 28, 2021 Page 3 Other Audit Findings or Issues We generally discuss a variety of matters, including the application of accounting principles and auditing standards, with management each year prior to retention as the Village’s auditors. However, these discussions occurred in the normal course of our professional relationship and our responses were not a condition to our retention. 2020 Comprehensive Annual Financial Report. The Schedule of Findings and Responses which includes our audit finding and Appendix A reflecting the Current Year Recommendation to Improve Financial Management, are included in the reporting section of the Village’s Comprehensive Annual Financial Report and includes a significant deficiency and a management letter comment (observation and recommendation) along with management’s responses to correct/improve (corrective action plan) these reported matters and a status of prior year findings and recommendations. 2019 Report On The Schedule Of Expenditures Of Federal Awards (SEFA) And Reporting Required By Uniform Guidance Certain qualifying expenditures were excluded originally from the fiscal year 2019 SEFA, which caused the 2019 SEFA to be understated initially and not meet the threshold requirement to be subject to a federal single audit in accordance with Uniform Guidance. This item is reported as a significant deficiency and as an instance of noncompliance (SD2019-002) and is reported in the stand-alone 2019 Report on the Schedule of Expenditures of Federal Awards And Reporting Required By Uniform Guidance. Other Matters Required Supplementary Information We applied certain limited procedures to Management’s Discussion and Analysis (MD&A), the budgetary comparison Schedule for the General Fund, and the Schedule of Changes in the Total OPEB Liability and Related Ratios, which are required supplementary information (RSI) that supplements the basic financial statements. Our procedures consisted of inquiries of management regarding the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We did not audit the RSI and do not express an opinion or provide any assurance on the RSI. Other Information We were engaged to report on supplementary information other than RSI (Combining and Individual Fund Financial Statements), which accompany the financial statements but are not RSI. With respect to this supplementary information, we made certain inquiries of management and evaluated the form, content, and methods of preparing the information to determine that the information complies with accounting principles generally accepted in the United States of America, the method of preparing it has not changed from the prior period, and the information is appropriate and complete in relation to our audit of the financial statements. We compared and reconciled the supplementary information to the underlying accounting records used to prepare the financial statements or to the financial statements themselves. FOR PROPOSAL PURPOSES ONLY - DO NOT DISTRIBUTE