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HomeMy WebLinkAbout05.a 010626 Minutes Audit Finance MINUTES CLAY COUNTY UTILITY AUTHORITY AUDIT/FINANCE COMMITTEE MEETING January 6,2026 The Audit/Finance Committee of the Board of Supervisors of the Clay County Utility Authority (CCUA) met in CCUA's Operations Building Large Conference Room at 3176 Old Jennings Road, Middleburg, Florida, on the above-stated date. Item No. 1 —Call to Order Committee Chairman Petty called the meeting to order at 1:00 P.M. Item No. 2—Roll Call Committee Chairman Petty and Committee members Mr. Hingst and Mr. Bourre were in attendance. Board Chairman McNees and Board members Ms. Lebesch,Mr. McCall, and Mrs. Taylor also attended the meeting. Also present were Executive Director Jeremy Johnston, Chief Operations Officer Darryl Muse, 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 2024/2025 Fiscal Year Audit Mr. Chalifour reviewed the presentation prepared by his firm and the results of the 2024/2025 Fiscal Year Audit. He briefly discussed with the Committee the firm's Independent Auditor's Report, reporting requirements, revenue/expense trends, and other schedules which were included in the Financial Statements. Item No. 4—Committee Action After discussion, Mr. Hingst moved, seconded by Mr. Bourne, and carried 3-0, to accept the 2024/2025 Fiscal Year Audit for presentation to the Board at the January 6,2026,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 Petty adjourned the meeting at 1:25 P.M. Andrew Petty, Committee Chairman Janice Loudermilk, Recording Secretary Audit/Finance Committee Andrew Petty, Chairman Michael Hingst Michael Bourne January 6,2026 Audit/Finance Committee Meeting