Item Coversheet

5919 MAIN STREET .  NEW PORT RICHEY, FL 34652 . 727.853.1016


TO:Members of the Community Redevelopment Agency
FROM:Crystal M. Dunn, Finance Director
DATE:4/15/2025
RE:Authorizing the Execution of FY24 CRA Audit Engagement Letters - Page 34

REQUEST:
The request is for the CRA Board to authorize execution of the Community Redevelopment Agency of the City of New Port Richey Audit Engagement Letters for FY24 with Mauldin & Jenkins.


DISCUSSION:

On December 7, 2021, the City Council approved Resolution 2022-03 Establishing an Auditor Selection Committee and a Committee Chair, in accordance with Florida Statute 218.391. The resolution states that the Committee shall have the primary purpose of assisting the City Council in the selection of an auditor to conduct the City’s annual financial audit. The committee consisted of all five (5) current City Council members with the Mayor appointed as the Chair of the Committee. 

 

On February 15, 2022, the City Council awarded RFP No. 2022-001, Independent Audit Services, to Mauldin & Jenkins, LLC for three (3) audit years (FY2021-FY2023) with engagement letters for audit services executed each fiscal year. 

 

Mauldin & Jenkins, LLC is listed in the State’s master services agreement to perform Financial and Performance Audits, Department of Management Services Contract No. 84111600-20-1 with an effective period of March 01, 2021 through February 28, 2027.

 

On April 1, 2025, City Council authorized management to piggyback on the state contract and move forward with the execution of the FY24 audit engagement letters authorizing Mauldin & Jenkins to perform the external financial audit for the City of New Port Richey.




RECOMMENDATION:
Staff recommends that the CRA Board authorize execution of the Mauldin & Jenkins engagement letters for audit services related to fiscal year ended September 30, 2024.


BUDGET / FISCAL IMPACT:
Funds have been budgeted in the Redevelopment Fund for FY2024-2025 in the amount of $5,500 for costs related to the audit of the CRA's financial statements covering the period ending September 30, 2024.
ATTACHMENTS:
DescriptionType
2024 CRA Audit Engagement LetterBackup Material
2024 CRA Examination Engagement LetterBackup Material