a. In addition to reviews of audits conducted in accordance with 2 CFR Part 200, Subpart F

City Commission Regular Meeting · 2026-05-19 · agenda_item

This item concerns a planned agreement between the City of Fernandina Beach and an unnamed Agency regarding federal award monitoring. The agreement will outline procedures for reviewing audits and ensuring corrective actions are taken. This process may involve on-site visits and the review of financial and performance reports. The Agency must cooperate with monitoring procedures, inspections, reviews, investigations, or audits by the Department, the State of Florida Chief Financial Officer, or the State of Florida Auditor General. This is an early stage in the public process, focused on establishing compliance and oversight protocols. The work involves administrative and legal review, with potential future needs for auditing and financial reporting services. Local businesses specializing in legal services and accounting could find opportunities as this agreement is finalized and implemented.