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HomeMy WebLinkAbout05.a 020425 Audit Finance Minutes MINUTES CLAY COUNTY UTILITY AUTHORITY AUDIT/FINANCE COMMITTEE MEETING February 4, 2025 The Audit/Finance Committee of the Board of Supervisors of the Clay County Utility Authority (CCUA)met in CCUA's Large Conference Room at 3176 Old Jennings Road, Middleburg, Florida, on the above-stated date. Item No. 1 —Call to Order Committee Chairman McNees called the meeting to order at 1:00 P.M. Item No. 2—Roll Call Committee Chairman McNees and Committee member Mr. Petty were in attendance. Board Chairman Lebesch and Board member Mrs. Taylor also attended the meeting. Also present were Executive Director Jeremy Johnston, Chief Financial Officer Karen Osbourne, Senior Accountant Theresa Antonucci, Grady H. Williams, Jr., legal counsel to the CCUA and Zach Chalifour of James Moore & Co. P.L. Item No. 3 —Discussion regarding the preparation of and the presentation of the 2023/2024 Fiscal Year Audit Mr. Chalifour reviewed the PowerPoint presentation prepared by his firm and the results of the 2023/2024 Fiscal Year Audit. He briefly discussed with the Committee the firm's Independent Auditor's Report, reporting requirements, and other schedules which were included in the Financial Statements. Item No. 4—Committee Action After discussion, Mr. Petty moved, seconded by Committee Chairman McNees, and carried 2-0, to accept the 2023/2024 Fiscal Year Audit for presentation to the Board at the February 4, 2025, meeting. Item No. 5 —Public/Supervisor Comments The members in attendance congratulated staff on a successful audit and thanked the team from James Moore & Co. P.L. for their efforts. Item No. 6 Adjournment Committee Chairman McNees adjourned the meeting at 1:52 P.M. Chris McNees, Committee Chairman Janice Loudermilk, Recording Secretary Audit/Finance Committee Chris McNees, Chairman Michael Bourre Andrew Petty February 4, 2025 Audit/Finance Committee Meeting