Agenda 12/07/2017 Heritage Bay Community Development District
Board of Supervisors
o Edwin Hubbard,Chairman ❑Bob Koncar,District Manager
u John May,Vice Chairman o Justin Faircloth,District Manager
o Dennis Gagne,Assistant Secretary u Gregory Urbancic,District Counsel
o F.Jack Arcurie,Assistant Secretary o Jeffrey Satfield,District Engineer
o Philip J.Magnarella,Assistant Secretary
Regular Meeting Agenda
December 7,2017—9:00 a.m.
Audit Committee Meeting
1. Roll Call
2. Ranking of Audit Firm Proposals
3. Adjournment
Board Meeting
1. Roll Call
2. Approval of Agenda
3. Public Comments on Agenda Items
4. Engineer's Report
A. CPH Lake 30A/30B Erosion Restoration Project
i.Quality Enterprises Contract Update
B. Hurricane Damage Erosion Restoration Project
i.Bid Notification and Pre-bid Meeting Update
ii.Bridge Retaining Wall Damage Inspection Update
iii. FEMA Update
C. Update on the Engineer's Report Necessary for Loan
D. Stonnwater Management Rules and Policies Update
E. Lake 20 North Bank Berm Update
5. Attorney's Report
A. Loan Update
i.Recommendation by PRAG
B. Lake 30A/30B Boating Regulations Update
C. Stantec Document Update
D. Lennar Property Conveyance Update
6. Old Business
7. New Business
A. Auditor Selection
i.Discussion of Audit Ranking Recommendations
ii.Authorization to Enter into a Three Year Contract with the Selected Audit
Firm
B. 2018 Summer Lake Bank Project Discussion
District Office: Meeting Location:
210 N.University Drive,Suite 702 Heritage Bay Clubhouse
Coral Springs,FL 33071 10154 Heritage Bay Boulevard
954-603-0033 Naples,FL
December 7, 2017 Agenda Heritage Bay CDD
8. Manager's Report
A. Approval of the Minutes of the October 18, 2017 Continued Meeting and
November 2,2017 Regular Meeting
B. Acceptance of Financials
C. Field Manager's Report
D. Lake&Wetland Management Monthly Inspection Report
i. Lake 1 North Bank Discussion
E. Follow Up Items
9. Supervisors' Reports,Requests, and Comments
10. Chairman's Comment
11. Audience Comments
12. Adjournment
The next meeting is scheduled for January 4,2018 at 9:00 a.m.
District Office: Meeting Location:
210 N.University Drive,Suite 702 Heritage Bay Clubhouse
Coral Springs,FL 33071 10154 Heritage Bay Boulevard
954-603-0033 Naples,FL
Naptci JJaiL
NaplesNews.com
Published Daily
Naples,FL 34110
Affidavit of Publication
State of Florida
Counties of Collier and Lee
Before the undersigned they serve as the authority, personally appeared Natalie Zollar who on oath says that she
serves as Inside Sales Manager of the Naples Daily News,a daily newspaper published at Naples, in Collier County,
Florida;distributed in Collier and Lee counties of Florida;that the attached copy of the advertising was published in
said newspaper on dates listed.Affiant further says that the said Naples Daily News is a newspaper published at Na-
ples,in said Collier County,Florida,and that the said newspaper has heretofore been continuously published in said 1I
Collier County, Florida;distributed in Collier and Lee counties of Florida,each day and has been entered as second
class mail matter at the post office in Naples,in said Collier County,Florida,for a period of one year next preceding
the first publication of the attached copy of advertisement; and affiant further says that he has neither paid nor
promised any person, or corporation anydiscount, rebate, commission or refund for the purpose of securing this
advertisement for publication in the said newspaper.
Customer Ad Number Copyline P.O.#
HERITAGE BAY COMMUNITY 1819083 Notice of Regular Me
Pub Dates
November 29,2017
/ (t &
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(Sign ture of affiant)
KAAOL E KANGAS I
':y'. Notary Wffk-Slued Nam
Sworn to and subscribed before me t 'r• cummistun t(4126091
This November 29,2017 '? '' Mycemm.Expires 1
`' an,44 g q NAe�cO
(Signature of affiant)
I
NAP LESNEWS.COM 1 WEDNESDAY,NOVEMBER 29,2011 L 330
Px Mai. 4 '104`'
MARIPOSA TOWNIE CENTRAL 99 LINCOLN TC Sip 1130 1 N pl FI id,34110.int o di
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(000)473-5632 A PRIME LOCATION!
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1100 GULF WON BLVD N. 'OS JAGUAR MIS Convertible 2011 N 18367)8
DISCOVER 2/2 tlo,Available NOW. Wadi,former show Car �. _
fl 700 1a annual; 2018 OUTBOARD MODELS
jpOF COMMUNITY or Season Zola.l.BR.min 310,330,CDR,ODELS0 322,000.(uwneradly70Km vq�kL� L1 '' "REE •ir
OF THE YEAR 5,7,506 mW POOIB1053 Ok SEE NEW OB MODELS al 322,000.(239)765.0642- """"''" C�F' BIG CYPRESS
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8, up to 140,090 ea r.s¢Ca Dep 239.919-4230 FTMYERS ROAT SNOW 'OS MASEGTI ORANSPORi IN THE CIRCUIT COURT FOR STEWARDS/HP OIfT111GT
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hem Downtown Naples, - > »w«brmv ma0usvurn cOm , the Big Cypress Steward WWpI
areaaI fractions,and Gulf 9a9mmsLs sbta 07 T0VOTASOLAGgIE Con. MRL ESTATE OF DIMOhide! c•DIstmeetings will
oeaches.Np.•DFew. PARK SNORE 2/2,PORCH, Ovitui41w En cond.49K m1 white/tan Year 120117`-120tings for FIS00
first
garage, pool, and Floor, CAPTAIN'S LICENSE ext.warranty til Mar.1x10 FIN No.l]41)9.CP Wednesday of the month
stairs only.No eats 511,500.(779)304.8270.
Tour 16 New p...an?'' }1,000,annual Naples OUPV-6-oak — -"— CHARLES GONAD XAFNER pt 10:D0 a.m.In the offices
Models Today! Dec.Nn 9T-435-7.187 1990►ORSCME911 CDRY. ted at 2550 Goodiette
7 Firs/Last d -- BO origyi el mi.Red est/black Deceased. Dap
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Security(239)4043812 HUNTERS;SAILBOAT•Chem- int.$35,000(30517781035 ROME N.,Suite 100.Naples,
bird
00llenign, 19 Hunter 33. --- NOTICE TO CREDITORS Florida. unless otherwise
sailing p for- 1996 PORSCX[997 CIS Tht adminlylre80n ndicated.as follows.
Lu8My VIIIA&Coach 8 �C7` f fi mance, 0 MK Wies,Arena Rad. f the tate of CHARLES
SfromthemM Homes - mainsail,halyards, main- 5149,900. (239)2694713. DONALDtedeR,deceased. December'6,2017
from the m4331)lmloe05 MILANO ON LIVINGSTON sheet,traveler,boom yang ma 4070H MARTIN tee hose date of death was Ayr March 7,2011
l0 over Unease 1580 sq It 3BR].SBA att.W Over S15000 Invested yang.
Convertible CaleCter Car 13,2017;File Number 17-2479- lane 6,2011
1111 N pets/smoke.Amenities. recent restoration and 3K mL 549,900(239)269.7713. CP,h pending In the Circuit September a S.20111
Annual,(239}216.16130 r des. 5t D Y nm "PRISM 997 C23 Court for Collier Court, The meetings u e u
.S d esd engine R dyy t0 ze 1. Florida Probate Division' 9s arc open
j1i,S00.(239)823 BB3I _ 3K miles,white,investment me ao0ress of which Is 3318 to the public and will be
MAGIC TILT car 310518 (239M91713 'salami Trail EaSR Sdte 0 conducted In ac dance
MARCO ISLAND GALVANIZED TRAILER 2003 HRSAN UHT.. 102,Naples,FL 341124324.The w'th Me Ovlsions of spec
Dreaming Of the Island life. IBR IBA NEAR MARCO LAND 1719'Nevem hale,b>.uinys, Needs palm•126A miles,Well nam9S and addresses of the Ie'for Peecendem special
s1Yl¢?Don't rNss this stun- Avsil.l3 a Ma•(3 ma 29(1 hubs,winch We.Dart side maintained, Rues OMNI 171 pal a resenvative and dl!rich. The meetings maY
3 Meg single family home, 371 for mo.(239)1982911 frame rusted,functional SLOW 0392093810 the DersoralreprescnlatiVe) be continued to atlele time.
bedrooms,1 full bath!, 3/2 CocoaddR tar say, DW needs repairs 5150.0b0 2013 BENTLEY A0NAGET attorney ora cc orth b¢IOw, he recordeto thebh specified On
Nalco Island pF0peel In Due t0 cancellation.ava71. Call or Toot 11391-825.3000 MUNInor 041Non.314 m1, Ali cre011Ors W the theOf the at agenda for tyhry A
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Tlgertail tllstrlItl 1,173 59 Ian.Feb.Mu.53.000 Inc.vol.i339,902(239)269.17133. tolling nt and clalms or so,„df4s mcoeetings reybe obtained
p se incclluer des spacious hitchr- _VJ01.Call(9299181303 THE MARINA AT 16,300 rrd es..°white.)black whom a decedent's
this on Irma
M.,190511 Corporrate Oitvd;
Som pantry,bolt in A 3BR 20A POOL NOMIlerior,ver Otl condlllon. i Orlando Florida 32817, Ph;
library,pill bedrooms;aver Neer Coconut Pant&Beach, FACTORY BAY yap gar roe t0 be cer07 t moat
sized rII Lanai ovceooksSW private Ice area.Small pets OKI
}40.400.(]10109-8466 file their lt4 TH Ilh this (407) 1182-3256 INNStrlct
backyard,ideal SW exposure velrwapdmisemeeem Marco Isidnd _ HYUNDAI SONATA 2000 court WITHIN THE LATER OF 01lite")
ails a dditlon pi pool! -'- 41 will 19'We;
LOON n,9.Rum D looksy L 3 MONTHS AFTER THE TIME ore may be occasions when
Graaf vacation home or year A VERONAWALK 18R 2BA b OF THE FIRST PUBLICATION Th
mond.OFFERED at 5550,000. Capri 3 Name;Lanai,pp IE LOA 19'Wme; f4100/aba.(7197999BODa OF THIS NOTICE OR 30 DAYS one ore SuppMeers
n01 033 rep,Feb,',torsi Deep Water Marina ----SIAMANTI,n)eo 017AFTER THE DATE CF SERVICE or stall Will participate by
Call me for Showing today' 1811.57758 88,went-.No Direct Access to soli_ 541(ort!nal miles pay,newtelephone. Pursuant to
Paula Miranda Waterfront No Bridge Issue; q y THEM.COPY THIS NOTICE ON
Realty Group(2391273 5690 Pats/smoking.(914176}6140 9e tires,57500.(765$404-9030. THERE wrav'sbis f the Americans
Y P Concrete Fionllnp DOrks; p
.'a�• OENKSNIR[,LAIN VeEW 2/3. Water/Elector Modem L L?4900 HIM MURCISLAGOcar 00 !nor c 00801 IM Disabilities Act, y
LdwlY lslflr near ClUbhOuse Clubhouse:PUlnp OUf. LP•NO 20D&Collector of the decedent E Mer nosaon y IrInB PecIM
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FORMES NY OWNER Cali Paul:°39253 4755 Mi '•i'^»'6 0 talo must ile Meir TEms of(OYsic3l�m 256 at least AB
900 NeMersun Creek Village MAPCO ISl•SAND DOLLAR Wlm MIS CDUtt WITHIN 3 c tow the Oistrlel Off ice
Na°tC FL.14114 fAt'n n9 IBR, 1-1/2BA '" ` , Fy - MONTHS AFTER THE DATE OF l(107)782 7256 at levet 413
SELLPLAICE: fN9900:00 townhouse,new CMIInmR - lA" 20A HONOR BLOKE SHADOW THE FIRST PUBLICATION OF hours prior t0 9he meetingg..
CONDO.TOWNHDUSE. orange countertops: S5 04 SHASTA 21 TT NO SLIM M tlel 600VI% 31N i E THIS NOTICE. I!roar ere nearing ortspeech
1St FIOOr a001iances, A/C.bath 0 Sl q00 M))33733i7 L CLAIMS NOT Implored, please tact
COMPLETELYFUdNISHED, A/C Hr Il t !ng ( Me Florida h I Service b
aMtk9 ill Al WIFl antl lI lr Gootl 50701 ; FILED WI HILA THE TIMETHE
.1.11.0RI I 'aye 1.8089550
HeMarsOn ee%We 1,11'tie'
13)new TVs 1=11:(lei ""°In 1"""(81111516 8785 , t - PERIODS SET FORTH IN
ACd655'For GUH,PLIwM and Sero Welk to Esplanade, �, TO , ,' SECTION 73GLTO OF THE 99771 (TTY7/1.800-95!-0710
Bo0tSt.rage;Sun Reck,& restaurants d shops, 2023WHIc 5Ktroi ANASTH CHRYSLER TOWN&COUNTRY rrisi APROBATE ne WILL the District
altlln camactlnp
FlSIIIar;Lo graf00l 509 and
096 WN880 39R 1on0,IMOR; 0040.100(23914 -3745. ll, OE FOREV NOTWITHSTANDING
Each Person who.
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0105100 TO Welmort 748.1 beseppz(f7,000((7774) Black/Tan/Grey/Brown 10 bwered fl amp&t!e AFTER HE DECEDENT'S DATE that Ralson win need a record
Super Stora 7486774 or(776)96B-1133 $41 SOO.Mull seer MNaples d (21914948267 OF DEATH IS BARRED, of the proceedings and that
Directions,Collier Blvd: CdI�TOm'(501)5927871 .9 The dote Of flat aCCadinp(y,the person y
969 T0:Hondo Creak OR r I N d BGCN lbM00 Y3 s. ys,. - poublication o/this nonce's need to ensure theta verbatim
mf08 PbWres. Furnished 2BR 2BA 2 cI Elinor WA D CA ALL MOTOR HOMES -�. nO .,„ November 2g,207• ' record of the ptheeedings is
Call(630))9727tt4 March 2018. Pool.Golf, AND CAMPENS A y rd 1900 CADILLAC ELDORADO made.Including the testimony
IONe 1 OZDg all Comm. Tennis 54000 123917779111 Leah Pam. (950789-1530. Great shape!Always garaged, AERIC ANDERSON and evidence Upon which such
---n '1'. 79K actual miles,well main- Attorney for Personal appeal Nth be based.
Q, '"�#4011r Q�i IaInetl Metallic red-,56,250. Representative Hank Fbhkhd
'� CLUB CAR RECEDENi 61 k030 913 7-17540 Florida Bar NEu.07964 Olitrkt Managerer
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ASppeROSW7M'
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NMI 1/2,Mt fl„high celiings, N ptl l,13 t t Nay-4950 (139)986 3455 ®
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Nothow of Atlanta. 2006 ROAR RING HARLEY C',,AMime nodes Therehla place llkD,here '..
tub lndockantlgnnis, DAYMSOMtK 191 I 1 F Fnarkae butes 4- MARTHA HAFNER
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KAYA[S hiking,waterfalls,Explore fiberglass&leather.leant
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WELCOME &shop nearby mountain NE/might iehn se.
Wsedw c/0 A.ERIC Avenue
SOON.p.A.
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2. sr' 106 plaza,49 6 1,a mi N, Germain PrpeerNe3 of Naples '7n IN RE:ESTATE OF SupervisorsRenof the Board Heritage
'+.� 07p Trader hoe's 2udls, STDRAOE: MOTORNOM[5 „' Bamunitty Development the
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THIS WEEKS SPECIAL Boulevard, Naples, Florida.
Wantetl!Dead Or A.iw T ss NOTICE TO CREDITORS AISR C nI IIte meetil{I the
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ori!perform the
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1239)7744481 11191590.006fi
Naples!(239)64x1.0441 - Whose date of death Was Jude s previously advertised In
NILP1168EACN MOBILE 037K - STEARNS MOTOR 17 1017;Elle Humbar 172762- The meeting
AIM Florida IoW.
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yy Private Industrial Y*' s^. •mq P y g open W the
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0251Mcef:s WllMmfse,. call(440551.5215. : tee All Creditors of the a he obtained from SEVERN
Napyles!,,FL 34111 �?.<SG --- -- decedent and Other Oersom TRENT SERVICES.220 North
0 call 1104622-1660 phi RGV71MSVlTEs having Claims r demands University Orlve,SURe 102•
whY7M0oakeo/n•Itl,cOm PROM B TO f ^t• f'- ids.., w9amst deCedeM's estate n Coral Sprbpf,Fbrida'73011.
VARIOUS LAND LEASED COMM C ll2396431000cetab hon Oof ser edticeh Theon
Simile 6 double wktes 1 T i required to No served mhieoccasionsSupervisors will
one or more
Wide range ofprlces v •P-"0'21i',, Porsche 912411 Wanted I •^"'+ . le WI claims with this by telephone.
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G110ebNa 019-p25.O1l2 " NOTICE OF INTUIT TOcourt WITHIN THE TOE TOE l0 IckOhpne.will
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BYenvat n 239401.3; I THE Finn
AFTER THE TIME locationthere 0000n at IncDr a Lene our cusemerw Any rendition 219dOF]It0 REGISTERFICTITIOUSOF
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Medical office 1251!sq 710/ WANTED�NINb OMwk Sports OF TNT NOTICE OR 30 DAYS InterestedI. eDlIngers I can attend
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4 9 P Y taw Pursuant to Section THEM- ,f the dlscusHons taking
C II (239)22)0319 865.09, Florida Statutes
BO 50 se.BORBA Stilt Rome 1'°'V' NOTICE IS MERQBY GIVEN All !her creditors •Mee either on person or by
near pit 0 lf a car 0 with " .` ,. i.:Ark ,, !het the nderslyn d.TEG of me decedengt e d Wher eleplmnewnmunleatlon.
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k: q In the Count THE FAST PUBLICATION OF the District Manager's Office
A TOTAOF],25 AC RDS 30WCAYRYU Thea 4 Comte in THIS NONCE at orleasttft Orty-el n'I(49 NUM
t7)parcels high and d 1fi7K miles,ream Ilres. 10 ecyb,Florida 74d 19.Intents
NOMEWATCN NARES U NITA to register the sold name Wlth All CLAIMS NOT prior t0 the mea gg.If mare
of Everglades 5 .5225000.W hslse'Car up.Established 2002P. breaks 7IEM572127}600.pbO the Division of Corporations PERIODWITHIN STTHE TIME
pleasenaO or COntatet Ctle`nFlorida
oyOwner.(305)17'81035 cNum),rem*.Reply!. 2006 MERCEOKS 3110 ESL of the Fltrma Department pl SECTION 713,702 OF THE Tel Service dialing 7-1•
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le Naples, Foride, BE FOREV NOTWITHSTANDING
3l 0955.8011 (Yoke) lo/r
NarMN Ion,it 31110 God
yes. Naples. September 20 2017.
(2341619 6352 AMBERTON LUXURY NOT100 S T FORT I m contacting Ottla the Ofs1rIW
,# L1IppUM LICENSE - THE TIME pFRI00 SET FORTH Manager's OHICe
^ C01'��r County.Great toms 2006 �RDY�eiT MONjFll3 TOWNMOMES ABOVE ANY CLAIM FILED a Each person i
vallalsti r Ilene,Clean; Wi 0 mi!ae`"t(a�COC kap i h mber29201.,,. 5348 TWO (2)YEARS OR MORE who decides t0 appeal any
,a- ,,: P Ivy Masters 954-214-13322 30,6 E%O011a.,9(IZ. , -- _ AFTER THE DECEDENT'S DATE decision marry by Me Board
_ `'; -- 3&0 M.7.35380500.•707 NOTICE OF INTENT TO OF DEATH IS BARRED, with respect to any matter
mos CNRYS0w SERMNO REGISTERFICTITIOUS NAME The date of first publication considered at the meeting Is
3/3 POOL NOME CONVERT 930 miles,ex cord NOTICEOF ACTIONf this nWley Is:November advised that person Will need
MOORINGS MOO CLUB red/black Clean tan Int.all 19.2017, arecordo/te proceedlnga
690 Harbour Drive, POWer$6300.(239)298.1110 Notice Under Fictitious Name and that accordingly. the
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Agenda Page 4
Audit Committee
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Agenda Page 7
HERITAGE BAY COMMUNITY
DEVELOPMENT DISTRICT
PROPOSAL FOR AUDIT SERVICES
PROPOSED BY:
Berger, Toombs, Elam, Gaines & Frank
CERTIFIED PUBLIC ACCOUNTANTS, PL
600 Citrus Avenue, Suite 200 (772)461-6120
Fort Pierce, Florida 34950
CONTACT PERSON:
J. W. Gaines, CPA, Director
DATE OF PROPOSAL:
November 13, 2017
it
Agenda Page 8
Agenda Page 9
II
TABLE OF CONTENTS
DESCRIPTION OF SECTION PAGE
A. Letter of Transmittal 1-2
B. Profile of the Proposer
Description and History of Audit Firm 3
Professional Staff Resources 4-5
Ability to Furnish the Required Services 5
Arbitrage Rebate Services 6
C. Governmental Auditing Experience 7-14
D. Fee Schedule 15
E. Scope of Work to be Performed 15
F. Resumes 16-30
G. Peer Review Letter 31
H. Additional Documents Required
Notice of Request for Proposal 32
Instructions to Proposers 33-34
Evaluation Criteria Sheet 35
Agenda Page 10
eel Berger, Toombs, Elam,
"QGaines & Frank
Certified Public Accountants PL
600 Citrus Avenue
Suite 200
Fort Pierce, Florida 34950
772/461.6120//461-1155
FAX: 772/468-9278
November 13, 2017
Alan Baldwin
Severn Trent Management Services
210 N University Drive, Suite 702
Coral Springs, FL 33071
Dear Mr. Baldwin:
Thank you very much for the opportunity to present our professional credentials to provide audit
services for Heritage Bay Community Development District.
Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL has assembled a
team of governmental and nonprofit specialists second to none to serve our clients. Our firm
has the necessary qualifications and experience to serve as the independent auditors for
Heritage Bay Community Development District. We will provide you with top quality, responsive
service.
Experience
Berger, Toombs, Elam, Gaines& Frank, Certified Public Accountants, PL is a recognized leader
in providing services to governmental and nonprofit agencies throughout Florida. We have
been the independent auditors for a number of local governmental agencies and through our
experience in performing their audits, we have been able to increase our audit efficiency and;
therefore, reduce costs. We have continually passed this cost savings on to our clients and will
continue to do so in the future. As a result of our experience and expertise, we have developed
an effective and efficient audit approach designed to meet or exceed the performance
specifications in accordance with auditing standards generally accepted in the United States of
America, the standards applicable to financial audits contained in Government Auditing
Standards, issued by the Comptroller General of the United States, and the standards for
financial and compliance audits. We will conduct the audit in accordance with auditing
standards generally accepted in the United States of America; "Government Auditing
Standards" issued by the Comptroller General of the United States; the provisions of the Single
Audit Act, Subpart F of Title 2 US Code of Federal Regulations (CFR) Part 200, Uniform
Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards,
with minimal disruption to your operations. Our firm has frequent technical updates to keep our
personnel informed and up-to-date on all changes that are occurring within the industry.
