Council Auditor Kim Taylor to discuss:

Finance Committee · 2026-05-19 · agenda_item

The City of Jacksonville Finance Committee is reviewing several financial reports and audits. These include discussions on the General Fund/General Services District FY 2024/25 Recapture, a follow-up on a Stormwater Fee Audit with seven unresolved issues, a Quarterly Summary showing a favorable budget variance, and an Employee Reimbursements Audit highlighting timeliness and control weaknesses. The Administration is considering using discretionary funds for completion grants. The Finance Committee is also looking into the hurricane account. This review process is early in the public agenda, indicating potential future needs for services related to financial management, auditing, and possibly stormwater system improvements. Contractors, suppliers, and service providers in areas like financial consulting, auditing, and potentially civil engineering or construction related to stormwater infrastructure may find opportunities by engaging early before specific projects or bids are finalized.

unresolved issues

7

favorable budget variance

9.9 million