ACFR - FY2021 FINAL 5-13-22 USE THIS ONE - Flipbook - Page 178
Honorable Mayor and City Commissioners
City of Eustis
Eustis, Florida
MANAGEMENT LETTER
Pursuant to Sections 10.554(1)(i)5.b. and 10.556(8), Rules of the Auditor General, we applied financial
condition assessment procedures for the City. It is management’s responsibility to monitor the City’s
financial condition, and our financial condition assessment was based in part on representations made
by management and review of financial information provided by same.
Section 10.554(1)(i)2., Rules of the Auditor General, requires that we communicate any
recommendations to improve financial management. In connection with our audit, we have the
following current year recommendations included in the attached Management Letter Comments.
Special District Component Units
Section 10.554(1)(i)5.c., Rules of the Auditor General, requires, if appropriate, that we communicate the
failure of a special district that is a component unit of a county, municipality, or special district, to provide
the financial information necessary for proper reporting of the component unit within the audited
financial statements of the county, municipality, or special district in accordance with
Section 218.39(3)(b), Florida Statutes. In connection with our audit, we did not note any special district
component units that failed to provide the necessary information for proper reporting in accordance with
Section 218.39(3)(b), Florida Statutes.
As required by Section 218.39(3)(c), Florida Statutes, and Section 10.554(1)(i)6, Rules of the Auditor
General, the Eustis Community Redevelopment Agency (CRA) reported this information in the CRA’s
separately issued financial statements.
Additional Matters
Section 10.554(1)(i)3., Rules of the Auditor General, requires us to communicate non-compliance with
provisions of contracts or grant agreements, or abuse, that have occurred, or are likely to have occurred,
that have an effect on the financial statements that is less than material but warrants the attention of
those charged with governance.
Purpose of this Letter
Our management letter is intended solely for the information and use of the Legislative Auditing
Committee, members of the Florida Senate and the Florida House of Representatives, the Florida Auditor
General, State granting agencies, the Honorable Mayor, City Commissioners, and applicable
management, and is not intended to be, and should not be, used by anyone other than these specified
parties.
We wish to take this opportunity to thank you and your staff for the cooperation and courtesies extended
to us during the course of our audit. Please let us know if you have any questions or comments
concerning this letter, our accompanying reports, or other matters.
May 6, 2022
Ocala, Florida
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