Fort Pierce I Stuart
- 1 -
Member AICPA Member AICPA Division For CPA Firms Member FICPA
Private Companies Practice Section
Agenda Page 11
(( Berger,Toombs, Elam,
} Gaines& Frank
Heritage Bay Community Development District
November 13, 2017
Our firm is a member of the Government Audit Quality Center, an organization dedicated to
improving government audit quality. We also utilize the audit program software of a nationally
recognized CPA firm to assure us that we are up to date with all auditing standards and to assist
us maintain maximum audit efficiencies.
To facilitate your evaluation of our qualifications and experience, we have arranged this
proposal to include a resume of our firm, including our available staff, our extensive prior
governmental and nonprofit auditing experience and clients to be contacted.
You need a firm that will provide an efficient, cost-effective, high-quality audit within critical time
constraints. You need a firm with the prerequisite governmental and nonprofit experience to
perform your audit according to stringent legal and regulatory requirements, a firm that
understands the complex nature of community development districts and their unique
compliance requirements. You need a firm with recognized governmental and nonprofit
specialists within the finance and governmental communities. And, certainly, you need a firm
that will provide you with valuable feedback to enhance your current and future operations.
Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is that firm. J. W.
Gaines is the person authorized to make representations for the firm.
Thank you again for the opportunity to submit this proposal to Heritage Bay Community
Development District.
Very truly yours,
)1h4/.L,A\JOOV 41a/Ajf
Berger, oom, Gaines&Frank
Certified Public Accountants PL
Fort Pierce, Florida
-2-
Agenda Page 12
PROFILE OF THE PROPOSER
Description and History of Audit Firm
Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL is a Treasure
Coast public accounting firm, which qualifies as a small business firm, as established by the
Small Business Administration (13 CFR 121.38), with offices in Fort Pierce and Stuart. We are a
member of the Florida Institute of Certified Public Accountants and the American Institute of
Certified Public Accountants. The firm was formed from the merger of Edwards, Berger, Harris&
Company (originated in 1972) and McAlpin, Curtis & Associates (originated in 1949). J. W.
Gaines and Associates (originated in 1979) merged with the firm in 2004. Our tremendous
growth rate experienced over the last 69 years is directly attributable to the firm's unrelenting
dedication to providing the highest quality, responsive professional services attainable to its
clients.
We are a member of the Private Companies Practice Section (PCPS) of the American Institute of
Certified Public Accountants (AICPA) to assure we meet the highest standards. Membership in
this practice section requires that our firm meet more stringent standards than standard AICPA
membership. These rigorous requirements include the requirement of a triennial peer review of
our firm's auditing and accounting practice and annual Continuing Professional Education (CPE)
for all accounting staff (whether CPA or non-CPA). For standard AICPA membership, only a
quality review is required and only CPAs must meet CPE requirements.
We are also a member of the Government Audit Quality Center ("the Center") of the American
Institute of Certified Public Accountants to assure the quality of our government audits.
Membership in the Center, which is voluntary, requires our firm to comply with additional
standards to promote the quality of government audits.
We have been extensively involved in serving local government entities with professional
accounting, auditing and consulting services throughout the entire 69 year history of our firm.
Our substantial experience over the years makes us uniquely qualified to provide accounting,
auditing, and consulting services to these clients. We are a recognized leader in providing
services to governmental and nonprofit agencies on the Treasure Coast and in Central and
South Florida, with extensive experience in auditing community development districts and water
control districts. We were the independent auditors of the City of Fort Pierce for over 37 years
and currently, we are the independent auditors for St. Lucie County since 2002, and for 34 of the
38 years that the county has been audited by CPA firms. Additionally, we have performed audits
of the City of Stuart, the City of Vero Beach, Indian River County and Martin County. We also
presently audit over 75 Community Development Districts throughout Florida.
Our firm was founded on the belief that we are better able to respond to our clients needs
through education, experience, independence, quality control, and personal service. Our firm's
commitment to quality is reflected in our endeavor of professional excellence via continuing
education, the use of the latest computer technology, professional membership in PCPS and
peer review.
We believe our approach to audit engagements, intelligence and innovation teamed with sound
professional judgment enables us to explore new concepts while remaining sensitive to the
fundamental need for practical solutions. We take pride in giving you the assurance that the
personal assistance you receive comes from years of advanced training, technical experience
and financial acumen.
- 3-
Agenda Page 13
Professional Staff Resources
Berger, Toombs, Elam, Gaines& Frank, Certified Public Accountants, PL has a total of
28 professional and administrative staff (including 12 professional staff with extensive
experience servicing government entities). The work will be performed out of our Fort
Pierce office with a proposed staff of one senior accountant and one or two staff
accountants supervised by an audit manager and audit partner. With the exception of the
directors of the firm's offices, the professional staff is not specifically assigned to any of our
individual offices. The professional and administrative staff resources available to you
through Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL are as
follows:
Total
Partners/Directors (CPA's) 5
Principals (CPA) 1
Managers (CPA) 1
Senior/Supervisor Accountants (1 CPA) 3
Staff Accountants 7
Computer Specialist 1
Paraprofessional 6
Administrative 4
Total—all personnel 28
Following is a brief description of each employee classification:
Staff Accountant — Staff accountants work directly under the constant supervision of the
auditor-in-charge and, are responsible for the various testing of documents, account
analysis and any other duties as his/her supervisor believes appropriate. Minimum
qualification for a staff accountant is graduation from an accredited university or college with
a master's degree in accounting or equivalent.
Senior Accountant — A senior accountant must possess all the qualifications of the staff
accountant, in addition to being able to draft the necessary reports and financial statements,
and supervise other staff accountants when necessary.
Managers — A manager must possess the qualifications of the senior accountant, plus be
able to work without extensive supervision from the auditor-in-charge. The manager should
be able to draft audit reports from start to finish and to supervise the audit team, if
necessary.
Principal —A principal is a partner/director in training. He has been a manager for several
years and possesses the technical skills to act as the auditor—in-charge. A principal has no
financial interest in the firm.
Partner/Director — The director has extensive governmental auditing experience and acts
as the auditor-in-charge. Directors have a financial interest in the firm.
-4-
Agenda Page 14
Professional Staff Resources (Continued)
Independence — Independence of the public accounting firm, with respect to the audit
client, is the foundation from which the public gains its trust in the opinion issued by the
public accounting firm at the end of the audit process. This independence must be in
appearance as well as in fact. The public must perceive that the accounting firm is
independent of the audit entity to insure that nothing would compromise the opinion issued
by the public accounting firm. Berger, Toombs, Elam, Gaines & Frank, Certified Public
Accountants, PL is independent of Heritage Bay Community Development District,
including its elected officials and related parties, at the date of this proposal, as defined by
the following rules, regulations, and standards:
AuSection 220— Statements on Auditing Standards issued by the American Institute
of Certified Public Accountants;
ET Sections 101 and 102 — Code of Professional Conduct of the American Institute
of Certified Public Accountants;
Chapter 21A-1, Florida Administrative Code;
Section 473.315, Florida Statutes; and,
Government Auditing Standards, issued by the Comptroller General of the United
States.
On an annual basis, all members of the firm are required to confirm, in writing, that they have no
personal or financial relationships or holding that would impair their independence with regard to
the firm's clients.
Independence is a hallmark of our profession. We encourage our staff to use professional
judgment in situations where our independence could be impaired or the perception of a conflict
of interest might exist. In the governmental sector, public perception is as important as
professional standards. Therefore, the utmost care must be exercised by independent auditors
in the performance of their duties.
Ability to Furnish the Required Services
As previously noted in the Profile of the Proposer section of this document, our firm has been in
existence for over 69 years. We have provided audit services to some clients for over 30 years
continually. Our firm is insured against physical loss through commercial insurance and we also
carry liability insurance. The majority of our audit documentation is stored electronically, both
on our office network and on each employee laptop or computer assigned to each specific job.
Our office computer network is backed up on tape, so in the event of a total equipment loss, we
can restore all data as soon as replacement equipment is acquired. In addition, our field laptop
computers carry the same data and can be used in the event of emergency with virtually no
delay in completing the required services.
- 5-
Agenda Page 15
ADDITIONAL SERVICES PROVIDED
Arbitrage Rebate Services
Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL also provides
arbitrage rebate compliance and related services to governmental issuers. The Tax Reform Act
of 1986 requires issuers of most tax-exempt obligations to pay (i.e., "rebate") to the United
States government any arbitrage profits. Arbitrage profits are earnings on the investment of
bond proceeds and certain other monies in excess of what would have been earned had such
monies been invested at a yield equal to the yield on the bonds.
Federal tax law requires that interim rebate calculations and payments are due at the end of
every fifth bond year. Final payment is required upon redemption of the bonds. More frequent
calculations may be deemed advisable by an issuer's auditor, trustee or bond counsel or to
assure that accurate and current records are available. These more frequent requirements are
usually contained in the Arbitrage or Rebate Certificate with respect to the bonds.
Our firm performs a comprehensive rebate analysis and includes the following:
• Verifying that the issue is subject to rebate;
• Calculating the bond yield;
• Identifying, and separately accounting for, all "Gross Proceeds" (as that term is defined
in the Code) of the bond issue, including those requiring analysis due to "transferred
proceeds" and/or"commingled funds"circumstances;
• Determining what general and/or elective options are available to Gross proceeds of the
issue;
• Calculating the issue's excess investment earning (rebate liability), if any;
• Delivering appropriate documentation to support all calculations;
• Providing an executive summary identifying the methodology employed, major
assumptions, conclusions, and any other recommendations for changes in
recordkeeping and investment policies;
• Assisting as necessary in the event of an Internal Revenue Service inquiry; and,
• Consulting with issue staff, as necessary, regarding arbitrage related matters.
-6-
Agenda Page 16
GOVERNMENTAL AUDITING EXPERIENCE
Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants, PL has been
practicing public accounting in Florida for 69 years. Our success over the years has been the
result of a strong commitment to providing personalized quality service to our clients.
The current members of our firm have performed audits of over 750 community development
districts, and over 1,500 audits of municipalities, counties and other governmental entities such
as the City of Fort Pierce and St. Lucie County.
Our firm provides a variety of accounting, auditing, tax litigation support, and consulting
services. Some of the professional accounting, auditing and management consulting services
that are provided by our firm are listed below:
• Performance of annual financial and compliance audits, including Single Audits of state
and federal financial assistance programs, under the provisions of the Single Audit Act,
Subpart F of Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform
Administrative Requirements, Cost Principles, and Audit Requirements for Federal
Awards(Uniform Guidance), with minimal disruptions to your operations;
• Performance of special compliance audits to ascertain compliance with the applicable
local, state and federal laws and regulations;
• Issuance of comfort letters and consent letters in conjunction with the issuance of tax-
exempt debt obligations, including compiling financial data and interim period financial
statement reviews;
• Calculation of estimated and actual federal arbitrage rebates;
• Assistance in compiling historical financial data for first-time and supplemental
submissions for GFOA Certificate of Achievement for Excellence in Financial Reporting;
• Preparation of indirect cost allocation systems in accordance with Federal and State
regulatory requirements;
• Providing human resource and employee benefit consulting;
• Performance of automation feasibility studies and disaster recovery plans;
• Performance feasibility studies concerning major fixed asset acquisitions and utility plant
expansion plans (including electric, water, pollution control, and sanitation utilities); and
• Assistance in litigation, including testimony in civil and criminal court.
• Assist clients who utilize QuickBooks software with their software needs. Our Certified
QuickBooks Advisor has undergone extensive training through QuickBooks and has
passed several exams to attain this Certification.
Continuing Professional Education
All members of the governmental audit staff of our firm, and audit team members assigned to
this engagement, are in compliance with the Continuing Professional Education (CPE)
requirements set forth in Government Auditing Standards issued by the Comptroller General of
the United States. In addition, our firm is in compliance with the applicable provisions of the
Florida Statutes that require CPA's to have met certain CPE requirements prior to proposing on
governmental audit engagements.
- 7-
Agenda Page 17
GOVERNMENTAL AUDITING EXPERIENCE (CONTINUED)
The audit team has extensive experience in performing governmental audits and is exposed to
intensive and continuing concentration on these types of audits. Due to the total number of
governmental audits our team performs, each member of our governmental staff must
understand and be able to perform several types of governmental audits. It is our objective to
provide each professional employee fifty hours or more of comprehensive continuing
professional education each year. This is accomplished through attending seminars throughout
Florida and is reinforced through in-house training.
Our firm has made a steadfast commitment to professional education. Our active attendance
and participation in continuing professional education is a major part of our objective to obtain
the most recent knowledge on issues which are of importance to our clients. We are growing on
the reputation for work that our firm is providing today.
Quality Control Program
Quality control requires continuing commitment to professional excellence. Berger, Toombs,
Elam, Gaines & Frank, Certified Public Accountants, PL is formally dedicated to that
commitment.
To ensure maintaining the standards of working excellence required by our firm, we joined the
Private Companies Practice Section (PCPS) of the American Institute of Certified Public
Accountants (AICPA). To be a participating member firm of this practice section, a firm must
obtain an independent Peer Review of its quality control policies and procedures to ascertain
the firm's compliance with existing auditing standards on the applicable engagements.
The scope of the Peer Review is comprehensive in that it specifically reviews the following
quality control policies and procedures of the participating firm:
• Professional, economic, and administrative independence;
• Assignment of professional personnel to engagements;
• Consultation on technical matters;
• Supervision of engagement personnel;
• Hiring and employment of personnel;
• Professional development;
• Advancement;
• Acceptance and continuation of clients; and,
• Inspection and review system.
We believe that our commitment to the program is rewarding not only to our firm, but primarily to
our clients.
The external independent Peer Review of the elements of our quality control policies and
procedures performed by an independent certified public accountant, approved by the PCPS of
the AICPA, provides you with the assurance that we continue to conform to standards of the
profession in the conduct of our accounting and auditing practice.
- 8 -
Agenda Page 18
GOVERNMENTAL AUDITING EXPERIENCE (CONTINUED)
Our firm is also a member of Governmental Audit Quality Center (GAQC), a voluntary
membership center for CPA firms that perform governmental audits. This center promotes the
quality of governmental audits.
Our firm has completed successive Peer Reviews. These reviews included a representative
sample of our firm's local governmental auditing engagements. As a result of these reviews,
our firm obtained an unqualified opinion on our quality control program and work procedures.
On page 31 is a copy of our most recent Peer Review report. It should be noted that we
received an unqualified report.
Our firm has never had any disciplinary actions by state regulatory bodies or professional
organizations.
As our firm performs approximately seventy five audits each year that are reviewed by federal,
state or local entities, we are constantly dealing with questions from these entities about our
audits. We are pleased to say that any questions that have been raised were minor issues and
were easily resolved without re-issuing any reports.
Certificate of Achievement for Excellence in Financial Reporting (CAFR)
We are proud and honored to have been involved with the City of Fort Pierce and the Fort
Pierce Utilities Authority when they received their first Certificates of Achievement for
Excellence in Financial Reporting for the fiscal years ended September 30, 1988 and 1994,
respectively. We were also instrumental in the City of Stuart receiving the award, in our first
year of performing their audit, for the year ended September 30, 1999.
We also assisted St. Lucie County, Florida for the year ended September 30, 2003, in preparing
their first Comprehensive Annual Financial Report, and St. Lucie County has received their
Certificate of Achievement for Excellence in Financial Reporting every year since.
As continued commitment to insuring that we are providing the highest level of experience, we
have had at least one employee of our firm serve on the GFOA — Special Review Committee
since the mid-1980s. This committee is made up of selective Certified Public Accountants
throughout the United States who have demonstrated their high level of knowledge and
expertise in governmental accounting. Each committee member attends a special review
meeting at the Annual GFOA Conference. At this meeting, the committee reports on the
Certificate of Achievement Program's most recent results, future goals, and common reporting
deficiencies.
We feel that our previous experience in assisting the City of Fort Pierce, the Fort Pierce Utilities
Authority and St. Lucie County obtain their first CAFRs, and the City of Stuart in continuing to
receive a CAFR and our firm's continued involvement with the GFOA, and the CAFR review
committee make us a valued asset for any client in the field of governmental financial reporting.
-9-
Agenda Page 19
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)
References
Capron Trail Community Development Gateway Community Development
District District
Jeff Walker, Special District Services Stephen Bloom, Severn Trent Management
(561)630-4922 (954) 753-5841
The Reserve Community Development District Port of the Islands Community Development
District
Darrin Mossing, Governmental Management Cal Teague, Premier District Management
Services LLC
(407) 841-5524 (239)690-7100 ext 101
In addition to the above, we have the following additional governmental audit experience:
Community Development Districts
Aberdeen Community Development Cedar Hammock Community
District Development District
Amelia Concourse Community Celebration Pointe Community
Development District Development District
Anthem Park Communnity Channing Park Community
Development District Development District
Arborwood Community Development Cheval West Community
District Development District
Bannon Lakes Community City Center Community Development
Development District District
Beacon Lakes Community Colonial Country Club Community
Development District Development District
Boggy Creek Community Creekside at Twin Creeks Community
Development District Development District
Candler Hills East Community Deer Run Community Development
Development District District
Capron Trail Community Development Diamond Hill Community
District Development District
- 10-
II
Agenda Page 20
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)
Dovera Community Development Heritage Lake Park Community
District Development District
Durbin Crossing Community Heritage Palms Community
Development District Development District
Eagle Point Community Development Julington Creek Community
District Development District
Eastlake Oaks Community Lake Bernadette Community
Development District Development District
Easton Park Community Development Legends Bay Community
District Development District
Estancia @ Wiregrass Community Live Oak No 2 Community
Development District Development District •
Forest Brooke Community Marshall Creek Community
Development District Development District
Golden Lakes Community Meadow View at Twin Lakes Community
Development District Development District
Gramercy Park Community Meadow Point III Community
Development District Development District
Greyhawk Landing Community Meadow Point IV Community
Development District Development District
Griffin Lakes Community Development Midtown Miami Community
District Development District
Habitat Community Development Mira Lago Community Development
District District
Harmony Community Development Myrtle Creek Community Development
District District
Heritage Harbor Community Narcoossee Community Development
Development District District
Heritage Isles Community New Port Tampa Bay Community
Development District Development District
- 11 -
Agenda Page 21
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)
Overoaks Community Development Seminole Improvement District
District
Panther Trace 2 Community Solterra Resort Community
Development District Development District
Pine Island Community Development South Village Community
District Development District
Pine Ridge Community Development Southern Hills Plantation I Community
District District
Piney-Z Community Development Southern Hills Plantation III Community
District Development District
Remington Community Development St. John's Forest Community
District Development District
Renaissance Commons Community Stoneybrook West Community
Development District Development District
Reserve Community Development Tern Bay Community Development
District District
Reserve at Pradera Community Terracina Community Development
Development District District
Ridgewood Trails Community Twin Creeks North Community
Development District Development District
River Hall Community Development Valencia Acres Community
District Development District
River Place on the St. Lucie Community Villages of Bloomingdale Community
Development District Development District
Riverwood Community Development Westside Community Development
District District
Riverwood Estates Community Willow Creek Community Development
Development District District
Rolling Hills Community Development Winston Trails Community
District Development District
Sampson Creek Community
Development District
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Agenda Page 22
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)
Other Governmental Organizations
City of Westlake Office of the Medical Examiner,
District 19
Coquina Water Control District
Rupert J. Smith Law Library
Florida Inland Navigation District of St. Lucie County
Fort Pierce Farms Water Control St. Lucie Education Foundation
District
Town of Ocean Breeze Park
Indian River Regional Crime
Laboratory, District 19, Florida Troup Indiantown Water
Control District
Jobs and Education Partnership
Current or Recent Single Audits,
St, Lucie County, Florida
Early Learning Coalition, Inc.
Treasure Coast Food Bank, Inc.
Members of our audit team have acquired extensive experience from performing or participating
in over 1,500 audits of governments, independent special taxing districts, school boards, and
other agencies that receive public money and utilize fund accounting.
Much of our firm's auditing experience is with compliance auditing, which is required for publicly
financed agencies. In this type of audit, we do a financial examination and also confirm
compliance with various statutory and regulatory guidelines.
Following is a summary of our other experience, including Auditor General experience, as it
pertains to other governmental and fund accounting audits.
Counties
(Includes elected constitutional officers, utilities and dependent taxing districts)
Indian River
Martin
Okeechobee
Palm Beach
Municipalities
City of Port St. Lucie
City of Vero Beach
Town of Orchid
- 13-
Agenda Page 23
GOVERNMENTAL AUDIT EXPERIENCE (CONTINUED)
Special Districts
Lakewood Ranch Community Development District
Martin Soil and Water Conservation District
St. Lucie County—Fort Pierce Fire District
The Crossings at Fleming Island
St. Lucie West Services District
Indian River County Mosquito Control District
St. John's Water Control District
Westchase and Westchase East Community Development Districts
Pier Park Community Development District
Verandahs Community Development District
Turnbull Creek Community Development District
Magnolia Park Community Development District
Schools and Colleges
Federal Student Aid Programs—Indian River Community College
Indian River Community College
Okeechobee County District School Board
St. Lucie County District School Board
State and County Agencies
Central Florida Foreign-Trade Zone, Inc. (a nonprofit organization affiliated with the St. Lucie
County Board of County Commissioners)
Florida School for Boys at Okeechobee
Indian River Community College Crime Laboratory
Indian River Correctional Institution
- 14-
Agenda Page 24
FEE SCHEDULE
We propose the fee for our audit services described below to be $3,360 for the year ended
September 30, 2017, with the option to renew for two additional years. The annual renewals for
the years ending September 30, 2018 and 2019 will also be $3,360. These fees are contingent
upon the financial records and accounting systems of Heritage Bay Community Development
District being 'audit ready". If we discover that additional preparation work or subsidiary
schedules are needed, we will consult with your authorized representative. We can assist with
this additional work at our standard rates should you desire.
SCOPE OF WORK TO BE PERFORMED
If selected as the District's auditors, we will perform a financial and compliance audit in
accordance with Section 11.45, Florida Statutes, in order to express an opinion on an annual
basis on the financial statements of Heritage Bay Community Development District as of
September 30, 2017, with the option to renew for two additional years. The audits will be
performed to the extent necessary to express an opinion on the fairness in all material respects
with which the financial statements present the financial position, results of operations and
changes in financial position in conformity with generally accepted accounting principles and to
determine whether, for selected transactions, operations are properly conducted in accordance
with legal and regulatory requirements. Reportable conditions that are also material
weaknesses shall be identified as such in the Auditors' Report on Internal Control over Financial
Reporting and on Compliance and Other Matters. Other (non-reportable) conditions discovered
during the course of the audit will be reported in a separate letter to management, which will be
referred to in the Auditors' Report on Internal Control over Financial Reporting and on
Compliance and Other Matters.
