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File #: 18-0608 CRA    Version: 1 Name:
Type: CRA Report Status: Agenda Ready
File created: 6/16/2020 In control: Community Redevelopment Agency
On agenda: 6/23/2020 Final action:
Title: AMENDMENT TO CRA ACCOUNTING POLICIES AND PROCEDURES MANUAL
Attachments: 1. Agenda Cover Report, 2. Exhibit A - Financial Policies Procedures Agenda Draft
Date Ver.Action ByActionResultAction DetailsMeeting DetailsVideo
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TO:                                           CRA Board of Commissioners

FROM:                      Renée A. Jadusingh, Esq., Executive Director

DATE:                      June 23, 2020

 

Title

AMENDMENT TO CRA ACCOUNTING POLICIES AND PROCEDURES MANUAL

 

Body

Recommended Action:

Recommendation

Approve the proposed amendments to “Accounting Policies and Procedures Manual” for the Delray Beach Community Redevelopment Agency.

 

Body

Background:

Revisions to the CRA Accounting Policies and Procedures Manual were last approved by the CRA Board on July 9, 2019 (“Policy”).  This Policy provides Staff with guidance on the CRA’s accounting systems and processes.  

 

During the financial audit for fiscal year 2018-2019, our auditors, Caler, Donten, Levine, Cohen, Porter, & Veil, PA made recommendations in Compliance Report and Management Letter on how to improve the CRA internal controls and financial management.  CRA Staff prepared a response to the (“Letter”) which addressed each recommendation.  In order to assist Staff with implementing the recommendations, the Policy was updated accordingly.

 

Staff recommends that the CRA Board approve the amended CRA Accounting Policies and Procedures Manual.

 

 

 

Attachment(s): Exhibit A - CRA Accounting Policies and Procedures Manual (redline version)