Board members from each of the Lakewood Ranch Community Development Districts and the Inter-District Authority approved their 2013 audit reports today.
At the CDDs monthly meeting Thursday morning, Joe Welch of Purvis, Gray and Company, the accounting firm that conducted the audits, complimented Town Hall’s internal controls and deemed each of the districts to be in good financial health.
This is the first year that the boards contracted with Purvis, Gray and Company to complete the annual financial report, which must be completed no later than nine months after the end of the previous fiscal year.
These audit reports were for fiscal year 2013.
Board members described an auditing process that was more efficient than recent years.
“This is the first time we have had an audit in decent amount of time and it looked effortless,” said June Stroup, representing CDD 1.
See more on this story in the Feb. 27 East County Observer.
Contact Josh Siegel at [email protected].