Our audit will be performed in accordance with standards for financial and compliance audits
contained in Government Auditing Standards, as well as in compliance with rules and
regulations of audits of special districts as set forth by the State Auditor General in
Chapter 10.550, Local Governmental Entity Audits, and other relevant federal, state and county
orders, statutes, ordinances, charter, resolutions, bond covenants, Administrative Code and
procedures, or rules and regulations which may pertain to the work required in the engagement.
The primary purpose of our audit will be to express an opinion on the financial statements
discussed above. It should be noted that such audits are subject to the inherent risk that errors
or irregularities may not be detected. However, if conditions are discovered which lead to the
belief that material errors, defalcations or other irregularities may exist or if other circumstances
are encountered that require extended services, we will promptly notify the appropriate
individual.
- 15 -
Agenda Page 25
Commitment to Quality Service
Personnel Qualifications and Experience
J. W. Gaines, CPA, CITP
Director—38 years
Education
• Stetson University, B.B.A. —Accounting
Registrations
• Certified Public Accountant—State of Florida, State Board of Accountancy
• Certified Information Technology Professional (CITP) —American Institute of Certified Public
Accountants
Professional Affiliations/Community Service
• Member of the American and Florida Institutes of Certified Public Accountants
• Affiliate member Government Finance Officers Association
• Past President, Vice President-Campaign Chairman, Vice President and Board Member of
United Way of St. Lucie County, 1989- 1994
• Past President, President Elect, Secretary and Treasurer of the Treasure Coast Chapter of
the Florida Institute of Certified Public Accountants, 1988 - 1991
• Past President of Ft. Pierce Kiwanis Club, 1994 - 95, Member/Board Member since 1982
• Past President, Vice President and Treasurer of St. Lucie County Chapter of the American
Cancer Society, 1980 -1986
• Member of the St. Lucie County Chamber of Commerce, Member Board of Directors,
Treasurer, September 2002 - 2006, Chairman Elect 2007, Chairman 2008, Past Chairman
2009
• Member Lawnwood Regional Medical Center Board of Trustees, 2000 — Present, Chairman
2013- Present
• Member of St. Lucie County Citizens Budget Committee, 2001 —2002
• Member of Ft. Pierce Citizens Budget Advisory Committee, 2010—2011
• Member of Ft. Pierce Civil Service Appeals Board, 2013- Present
Professional Experience
• Miles Grant Development/Country Club—Stuart, Florida, July 1975—October 1976
• State Auditor General's Office — Public Accounts Auditor — November 1976 through
September 1979
• Director - Berger, Toombs, Elam, Gaines & Frank, Certified Public Accountants PL,
responsible for numerous government and nonprofit audits.
• Over 30 years experience in all phases of public accounting and auditing experience, with a
concentration in financial and compliance audits. Mr. Gaines has been involved in all
phases of the audits listed on the preceding pages.
- 16-
Agenda Page 26
Commitment to Quality Service
r Personnel Qualifications and Experience
J.W. Gaines, CPA, CITP (Continued)
Director
Continuing Professional Education
• Has participated in numerous continuing professional education courses provided by
nationally recognized sponsors over the last two years to keep abreast of the latest
developments in accounting and auditing such as:
Governmental Accounting Report and Audit Update
Analytical Procedures, FICPA
Annual Update for Accountants and Auditors
Single Audit Sampling and Other Considerations
- 17-
Agenda Page 27
Commitment to Quality Service
Personnel Qualifications and Experience
David S. McGuire, CPA, CITP
Accounting and Audit Principal—9 years
Accounting and Audit Manager—4 years
Staff Accountant — 11 years
Education
• University of Central Florida, B.A.—Accounting
• Barry University—Master of Professional Accountancy
Registrations
• Certified Public Accountant—State of Florida, State Board of Accountancy
• Certified Information Technology Professional (CITP) —American Institute of Certified Public
Accountants
Professional Affiliations/Community Service
• Member of the American and Florida Institutes of Certified Public Accountants
• Associate Member, Florida Government Finance Office Associates
• Assistant Coach —St. Lucie County Youth Football Organization (1994—2005)
• Assistant Coach—Greater Port St. Lucie Football League, Inc. (2006—2010)
• Board Member—Greater Port St. Lucie Football League, Inc. (2011 —present)
• Treasurer, AIDS Research and Treatment Center of the Treasure Coast, Inc. (2000—
2003)
• Board Member/Treasurer, North Treasure Coast Chapter, American Red Cross
(2004—2010)
• Member/Board Member of Port St. Lucie Kiwanis (1994—2001)
• President (2014/15) of Sunrise Kiwanis of Fort Pierce (2004—present)
• St. Lucie District School Board Superintendent Search Committee (2013— present)
Professional Experience
• Twenty four years public accounting experience with an emphasis on nonprofit and
governmental organizations.
• Audit Manager in-charge on a variety of audit and review engagements within several
industries, including the following government and nonprofit organizations:
St. Lucie County, Florida
19th Circuit Office of Medical Examiner
Troup Indiantown Water Control District
Exchange Club Center for the Prevention of Child Abuse, Inc.
Healthy Kids of St. Lucie County
Mustard Seed Ministries of Ft. Pierce, Inc.
Reaching Our Community Kids, Inc.
Reaching Our Community Kids- South
St. Lucie County Education Foundation, Inc.
Treasure Coast Food Bank, Inc.
North Springs Improvement District
• Four years of service in the United States Air Force in computer operations, with a top
secret (SCI/SBI) security clearance.
- 18-
Agenda Page 28
Commitment to Quality Service
Personnel Qualifications and Experience
David S. McGuire, CPA, CITP (Continued)
Accounting and Audit Principal
Continuing Professional Education
♦ Mr. McGuire has attended numerous continuing professional education courses and
seminars taught by nationally recognized sponsors in the accounting auditing and single
audit compliance areas. He has attended courses over the last two years in those areas as
follows:
Not-for-Profit Auditing Financial Results and Compliance Requirements
Update: Government Accounting Reporting and Auditing
Annual Update for Accountants and Auditors
- 19-
Agenda Page 29
Commitment to Quality Service
Personnel Qualifications and Experience
David F. Haughton, CPA
Accounting and Audit Manager—27 years
Education
• Stetson University, B.B.A. —Accounting
Registrations
• Certified Public Accountant—State of Florida, State Board of Accountancy
Professional Affiliations/Community Service
• Member of the American and Florida Institutes of Certified Public Accountants
• Former Member of Florida Institute of Certified Public Accountants Committee on State and
Local Government
• Affiliate Member Government Finance Officers Association (GFOA)for over 10 years
• Affiliate Member Florida Government Finance Officers Association (FGFOA) for over 10
years
• Technical Review— 1997 FICPA Course on State and Local Governments in Florida
• Board of Directors — Kiwanis of Ft. Pierce, Treasurer— 1994-1999; Vice President — 1999-
2001
Professional Experience
• Twenty-seven years public accounting experience with an emphasis on governmental and
nonprofit organizations.
• State Auditor General's Office — West Palm Beach, Staff Auditor, June 1985 to September
1985
• Accounting and Audit Manager of Berger, Toombs, Elam, Gaines & Frank, Certified Public
Accountants PL, responsible for audit and accounting services including governmental and
not-for-profit audits.
• Over 20 years of public accounting and governmental experience, specializing in
governmental and nonprofit organizations with concentration in special districts, including
Community Development Districts which provide services including water and sewer utilities.
Governmental and non-profit entities served include the following:
Counties:
St. Lucie County
Municipalities:
City of Fort Pierce
City of Stuart
- 20-
Agenda Page 30
Commitment to Quality Service
Personnel Qualifications and Experience
David F. Haughton, CPA (Continued)
Accounting and Audit Manager
Professional Experience(Continued)
Special Districts:
Bluewaters Community Development District
Country Club of Mount Dora Community Development District
Fiddler's Creek Community Development District#1 and#2
Indigo Community Development District
North Springs Improvement District
Renaissance Commons Community Development District
St. Lucie West Services District
Stoneybrook Community Development District
Summerville Community Development District
Terracina Community Development District
Thousand Oaks Community Development District
Tree Island Estates Community Development District
Valencia Acres Community Development District
Non-Profits:
The Dunbar Center, Inc.
Hibiscus Children's Foundation, Inc.
Hope Rural School, Inc.
Maritime and Yachting Museum of Florida, Inc.
Tykes and Teens, Inc.
United Way of Martin County, Inc.
Workforce Development Board of the Treasure Coast, Inc.
• While with the Auditor General's Office he was on the staff for the state audits of the Martin
County School District and Okeechobee County School District.
• During 1997 he performed a technical review of the Florida Institute of Certified Public
Accountants state CPE course on Audits of State and Local Governments in Florida. His
comments were well received by the author and were utilized in future updates to the
course.
Continuing Professional Education
• During the past several years, he has participated in numerous professional development
training programs sponsored by the AICPA and FICPA, including state conferences on
special districts and governmental auditing in Florida. He averages in excess of 100 hours
bi-annually of advanced training which exceeds the 80 hours required in accordance with the
continuing professional education requirements of the Florida State Board of accountancy
and the AICPA Private Companies Practice Section. He has over 75 hours of governmental
CPE credit within the past two years.
-21 -
Agenda Page 31
Commitment to Quality Service
Personnel Qualifications and Experience
Matthew Gonano, CPA
Senior Staff Accountant—7 years
Education
• University of North Florida, B.B.A. —Accounting
• University of Alicante, Spain— International Business
• Florida Atlantic University—Masters of Accounting
Professional Affiliations/Community Service
• American Institute of Certified Public Accountants
• Florida Institute of Certified Public Accountants
Professional Experience
• Senior Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional
services to nonprofit and governmental entities.
• Performed audits of nonprofit and governmental organizations in accordance with
Governmental Accounting Auditing Standards (GAAS)
• Performed Single Audits of nonprofit organizations in accordance with OMB Circular A-133,
Audits of State, Local Governments, and Non-Profit Organizations.
Continuing Professional Education
• Mr. Gonano has participated in numerous continuing professional education courses
- 22-
Agenda Page 32
Commitment to Quality Service
Personnel Qualifications and Experience
Paul Daly
Staff Accountant—6 years
Education
• Florida Atlantic University, B.S. —Accounting
Professional Experience
• Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional
services to nonprofit and governmental entities.
Continuing Professional Education
• Working to attain the requirements to take the Certified Public Accounting (CPA) exam.
- 23-
Agenda Page 33
Commitment to Quality Service
Personnel Qualifications and Experience
Melissa Arnold
Senior Staff Accountant—4 years
Education
• Indian River State College, A.A. —Accounting
• Florida Atlantic University, B.B.A. —Accounting
Professional Experience
• Staff accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional
services to nonprofit and governmental entities.
Continuing Professional Education
• Ms. Arnold participates in numerous continuing professional education courses provided by
nationally recognized sponsors to keep abreast of the latest developments.
-24-
Agenda Page 34
Commitment to Quality Service
[personnel Qualifications and Experience
Bryan Snyder
Staff Accountant—3 years
Education
• Florida Atlantic University, B.B.A. -Accounting
Professional Experience
• Accountant beginning his professional auditing career with Berger, Toombs, Elam, Gaines,
& Frank.
• Mr. Snyder is gaining experience auditing governmental &nonprofit entities.
Continuing Professional Education
• Mr. Snyder participates in numerous continuing education courses and plans on working to
acquire his CPA certificate.
-25-
Agenda Page 35
Commitment to Quality Service
Personnel Qualifications and Experience
Maritza Ahrens
Staff Accountant— 2 years
Education
• Indian River State College, B.S.A. -Accounting
Professional Experience
• Staff Accountant beginning her professional auditing career with Berger, Toombs, Earn,
Gaines, & Frank.
Continuing Professional Education
• Ms. Ahrens participates in numerous continuing education courses and plans on acquiring
her CPA.
- 26-
Agenda Page 36
Commitment to Quality Service
Personnel Qualifications and Experience
Jonathan Herman
Senior Staff Accountant—4 years
Education
• University of Central Florida, B.S. —Accounting
• Florida Atlantic University, MACC
Professional Experience
• Accounting graduate with four years experience with Berger, Toombs, Elam, Gaines, &
Frank providing professional services to nonprofit and governmental entities.
Continuing Professional Education
• Working to study to take the Certified Public Accounting (CPA) exam.
- 27 -
Agenda Page 37
Commitment to Quality Service
Personnel Qualifications and Experience
Sean Stanton
Staff Accountant
Education
• University of South Florida, B.S. —Accounting
• Florida Atlantic University, M.B.A. —Accounting
Professional Experience
• Staff accountant with Berger, Toombs, Elam, Gaines, & Frank auditing governmental and
non-profit entities.
Continuing Professional Education
• Mr. Stanton is working towards passing the CPA exam.
-28-
Agenda Page 38
Commitment to Quality Service
Personnel Qualifications and Experience
Brianne Davies
Staff Accountant
Education
• Indian River State College, B.S.A. —Accounting
Professional Experience
• Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional
services to nonprofit and governmental entities.
- 29-
Agenda Page 39
Commitment to Quality Service
[Personnel Qualifications and Experience
Taylor Nuccio
Staff Accountant
Education
• Indian River State College, B.S.A. —Accounting
Professional Experience
• Staff Accountant with Berger, Toombs, Elam, Gaines, & Frank providing professional
services to nonprofit and governmental entities.
-30-
Agenda Page 40
Judson B.Baggott A 6815 Dairy Road
BAG G ETT MBA,CPA,CVA,Partner Zophyrhihs,FL 33542
RE UTI MANN Mari Routimann ' (813) 788-2155
:
CPA,Partner (813)782.8606
Mt
&ASSOCIATES. CTAS, PA
System Review Report
To the Directors November 2,2016
Berger,Toombs, Elam, Gaines&Frank, CPAs PL
and the Peer Review Committee of the Florida Institute of Certified Public Accountants
We have reviewed the system of quality control for the accounting and auditing practice of Berger,
Toombs, Elam,Gaines& Frank, CPAs PL(the firm), in effect for the year ended May 31, 2016.
Our peer review was conducted in accordance with the Standards for Performing and Reporting
on Peer Reviews established by the Peer Review Board of the American Institute of Certified
Public Accountants. As a part of our peer review,we considered reviews by regulatory entities,
if applicable, in determining the nature and extent of our procedures. The firm is responsible for
designing a system of quality control and complying with it to provide the firm with reasonable
assurance of performing and reporting in conformity with applicable professional standards in all
material respects. Our responsibility is to express an opinion on the design of the system of
quality control, and the firm's compliance therewith based on our review. The nature, objectives,
scope, limitations of, and the procedures performed in a System Review are described in the
standards at wvwaicpa.org(prsummai.
As required by the standards,engagements selected for review included engagements performed
under Government Auditing Standards and audits of employee benefit plans.
In our opinion, the system of quality control for the accounting and auditing practice of Berger,
Toombs, Elam, Gaines& Frank, CPAs PL in effect for the year ended May 31, 2016 has been
suitably designed and complied with to provide the firm with reasonable assurance of performing
and reporting in conformity with applicable professional standards in all material respects. Firms
can receive a rating of pass. pass with deficiency(ies), or fail. Berger, Toombs, Elam, Gaines&
Frank,CPAs PL,has received a peer review rating of pass.
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Baggou, Reutimann&Associates.CPAs, PA
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tAornhar Annnicun Incl,inle of Cortilind Public T,rcouoIuoi (AICPA)and 110,1(10 1W.111,,io+,I Cor Wn r1 Iru,hr Ar oortlnr,r.I 111 kik)
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-31 -
Agenda Page 41
HERITAGE BAY COMMUNITY DEVELOPMENT DISTRICT REQUEST
FOR PROPOSALS FOR ANNUAL AUDITING SERVICES
The Heritage Bay Community Development District ("District") hereby requests proposals from
qualified independent Certified Public Accounting firms for independent annual audits of the
District's general purpose financial statements for the fiscal years ending September 30, 2017,
2018, and 2019.
The District is a local unit of special-purpose government created under Chapter 190, Florida
Statutes, for the purpose of financing, constructing, and maintaining public infrastructure. The
District was created by Collier County Ordinance and it has issued Capital Improvement
Revenue Bonds, Series 2014, to finance the acquisition and construction of certain
improvements for the benefit of the District.
The auditing entity submitting a proposal must be duly licensed under Chapter 473, Florida
Statutes, and be qualified to conduct audits in accordance with "Government Auditing
Standards," as adopted by the Florida Board of Accountancy. Audits shall be conducted in
accordance with Florida Law and particularly Section 218.39, Florida Statutes, and the rules of
the Florida Auditor General. The firm must perform the audit field work at the office where the
District records are maintained.
Proposal packages, which include evaluation criteria and instructions to proposers are available
from the District Manager at the address and telephone number listed below.
Proposers must provide seven (7) copies of their proposal as well as (1) electronic copy on a
flash drive to Severn Trent Management Services, Attention: Alan Baldwin, 210 North University
Drive, Suite 702, Coral Springs, Florida 33071, Telephone: 954-603-0033 Ext. 40535. Proposals
must be received by 11:00 a.m. on Monday, November 13, 2017. The envelope must be
marked "Auditing Services—Heritage Bay Community Development District." Please address all
questions regarding this Notice to the District Manager.
Heritage Bay Community Development District
Bob Koncar, District Manager
- 32 -
Agenda Page 42
HERITAGE BAY COMMUNITY DEVELOPMENT DISTRICT
REQUEST FOR PROPOSALS
District Auditing Services for Fiscal Year 2017, 2018, 2019
Collier County, Florida
INSTRUCTIONS TO PROPOSERS
SECTION 1. DUE DATE. Sealed proposals must be received no later than 11:00 a.m.
on Monday, November 13, 2017 at the offices of the District Manager, located at 210 N.
University Drive, Suite 702, Coral Springs, FL 33071. Proposals will be publicly opened at that
time.
SECTION 2. FAMILIARITY WITH THE LAW. By submitting a proposal, the Proposer is
assumed to be familiar with all federal, state, and local laws, ordinances, rules and regulations
that in any manner affect the work. Ignorance on the part of the Proposer will in no way relieve
it from responsibility to perform the work covered by the proposal in compliance with all such
laws, ordinances and regulations.
SECTION 3. QUALIFICATIONS OF PROPOSER. The contract, if awarded, will only
be awarded to a responsible Proposer who is qualified by experience and licensing to do the
work specified herein. The Proposer shall submit with its proposal satisfactory evidence of
experience in similar work and show that it is fully prepared to complete the work to the
satisfaction of the District.
SECTION 4. SUBMISSION OF ONLY ONE PROPOSAL. Proposers shall be
disqualified and their proposals rejected if the District has reason to believe that collusion may
exist among the Proposers, the Proposer has defaulted on any previous contract or is in
arrears on any previous or existing contract, or for failure to demonstrate proper licensure and
business organization.
SECTION 5. SUBMISSION OF PROPOSAL. Submit seven (7) copies of the Proposal
Documents as well as one (1) electronic copy on a flash drive, and other requested
attachments at the time and place indicated herein, which shall be enclosed in an opaque
sealed envelope, marked with the title "Auditing Services — Heritage Bay Community
Development District" on the face of it.
SECTION 6. MODIFICATION AND WITHDRAWAL. Proposals may be modified or
withdrawn by an appropriate document duly executed and delivered to the place where
proposals are to be submitted at any time prior to the time and date the proposals are due.No
proposal may be withdrawn after opening for a period of ninety (90) days.
SECTION 7. PROPOSAL DOCUMENTS. The proposal documents shall consist of the
notice announcing the request for proposals, these instructions, the Evaluation Criteria Sheet
and a proposal with all required documentation pursuant to Section 12 of these instructions
(the"Proposal Documents").
SECTION 8. PROPOSAL. In making its proposal, each Proposer represents that it has
read and understands the Proposal Documents and that the proposal is made in accordance
therewith.
- 33-
Agenda Page 43
SECTION 9. BASIS OF AWARD/RIGHT TO REJECT. The District reserves the right
to reject any and all proposals, make modifications to the work, and waive any informalities or
irregularities in proposals as it is deemed in the best interests of the District.
SECTION 10. CONTRACT AWARD. Within fourteen (14) days of receipt of the Notice
of Award from the District, the Proposer shall enter into and execute a Contract (engagement
letter) with the District.
SECTION 11. LIMITATION OF LIABILITY. Nothing herein shall be construed as or
constitute a waiver of District's limited waiver of liability contained in section 768.28, Florida
Statutes, or any other statute or law.
SECTION 12. MISCELLANEOUS. All proposals shall include the following information
in addition to any other requirements of the proposal documents.
A. List position or title of all personnel to perform work on the District audit. Include
resumes for each person listed; list years of experience in present position for each
party listed and years of related experience.
B. Describe proposed staffing levels, including resumes with applicable certifications.
C. Three references from projects of similar size and scope. The Proposer should
include information relating to the work it conducted for each reference as well as a
name, address and phone number of a contact person.
D. The lump sum cost of the provision of the services under the proposal.
E. Must perform the audit fieldwork at the office where the District records are
maintained.
SECTION 13. PROTESTS. Any protest regarding the Proposal Documents, must be
filed in writing, at the offices of the District Manager, within seventy-two (72) hours after the
receipt of the Proposal Documents. The formal protest setting forth with particularity the facts
and law upon which the protest is based shall be filed within seven (7) calendar days after the
initial notice of protest was filed. Failure to timely file a notice of protest or failure to timely file
a formal written protest shall constitute a waiver of any right to object or protest with respect to
the Proposal Documents.
SECTION 14. EVALUATION OF PROPOSALS. The criteria to be used in the
evaluation of proposals are presented in the Evaluation Criteria Sheet, contained within the
Proposal Documents.
- 34-
Agenda Page 44
HERITAGE BAY COMMUNITY DEVELOPMENT DISTRICT
AUDITOR SELECTION
EVALUATION CRITERIA
1. Ability of Personnel. (20 Points)
(E.g., geographic location of the firm's headquarters or permanent office in relation to the
project; capabilities and experience of key personnel; present ability to manage this project;
evaluation of existing work load; proposed staffing levels, etc.)
2. Proposer's Experience. (20 Points)
(E.g. past record and experience of the Proposer in similar projects; volume of work previously
performed by the firm; past performance for other Community Development Districts in other
contracts; character, integrity, reputation of Proposer, etc.)
3. Understanding of Scope of Work. (20 Points)
Extent to which the proposal demonstrates an understanding of the District's needs for the
services requested.
4. Ability to Furnish the Required Services. (20 Points)
Extent to which the proposal demonstrates the adequacy of Proposer's financial resources and
stability as a business entity necessary to complete the services required. (e.g., the existence of
any natural disaster plan for business operations)
5. Price. (20 Points)
Points will be awarded based upon the lowest total proposal for rendering the services and the
reasonableness of the proposal.
