Ordinance 2024-611 - Laserfiche WebLink

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CITY op City Commission Marcum LLP, our independent audit firm, has issued unmodified opinions on the City's financial statements for the fiscal year ended September 30, 2023. The La Svechin independent auditors' report is located at the front of the financial section of this Mayyoror report. Alex Lama Vice Mayor An unmodified opinion is issued when an auditor believes that the financial Jerry Joseph statements are free from material misstatement. Information is considered Commissioner material if the omission or misstatement can influence the economic decision of users of the financial statements. Fabiola Stuyvesant Commissioner The City's financial statements have been prepared using the reporting model in Jeniffer Viscarra accordance with Governmental Accounting Standards. Management's Commissioner Discussion and Analysis (MD&A) immediately follows the independent auditors' report and provides a narrative introduction, overview, and analysis of the basic financial statements. MD&A complements the letter of transmittal and Stan Morris should be read in conjunction with it. City Manager Mauricio Betancur THE CITY OF SUNNY ISLES BEACH City Clerk, CMC Profile The City occupies 1.78 square miles in the northeastern corner of Miami -Dade County, the most populated county in the State of Florida. With an estimated population of 21,996 people, the City ranks 15th in population amongst the 34 municipalities in the County (Sources: US Census Bureau 2022 Census Estimates). The City is located on a barrier island bounded by the Atlantic Ocean on the east and the Atlantic Intracoastal Waterways on the west. The City has been developed primarily for residential purposes. The City was incorporated in 1997 and operates under a Council -Manager form of government. Policy-making and legislative authority are vested in the governing commission, which consists of a Mayor and four Commissioners. The City Commission is vested with policy -setting authority, adopting the annual budget, approving general purchases and services of the governmental operations, appointing committees, and hiring the City Manager, City Clerk and City Attorney. The City Manager is responsible for recommending and carrying out the policies and ordinances of the City Commission, appointing the directors of the City's departments, hiring of staff, submitting a proposed annual budget, advising the Commission as to the financial condition of the City, and overseeing the day-to-day operations of the City. ii CITY OF SUNNY ISLES BEACH 18070 Collins Ave, Sunny Isles Beach, FL33160--- --------_.__ sibfl.net 1305.947.0606