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RFP No. 07-04-01 Professional Audit Services
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BKR Garcia & Co.
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Last modified
1/28/2011 9:51:36 AM
Creation date
1/28/2011 9:50:20 AM
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CityClerk-Bids_RFP_RFQ
Project Name
Prof. Audit Services
Bid No. (xx-xx-xx)
07-04-01
Project Type (Bid, RFP, RFQ)
RFP
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<br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br />I <br /> <br />APPENDIX III - MANAGEMENT LETTERS DEVELOPED AND ISSUED IN CONNECTION WITH LOCAL GOVERNMENT AUDITS <br /> <br />TOWN OF SOUTHWEST RANCHES, FLORIDA <br />SCHEDULE OF FINDINGS AND RECOMMENDATIONS <br />SEPTEMBER 30, 2005 <br />(CONTINUED) <br /> <br />SECTION 11- STATUS OF PRIOR YEAR FINDINGS AND RECOMMENDATIONS (CONTINUED) <br /> <br />2001-3 Expenditures Incurred Over Appropriations <br /> <br />Condition <br /> <br />In accordance with the 2001 Florida Statutes Title XII Chapter 166.241 (3) and the Town Charter Section <br />3.09, a municipality's budget must regulate expenditures and it is unlawful for any officer of a municipal <br />government to expend or contract for expenditures in any fiscal year except in pursuance of budgeted <br />appropriations. The Town's expenditures exceeded appropriations by approximately $3.6 million in the <br />general fund. <br /> <br />Recommendation <br /> <br />We recommend that the Town comply with the Florida Statutes regarding compliance with budgeted <br />appropriations. If expenditures exceed appropriations, then the Town should amend the budget for <br />supplemental appropriations by ordinance or resolution, as appropriate. <br /> <br />Status <br /> <br />The Town has not implemented this recommendation. This comment will be repeated. <br /> <br />Management's Response <br /> <br />Management included $53,215 within the 2006 adopted budget to provide for the increased funding for <br />BSO Law Enforcement services related to 2005. This appropriation was fully anticipated and budgeted. <br />An adjusting journal entry as a result of the audit has created the situation identified in this finding. <br />Management has not incurred and expenditure over appropriations on this item. <br /> <br />I <br />I <br />I <br /> <br />I <br />I <br /> <br />16 <br />
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