-35-
Agenda Page 45
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Heritage Bay Community ' '°T
K.Alan lowers Katie Sidrony
Development District Engagement Partner Concurring Partner
AJowers@cricpa.com KSidrony@cricpa.com
November 13,2017
Agenda Page 46
■
Dear Audit Selection Committee:
Carr, Riggs & Ingram, LLC (CRI) appreciates the opportunity to propose on auditing services to Heritage Bay
Community Development District(the "District).We are genuinely excited about the prospect of serving you
and establishing a long-term relationship.We pride ourselves on getting to know our clients and illuminating
solutions by providing innovative IDEAS to move them from compliance to providing them a competitive
advantage.
nvestment in You.We believe in developing long-term,mutually beneficial relationships and
quickly demonstrating value with a fee structure and service solutions that provide
immediate and continued savings. Our investment starts on "Day 1"as your assigned team
begins with our proven,streamlined process that minimizes your time and disruption during
the service provider change and continues throughout the relationship.
edicated Team. CRI's team consists of more than 1,600 professionals, which allows us to
0 tailor your service team by aligning their industry, service, and specialty skills with your
needs. Our dedicated teams deliver the highest level of business acumen and knowledge to
is your organization; our commitment to consistent staffing allows you to maximize savings
v4 and remain focused on your needs.
1-414u quilibrium. CRI delivers big firm expertise with small firm service. Of approximately 45,000
public accounting firms in the United States, CRI currently ranks among the top 25.
Additionally, as a part of PrimeGlobal, an association of independent accounting firms, we
have access to international resources as—and when—needed. Leveraging these resources
dtrOM while maintaining local decision-making authority means that simplified solutions are only a
phone call away.And we believe that's the best of both worlds for our clients.
ctive Partner Participation. Collectively, our partners deliver expertise derived from more
than 6,200 years of business experience.With this level of talent,we thoughtfully choose a
partner that aligns with your business' needs and industry. Our hands-on,working partners
„show up„to convey our genuine commitment to your success.They strive to earn trusted
advisor roles by digging in, proactively learning your business, and producing long-term
value for you.
implified Solutions.Our 400 different cumulative partner
certifications is an impressive statistic success is measured .
by translating complex concepts into client solutions. vi A x
While accounting is the language of business, we're here d.
f� to decipher the jargon and help you make educated
decisions. CRlnnovate embraces agility and invention. The CRI vSTAR"" process, our inaugural initiative
delivering a virtual audit, is designed to provide you with maximized efficiencies, reduced workload, and an
improved experience.
We welcome the opportunity to demonstrate to you the same teamwork, expertise, innovation, and
responsiveness that have made us one of the fastest growing public accounting firms in the United States.
Again,we appreciate your consideration.
Sincerely,
(-Jo.
nT
K.Alan Jowers,CPA
Engagement Partner
CRIcpa.com CARR,RIGGS&INGRAM 2
Agenda Page 47
■
TABLE OF CONTENTS
YOUR NEEDS
UNDERSTANDING & MEETING YOUR NEEDS 4
YOUR SERVICES&FEES
YOUR SERVICES& FEES 5
YOUR CHOICE:CRI
FIRM PROFILE 6
GOVERNMENT CREDENTIALS 7
RELEVANT EXPERIENCE 8
YOUR SOLUTION TEAM 9
DELIVERING QUALITY TO YOU 16
THE CRI vSTART' PROCESS 18
WORKING TOGETHER:OVERVIEW
SHARING CRI'S VALUES WITH YOU 19
TRANSITIONING YOU 20
JOINING OUR CONVERSATION 21
WORKING TOGETHER: DETAILS
CRI AUDIT FRAMEWORK 22
CRI AUDIT APPROACH 24
APPENDIX
APPENDIX A-PEER REVIEW 26
APPENDIX B- RFP DOCUMENTS 27
CRkpa.com CARR,RIGGS&INGRAM 3
Agenda Page 48
R
UNDERSTANDING & MEETING YOUR NEEDS
From the REP, we understood your team to express the following needs, requests, and/or issues. We've
detailed our proposed solutions below and are happy to discuss other related projects as they arise and
upon request.
NEEDS& ISSUES SOLUTIONS&SERVICES
Technical The District is required to have independent Perform external audit services in
audits performed on its financial statements. accordance with auditing standards
generally accepted in the United
States of America(GAAS),in order
to express an opinion on the
District's financial statements.
Relational The District's Board of Supervisors and • Communicate
management expect open and continuous contemporaneously and
communication with their CPA firm in order to directly with management
avoid surprise findings at the end of the audit. regarding the results of our
procedures.
• Anticipate and respond to
concerns of management
and/or the Audit Committee
(if/when formed).
CRIcpa.com CARR,RIGGS&INGRAM 4
Agenda Page 49
■ AI
YOUR SERVICES & FEES
We value creating mutually-rewarding, long-term relationships with our clients. Our goal is to provide high
quality, responsive service that yields returns far greater than your investment in our professional fees.
Please find below our proposal of fees to provide the requested services for the upcoming three respective
fiscal years.
SERVICE CRI FEES
2017 2018 2019
Perform external audit services in $4,500 $4,600 $4,750
accordance with auditing standards
generally accepted in the United States of
America(GAAS)
UNIQUE SAVINGS OPPORTUNITY WITH CR1
CRI offers the unique opportunity to utilize the CR1 vSTAR""process,our virtual audit process
that combines minimal hardware,collaborative software,and cameras to allow us to perform
all or part of our audit engagement virtually and in real time.CRI vSTAR'"clients will enjoy
reduced or eliminated travel costs—which translates into savings.
If the District requests additional services outside of this proposal, professional fee hourly rates are as
follows, but may be negotiated depending on the project request:
CLASSIFICATION HOURLY RATE
Partner $225
Manager $140
Senior $100
Staff $80
IT Specialist $200
Fraud Specialist $200
Our professional fees are based on the key assumptions that Heritage Bay Community Development District
will:
• Make available documents and work papers for review at Heritage Bay Community Development
District's headquarters location,although we may choose to review at alternate locations.
• Prepare certain schedules and analyses and provide supporting documents as requested.
• Assist us in obtaining an understanding of the accounting systems of the District.
• Not experience a significant change in business operations or financial reporting standards.
CRlcpa.com CARR,RIGGS&INGRAM 5
Agenda Page 50
III ";':'•F
FIRM PROFILE II
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CRIcpa.com CARR,RIGGS&INGRAM 6
Agenda Page 51
■
GOVERNMENT CREDENTIALS
Audit Clients
14 I
with annual revenues
governmental entities up to
With annual - School District
revenues totaling-
billion
Municipality
Agencies/Authorities
Different Governmental
Partner Designations
CPA,CGFM,CITP,CFE,CMA,CIS A, Clients
CGEIT,CTGA,CFF;CGMA,.CGAP 1.44;
Agencies/Authorities by entity type..
Perform Single Audits
fir
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of eli utilities �",.;� 3 10
governmental entities Municipalities`
includes
��bllliollof counties
federally awarded
expenditures '
... :lc School Districts
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of combined partner
governmental experience
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Spotlighting Our Expertise
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CRlcpa.com CARR,RIGGS&INGRAM 7
Agenda Page 52
■
RELEVANT EXPERIENCE
CRI delivers a depth of resources that ensures our understanding of your challenges and innovative solutions
for overcoming them. Our governmental team's 1,100+ years of combined experience is derived from
providing audit and accounting outsourcing services to a client base that includes:
• 420+ governmental entity clients across the South totaling approximately $22 billion In total
revenues,
• Perform single audits for approximately 30%of all governmental clients,and
• Municipality clients of up to$550 million in total revenues.
We parlay this vast experience and derived best practices into proven solutions that benefit you. Below we
share specific,relevant client references;we encourage you to consult with them.
RELATIONSHIP TIMELINE SERVICE DESCRIPTION RELEVANT POINTS TO
CONSIDER
Rizzetta&Company 2006— Present Annual Financial • Client service experience
Shawn Wildermuth Statement Audits of • Responsiveness to client
3434 Colwell Avenue Multiple CDDs needs
Suite 200 • Long-term relationship
Tampa,FL 33614 • CDD management co.
813.933.5571
GMS, LLC 2006— Present Annual Financial • Client service experience
Dave DeNagy Statement Audits of • Responsiveness to client
14785 Old St.Augustine Road, Multiple CDDs needs
Suite 4 • Long-term relationship
Jacksonville,FL 32258 • CDD management co.
904.288.9130
Wrathell,Hunt&Associates, 2006— Present Annual Financial • Client service experience
LLC Statement Audits of • Responsiveness to client
Jeffrey Pinder Multiple CDDs needs
2300 Glades Road • Long-term relationship
Suite 410W • CDD management co.
Boca Raton, FL 33431
561.571.0010
Fishkind&Associates 2007— Present Annual Financial • Client service experience
Jennifer Glasgow Statement Audits of • Responsiveness to client
12051 Corporate Blvd. Multiple CDDs needs
Orlando,FL 32817 • Long-term relationship
407.382.3256 • CDD management co.
ti
.f
`. For an example of our team's expertise, watch a CRI video blog by partner Brian
Barksdale discussing Government-Wide Statement of Activities.Just snap this QR
'r O._ code with your mobile phone to download or visit CRlcpa.com to view one of our
D 1 .a, 100+videos.
CRlcpa.com CARR,RIGGS&INGRAM 8
Agenda Page 53
Mil;,.>
YOUR SOLUTION TEAM
We have assembled a team of professionals who will ensure the highest level of personal dedication and
professional excellence to you. Our team delivers exceptional services through a balanced blend of skills
(service-driven,industry-specific,technical,and business)and experience that we know are important to you.
Brief profiles of each member of the team identified below follow on subsequent pages.
CRIir!E vIH'1'UAL AOVA.AAOC
, , ,
Enhanced Specialist Interaction
Delivered by the CRI vSTAR'" Process
Enjoy access to industry and service specialists,regardless of
location,with minimal scheduling and no travel.
Alan Jowers
,.- ENGAGEMENT PARTNER
S
. '
4- -,M` ., ` s t .s.,,' - '
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Katie Sidrony ' - Stephen Riggs IV
k CONCURRING PARTNER CONSULTING PARTNER
,
lga+ rx. rt C 3 E ._f..
' ': Grace Hartness Jonathan Hartness Ali Gorman
SENIOR MANAGER Ai SENIOR MANAGER ( MANAGER
1 -A
CRlcpa.com CARR,RIGGS&INGRAM 9
Agenda Page 54
YOUR SOLUTION TEAM •
K. Alan Jowers
f Engagement Partner
(850)837-3141 phone Alowers@cricpa.com
Experience
Representative Clients Alan has over 20 years' experience in public accounting,
• Santa Rosa County primarily on financial statement assurance engagements. His
District School Board` practice includes audits, reviews and compilations of local
• City of Crestview,Florida governmental entities, condominium and homeowner
• Okaloosa Gas District associations, non-profit organizations and nonpublic companies.
• Santa Rosa Island He currently has direct engagement responsibility for over 50
audits of local governmental entities, including cities, county
Authority school boards, utility districts and Florida community
• Okaloosa County District development districts.
School Board
• Celebration Community Alan is licensed to practice as a certified public accountant in
Development District Florida and Georgia. He is a member of the Board of Directors of
• Hammock Bay the Florida Institute of Certified Public Accountants (FICPA). In
Community Development addition, he is a member of the FICPA's State and Local
District Governmental Committee and is a past chair of its Common
• Amelia National Interest Realty Association Committee. He is also active in the
Community Development Panhandle Chapter of the Florida Governmental Finance Officers
Association (FGFOA) and is a former member of the FGFOA's
District statewide Technical Resource Committee.
N Education, Licenses&Certifications
• Masters of Accountancy, University of Alabama
;g sc3,i0,' xx€�i$` § • BS,Accounting, Florida State University
� �`+ ``
" xigm *`,;' 044. • Certified Public Accountant
0 4 ` k 44-1*.UAN Professional Affiliations
x
'� � • American Institute of Certified Public Accountants
e 1 (AICPA)
�'''� •° • Florida Institute of Certified Public Accountants
w e dy J'E� 2 5� `p, f i fib"
f (FICPA)—member of the Board of Governors
440 4tfz -
r 41,—., x 1 wl& .,1 • Governmental Finance Officers Association(GFOA)
, WI... • Florida Governmental Finance Officers Association
(FGFOA)—member of Technical Resource Committee
CRicpa.com CARR,RIGGS&INGRAM 10
Agenda Page 55
v.
YOUR SOLUTION TEAM ■El
Katie Sidrony
°" : Concurring Partner
�`
1 (850)837-3141 phone KSidrony@cricpa.com
1
Experience
Representative Clients Katie has over 10 years accounting and audit experience with
• Community Development CRI. She is in-charge of fieldwork on audits of clients in a variety
Districts of industries including governmental entities, condominium and
• Condominium`and homeowner associations, non-profit organizations and privately-
HomeownerAssociatians held corporations.
• County and Local Katie is licensed to practice as a certified public accountant in
Governments' Florida. She is a member of the Florida Institute of Certified
• ' Non-Profit Organizations Public Accountants and exceeds all continuing professional
• Privately-held education requirements related to Government Auditing
corporations Standards.
Katie currently supervises engagements for many special districts
in the State of Florida including community development
districts, fire districts, utility districts and school districts. She is
active in our firm's condominium and homeowner association
practice.
Education, Licenses&Certifications
4 • Master of Business Administration,Troy University
• BSBA,Professional Accountancy,University of West
Florida 4 • Certified Public Accountant
t „....e2,e�+ 42,4-: • Community Association Manager(CAM),Licensed in
�' Florida
S'' ,nak ..ice 7;4' ` .
k Professional Affiliations
t � • American Institute of Certified Public Accountants
(AICPA)
L 14' ' �itt- • Florida Institute of Certified Public Accountants
t
. ' � - (FICPA)
CRIcpa.com CARR,RIGGS&INGRAM 11
Agenda Page 58
■
YOUR SOLUTION TEAM
Stephen Riggs, IV
Consulting Partner
(850)837-3141 phone SCRiggs@cricpa.com
Experience
Representative Clients
Stephen has over 13 years accounting and audit experience,
• Bainebridge CD[) including three years with the international public accounting
firm, Ernst & Young, LLP. His experience includes numerous
• CFM CDD clients in industries including governmental, not-for-profit,
• Gramercy Farms CDD healthcare,SEC and privately held corporations.
• Heritage Harbour North
CDD Stephen is licensed to practice as a certified public accountant in
• River Hall CDD Florida. He is a member of the State and local Governmental
• Tern Bay CDD section of the Florida Institute of Certified Public Accountants
• Waterlefe CDD and exceeds all continuing professional education requirements
• City of Key West,Florida related to Government Auditing Standards.
—Internal Audit and
Forensic He is currently a partner on engagements for many special
• Okaloosa County Sheriffs districts in the State of Florida, including community
development districts, fire districts and school districts. In
Office addition to his public accounting experience,Stephen has served
• Bahama Conch on the Board of Directors for a Community Development District
Community Land Trust and a non-profit organization.
Internal Audit and
Forensic Education,Licenses&Certifications
• Masters of Accountancy,University of West Florida
• BA,Economics,University of Florida
nYK � • Certified Public Accountant
12 *:4514111614za
� 4Professional Affiliations
I �" • American Institute of Certified Public Accountants
***;‘,.1.,; � A (AICPA)
• Florida Institute of Certified Public Accountants
(FICPA)
• Past President,Emerald Coast Chapter of Florida
�� Institute of Certified Public Accountants(FICPA)
CRlcpa.com CARR,RIGGS&INGRAM 12
Agenda Page 57
1111
YOUR SOLUTION TEAM
Grace Hartness
Senior Manager
(850)837-3141 phone GHartness@cricpa.com
Experience
Representative Service Areas Grace has over 10 years accounting and audit experience with
• Community pevefopment CRI. She has worked on several major construction companies,
Districts government entities, community development districts,
condominium and homeowner associations and non-profit
• Condominium and organizations. In addition,she has been involved in special audit
Homeowner Associations projects for the Miami-Dade Airport Authority.
• Utility Services
• School Districts Grace is licensed to practice as a certified public accountant in
• County and Local Florida and exceeds all continuing professional education
Governments requirements related to Government Auditing Standards. In
• Non-Profit Organizations addition, Grace fluently speaks several languages including
French and Arabic.
Grace currently supervises engagements for many special
districts in the State of Florida including community
development districts and school districts. She is active in our
firm's condominium and homeowner association practice.
Grace started with CRI in August 2006, upon completion of her
master's degree,and was promoted to manager in 2011.
Education,Licenses&Certifications
• MAcc,Accounting,University of West Florida
b , Kyz • Certified Public Accountant
• Community Association Manager(CAM) Licensed in
Florida
Professional Affiliations
� � • American Institute of Certified Public Accountants
ft
1,41 F- ` a;'4''4 a (AICPA)
g
4 : r • Florida Institute of Certified Public Accountants
• Accounting&Financial Women's Alliance(AFWA)
CRlcpa.com CARR,RIGGS&INGRAM 13
Agenda Page 58
YOUR SOLUTION TEAM
Jonathan Hartness
4n Senior Manager
(850)837-3141 phone JHartness@cricpa.com
)111011
Experience
Representative Service Areas Jonathan has over 10 years' auditing and accounting experience
• Community Development with CRI. He is an audit manager with primary responsibility for
Districts fieldwork and reporting on audits of clients in a variety of
industries including local governments, condominium and
• Condominium and homeowner associations, and small businesses. He is currently
Homeowner Associations the audit manager for approximately 20 community
• Non-Profit Organizations development districts and works with several CDD management
companies in the State of Florida.
Jonathan is licensed to practice as a Certified Public Accountant
in Florida. He is a member of the American Institute of Certified
Public Accountants and the Florida Institute of Certified Public
Accountants. He exceeds all continuing professional education
requirements related to Government Auditing Standards.
Jonathan currently supervises engagements for many
governmental entities in the State of Florida including
community development districts. He is active in our firm's
governmental industry line as well as our condominium and
homeowner association practice. Jonathan is an integral part of
our community development district practice.
.1 Education,Licenses&Certifications
• MAcc,Accounting,University of West Florida
• Certified Public Accountant
e"" 4
• Community Association Manager(CAM),Licensed in
c � 3 Florida
"A Professional Affiliations
tk • American Institute of Certified Public Accountants
T. 7v (AICPA)
• Florida Institute of Certified Public Accountants
(FICPA)
CRlcpa.com CARR,RIGGS&INGRAM 14
Agenda Page 61
DELIVERING QUALITY TO YOU
AUDIT METHODOLOGY
Our audit, tax, consulting, and client accounting services documentation is maintained electronically.
Compliance with our methodology is regularly reviewed and evaluated as part of our internal quality
program, which is further discussed in this section under INTERNAL QUALITY CONTROL REVIEWS AND
EXTERNAL REVIEWS. Comprehensive policies and procedures governing all of our practices and addressing
professional and regulatory standards and implementation issues are constantly updated for new
professional developments and emerging issues. See Pages 23 - 26 for a more detailed description of the
relevant approach and methodology.
ENGAGEMENT QUALITY REVIEW PARTNER(CONCURRING PARTNER)
Each audit has an assigned engagement quality review (EQR) partner with the appropriate experience. This
role is one of the most important elements of our quality assurance process, as it provides for a timely,
independent review of all key accounting and auditing issues. The EQR partner also reviews the financial
statements and related supporting documentation—including the disclosures—to evaluate their fair
presentation under accounting principles generally accepted in the United States of America(GAAP).
INTERNAL QUALITY CONTROL REVIEWS AND EXTERNAL REVIEWS
Experienced partners and professional staff of our firm conduct quality control reviews of our audits. Our
partners'work is reviewed annually,and the inspection process includes periodic testing of the effectiveness
of our quality controls and a continuous improvement program.
Peer reviews are performed every three years by another independent public accounting firm. The most
recent review of our firm was performed in 2013 by EideBailly, whose report was the most favorable
possible.
In addition,we are registered with the PCAOB and our 2006,2009,and 2012 PCAOB external inspection
reports were also the most favorable possible—no audit deficiencies.The 2012 PCAOB report can be viewed
at
CRIcpa.com CARR,RIGGS&INGRAM 17
Agenda Page 62
■
THE CR1 vSTARTM PROCESS - ..`
tki :t_? 1F:N1IV ASKF D 01 if.:S1 VMS
Is the CR1 VSTARTm What are the set-up • For one-to-one meetings,
process secure? requirements? a device with sound—and
Yes.Three points of focus are: Internet connection preferably a camera.
1. All sessions are encrypted and installation of the
usingTLSGoToMeeting App(license How does session scheduling
. provided by CRI)plus: work for the CRI vSTARTM
2. All recordings are • For group meetings, TV or process?
maintained on encrypted projector with HDM1 input The process utilizes widely
CRI recordings. plus approximately 20 accepted calendaring tools
3. It eliminates your need minutes for CR1 VSTARTN —such as Microsoft Outlook—
to potentially supply user kit set-up, to schedule audit procedures.
credentials to your auditor.
A� :13,-12'61.,;_. , y tt . .. REASONS TO CHOOSE
,. ,' .K - rvRi's VIRTUAL SMART TECH Ai-:D TS&REVIEWS
WS
Y
N< h TIME l:r ICiE _!f.:
Efficiently scheduled procedures and testing reduce the
time your team is"on hold,"Technology effectively serves
clients with multiple locations and/or remote employees.
''',..-:,::
Virtually performed procedures minimize travel costs. .
ifi r If�L/\ ,f t) x
. Enjoy access to industry and service specialists,
i .
",;,.:.1".;.' regardless of location,with minimal scheduling and k�v,
ei
. no travel.
;,.,,,f:,
P Y
f f r ..
CRI staff members can access prior years'virtual audit
WM& recordings for training.
y ...i0-'-,..
. ( j .r N a C u r-d—DE I*d
Evidence(e.g.screen shots)from walk-throughs and other
� procedures are captured,mitigating your"homework."
`'` ry
CRlcpa.com CARR,RIGGS&INGRAM 18
Agenda Page 63
■ �
SHARING CRI'S VALUES WITH YOU
We are proud of our hands-on,service-centric,and results-oriented approach.Combining that
approach with quality controls and superior talent allows us to help you achieve your goals
and strengthen your management systems and processes.This approach is further emphasized
through our three core values which guide our team's behavior and function as the foundation
for interactions with our clients and each other.
a'
•
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Unyielding Integrity
CLIENT SERVICE INTEGRITY RESPECT
Defining our Living with integrity, Building productive,
brand by meeting transparency, long-term relationships
or exceeding the and honesty. with each other that
highest expectations are based on
of our clients. mutual respect,trust,
and sharing.
CRicpa.com CARR,RIGGS&INGRAM 19
Agenda Page 64
TRANSITIONING YOU
! .
