The City Council is asked to approve Resolution No. 2022-03, which would establish an Auditor Selection Committee and a Committee Chair.  The primary purpose of the Committee will be to assist in the selection of an auditor to conduct the financial audit required by Florida Statute, Section 218.39.

The City’s current Auditor Selection Committee no longer meets the requirements under Florida Statute, Section 218.391, which was updated in 2019.  Now that the City’s independent audit services is up for renewal, the City will have to establish a new auditor selection committee under the following requirements:

• Florida Statute, Section 218.391, states that “the auditor selection committee for a municipality must consist of at least three members, one of which must be a member of the governing body and who must serve as the committee chair. 

   

• Florida Statute, Section 218.391, further states that “no employee may serve as a member of the auditor selection committee; however, an employee may serve in an advisory capacity.”

   

• The primary purpose of the auditor selection committee, as contemplated in Florida Statute, Section 218.391, is to assist in the selection of an auditor to conduct the financial audit required by Florida Statute, Section 218.39.

The tentative timetable for auditor selection is as follows:

           November 10, 2021               Distribution of Request for Proposals

           December 15, 2021               Return Deadline for RFP (2:00 p.m.)

           December 31, 2021               Tentative Preliminary Ranking

           January 10 - 21, 2022            Oral interviews with Finalists

           February 1, 2022                   Recommend Audit Firm to City Council