ACFR - FY2020 5-28-21 FINAL - Flipbook - Page 168
Honorable Mayor and City Commissioners
City of Eustis
Eustis, Florida
MANAGEMENT LETTER
Financial Condition and Management
Sections 10.554(1)(i)5.a. and 10.556(7), Rules of the Auditor General, require us to apply appropriate
procedures and communicate the results of our determination as to whether or not the City has met one
or more of the conditions described in Section 218.503(1), Florida Statutes, and to identify the specific
condition(s) met. In connection with our audit, we determined that the City did not meet any of the
conditions described in Section 218.503(1), Florida Statutes.
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.
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.
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May 26, 2021
Ocala, Florida
151