When choosing to change firms, the time involved in working � 4 �r� �� .� �4 ��S �,
with new accounting professionals is often a concern. CRIB ,0 � ,. t + r l is °}ms s 3
well-defined efficient, seamless transition process is designed t r 1;4Uar ° �� 5 ,�`0 � [
to: ! 1 ye9 I t. ftf ° 4 , eii[' '` 1
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• Provide you with value from the veryfirst encounter, ��,' �, `� �$ _ krt �0 'a c
• Avoid interruption of service, `Tr.dta1 °' °",, °4' ,I 741 F�V.,
• Minimize disruption and investment of management's , , s t i� , ' � � r iy `t a
ta
time, f t t.,) �ift4V4.i9. �i U- tlAU s,
• Raise the standard of service and
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i x ;mo b as - u =i''t .. F f9':`
• Establish ongoing channels of communication with ; .A °�at- ` ;�4 *` ��° �. I I€" x
Heritage Bay Community Development District's t °t 4 �' ` d e V i ix° 1 4A AAS t
management.g - �4 w ref�- xr a', fit�; el;
x 9,�if t I f?_J iIn7M2fi frit .0'
The transition plan is comprised of the following key activities s :,. .f.74,;,,,,1t .
and can occur within approximately two weeks,depending on ,��.°titt tcS yik,::Z;e",., Sm
the availability of the parties involved:
• Management approves . t titvi r, , • CRI and management
the change in firms, sign engagement letter.
pending firm' • Management notifies
p 9 new s • CRI and management
completion of client predecessor firm of
p develop communication
acceptance procedures. decision to change plan protocol.
service providers.
• CRI performs client • CRI and management
acceptance procedures, • CRI makes inquiries finalize timetable and
such as: of and reviews key dates.
Interview key predecessor firm
workpapers related to • CRI develops initial
service provider your prior year's audit understanding of your
relationships and tax services(as business processes.
- Interview applicable). • CRI reports to
predecessor firm. • Predecessor firm management
- Internal firm review provides copies of process review items
and approval, requested workpapers. subsequent to initial
planning stage.
y
g
Pre-Approval 8 ,-.4rf!ttooltit*itiir,N!1!:, ,
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,Acceptarte °
CRIcpa.com CARR,RIGGS&INGRAM 20
Agenda Page 65
111L'5,,1
JOINING OUR CONVERSATION
,T, W . :b S 6 r E;':
CRI shines a light on best practices via thousands of articles,videos, informative i
charts,and descriptive testimonials.With sections dedicated to illuminating
4 insights by industries and services,our easy-to-navigate website highlights trending
topics that detail new standards,changing regulations,and other current business
topics.From cybersecurity to the new revenue recognition standard,we are ready to
proactively answer your questions,
if.
_iV Insir>i` tS
CRInsights are your doorway to in-depth yet down-to-earth explanations of complex
topics.We understand that just because a topic makes perfect sense to a CPA doesn't
-- mean that it should to our clients.
`. • The Busy CFO&Controller's Toolkit • Back to Basics:5 Key
' for Successfully Implementing the Financial Considerations for
New Revenue Recognition Standard Construction Companies
• 6 Key Ways to Strengthen Your • The Not-for-Profit's Guide to
,V4 Cybersecurity Posture Fraud Prevention
NEWSLETTER
Our team is dedicated to keeping our clients informed,and we prove it by creating a
custom monthly e-newsletter with widely-applicable topics.The articles are designed
11111111/ tohelp you improve your business and personal finances.Popular topics include:
• 3 Things To Improve Business • Are You a Big"Phish?"Protect from
Operations Immediately Cybersecurity Whaling Attacks
rt
11. • Financial Statement Audits Aren't • You Might Have Money Hiding In
Designed to Identify Fraud Plain Sight
Sign iiii 2i Ciiiil:ii.cow. l
CRlcpa.com CARR,RIGGS&INGRAM 21
Agenda Page 66
CRI AUDIT FRAMEWORK
Our proposed services require a coordinated effort between us and Heritage Bay Community Development
District's team. Planning and continual communication are essential to developing the appropriate
procedures,working collaboratively to resolve any identified issues,and meeting your timelines.
CRI's audit approach occurs within a framework of our client's business and industry; therefore, we assess
risk by:
• Understanding management's perspectives and goals,and
• Considering business conditions and threats that could prevent management from achieving its
business objectives.
We assess risks in the following areas:
• Acquisition,Divestiture
• Materiality &Reorganization
• Financial Reporting • Audit Committee&
Compliance Management Expectations
• New Accounting • Operating Results
Pronouncements
4 erat�Onal •
Banking Covenant
•
Financial p Requirements
• Governance
Businesspr
Environment2
• Internal Control "yy • Investor/Market
Environment � z r " Expectations
• IT Systems&Support • ,• 1•c+ _ T� • Technological Innovation
� • Legislative/Regulatory
Changes
•
CRIcpa.com CARR,RIGGS&INGRAM 22
Agenda Page 67
CRI AUDIT FRAMEWORK
Our ultimate intent is to drill down from these broad risks to specific financial reporting risks.We understand
both these risks and management's processes and procedures for mitigating them (i.e. internal controls) in
order to develop our procedures to carry out our audit responsibilities.
Although our audits are conducted through a structured, risk-based model, we focus on understanding the
client's needs, requirements, and expectations. We work collaboratively with management and the Audit
Committee (or similar function)to develop a communication and work plan to continuously improve client
service, by doing so we help in moving your team from simple compliance to providing you with a
competitive advantage.
In planning,we concentrate on "key risks," (items with a greater risk of a material misstatement,a material
weakness in internal controls,or other matters resulting in the issuance of an inappropriate audit report).We
focus on"material"items(i.e.those items that would be important to the user of your financial statements).
When evaluating materiality of identified misstatements,certain quantitative and qualitative factors must be
considered—which may include:
• Impact on operating trends(revenue/income,expenses,net income,etc).
• Nature of the misstatement (i.e., did the misstatement result from an unlawful
transaction?).
• Impact on liquidity,capital/surplus,earnings capacity,etc.
• Impact to loan covenants and contractual and regulatory requirements.
Consistent communication is a key to completion of the audit. By ensuring constant involvement,we are in a
better position to respond to your issues timely and efficiently. Therefore, we plan to meet with your
management to:
• Set-up the audit by reviewing the mapping of Heritage Bay Community Development District's
financial information (financial statements and notes) to significant processes and IT systems to
ensure that all significant account balances, transactions, procedures, and systems are tested as
deemed necessary.
• Discuss ongoing changes—specifically new accounting pronouncements and key business
transactions in their early stages,enabling us to agree on the resolution of various complex business
issues on a timely basis.
CRIcpa.com CARR,RIGGS&INGRAM 2.3
Agenda Page 68
■
CRI AUDIT APPROACHZt
Our audit approach is a four stage approach, as depicted in the summarybelow. Our client acceptance and
risk assessment procedures (as noted on the previous page) occur during detailed conversations and
observations with your team. The results of those procedures allow us to tailor an audit program to your
specific risks and needs. We then execute the audit, report the results, and evaluate continuous
improvement opportunities for ongoing service and benefit to you.
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CRIcpa.com CARR,RIGGS&INGRAM 24
Agenda Page 69
CRI AUDIT APPROACH
Stage 1: Client Acceptance&Pre-planning Stage 3: Audit Execution
• Perform client acceptance procedures where . Where possible,develop detailed analytical 1111
necessary. procedures to use as substantive tests to reduce
• Collaborate with management to agree to tests of details. Examples include:
expectations and scope. - ratio analysis,
• Assign appropriate staff to engagement based - regression analysis,
on client needs and assessed risk. - trend analysis,
- predictive tests or
reasonableness tests.
• Where possible utilize Computer-Assisted Audit
Interview client personnel and others,as Techniques(CAATs),such as IDEA or ACL to
necessary to understand client-specific automate testing for more coverage and less
objectives and risks. disruption to the client.
Assess environmental and other external risks • Where possible,perform targeted testing
and potential impact on the audit planning. (also known as"coverage"testing)of account
Assess entity level controls including: control balances to tests large portions of account
environment,risk assessment,information& balances.
communication,and monitoring controls. • Perform tests of details,including sampling,if
Assess management's fraud and IT risk applicable or necessary.
assessment models. Develop independent • Perform general audit procedures,as and if
fraud and IT risk assessment, applicable,such as tests related to:
Assess IT General Computer(ITGC)controls, - commitments and contingencies,
such as IT Environment,Developing&Delivering - legal letters,
IT,and Operating IT&Monitoring IT. - management representations,
Assess materiality. - reviews of Board minutes,
- related party transactions,
Perform preliminary analytical procedures. - debt covenants and
Map financial statements to significant - going concern.
transactions,processes,IT systems and related • Perform other tests for compliance such as
controls. Yellow Book or Single Audit Tests.
Develop understanding of significant processes
and related controls. ••
Determine existence of/reliance on SSAE 16 Stage 4: Report&Monitor
(formerly SAS 70(s)). • Continually monitor the audit and provide
Test controls including ITGC,as and if deemed feedback as agreed during scoping or more
appropriate. Tests will include a mix of: frequently,as deemed appropriate.
- inquiry, • Conclude the audit(i.e.issue opinions and/or
- observation, reports).
- examination and • Develop and present required communications,
- re-performance. including management letter comments.
Determine reliance on Internal Audit,if • Perform an internal team de-briefing to identify
applicable(e.g.controls or detailed tests). areas for improvement.
Determine reliance on specialist(s),if applicable . Welcome the opportunity for an external de-
(e.g.valuations,pension costs,etc.). briefing with our clients to improve.
Finalize risk assessments and develop final audit
strategy.
CRlcpa.com CARR,RIGGS&INGRAM 25
Agenda Page 70
■ .
APPENDIX A - PEER REVIEW
EideBailly
Cao•&aUSINF_,!.111\m.�e1RS
System Review Report
January 31,2014
'lb the Partners of Carr,Riggs&Ingram.LLC
and the National Peer Review Committee
We have reviewed the system of quality control for the accounting and auditing practice of Carr,Riggs&Ingram,
LLC(the firm)applicable to non-SEC issuers in effect for the year ended June 30,2013.Our peer review was
conducted in accordance with the Standards for Performing and Reporting on Peer Reviews established by the
Peer Review Board of the American Institute of Certified Public Accountants.As a part of our peer review,we
considered reviews by regulatory entities,if applicable,in determining the nature and Went of our procedures.
The Linn is responsible for designing a system of quality control and complying with it to provide the firm with
reasonable assurance of performing and reporting in conformity with applicable professional standards in all
material respects.Our responsibility is to express an opinion on the design of the system of quality control and the
fin's compliance therewith based on our review.The nature,objectives,scope,limitations of,and the procedures
performed in a System Review are described in the standards at www,aicpa.org%prsummarv.
As required by the standards,engagements selected for review included engagements performed under
Government Auditing Standards;audits of employee benefit plans,and audits performed under f'AICI.A.
In our opinion,the system of quality control for the accounting and auditing practice of Carr,Riggs&Ingrain,
LLC applicable to non-SEC issuers in effect fir the year ended June 30,2013,has been suitably designed and
complied with to provide the Finn with reasonable assurance of performing and reporting in conformity with
applicable professional standards in all material respects.Finns can receive a rating of pass,pass with
defeciency(ier)or firs(.Carr.Riggs&Ingram.LLC has received a peer review rating of pass.
Elde 1Jailly LLP
www.cidobaitly.com
300 Nicole Mar.Sea.1300 I Minneapolis.MN 00402-7033 i T 012233.0000 i F 012.253.6500 EOE
CRlcpa.com CARR,RIGGS&INGRAM 26
Agenda Page 71
APPENDIX B - RFP DOCUMENTS
111
Request for Proposals for Annual Audit Services for
Heritage Bay Community Development District
The Heritage Bay Community Development District (the "District') hereby requests proposals from
qualified independent Certified Public Accotmting firms for independent annual audits of the District's
general purpose financial statements for the fiscal years ending September 30,2017,2018 and 2019.
The District is a local unit of special-purpose government created under Chapter 190,Florida Statutes,
for the purpose of franking,constructing and maintaining public infrastructure.The District was created
by Collier County Ordinance and it has issued Capital Improvement Revenue Bonds,Series 2014,to
finance the acquisition and construction of certain improvements for the benefit of the District.
The Auditing entity submitting a proposal must be duly licensed under Chapter 473,Florida Statutes and
be qualified to conduct audits in accordance with"Government Auditing Standards",as adopted by the
Florida Board of Accountancy. Audits shall be conducted in accordance with Florida Law and
particularly Section 218.39,Florida Statutes,and the rules of the Florida Auditor General. The firm
must perform the audit field work at the office where the District records are maintained.
Proposal packages,which include evaluation criteria and instructions to proposers are available from the
District Manager at the address and telephone number listed below.
Proposes must provide seven(7)copies of their proposals as well as(1)electronic copy on a flash
drive to Severn Trent Management Services, Attention: Alan Baldwin., 210 North University Drive,
Suite 702, Coral Springs, Florida 33071, Telephone: 954-603-0033 Ext. 40535. Pmposals must be
received by 11:00 a.m.on Monday,November 13,2017. The envelope must be marked"Auditing
Services—Heritage Bay Community Development District." Please address all questions regarding this
Notice to the District Manager_
Heritage Bay Community Development District
Bob Koncar District Manager
CRkpa.com CARR,RIGGS&INGRAM 27
Agenda Page 72
APPENDIX B - RFP DOCUMENTS aH,
COMMUNITY DEYEr..oPM1rcr DISTRICT
REQUEST FOR PROPOSALS
District Auditing Services for Fiscal Year 2017,2018,2019
Collier County,Florida
INSTRUCTIONS TO PROPOSERS
SECTION 1. DUE DATE. Sealed proposals must be received no later than 11:00
am. on Monday,November 13.2017,at the offices of the District Manager,located at
210 North University Drive, Suite 702, Coral Springs, FL 33071. Proposals will be
publicly opened at that time.
SECTION 2. FALim.IAY7rY WITH THE Law. By submitting a proposal, the
Proposer is assumed to be familiar with all federal,state,and local laws,ordinances,nrles
and regulations that in any manner affect the work_ Ignorance on the part of the Proposer
will in no way relieve it from responsibility to perform the work covered by the proposal
in compliance with all such laws,ordinances and regulations.
SECTION 3. QUALIFICATIONS OF PROPOSER. The contract, if awarded,will
only be awarded to a responsible Proposer who is qualified by experience and licensing
to do the work specified herein The Proposer shall submit with its proposal satisfactory
evidence of experience in similar work and show that it is fully prepared to complete the
work to the satisfaction of the District.
SECTION 4. SUBMISSION OF ON7.Y Ora PROPOSAL. Proposers shall be
disqualified and their proposals rejected if the District has reason to believe that collusion
may exist among the Proposers,the Proposer has defaulted on any previous contract or is
in arrears on any previous or existing contract, or for failure to demonstrate proper
licensure and business organization_
SECTION 5. SUBMISSION OF PROPOSAL. Submit seven (7) copies of the
Proposal Documents as well as one (1) electronic copy on a flash drive, and other
requested attachments at the time and place indicated herein,which shall be enclosed in
an opaque sealed envelope, marked with the title "Auditing Services —Heritage Bay
Community Development District"on the face of it.
SECTION 6. MODIFICATION AND WITHDRAWAL. Proposals may be modified
or withdrawn by an appropriate document duly executed and delivered to the place where
proposals are to be submitted at any tune prior to the time and date the proposals are due.
No proposal may be withdrawn after opening for a period of ninety(90)days.
SECTION 7. PROPOSAL DOCUMENTS. The proposal document shall consist of
the notice announcing the request for proposals, these instructions, the Evaluation
1
CRicpa.com CARR,RIGGS&INGRAM 28
Agenda Page 73
APPENDIX B - RFP DOCUMENTS
Criteria Sheet and a proposal with all required documentation pursuant to Section 12 of
these instructions(the`Proposal Documents").
SECTION 8. PROPOSAL. In snaking its proposal,each Proposer represents that
it has read and understands the Proposal Documents and that the proposal is made in
accordance therewith
SECTION 9. BASIS OF AWARD RIJR GHT TO REJECT. The District reserves the
right to reject any and all proposals, make modifications to the work, and waive any
informalities or irregularities in proposals as it is deemed in the best interests of the
District.
SECTION 10. CONTRACT AWARD. Within fourteen(14)days of receipt of the
Notice of Award from the District,the Proposer shall enter into and execute a Contract
(engagement letter)with the District
SECTION 11. LturTATION OF LIABILITY. Nothing herein chap be construed as
or constitute a waiver of District's limited waiver of liability contained in section 768.28,
Florida Statutes,or any other statute or law_
SECTION 12. AfisCELLANEOuS. All proposals shall include the following
information in addition to any other requirements of the proposal documents.
A. List position or title of all personnel to perform work on the District audit.
Include resumes for each person listed;list years of experience in present
position for each party listed and years of related experience_
B. Describe proposed staffing levels, including resumes with applicable
certifications.
C. Three references from projects of similar size and scope. The Proposer
should include information relating to the work it conducted for each
reference as well as a name, address and phone number of a contact
person.
D. The lump sum cost of the provision of the services under the proposal
E. Must perform the audit fieldwork at the office where the District records
are maintained
SECTION 13. PROTESTS. Any protest regarding the Proposal Documents,must
be filed in writing,at the offices of the District Manager,within seventy-two(72)hosts
after the receipt of the proposed contract documents. The formal protest setting forth
with particularity the facts and law upon which the protest is based shall be filed within
seven(7)calendar days after the initial notice of protest was filed Failure to timely file a
CRIcpa.com CARR,RIGGS&INGRAM 29
Agenda Page 74
■
APPENDIX B - RFP DOCUMENTS
notice of protest or failure to timely file a formal written protest shall constitute a waiver
of any sight to object or protest with respect to aforesaid contract award.
SECTION 14. EVALUATION OF PROPOSALS. The criteria to be used in the
evaluation of proposals are presented in the Evaluation Criteria Sheet,contained within
the Proposal Documents.
3
CRIcpa.com CARR,RIGGS&INGRAM 30
Agenda Page 75
■
APPENDIX B - RFP DOCUMENTS
AUDITOR SELECTION
EVALUATION CRITERIA
1. A bilitr of PersonneL (20 Points)
(E.g.,geographic locations of the firm's headquarters or permanent office in relation to
the project;capabilities and experience of key personnel;present ability to manage this
project;evaluation of existing workload;proposed staffing levels,etc.)
2. Proposer's Evpeiiencea (20 Points)
(E.g. past record and experience of the Proposer in similar projects; volume of work
previously performed by the fimr;past performance for other Community Development
Districts in other contracts;character,integrity,reputation,of respondent,etc.)
3. Understanding of Scope of Work (20 Points)
Extent to which the proposal demonstrates an understanding of the District's needs for
the services requested.
4. Ability to Furnish the Required Services. (20 Points)
Extent to which the proposal demonstrates the adequacy of Proposer's financial resources
and stability as a business entity necessary to complete the services required(E.g, the
existence of any natural disaster plan for business operations).
5 Price_ (20 Points)
Points will be awarded based upon the price bid for the rendering of the services and
reasonableness of the price to the services.
CRIcpa.com CARR,RIGGS&INGRAM 31
Agenda Page 76
fl) Grau & Associates
CERTIFIED PUBLIC ACCOUNTANTS
Proposal to Provide
Financial Auditing Services
HERITAGE BAY
COMMUNITY DEVELOPMENT DISTRICT
Proposal Due: November 13, 2017, 11 :00AM
Submitted to:
Heritage Bay Community Development District
Attention: Auditing Services
210 N University Drive, Suite 702
Coral Springs, Florida 33071
Submitted by:
Antonio J. Grau, Partner
Grau &Associates
2700 North Military Trail, Suite 350
Boca Raton, Florida 33431
Tel (561) 994-9299/ (800) 229-5728
Fax (561) 994-5823
tony(cr�,graucpa.com /www.graucpa.com
it
Agenda Page 77
Table of Contents
PAGE
EXECUTIVE SUMMARY/TRANSMITTAL LETTER 1
FIRM QUALIFICATIONS & EXPERIENCE 3
STAFF QUALIFICATIONS, 21
REFERENCES 29
COST OF SERVICES 31
SUPPLEMENTAL INFORMATION 33
Agenda Page 78
Grau& Associates 2700 North Military Trail,Suite 350
Boca Raton,Florida 33431
CERTIr1�3U PUBLIC;A(:;Cc)UN7:INTS (561)994-9299•(800)299-4728
Fax(561)994-5823
November 13, 2017
Heritage Bay Community Development District
Attention: Auditing Services
210 N University Drive, Suite 702
Coral Springs, Florida 33071
Re: Request for Proposal for Professional Auditing Services for the fiscal year ended
September 30, 2017, 2018, and 2019
Grau & Associates (Grau) is pleased to respond to the Heritage Bay Community Development
District's (the "District") Request for Proposal (RFP), and look forward to working with you on your
audit. We are a team of knowledgeable professionals with extensive experience in audits for
organizations just like yours, and we know how to work with you to complete an effective and
efficient audit.
Since our focus is on government, we fully understand the professional services and work
products required to meet your RFP requirements. Our team provided services in excess of
19,000 hours for our public sector clients last year, and we currently audit over 300 governmental
entities. Our practice is unique as 98% of work is either audit or work related to government and
non-profit entities.
In addition to our firm's focus, Grau &Associates is a great fit for your audit for a variety of
other reasons, including:
• Experience
Grau is proud of the fact that the personnel we assign to your audit are some of the most
experienced auditors in the field. Unlike many other firms, our auditors work almost
exclusively with governmental entities, which mean they are more knowledgeable and
efficient on audits like yours. Our engagement partners have decades of experience and
take a hands-on approach to our assignments, which all ensures a smoother process for
you. Also, due to Grau's very low turnover rate for our industry, you won't have to worry
about retraining your auditors from year to year.
• Service
Our clients are pleased with the level of personalized service they receive from our
talented professionals. Because of our extensive experience, we are adept at making the
transition to a new firm as smooth as possible. We work with you to resolve any issues
and keep in regular contact so there are no surprises when the final report delivers. In
fact, your engagement team will report any potential audit adjustments to you on a
regular basis so you will have adequate time to research and respond. Additionally, we
have a disaster recovery plan that includes daily data back-ups and offsite file storage, so
in the case of an emergency, your records would be safe.
Agenda Page 79
Heritage Bay Community Development District
November 13, 2017
• Responsiveness
We pride ourselves on our high level of responsiveness. We answer emails and
telephone calls within 24 hours, and usually right away. We are always accessible to
clients during business hours, and make every effort to answer any questions as they
arise. Additionally, we don't just complete your audit and disappear. We understand the
"big picture" and think beyond the traditional auditor's perspective. We remain in touch for
the entire year, suggesting ways you can improve your District's performance,
procedures and controls. We will update, advise and educate you on new or revised
reporting requirements so you are sure to always remain compliant.
