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. ~ ~ ~ ~ ~ ~ . ~ ~ ~ ~ ~ ~ ~ ~ J ~ ~ l ~ ~ l ~ l ~ l l I l l I I I I I Management Letter in Accordance with the Rules of the Auditor General of the State of Florida Honorable Mayor, City Commission and City Manager City of Sunny Isles Beach, Florida We have audited the basic financial statements of the governmental activities, the business-type activities and each major fund of the City of Sunny Isles Beach, Florida (the City) as of and for the year ended September 30, 2006, which collecti vely comprise the City's basic financial statements, and have issued our report thereon dated January 19,2007. We conducted our audit in accordance with United States generally accepted auditing standards, and Covernment Auditing Standards issued by the Comptroller General of the United States. We have issued our Report of Independent Certified Public Accountants on Internal Control over Financial Reporting and on Compliance and Other Matters. Disclosures in this report, which is dated January 19,2007, should be considered in conjunction with this management letter. Additionally, our audit was conducted in accordance with the provisions of Chapter 10.550, Rules of the Auditor General, which govern the conduct of local governmental entity audits performed in the State of Florida and require that certain items be addressed in this letter. The Rules of the Auditor General (Section I 0.554( I )(h) I.) require that we address in the management letter, if not already addressed in the auditor's report on compliance and internal controls or schedule of findings and questioned costs, whether or not recommendations made in the preceding annual financial report have been followed. The recommendations made in the preceding annual financial audit report have not been corrected and can be found in the schedule of findings and responses. As required by the Rules of the Auditor Genera] (Section 10.554(1)(h)2.), the scope of our audit included a review of the provisions of Section 218.415., Florida Statutes, regarding the investment of public funds. In connection with our audit, we determined that the City of Sunny Isles Beach complied with Section 218.415, Florida Statutes. The Rules of the Auditor General (Section 10.554(1)(h)3.) require that we address in the management letter any findings and recommendations to improve financial management, accounting procedures, and internal controls. Our audit disclosed two matters that were repeated from prior year and are in the schedule of findings and responses. The Rules of the Auditor General (Section ]0.554(1)(h)4.) require disclosure in the management letter of the following matters if not already addressed in the auditor's reports on compliance and internal controls or schedule of findings and questioned costs and are not clearly inconsequential: (I) violations of laws, -5-