• Reputation
Our reputation in our field is impeccable. We have never been involved in any
litigation, proceeding or received any disciplinary action. Additionally, we have
never been charged with, or convicted of, a public entity crime of any sort.We have
the professional staff available to perform the engagement and resources required to
complete the work. We are financially stable and have never been involved in any
bankruptcy proceedings.
• Standards
Grau &Associates is a professional association / licensed certified public accounting firm
serving clients through the state of Florida. We are a member of the American Institute of
Certified Public Accountants (AICPA) and the Florida Institute of Certified Public
Accountants (FICPA). Additionally, individuals are members of both the (GFOA) and
(FGFOA). Grau is also a member of the Governmental Audit Quality Center(GAQC). Our
audit will follow the Auditing Standards of the AICPA, Generally Accepted Government
Auditing Standards, issued by the Comptroller General of the United States, and the
Rules of the Auditor General of the State of Florida, and any other applicable federal,
state and local regulations. We will deliver our reports in accordance with your
requirements.
This proposal is a firm and irrevocable offer for 90 days. We certify this proposal is made without
previous understanding, agreement or connection either with any previous firms or corporations
offering a proposal for the same items. We also certify our proposal is in all respects fair, without
outside control, collusion, fraud, or otherwise illegal action, and was prepared in good faith. Only
the person(s), company or parties interested in the project as principals are named in the
proposal. Grau has no existing or potential conflicts, and anticipates no conflicts during the
engagement. Our Federal I.D. number is 20-2067322.
We would be happy to answer any questions or provide additional information as needed. Please
do not hesitate to call or email either of our Partners, Antonio J. Grau, CPA (tgrau(c�graucpa.com)
or Racquel McIntosh, CPA (rmcintosh( graucpa.com) at 561.994.9299. We thank you for
considering our firm's qualifications and experience, and look forward to serving you.
Very truly yours,
Grau &Associates
Antonio J. Grau
2
1
1
1
1
CIAgenda Page 80
.400
frau & Associates
CERTIFIED PUBLIC ACCOUNTANTS
Firm Qualifications &
Experience
3
Agenda Page 81
Grau & Associates is a medium-sized accounting firm providing comprehensive financial and compliance
auditing, attestation and accounting, and other management consulting services and we are properly
registered and licensed by the State of Florida. The Partners, Consultant and Managers of Grau are
members of the American Institute of Certified Public Accountants and the Florida Institute of Certified Public
Accountants.
Grau &Associates is a properly registered/licensed State of Florida professional corporation and all assigned
supervisory professional staff are properly registered/licensed to practice in the State of Florida.
Grau's Focus and Experience
• We are dedicated to serving Special Districts.
• We currently audit over 300 Special Districts.
• Last year, Grau performed in excess of 19,000 hours of services for our Public Sector Clients under
Governmental Auditing Standards.
• Grau currently only provides audit and attestation services principally for governmental and non-
profit entities under government auditing standards. The firm and staff are 100% dedicated to the
audit practice.
During Grau's history we have consistently focused on providing service to the public sector. By focusing
our resources on this industry, we provide the highest level of services to our Public Sector Clients.
Grau & Associates has a total of 17 employees, 15 professional staff, including 2 Partners and 13
professionals who specialize in providing auditing, accounting, consulting, and monitoring services to the
Public Sector and 2 administrative professionals. The number of professional staff by employee
classification is as follows:
1 Partners* 2 2 ( 2
Managers* 3 --- -I 3 r--~—3
Advisory Consultant 1 1 1
ISupervisor/Seniors* r 4 f 3 4
Staff Accountants * ( 5 2 5
Total ( 15 11 f 15
*ALL FULL TIME EMPLOYEES
Compliance with Government Education Requirements
In order to maintain our high level of technical competence, we provide continuing professional education
programs for all partners and professional staff members, which exceed national and state standards. All
of the audit professionals of Grau & Associates exceed the education requirements as set forth in
Government Auditing Standards, published by the Comptroller General of the United States, and our
continuing professional education programs ensure that all audit professionals meet the requirements to
participate in audits of government agencies.
4
Agenda Page 82
Professional Staff Training
Partners - All of our Partners are CPA's and have diversified public accounting experience. They are
responsible for overall engagement performance, policy, direction and quality control and have far
exceeded minimum CPE requirements.
Managers - All of our Audit Managers are CPA's who have demonstrated the ability to plan audit
engagements, supervise personnel and maintain frequent contact with clients. They continually upgrade
their skills through the firm's continuing education programs and courses sponsored by the AICPA, FICPA
and GFOA. They have far exceeded minimum CPE Requirements.
Seniors - All of our Seniors have a minimum of 3 years of diversified public accounting experience. They
perform audits, evaluate staff, review findings and prepare audit reports. They possess the potential for
upward mobility and have far exceeded minimum CPE requirements.
Memberships
All of the firm's CPA's are properly licensed as CPA's and members in good standing of both the American
Institute of Certified Public Accountants and the Florida Institute of Certified Public Accountants. In addition,
certain firm professionals are members or have been members of the following professional groups:
• FICPA Committee on State and Local Government
• Florida Government Finance Officers Association (FGOA)
• Special Review Committee of the Government Finance Officers Association
• Florida Institute of CPA Non-Profit Conference Committee
• Florida Association of Special Districts(FASD)
• FGFOA Annual Conference Program Committee
• FASD Finance Committee
• FICPA Young CPAs Committee
• FICPA Accounting Careers Committee
In addition, we have an ongoing recruitment program that seeks only those accountants with a proven
record of academic success. When we recruit at the senior and manager level, we select CPA's with proven
governmental accounting and auditing experience.
Quality Control and Confidentiality
Grau participates in an external quality review program requiring an on-site independent examination of our
auditing practice. Grau has consistently received an unqualified opinion on the quality of our audit practice.
During our firm's last external quality control review, six audits were reviewed, including five government
audits.A copy of the report on the firm's most recent quality review can be found on the following page.
In addition to scheduled Peer Reviews, our firm continually monitors performance to ensure the highest
quality of services. Under the supervision of the Audit Partner, an Audit Manager is responsible for
monitoring quality control of all appropriate engagements.
Results of State and Federal Reviews
All state and federal reviews of the firm's reports and working papers have been accepted without change
or revision to issued reports.
5
Agenda Page 83
FICPA CPA
FICPA Peer Rena Program _-- NCPA Pent RetIew Pasant
in614rE•'•:rr:r::0.H by 1'"t Rgn:nziY^'::n R;rior tv!tit
..r,•!iI 0,ofilirk G•PA; FRIAR US.::l:[.^t(;PAS
March 2,2017
Antonio Jose Orau Jr,CPA
(frau&Associates
2700 N Military Trl Ste 350
Baca Raton,FL 33431
Dear Mr.Grau:
II is my pleasure to notify you that on March 2,2017 the Florida Peer Review Committee
accepted the report on the most recent system peer review of your firm.The due dale for
your next review is December 31,2019.This is the date by which all review documents
should he completed and submitted to the administering eutily.
As you know,the report had a peer review rating of pass.The Committee asked me to
convey its congratulations to the firm.
•
Sincerely,
Doh �
Paul N.prows,CPA,CDMA
Director of Technical Services
cc:Daniel Joseph Devitt,CPA
Finn Number:4390114 Review Number:474720
929 W CoAge hrr, P.O.non 1407 TJlahas,ee,FL 32319 1850)221.2727 1600)31)1197.lar:(630)222.6190 w.o,,tic a.otg
AICPA)
PEER REVIEW PROGRAM
is proud to present this
Certificate of Recognition
to
Grau & Associates
For having a system of quality control for its accounting and auditing practice in effect for the year
ended June 30.2016 which has been designed to mccl the requirements of the quality control standards
for an accounting and auditing practice established by the AICPA and which was complied with during the year
then ended to provide the firm with reasonable assurance of conforming with professional standards`
e
6
Agenda Page 84
Partial List of Clients
The following is a partial list of clients served and related experience:
COMMUNITIf DEVELOPMENT DISMICTS t a to
74 1 >
0 u
Aberdeen Community Development District V 9/30
Allen Plantation Community Development District V 9/30
Amelia Concourse Community Development District ✓ 9/30
Amelia National Community Development District V 9/30
Amelia Walk Community Development District ✓ 9/30
Anthem Park Community Development District V 9/30
Antigua at St.Augustine Community District V 9/30
Aqua One Community Development District V 9/30
Arbor Green Community Development District ✓ V 9/30
Arbor Green Community Development District ✓ V 9/30
Arlington Ridge Community Development District V 9/30
Armstrong Community Development District V V 9/30
Artisan Lakes Community Development District ✓ 9/30
Asturia Community Development District ✓ ✓ 9/30
Ave Maria Stewardship Community Development District V ✓ 9/30
Aventura Isles Community Development District ✓ V 9/30
Bahia Lakes Community Development District ✓ V 9/30
Ballantrae Community Development District V ✓ 9/30
Ballantrae Hillsborough Community Development District V V 9/30
Bartram Park Community Development District V V 9/30
Bartram Springs Community Development District ✓ ✓ 9/30
Bay Creek Community Development District V ✓ 9/30
Bay Laurel Community Development District V ✓ V 9/30
Bay Tree Community Development District V ✓ 9/30
Bayside Improvement Development District V ✓ 9/30
Baywinds Community Development District V 9/30
Beach Community Development District ✓ 9/30
Beacon Tradeport Community Development District ✓ 9/30
Beeline Community Development District ✓ ✓ 9/30
Bella Verda East Community Development District V 9/30
Bella Verde Lake Community Development District V 9/30
Bella Vida Community Development District V ✓ 9/30
Bellagio Community Development District V ✓ 9/30
Belmont Community Development District ✓ 9/30
Belmont Lakes Community Development District ✓ V 9/30
Bexley Community Development District V V 9/30
Blackburn Creek Community Development District ✓ 9/30
Bluewaters Community Development District V V 9/30
7
Agenda Page 86
c v d o
COMMUNITY DEVELOPMENT DISTRICTS
Connerton West Community Development District ✓ 9/30
Copper Creek Community Development District V V 9/30
Copper Oaks Community Development District V ✓ 9/30
Copperstone Community Development District ✓ V 9/30
Coral Bay Community Development District ✓ V 9/30
Coral Keys Homes Community Development District ✓ 9/30
Coral Town Park Community Development District ✓ 9/30
Cordoba Ranch Community Development District ✓ ✓ 9/30
Corkscrew Farms Community Development District ✓ V 9/30
Coronado Community Development District ✓ ✓ 9/30
Cory Lakes Community Development District ✓ ✓ 9/30
Country Club of Mount Dora Community Development District ✓ 9/30
Country Greens Community Development District ✓ V 9/30
Country Walk Community Development District V V 9/30
Covington Park Community Development District V V 9/30
Creekside Community Development District V ✓ 9/30
Crestview II Community Development District ✓ ✓ 9/30
Crestview West Community Development District ✓ ✓ 9/30
Cross Country Home Services Community Development District ✓ 9/30
Cross Creek Community Development District ✓ 9/30
Cutler Cay Community Development District V 9/30
Cypress Cove Community Development District ✓ V 9/30
Cypress Grove Community Development District V V 9/30
Cypress Lakes Community Development District V ✓ 9/30
Cypress Shadows Community Development District ✓ V 9/30
Deer Island Community Development District V 9/30
Deer Run Community Development District V 9/30
Diamond Hill Community Development District ✓ 9/30
Double Branch Community Development District V V 9/30
Dove Pond Community Development District ✓ 9/30
Downtown Doral Community Development District V ✓ 9/30
Dunes Community Development District ✓ V ✓ 9/30
Dupree Lakes Community Development District V ✓ 9/30
Eagle Point Community Development District V 9/30
East Bonita Bridge Road Community Development District V V 9/30
East Park Community Development District ✓ ✓ 9/30
Easton Park Community Development District V 9/30
Enclave at Black Point Marina Community Development District ✓ V 9/30
Encore Community Development District V V 9/30
Enterprise Community Development District ✓ ✓ V 9/30
Epperson Ranch Community Development District V V 9/30
Estancia at Wiregrass Community Development District V 9/30
9
Agenda Page 87
Ia.
e .0 u To
COMMUNITY DEVEOPMEHT DEWE.a t 1
Estates at Cherry Lake Community Development District V V 9/30
Estuary Community Development District V 9/30
Falcon Trace Community Development District ✓ ✓ 9/30
Fallschase Community Development District ✓ ✓ 9/30
Fiddler's Creek Community Development District ✓ 9/30
Fishhawk I Community Development District V V 9/30
Fishhawk II Community Development District V V 9/30
Fishhawk III Community Development District ✓ 9/30
Fishhawk IV Community Development District ✓ V 9/30
Fleming Island Plantation Community Development District ✓ V 9/30
Florida Green Finance Authority ✓ 1 9/30
Founder's Ridge Community Development District V 9/30
Fountainbleau Lakes Community Development District V V 9/30
Forest Creek Community Development District V 9/30
Gardens at Millenia Community Development District / 9/30
Glen St.Johns Community Development District ✓ 9/30
Gramercy Farms Community Development District V 9/30
Grand Bay at Doral Community Development District V V 9/30
Grand Hampton Community Development District V V 9/30
Grand Haven Community Development District V ✓ 9/30
Greater Lakes/Sawgrass Community Development District / V 9/30
Green Corridor PACE District ✓ ✓ 9/30
Greyhawk Landing Community Development District ✓ 9/30
Groves Community Development District V ✓ 9/30
Habitat Community Development District V 9/30
Hacienda Lakes Community Development District V V 9/30
Hama!Community Development District ✓ V 9/30
Hammocks Community Development District ✓ V 9130
Harbor Bay Community Development District V 9/30
Harbour Isles Community Development District 1 9/30
Harbourage at Braden River Community Development District V ✓ 9/30
Harmony Community Development District V 9/30
Harrison Ranch Community Development District 1 9/30
Hawk's Point Community Development District 1 9/30
Hemmingway Point Community Development District ✓ ✓ 9/30
Heritage Bay Community Development District ✓ ✓ _9/30
Heritage Greens Community Development District V ✓ 9/30
Heritage Harbor Community Development District V 9/30
Heritage Harbor at Braden River Community Development District 1 9/30
Heritage Harbour Market Place Community Development District V 9/30
Heritage Harbour South Community Development District 1 9/30
Heritage Isles at Viera Community Development District 1 9/30
10
Agenda Page 88
A+ C
Y
PMS DIiRIC1S 3 i
. 9
CONIMUHI�Y DEV�O 1< 3
d � m
t 5 v >.
Heritage Isles Community Development District ✓ 9/30 I
Heritage Landing Community Development District ✓ ✓ 9/30
Heritage Oak Park Community Development District ✓ ✓ 9/30
Heritage Park Community Development District ✓ ✓ 9/30
Heritage Plantation Community Development District ✓ ✓ 9/30
Heritage Springs Community Development District V ✓ 9/30
Heron Isles Community Development District V 9/30
Hickory Hammock Community Development District ✓ 9/30
High Ridge/Quantum Community Development District V 9/30
Highlands Community Development District V V 9/30 1
Hollywood Beach Community Development District V ✓ 9/30
Homestead 50 Community Development District V 9/30
Hypoluxo-Haverhill Community Development District / ✓ 9/30
Independence Park Community Development District ✓ 9/30
Indigo Community Development District V V 9/30
Indigo East Community Development District ✓ ✓ 9/30
Interlaken Community Development District V 9/30
Islands at Doral III Community Development District ✓ ✓ 9/30
Islands at Doral(NE)Community Development District ✓ V 9/30
Islands at Dorsi(SW)Community Development District ✓ ✓ 9/30 I
Islands at Doral Townhomes Community Development District ✓ ✓ 9/30
II
Isles of Bartram Park Community Development District V ✓ 9/30
Journeys End Community Development District V ✓ 9/30
Jurlington Creek Plantation Community Development District V 9/30
K-Bar Ranch Community Development District V ✓ 9/30
Kendall Breeze Community Development District ✓ V 9/30
Kendall Breeze West Community Development District V ✓ 9/30
Key Marco Community Development District V V 9/30
Keys Cove Community Development District V V 9/30
Keys Cove II Community Development District V V 9/30
La Collina Community Development District V V 9/30
Laguna Estates Community Development District ✓ 9/30
Laguna Lakes Community Development District V V 9/30
Lake Ashton Community Development District ✓ V 9/30
Lake Ashton II Community Development District ✓ V 9/30
Lake Francis Community Development District I V 9/30
Lake Padgett Estates Independent District V V 9/30
Lake Powell Residential Golf Community Development District V 9/30
Lakes by the Bay South Community Development District ✓ ✓ 9/30
Lakeshore Ranch Community Development District ✓ 9/30
,
Lakeside Community Development District ✓ 9/30
Lakeside Landings Community Development District V 9/30
11
Agenda Page 89
+- C
d Is
COMMUNITY�VOPM DISTRICTSE 4 p 1 c
1a _ „
o " z '
Lakeside Plantation Community Development District ✓ V 9/30
Lakewood Ranch 1 Community Development District ✓ 9/30
Lakewood Ranch 2 Community Development District ✓ 9/30
Lakewood Ranch 3 Community Development District ✓ 9/30
Lakewood Ranch 4 Community Development District ✓ 9/30
Lakewood Ranch 5 Community Development District V 9/30
Lakewood Ranch 6 Community Development District ✓ 9/30
Legacy Springs Community Development District ✓ 9/30
Legends Bay Community Development District ✓ 9/30
Lexington Community Development District ✓ V 9/30
Live Oak Lake Community Development District ✓ V 9/30
Live Oak No. 1 Community Development District ✓ ✓ 9/30
Long Lake Ranch Community Development District V ✓ 9/30
Longleaf Community Development District ✓ 9/30
Lucaya Community Development District ✓ ✓ 9/30
Madeira Community Development District / 9/30
Magnolia Park Community Development District ✓ 9/30
Magnolia West Community Development District ✓ 9/30
Main Street Community Development District ✓ 9/30
Mainstreet Community Development District
V 9/30
Majorca Isles Community Development District V V 9/30
Maple Ridge Community Development District ✓ V 9/30
Marsh Harbour Community Development District ✓ 9/30
Marshall Creek Community Development District ✓ 9/30
Mayfair Community Development District ✓ 9/30
Meadow Pines Community Development District V V 9/30
Meadow Point I Community Development District V V 9/30
Meadow Point III Community Development District V 9/30
Meadow Point IV Community Development District ✓ 9/30
Meadow Woods Community Development District ✓ 9/30
Mediterra North Community Development District ✓ V 9/30
Mediterra South Community Development District V V 9/30
Mediterranea Community Development District V V 9/30
Middle Village Community Development District ✓ ✓ 9/30
Mira Lago West Community Development District V 9/30
Mirada Community Development District ✓ ✓ 9/30
Miromar Lakes Community Development District ✓ 9/30
Montecito Community Development District V V 9/30
Monterey/Congress Community Development District V V 9/30
Myakka Community Development District V ✓ 9/30
Moody River Estates Community Development District ✓ 9/30
Myakka Ranch Community Development District ✓ V 9/30
12
Agenda Page 90
+c e
COMMUNITY DEVELOPMENT DISTRICTS ii a A c 1
((IJ U
Myrtle Creek Community Development District 9/30
Naples Heritage Community Development District 9/30
Narcoossee Community Development District 9/30
Newport Tampa Bay Community Development District 9/30
North Dade Community Development District 9/30
Northern Riverwalk Community Development District 9/30
Northwood Community Development District 9/30
Oak Creek Community Development District 111111 9/30
Oakridge Community Development District 9/30
Oaks at Shady Creek,The Community Development District 9/30
Oakstead Community Development District 9/30
Old Palm Community Development District 9/30
Orchid Grove Community Development District 9/30
Osprey Oaks Community Development District 9/30
OTC Community Development District 9/30
Palm Bay Community Development District 9/30
Palm Beach Plantation Community Development District 9/30
Palm Coast Park Community Development District 9/30
Palm Glades Community Development District 9/30
Palma Sola Trace Community Development District 9/30
Palms of Terra Cela Bay Community Development District 9/30
Pan American West Community Development District 9/30
Panther Trace I Community Development District 9/30
Panther Trace II Community Development District 9/30
Panther Trails Community Development District 9/30
Parker Road Community Development District 9/30
Parklands Lee Community Development District 9/30
Parklands West Community Development District 9/30
Parkway Center Community Development District 9/30
Paseo Community Development District 9/30
PBR Community Development District 9/30
Pebblewalk Village Community Development District 9/30
Pelican Marsh Community Development District 9/30
Pembroke Harbor Community Development District 9/30
Pentathlon Community Development District 9/30
Pine Air Lakes Community Development District 9/30
Pine Island Community Development District 111 9/30
Pine Island South Community Development District 9/30
Piney-Z Community Development District 9/30
Pioneer Community Development District 9/30
Poinciana Community Development District ✓ 9/30
Poinciana West Community Development District ✓ ✓ 9/30
13
I
Agenda Page 91
MC
d
moi' ours - I
OMMUNITY Ec L
13 U
Portico Community Development District V ✓ 9/30
Portofino Cove Community Development District V ✓ 9/30
Portofino Isles Community Development District V ✓ 9/30
Portofino Landings Community Development District V ✓ 9/30
Portofino Shores Community Development District V ✓ 9/30
Portofino Springs Community Development District V 9/30
Portofino Vineyards Community Development District ✓ 9/30
Portofino Vista Community Development District V V 9/30
Preserve at Wilderness Lake Community Development District V 9/30
Principal One Community Development District V ✓ 9/30
Quantum Community Development District ✓ 9/30
Quantum Park Overlay Community Development District V ✓ 9/30
Quarry Community Development District V V 9/30
Randal Park Community Development District ✓ V 9/30
Remington Community Development District ✓ 9/30
Renaissance Community Development District ✓ ✓ 9/30
Reserve Community Development District V 9/30
Reserve 2 Community Development District ✓ V 9/30
Reunion East Community Development District V 9/30
Reunion West Community Development District ✓ 9/30
River Bend Community Development District ✓ 9/30
River Glen Community Development District V 9/30
River Hall Community Development District V 9/30
River Place on the St.Lucie Community Development District V 9/30
River Ridge Community Development District V V 9/30
Rivercrest Community Development District V 9/30
Rivers Edge Community Development District V 9/30
Sable Palm Community Development District V V 9/30
Sail Harbour Community Development District V V 9/30
Sampson Creek Community Development District V 9/30
Sandy Creek Community Development District ✓ ✓ 9/30
Sausalito Bay Community Development District V ✓ 9/30
Seven Oaks I Community Development District V 9/30
Seven Oaks II Community Development District ✓ 9/30
Silver Palms Community Development District V V 9/30
Silverado Community Development District V ✓ 9/30
Six Mile Creek Community Development District V V 9/30
Somerset Community Development District V 9/30
Sonoma Bay Community Development District ✓ ✓ 9/30
South Bay Community Development District ✓ 9/30
South Fork Community Development District V 9/30
South Fork East Community Development District V V 9/30
14
Agenda Page 92
Ta ., e
IMUNI1YDEVELOPMENT' DISTRICTS Elet k
South Fork III Community Development District ✓ ✓ 9/30
South Kendall Community Development District ✓ 9/30
South Shore Corporate Park Industrial Community Development District ✓ V 9/30
South-Dade Venture Development District ✓ ✓ 9/30
South Village Community Development District V 9/30
Southaven Community Development District ✓ 9/30
Southern Hills Plantation I Community Development District ✓ 9/30
Southern Hills Plantation II Community Development District ✓ 9/30
Southern Hills Plantation III Community Development District V 9/30
Spicewood Community Development District ✓ ✓ 9/30
Split Pine Community Development District ✓ 9/30
Springridge Community Development District(formerly Killarney) ✓ ✓ 9/30
St.John's Forest Community Development District ✓ 9/30
Sterling Hill Community Development District ✓ 9/30
Stevens Plantation Community Development District ✓ V 9/30
Stonebrier Community Development District ✓ 9/30
Stonegate Community Development District ✓ ✓ 9/30
Stoneybrook at Venice Community Development District ✓ ✓ 9/30
Stoneybrook Community Development District ✓ V 9/30
Stoneybrook Oaks Community Development District ✓ 9/30
Storey Park Community Development District ✓ ✓ 9/30
Summerville Community Development District ✓ ✓ 9/30
Summit at Fern Hill Community Development District ✓ ✓ 9/30
Sunny Hills Units 12-15 Dependent District ✓ 9/30
SWI Community Development District ✓ 9/30
Talavera Community Development District ✓ ✓ 9130
Talis Park Community Development District ✓ V 9/30
Tampa Palms Community Development District V V 9/30
Tampa Palms Open Space and Transport Community Development District ✓ ✓ 9/30
Tapestry Community Development District ✓ ✓ 9/30
Tara Community Development District V 9/30
Terra Bella Community Development District ✓ 9/30
Tesoro Community Development District ✓ V 9/30
Thousand Oaks Community Development District ✓ V 9/30
Tison's Landing Community Development District ✓ 9/30
Tolomato Community Development District ✓ ✓ 9/30
Tomoka Community Development District ✓ ✓ 9/30
Toscana Isles Community Development District ✓ 9/30
Town Center at Palm Coast Community Development District V V 9/30
Tradition Community Development District ✓ 9/30
Trails Community Development District ✓ 9/30
Trails at Monterey Community Development District ✓ ✓ 9/30
15
Agenda Page 93
asa+ C
COMMUNI Y DEVELOPMENT DISTRICTS E r s
Treaty Oaks Community Development District 9/30
Tree Island Estates Community Development District 9/30
Treeline Preserve Community Development District 9/30
Trevesta Community Development District 9/30
Triple Creek Community Development District 9/30
TSR Community Development District II 9/30
Turnbull Creek Community Development District 9/30
Turtle Run Community Development District 11111 9/30
Tuscany Reserve Community Development District 9/30
Twelve Oaks Community Development District 9/30
Two Creeks Community Development District III 9/30
University Place Community Development District 9/30
University Square Community Development District 9/30
Urban Orlando Community Development District 9/30
Valencia Acres Community Development District 9/30
Vasari Community Development District 9/30
Venetian Community Development District II 9/30
Venetian Isles Community Development District 9/30
Venetian Parc Community Development District ,e 9/30
Verandah Community Development District 9/30
Verandah East Community Development District 9/30
Verandah West Community Development District 9/30
Verandahs Community Development District 9/30
Verano#1 Community Development District 9/30
Verano Center Community Development Districte,� 9/30
Verona Walk Community Development District 9/30
Viera East Community Development District 9/30
Villa Portofino East Community Development District 9/30
Villa Portofino West Community Development District 9/30
Villa Vizcaya Community Development District 9/30
Village Walk of Bonita Springs Community Development District 9/30
Villages at Bloomingdale Community Development District 9/30
Village at Gulfstream Park Community Development District 9/30
Villages of Glen Creek Community Development District 9/30
Villages of Westport Community Development District 9/30
Vista Community Development District 011 9/30
Vista Lakes Community Development District 9/30
Vizcaya in Kendall Community Development District 9/30
Walnut Creek Community Development District 1111111 9/30
Waterchase Community Development District 9/30
Waterford Estates Community Development District ✓ ✓ 9/30
Waterford Landing Community Development District ✓ ✓ 9/30
16
Agenda Page 94
e
v
DI TRICF'S
COMMUNITY LEVELMENTa « ; b*
43 U
Watergrass Community Development District V ✓ 9/30
Waterlefe Community Development District ✓ 9/30
Water's Edge Community Development District I ✓ 9/30
Waterset North Community Development District ✓ 9/30
Waterstone Community Development District V ✓ 9/30
Wentworth Estates Community Development District ✓ 9/30
West Lake Community Development District ✓ ✓ 9/30
West Villages Independent District ✓ ✓ 9/30
Westchase Community Development District ✓ V 9/30
Westchester Community Development District ✓ 9/30
Westridge Community Development District V 9/30
Willow Creek Community Development District ✓ 9/30
Winding Cypress Community Development District ✓ ✓ 9/30
Windsor at Westside Community Development District ✓ ✓ 9/30
Winston Trails East Community Development District ✓ 9/30
Winter Garden Village at Fowler Groves Community Development District ✓ 9/30
Woodlands Community Development District V 9/30
World Commerce Community Development District V 9/30
Wyndam Park Community Development District ✓ V 9/30
Wynnfield Lakes Community Development District ✓ 9/30
Wynnmere West Community Development District ✓ ✓ 9/30
TOTAL 437 3 255
n a+'.
OTllEMENTALFRffliES
. .. .-.UI Ci„,
. . . "
8 a H 3 8 S'
Broward County School District(Joint Venture) ✓ N/A
(Assessment of Maintenance Operations)
Broward County School District(Joint Venture,20%) V V ✓ 6/30
Florida Community College at Jacksonville(Internal Audit) ✓ 6/30
Florida Transit Association Finance Corporation ✓ V V 6/30
Highland County School District(Internal Funds Audit) ✓ 6/30
Palm Beach County School District(Assessment of maintenance for Facility V V 6/30
and Property Management)(Internal Funds Audit)
Palm Beach County School District(Joint Venture,20%) V ✓ V 6/30
Migrant Health Services of Palm Beach County V ✓ N/A
South Florida Water Management District V 9/30
South Florida Water Management District CERP Program V N/A
Management Services(Joint Venture)
State of Florida Department of Management Services(Construction) V N/A
State of Florida Department of Transportation(Overhead Audits-Various) V V N/A
TOTAL 2 3 8 4 2 2
17
Agenda Page 95
NON-PROFIT CLIENTS SERVED
iegAND " x 3 i
RELATED EXPERMTCE j1iti W TA ,
a 4
Aid to Victims of Domestic Abuse,Inc. ✓ V V V V 6/30
Alliance for Human Services,Inc. V ✓ 6/30
Brevard Workforce Development Board,Inc. ✓ V 6/30
Broward County Human Rights Board/Division(Joint Venture,30%) V V N/A
Broward Education Foundation V ✓ ✓ V 6/30
CareerSource Broward ✓ V 9/30
Christian Manor ✓ ✓ V V / V 12/31
Delray Beach Community Land Trust V ✓ 9/30
Family Promise V ✓ 12/31
Florida Public Transportation Association,Inc. ✓ I V V 9/30
Florida Transit Association Finance Corporation V ✓ 9/30
Hispanic Human Resources Council V V V ✓ ✓ ✓ V 9/30
Mae Volen Senior Center ✓ ✓ ✓ ✓ ✓ V 6/30
National Board for Registration of Registrars V ✓ 3/31
National Cancer Registration Board ✓ ✓ 6/30
North Lauderdale Academy High School ✓ ✓ 6/30 1
Northwood Development Corporation V ✓ V V V V 9/30
Palm Beach Community College Foundation ✓ ✓ ✓ 6/30
Palm Beach County Workforce Development Board(Joint Venture, ✓ 6/30
25%)
Pasco-Hernando Workforce Board V ✓ 6/30
Southwest Florida Workforce Development Board V ✓ ✓ 6/30
Urban League of Palm Beach County V ✓ I 6/30
TOTAL 9 13 5 13 9 13 6
4
PLANS12 i
RETEREIVENT yup
G t p W
E
Campbell Property Management 401(k) V ✓ V 12/31
City of Cooper City General Employee Retirement Plan V V 9/30
City of Lauderhill General Employee Retirement Plan V V 9/30
City of Parkland Police Pension Fund ✓ ✓ 9/30
City of Sunrise General Employees'Retirement System V ✓ 9/30
Cross County Home Services and Affiliates 401(k)Plan ✓ ✓ V 9/30
Danmar Corporation 401(k)Plan ✓ ✓ 12/31
Florida Public Utilities 401(k)and Pension Plans ✓ ✓ 12/31
Jacksonville Police and Fire Pension Fund ✓ 9/30
Pinetree Water Control District Defined Contribution Retirement Plan ✓ 9/30
San Carlos Park Fire Protection and Rescue Service District ✓ ✓ 9/30
Town of Davie General Employees Retirement Plan V 9/30
Town of Hypoluxo Defined Contribution Retirement Plan V ✓ 9/30
Town of Lauderdale By The Sea Volunteer Firefighters Pension Plan V V 9/30
TOTAL 14 4 9
18
Agenda Page 96
SPECIAL DISTRICTS RI e a o a13
; ki
6
ki
as a b r
is IA m U
Belle Fontaine Improvement District V 9/30
Boca Raton Airport Authority V ✓ 9/30
Central Broward Water Control District ✓ ✓ 9/30
Central County Water Control District ✓ 9/30
Citrus County Mosquito Control District ✓ 9/30
Coquina Water Control District ✓ V 9/30
East Central Regional Wastewater Treatment Facility V V ✓ 9/30
East Naples Fire Control and Rescue District V ✓ 9/30
Greater Boca Raton Beach and Park District ✓ ✓ 9/30
Greeneway Improvement District ✓ 9/30
Hobe-St.Lucie Conservancy District ✓ ✓ 9/30
Homestead Educational Facilities Benefits District ✓ 9/30
Horizons Improvement District ✓ 9/30
Indian Trail Improvement District V ✓ 9/30
Key Largo Waste Water Treatment District ✓ ✓ ✓ ✓ 9/30
Lake Padgett Estates Independent Special District V 9/30
Lakewood Ranch Inter-District Authority ✓ 9/30
Lost Rabbit Public Improvement District V 9/30
Loxahatchee Groves Water Control District V ✓ 9/30
Myakka City Fire Control District V 9/30
Old Plantation Control District V ✓ 9/30
Pal Mar Water Control District ✓ ✓ 9/30
Palm Beach Soil and Water Conservation District V 9/30
Pinellas Park Water Management District V ✓ 9/30
Pine Tree Water Control District(Broward) V ✓ 9/30
Pinetree Water Control District(Wellington) ✓ ✓ 9/30
Ranger Drainage District ✓ V 9/30
Renaissance Improvement District V V 9/30
San Carlos Park Fire Protection and Rescue Service District V v 9/30
South Central Regional Wastewater Treatment and Disposal Board V ✓ ✓ 9/30
South Indian River Water Control District V ✓ ✓ 9/30
South Trail Fire Protection&Rescue District V ✓ 9/30
St.Lucie West Services District V ✓ 9/30
Sun'N Lake of Sebring Improvement District V V 9/30
Sunshine Water Control District ✓ ✓ 9/30
Twelve Oaks Improvement District ✓ 9/30
West Lakeland Water Control District V 9/30
West Villages Independent District V ✓ 9/30
TOTAL 38 3 3 24
19
Agenda Page 97
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20
Agenda Page 98
10- 1"
Grau & Associates
CERTIFIED PUBLIC ACCOUNTANTS
Staff Qualifications,
Experience & Resumes
21
i
Agenda Page 99
OUALITY AND EXPERIENCE OF FIRM'S ASSIGNED AUDITING PERSONNEL
You will have two partners available and our consultant for any technical assistance. In addition, a senior
will be assigned to the engagement that will perform the majority of fieldwork. Additional staff are available
to assist with the engagement should the need arise.
Name Years CPE within last 2 Professional
performing years Memberships
government
audits
•
ANTONIO J. GRAU, CPA Over 30 Government Accounting, AICPA
(Partner) Auditing:63 hours FICPA
FGFOA
Accounting,Auditing and GFOA
Other:62 hours
ANTONIO S. GRAU, CPA Over 40 Government Accounting and AICPA
(Concurring Review Consultant) Auditing:32 hours FICPA
ICPA
Accounting,Auditing and
Other:62 hours
RACQUEL MCINTOSH, CPA Over 10 Government Accounting and AICPA
(Partner) Auditing hours:61 FICPA
FGFOA
Accounting,Auditing and FASD
Other:41 hours
•
22
Agenda Page 100
POSITION DESCRIPTIONS
Enaagement Partner
The engagement will be performed under the direct supervision of an Engagement Partner. The
Engagement Partner will participate extensively during the various stages of the engagement and has
direct responsibility for engagement policy, direction, supervision, quality control, security, confidentiality
of information of the engagement and communication with client personnel.
The Engagement Partner will also be involved in:
• coordinating all services;
• directing the development of the overall audit
approach and plan;
• performing an overriding review of work papers; '
• resolving technical accounting and reporting issues; .,`
• reviewing, approving and signing reports,
management letters, and other audit engagement
products; and,
• ascertaining client satisfaction with all aspects of our ;,
engagement, such as services and the personnel
assigned.
Concurring Review and Advisory Consultant
A Concurring Review Consultant will be available as a sounding board to advise in those areas where
problems are encountered. He will also perform a second review of all reports to be issued by Grau &
Associates.
Audit Manager and Senior
The assigned personnel will work closely with the partner and the District to ensure that the financial
statements and all other reports are prepared in accordance with professional standards and firm policy.
Responsibilities will include:
• planning the audit;
:• preparing or modifying audit programs, as needed;
:• evaluating internal control and assessing risk;
:• communicating with the client and the partners the progress of the audit; and
• determining that financial statements and all reports issued by the firm for accuracy, completeness
and that they are prepared in accordance with professional standards and firm policy.
Information Technoloav Consultants and Personnel
In addition to the assigned personnel above, Grau and Associates has staff with significant IT auditing
experience that will assist in the evaluation and testing of internal controls. Because our staff has both a
financial audit and IT background, they are able to communicate effectively all IT related concerns to
management. In addition, Grau contracts with an outside group of IT management consultants to assist with
matters including, but not limited to; network and database security, Internet security and vulnerability testing.
CONTINUITY Grau's engagement team's workload is organized in such a way that additional
OF STAFF AND activities brought about by this engagement will not impact our current commitments
AUDIT TEAM to our clients. We have sufficient staff capacity to integrate these professional services
into our present operations, while continuing to maintain the highest standards of
quality and time lines for our clients.
23
Agenda Page 101
COMPOSITION OF ENGAGEMENT TEAM
In contrast to the majorityof both national and local firms, Grau's proposed engagement team is
comprised of an exceptionally large percentage of high-level audit professionals. This gives us the
ability to quickly recognize problems and be more efficient as a result of our Team's DECADES of
governmental auditing experience.
Grau & Associates
30% .,PARTNER/CONSULTANT
-MANAGERS
■SENIOR
STAFF
30%
I
.
� 20%
r)-1,'S.kip n ',
20%
80 percent of engagement will be performed by
Partners, Management and Senior Staff
VS.
Typical Local CPA Firm: Typical National CPA Firm
c PARTNERS
15% ^PARTNERS 10% MANAGERS
F SENIOR
r MANAGERS
e q.',. SFNA)R - STAFF
STAFF
45% .
15%.
20%
55% ,,i,'
rv :
20%
Fifty-five percent of engagement is Forty-five percent of engagement Is
performed by "Management" performed by"Management"
24
Agenda Page 102
Antonio ]. Grau, CPA, Partner
e-mail: tgrau(cgraucpa.com
Education
Bachelor of Arts, Business Administration, 1983 University of South Florida; Certificate of Educational
Achievement from the AICPA in Governmental Single Audits,2016
Professional History
CPA, in Florida since February 28, 1985, Certificate No. 15330
Grau &Associates Partner 2005-Present
Grau&Company Partner 1995-2005
Grau &Company Audit Manager 1987-1995
International Firm Auditor 1985-1986
Grau&Company Staff Accountant 1983-1984
Clients Served (partial list)
(>300)Various Special Districts Key Largo Water Treatment District
Brevard Workforce Board Mae Volen Senior Center, Inc.
Broward Education Foundation North Lauderdale Academy High School
City of Cooper City Orlando Housing Authority
City of Lauderdale Lakes Palm Beach County Workforce Development Board
City of Lauderhill Peninsula Housing Programs
City of Lauderhill General Pension School Board of Broward County
City of North Lauderdale School Board of Miami-Dade County
City of Oakland Park School Board of Palm Beach County
City of Weston South Florida Water Management District
Delray Beach Housing Authority Southwest Florida Workforce Development Board
East Central Regional Wastewater Treatment Fad. Town of Davie
Florida Community College at Jacksonville Town of Highland Beach
Florida Department of Management Services Town of Hypoluxo
Greater Boca Raton Park&Beach District Village of Golf
Highland County School District Village of Wellington
Hispanic Human Resource Council West Palm Beach Housing Authority
Professional Education (over the last two years)
Course Hours
Government Accounting and Auditing 63
Accounting,Auditing and Other 62
Total Hours22(includes of 4 hours of Ethics CPE)
Other Qualifications
As a member of the Government Finance Officers Association Special Review Committee, Mr. Grau
participated in the review process for awarding the GFOA Certificate of Achievement in Financial
Reporting. Mr. Grau was the review team leader for the Quality Review of the Office of Management
Audits of School Board of Miami-Dade County.
Professional Associations/Memberships
American Institute of Certified Public Accountants Florida Government Finance Officers Association
Florida Institute of Certified Public Accountants Government Finance Officers Association Member
City of Boca Raton Financial Advisory Board Member
25
Agenda Page 103
Antonio S. Grau, CPA, Concurring Review Consultant
e-mail: asgrauAgraucpa.com
Education
Bachelor Degree, Business Administration, 1966, University of Miami, Certificate of Educational
Achievement from the AICPA in Governmental and Not-For-Profit Accounting and Auditing, 1994/1995
Professional History
CPA in Florida since April 29, 1970,Certificate No. 2623
Grau&Company Partner 1977-2004
Public Company Financial Officer 1972-1976
International Firm Auditor 1966-1972
Clients Served (partial list)
Mr.Grau was the head of the governmental audit department of Grau &Company,and performs the
concurring review and advises on all the governmental audits of the firm.
Atlanta Housing Authority Hispanic Human Resource Council
Broward County Housing Authority Mae Volen Senior Center, Inc.
City of Dania Beach Miami Beach Housing Authority
City of Lauderdale Lakes North Lauderdale Academy High School •
City of Lauderhill Palm Beach County Workforce Development Board
City of Lauderhill General Pension School Board of Miami-Dade County
City of Miami Springs South Florida Water Management District
City of Oakland Park Town of Hypoluxo
City of Sweetwater Pension Town of Lauderdale-By-The-Sea
Florida Community College at Jacksonville Town of Miami Lakes
Highland County School District Town of Southwest Ranches
Downtown Development Authority of the City of Village of Biscayne Park
Miami/Community Development Block Grants West Palm Beach Housing Authority
Professional Education (over the last two years)
Course Hours
Government Accounting and Auditing 32
Accounting,Auditing and Other 62
Total Hours 94(includes of 4 hours of Ethics CPE)
Other Qualifications
Mr. Grau was the review team leader for the Quality Review of the Office of Management Audits of
School Board of Miami-Dade County.
Professional Associations/Memberships
Member,American Institute of Certified Public Accountants Institute of Certified Public Accountants(1996-1997)
Member, Florida Institute of Certified Public Accountants Institute of Certified Public Accountants (1991 -1993)
Past member,State and Local Government Committee, Florida
Past member,Quality Review Acceptance Committee, Florida
Past member of BKR International Committee on Government and Non-Profit Accounting and Auditing
26
Agenda Page 104
Racquel C. McIntosh, CPA, Partner
e-mail: rmcintosh(d graucpa.com/ 561-939-6669
Education
Master of Accounting, MACC; Florida Atlantic University, December 2004;
Bachelor of Arts—Majors:Accounting and Finance; Florida Atlantic University, May 2003
Professional History
Grau&Associates Partner 2014-Present
Grau&Associates Manager 2009-2014
Grau&Associates Senior Auditor 2007-2009
Grau&Associates Staff Auditor 2006-2007
Grau&Company Staff Auditor 2005-2006
Clients Served (partial list)
(>300)Various Special Districts Pinetree Water Control District(BrowardlPalm Beach)
Boca Raton Airport Authority Ranger Drainage District
Brevard Workforce Development Board San Carlos Park Fire Protection&Rescue District
Broward Education Foundation South Central Reg.Wastewater Treatment&Disposal Bd.
Central Broward Water Control District South Trail Fire Protection&Rescue
City of Cooper City Southwest Florida Workforce Development Board
City of Pompano Beach (Joint Venture) Sun N Lake of Sebring Improvement District
City of West Park Town of Highland Beach
City of Weston Town of Hypoluxo
East Central Reg.Wastewater Treatment Fac. Town of Lantana
East Naples Fire Control&Rescue District Town of Hillsboro Beach
Greater Boca Raton Beach &Park District Village of Golf
Key Largo Wastewater Treatment District Village of Wellington
Professional Education (over the last two years)
Course Hours
Government Accounting and Auditing 61
Accounting,Auditing and Other 41
Total Hours Q(includes of 4 hours of Ethics CPE)
Professional Associations/ Memberships
American Institute of Certified Public Accountants FICPA State&Local Government Committee
Florida Institute of Certified Public Accountants FICPA Atlantic Chapter Board Member
FICPA Young CPAs Committee FGFOA Palm Beach Chapter
27
Agenda Page 105
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28
Agenda Page 106
rj
frau Associates
CERTIFIED I'llULIC ACCOUNTANTS
References
29
Agenda Page 107
We have included three references of government engagements that require compliance with
laws and regulations, follow fund accounting, and have financing requirements, which we
believe are similar to the District.
1-,,Live Oak Community Development District I
Scope of Work Financial audit
Engagement Partner Antonio J. Grau
Dates Annually since 2004
Client Contact William Rizzetta, President
3434 Colwell Avenue, Suite 200
Tampa, Florida 33614
813-933-5571
Dunes Community Development District
Scope of Work Financial audit
Engagement Partner Antonio J. Grau
Dates Annually since 1998
Client Contact Darrin Mossing, Finance Director
475 W. Town Place, Suite 114
St. Augustine, Florida 32092
904-940-5850
Journey's End Community Development District
Scope of Work Financial audit
Engagement Partner Antonio J. Grau
Dates Annually since 2004
Client Contact Todd Wodraska, Vice President
2501 A Burns Road
Palm Beach Gardens, Florida 33410
561-630-4922
30
Agenda Page 108
Grau & Associates
CERTIFIED PUBLIC ACCOUNTANTS
,)
Cost of Services
31
Agenda Page 109
Our proposed all-inclusive fee for the financial audit for the fiscal year ended September 30,
2017, 2018 and 2019 is as follows:
Year Ended September 30, Fee
2017 $3,700
2018 $3,800
2019 $3,900
TOTAL 1
( 2017-2019) $11,400
The above fees are based on the assumption that the District maintains its current level of
operations. Should conditions change or Bonds are issued the fees would be adjusted
accordingly upon approval from all parties concerned.
32
I
I
Agenda Page 110
....)C)r
Grau & Associates
CERTIFIED PUBLIC ACCOUNTANTS
Supplemental Information
33
Agenda Page 111
Specific Audit Approach
SCOPE / WORK PRODUCTS / RESULTS
Grau's Understanding of Work Product / Scope of Services:
We recognize the District is an important entity and we are confident our firm is eminently qualified to
meet the challenges of this engagement and deliver quality audit services. You would be a valued
client of our firm and we pledge to commit all firm resources to provide the level and quality of
services (as described below) which not only meet the requirements set forth in the RFP but will
exceed those expectations. Grau & Associates fully understands the scope of professional services
and work products requested. Our audit will follow the Auditing Standards of the AICPA, Generally
Accepted Government Auditing Standards, issued by the Comptroller General of the United States, and
the Rules of the Auditor General of the State of Florida and any other applicable Federal, State of Local
regulations. We will deliver our reports in accordance with your requirements.
Proposed segmentation of the engagement
Our approach to the audit engagement is a risk-based approach which integrates the best of traditional
auditing techniques and a total systems concept to enable the team to conduct a more efficient and
effective audit. The audit will be conducted in three phases,which are as follows:
Phase I - Preliminary Planning
A thorough understanding of your organization, service objectives and operating environment is
essential for the development of an audit plan and for an efficient, cost-effective audit. During this
phase, we will meet with appropriate personnel to obtain and document our understanding of your
operations and service objectives and, at the same time, give you the opportunity to express your
expectations with respect to the services that we will provide. Our work effort will be coordinated so
that there will be minimal disruption to your staff.
During this phase we will perform the following activities:
• Review the regulatory, statutory and compliance requirements. This will include a review of
applicable federal and state statutes, resolutions, bond documents, contracts, and other
agreements.
• Read minutes of meetings.
• Review major sources of information such as budgets, organization charts, procedures,
manuals, financial systems, and management information systems.
• Obtain an understanding of fraud detection and prevention systems.
• Obtain and document an understanding of internal control. Consider the methods that are used
to process accounting information which influence the design of the internal control. This
understanding includes knowledge about the design of relevant policies, procedures, and
records, and whether they have been placed in operation.
• Assess risk and determine what controls we are to rely upon and what tests we are going to
perform. Perform test of controls.
• Develop audit programs to incorporate the consideration of financial statement assertions,
specific audit objectives, and appropriate audit procedures to achieve the specified objectives.
• Discuss and resolve any accounting, auditing and reporting matters which have been identified.
34
Agenda Page 112
Phase II - Execution of Audit Plan
The audit team will complete a major portion of transaction testing and audit requirements during this
phase. The procedures performed during this period will enable us to identify any matter that may
impact the completion of our work or require the attention of management. Tasks to be performed in
Phase II include, but are not limited to the following:
• Apply analytical procedures to further assist in the determination of the nature, timing, and
extent of auditing procedures used to obtain evidential matter for specific account balances or
classes of transactions.
• Perform tests of account balances and transactions through sampling, vouching, confirmation
and other analytical procedures.
• Perform tests of compliance.
Phase III - Completion and Delivery
In this phase of the audit, we will complete the tasks related to year-end balances and financial
reporting. All reports will be reviewed with management before issuance, and the partners will be
available to meet and discuss our report and address any questions. Tasks to be performed in Phase III
include, but are not limited to the following:
• Perform final analytical procedures.
• Review information and make inquiries for subsequent events.
• Meeting with Management to discuss preparation of draft financial statements and any potential
findings or recommendations.
You should expect more from your accounting firm than a signature in your annual financial report. Our
concept of truly responsive professional service emphasizes taking an active interest in the issues of
concern to our clients and serving as an effective resource in dealing with those issues. In following this
approach, we not only audit financial information with hindsight but also consider the foresight you
apply in managing operations.
Application of this approach in developing our management letter is particularly important given the
increasing financial pressures and public scrutiny facing today's public officials. We will prepare the
management letter at the completion of our final procedures.
In preparing this management letter, we will initially review any draft comments or recommendations
with management. In addition, we will take necessary steps to ensure that matters are communicated
to those charged with governance.
In addition to communicating any recommendations, we will also communicate the following, if any:
• Significant audit adjustments;
• Significant deficiencies or material weaknesses;
• Disagreements with management; and,
• Difficulties encountered in performing the audit.
Our findings will contain a statement of condition describing the situation and the area that needs
strengthening, what should be corrected and why. Our suggestions will withstand the basic tests of
corrective action:
35
Agenda Page 113
• The recommendation must be cost effective;
• The recommendations are to be the simplest to effectuate in order to correct a problem;
• The recommendation must go to the heart of the problem and not just correct symptomatic
matter; and
• The corrective action must take into account why the deficiency occurred.
To assure full agreement with facts and circumstances, we will fully discuss each item with
Management prior to the final exit conference. This policy means there will be no "surprises" in the
management letter and fosters a professional, cooperative atmosphere.
Communications
We emphasize a continuous, year-round dialogue between the District and our management team. We
typically begin our audit process with an entrance conference before the onsite fieldwork begins. We
regularly communicate through personal telephone calls and electronic mail throughout the audit and
on a regular basis. Our clients have the ability to transmit information to us on our secure client portal
with the ability to assign different staff with separate log on and viewing capability. This further
facilitates efficiency as all assigned users receive electronic mail notification as soon as new
information has been posted into the portal. We strive to continue to keep an open line of
communication through the fieldwork and ending with an exit conference.
36
Agenda Page 114
Additional Services
CONSULTING / MANAGEMENT ADVISORY SERVICES
Grau &Associates also provide a broad range of other management consulting services. Our expertise
has been consistently utilized by Governmental and Non-Profit entities throughout Florida. Examples of
engagements performed are as follows:
• Accounting systems • Fixed asset records
• Development of budgets • Cost reimbursement
• Organizational structures • Indirect cost allocation
• Financing alternatives • Grant administration and compliance
• IT Auditing
ARBITRAGE
The federal government has imposed complex rules to restrict the use of tax-exempt financing. Their
principal purpose is to eliminate any significant arbitrage incentives in a tax-exempt issue. We have
determined the applicability of these requirements and performed the rebate calculations for more than
150 bond issues, including both fixed and variable rate bonds. Please find a partial list of clients served
on the following pages.
37
Agenda Page 115
GRAU HAS PROVIDED ARBITRAGE SERVICES FOR
GOVERMENTAL CLIENTS INCLUDING:
■ Aberdeen Community Development District • Heritage Palms Community Development District
• Amelia Walk Community Development District • Heritage Pines Community Development District
• Arlington Ridge Community Development District • Heritage Springs Community Development District
• Bertram Park Community Development District • Huntington Community Development District
• Bertram Springs Community Development District • Indigo East Community Development District
• Bayside Improvement District • Islands of Doral III Community Development District
• Baywinds Community Development District • Julington Creek Plantation Comm.Dev.District
• Beacon Lakes Community Development District • Laguna Lakes Community Development District
• Beacon Tradeport Community Development District • Lake Ashton Community Development District
• Bobcat Trail Community Development District • Lake Ashton II Community Development District
• Boynton Village Community Development District • Lake Powell Residential Golf Community Dev.District
• Brandy Creek Community Development District • Lakes By The Bay South Community Dev.District
• Briger Community Development District • Lakewood Ranch 1 Community Development District
• Brighton Lakes Community Development District • Landmark at Doral Community Development District
• Brooks of Bonita Springs Community Development District • Jurlington Creek Plantation Community Day.District
• Candller Hills East Community Development District • Lakewood Ranch 2 Community Development District
• Capital Region Community Development District • Lakewood Ranch 3 Community Development District
• Cedar Pointe Community Development District • Lakewood Ranch 4 Community Development District
• Championsgate Community Development District • Lakewood Ranch 5 Community Development District
■ Chevel West Community Development District • Lakewood Ranch 6 Community Development District
■ City Place Community Development District • Legacy Springs Improvement District No.1
• Coconut Cay Community Development District • Live Oak Community Development District
• Colonial Country Club Community Development District • Main Street Community Development District
• Cory Lakes Community Development District • Marshall Creek Community Development District
■ Country Greens Community Development District • Meadow Pointe II Community Development District
• Creekside Community Development District • Mediterra North Community Development District
• Double Branch Community Development District • Mediterra South Community Development District
• Dunes Community Development District • Mediterranea Community Development District
• Durbin Crossing Community Development District • Midtown Miami Community Development District
■ East Bonita Beach Road Plantation Comm.Development District • Moody River Community Development District
• East Homestead Community Development District • Monterra Community Development District
• East Park Community Development District • Narcossee Community Development District
■ Enclave at Black Point Marina Community Development District • North Springs Improvement District
• Falcon Trace Community Development District • Oakstead Community Development District
• Fiddler's Creek Community Development District I • Old Palm Community Development District
• Fiddler's Creek Community Development District II • Orchid Grove Community Development District
• Fleming Island Plantation Comm.Dev.District • OTC Community Development District
• Grand Haven Community Development District • Overoaks Community Development District
• Griffin Lakes Community Development District • Palm Glades Community Development District
• Habitat Community Development District • Parklands Lee Community Development District
• Hamel Community Development District • Parklands West Community Development District
• Hammocks Community Development District • Parkway Center Community Development District
• Harbour Lakes Estates Comm.Development District • Pine Air Lakes Community Development District
• Harmony Community Development District • Pine Island Community Development District
• Heritage Bay Community Development District • Pine Ridge Plantation Community Development District
38
ARBITRAGE SERVICES (Continued) Agenda Page 116
• Portofino Cove Community Development District • Tuscany Reserve Community Development District
• Portofino Isles Community Development District • University Place Community Development District
• Portofino Landings Community Development District • Urban Orlando Community Development District
• Portofino Shores Community Development District • Vasari Community Development District
• Portofino Vista Community Development District • Verandah East Community Development District
• Reunion East Community Development District • Verandah West Community Development District
• Reunion West Community Development District • Verano Center Community Development District
• Ridgewood Trails Community Development District • Villa Portofino East Community Development District
• River Place on the St.Lucie Community Dev.District • Villa Vizcaya Community Development District
• Rolling Hills Community Development District • Villages of Westport Comm.Development District
• Sampson Creek Community Development District ■ Villasol Community Development District
• South Dade Venture Community Development District ■ Vista Lakes Community Development District
• South Village Community Development District • Vizcaya Community Development District
• Spicewood Community Development District • Vizcaya in Kendall Community Development District
• Split Pine Community Development District • Walnut Creek Community Development District
• Stonegate Community Development District • Waterchase Community Development District
• Stoneybrook Community Development District • Waterford Estates Community Development District
• Stoneybrook West Community Development District • Waterstone Community Development District
• The Crossings at Fleming Island Comm.Dev.District • Wentworth Estates Community Development District
• Tison's Landing Community Development District • Westchester Community Development District#1
• Treeline Preserve Community Development District • Woodlands Community Development District
• Turnbull Creek Community Development District • Wynnfield Lakes Community Development District
; .-
t i Grau provides value and services
above and beyond
the traditional auditor's "product"
�� vs �k `3Y'''' - uYrit'z`of srTl
We look forward to providing Heritage Bay Community Development
District with our resources and experience to accomplish not only those
minimum requirements set forth in your Request for Proposal, but to
exceed those expectations!
For even more information on Grau & Associates
please visit us on www.graucpa.com.
39
Agenda Page 117
PROPOSAL TO PROVIDE
AUDITING SERVICES TO THE
HERITAGE BAY
COMMUNITY
DEVELOPMENT DISTRICT
FOR THE FISCAL YEARS ENDING
SEPTEMBER 30, 2017, 2018 and 2019
REQUEST FOR PROPOSAL- AUDIT SERVICES
November 13, 2017
Submitted by:
MCDIRMIT /// DAVIS
CEE&TIFIED PUBLIC ACCOUNTANTS ANI)AM/NORS
934 NORTH MAGNOLIA AVENUE
SUITE 100
ORLANDO, FLORIDA 32803
(407) 615-8215
CONTACT: ELDEN McD1RMIT,
erncdirmitAmcdirrnitdavis.com
www.mcdirrnrtdavis.corn
Agenda Page 118
PROPOSAL FOR AUDIT SERVICES TO
HERITAGE BAY COMMUNITY DEVELOPMENT DISTRICT
TABLE OF CONTENTS
Page
Letter of Interest 1-2
1. Company Background 3-7
2. Experience 8-11
3. References 12-14
4. Service Approach 15-17
5. Cost Proposal 18
Agenda Page 119
LETTER OF INTEREST
•
Agenda Page 120
CERTIFIED PUBLIC ACCOUNTANTS AND ADVISORS
November 13,2017
Board of Supervisors
Heritage Bay Community Development District
210 North University Drive, Suite 702
Coral Springs, Florida 33071
Thank you for the opportunity to submit our qualifications and experience to serve as independent
auditors of the Heritage Bay Community Development District. The accompanying proposal will provide
you detailed information regarding the scope of services to be provided, as well as a profile of the firm,
the individuals who will serve you, our qualifications and experience, and representative clients,
including specific references.
It is our understanding that we will provide the following services:
1. Financial audit as defined in Sec. 11.45(I)(b), Florida Statutes, of the basic financial statements
of the Heritage Bay Community Development District for the fiscal years ending September 30,
2017, 2018 and 2019. We will commit to maintain staff required to conclude the audits within
the time constraints indicated in the RFP.
2. The audit will be performed in accordance with generally accepted auditing standards,
Governmental Auditing Standards and the Rules of the Auditor General of the State of Florida.
We believe we are the best-qualified firm to perform the engagement for the following reasons:
° We presently audit sixty-seven Community Development Districts, fourteen municipalities
and one water authority and have an excellent working knowledge of generally accepted
accounting principles related to governmental entities. We assist in the preparation of the
CAFR for most of these governmental entities.
° We have assisted nine municipalities in receiving the GFOA "Certificate of Achievement for
Excellence in Financial Reporting". Most of these municipalities have been receiving the
"Certificate of Achievement" for between ten and twenty years. Elden McDirmit is active as a
national review team member of the GFOA's "Certificate of Achievement for Excellence in
Financial Reporting" program. As a review team member, Mr. McDirmit reviews and evaluates
financial reports submitted by cities and counties to determine whether the financial reports
meet the stringent requirements to receive the GFOA'S prestigious award. Participating as a
review team member, Mr. McDirmit has demonstrated his expertise in governmental accounting
and auditing.
MCDIRMIT DAVIS&COMPANY,LLC
934 NORTH MAGNOLIA AVENUE,SUITE 100 ORLANDO,FLORIDA 32803
TELEPHONE:407-843-5406 FAX:407-649-9339 EMAIL:INFO@MCIMRMITDAVIS.COM
MEMBERS:PRIVATE.COMPANIES PRACTICE SEC 1 IUN AMERICAN INSTITUTE OF CERTIFIED PUBLIC'ACCOUNTANTS FLORIDA INSTITUTE.OF CERTIFIED PUBLIC ACCOUNTANTS
1
Agenda Page 121
o We have strong information technology ability and will input the District's general ledger balances
into our ProSystem fx Engagement software and perform a virtually "paperless" audit. The
District's CAFR is linked to the general ledger; therefore, the likelihood of errors on the financial
statements is reduced.
o We have recent and continuous experience, and have devoted a great deal of our continuing
education to the governmental auditing and accounting field. Our firm meets the independence
and education requirements of the Government Auditing Standards issued by the Comptroller
General of the United States. Our firm is independent of the Heritage Bay Community
Development District as defined by Government Auditing Standards.
o We believe in continuing client contact throughout the year, not just during the audit. We
encourage on-going client contact by not charging any fee for phone calls.
o We are members of the American and Florida Institutes of Certified Public Accountants and an
Associate member of the Governmental Finance Officers Association. Our firm is active in
governmental organizations throughout Central Florida and serves on governmental committees
of the Florida Institute of CPA's.
o We are a local firm with personnel committed to quality and professional performance,
accustomed to providing a high level of client satisfaction. We believe that our firm is part of a
team effort to assist the District in developing the best financial reporting possible.
o We have a history of continuity of personnel assigned to the engagement. Our single office firm
and low personnel turnover assures uninterrupted services from our partners and staff. We have
a staff of 26 people and 10 of those are governmental audit staff.
o We certify that we do not discriminate on the basis of race, color, sex, religion, disability, national
origin, ancestry, sexual orientation, familial status, age, or any other protected characteristic as
established in the Equal Employment Opportunity law.
Because of our unique qualifications and a philosophy based on complete dedication to client service,
we feel confident that we can provide you with responsiveness and a range of experience that will best
serve your needs.
Mr. Elden G. McDirmit, partner is authorized to represent the firm and may be contacted at 934 North
Magnolia Avenue, Suite 100, Orlando, Florida 32803, or phone(407)615-8215.
We would consider it a privilege to serve as independent auditors for the Heritage Bay Community
Development District.
Sincerely,
McDIRMIT DAVIS&COMPANY, LLC
ro _ 6 . /4c..0
Elden McDirmit, C.P.A.
2
Agenda Page 122
COMPANY BACKGROUND
Agenda Page 123
'VICDIRMIT /// DAVIS
Company Background
Description and History of Audit Firm
McDirmit Davis & Company, LLC was incorporated in the State of Florida in August 1984 and serves
Central Florida from its centrally located office in Orlando, Florida. The partners have over 150 years of
combined experience in public accounting, and our firm has grown to be ranked as one of the top 10
accounting firms in Central Florida by the Orlando Business Journal.
Our firm now consists of the following staff:
Partners 4
Managers 3
Seniors 4
Staff Accountants/Paraprofessionals 12
Support Staff 2
Information Systems
Technology Staff 1
The total number of governmental audit staff is ten (10). We are members of the American and Florida
Institutes of Certified Public Accountants and an associate member of the Governmental Finance Officers
Association. We are also a member of the Governmental Audit Quality Center.
Our firm has a wide range of clients providing both goods and services in the Central Florida area. Our
practice encompasses auditing, accounting, management advisory and tax services. A list of all
governmental clients audited by us for the fiscal years 2010-2015 is as follows:
• Sixty-seven Community Development Districts
• Sun'n Lake of Sebring Improvement District
• City of Winter Springs, Florida*
• City of Ocoee, Florida*
• City of Longwood, Florida
• City of Lake Mary, Florida*
City• of Belle Isle, Florida* � ram �4 �
• City of Mascotte, Florida ,, •
• City of Tavares, Florida*
• Town of Windermere, Florida 77.
• City of Clermont, Florida*
• City of Maitland, Florida
• City of Oviedo, Florida* eti
• City of Inverness, Florida*
• City of Orange City, Florida
• City of Groveland, Florida
• These entities are presently clients of McDirmit Davis&Company,LLC
* These entities participate in the Certificate of Achievement for Excellence in Financial Reporting program.
3
Agenda Page 124
MCDIRM1T /// DAVIS
Engagement Team aw
The following supervisory people will work on the audit: «�
• Elden McDirmit, C.P.A., engagement partner
• Kelly Leary, C.P.A., review partner
• Tammy Campbell, director of audit services 140-^-
•
40• Gina Kleindorfer, IT specialist
All of the above people have considerable experience on governmental audit engagements. Resumes
detailing their experience follow on pages 8 through 11. All supervisory personnel assigned to the audit,
except the IT Professional, are Certified Public Accountants. The engagement partner and audit senior will
be assigned to audit on a full-time basis.
The professional staff of our firm has been conducting governmental audits in the Central Florida area for
the past thirty years. We are experienced auditors in a variety of industries and offer experience in
auditing federal grants under the Single Audit Act and performing compliance audits of state grants. Our
policy is to assign staff accountants to the same audit each year, but rotate the areas they work on. We
will notify the District prior to assigning new staff to the audit.
L cense to Practice in Florida
Our Firm and all key professional staff are properly licensed to practice in the state of Florida. In addition,
our Firm and all assigned key personnel are in good standing with the Florida Board of Accountancy. We
can provide a copy of actual License, if requested.
Indeendence
McDirmit Davis&Company, LLC is independent of the District as defined by auditing standards contained
in Government Auditing Standards.
Govjernn €=nfal Audit Quality tenter
McDirmit Davis&Company, LLC is a member of the AICPA's Governmental Audit Quality Center which is
dedicated to establishing the highest standards of audit quality in the governmental accounting and audit
sector.
Exletnal Quality Control Review
Our Firm understands the importance of developing a formal quality control program, and therefore have
been a member of the Private Companies Practice Section of the American Institute of Certified Public
Accountants since 1985. Member firms are required to adhere to quality control standards established by
the AICPA Quality Control Standards Committee and to submit to peer reviews of the firm's accounting
and audit practice. Peer reviews are intensive reviews of a firm's quality control system by an independent
CPA firm. Our firm has had seven peer reviews performed by the American Institute of Certified Public
Accountants. Each peer review has included a review of a local governmental entity. We received a
"pass"opinion on each review, which represents the best opinion that a firm can receive.
4
Agenda Page 125
McD1I.viIT /// DAVIS
External Quality Control Review - Continued
On our most recent peer review performed in 2014, we received a peer review rating of'pass", which is
the highest rating that a firm can receive under the revised peer review standards. We have never been
subject to any litigation or disciplinary actions by a client, the State or any professional organization for
substandard field work. A copy of our firm's most recent peer review report follows this page. These peer
reviews included a review of at least two governmental engagements, and it should be noted that there
were no findings as a result of this review. We have never withdrawn from an engagement prior to the
agreed expiration date.
Federal or State RetAi w
Any Federal or State desk review has resulted in no findings and we have never undergone a Federal or
State field audit.
Other Services Provided
Our experience in governmental auditing has led to the development of efficient procedures that provide
various client benefits. Our services provide our clients with a wide range of knowledge, confidence, and
helpful management advice. Below is a listing of the type of other services that we have provided to
governmental clients.
1. Assistance in preparation of Comprehensive Annual Financial Reports for recognition by the
Government Finance Officers Certificate of Achievement Program.
2. Internal audit services.
3. Issuance of Comfort Letters and Consent Letters in conjunction with the issuance of tax-exempt
bonds.
4.Assistance on early implementation of new GASB Statements.
5.Assisting in compiling historical financial data for first-time submissions for GFOA Certificate of
Achievement for Excellence in Financial Reporting.
6. Detailed internal control studies and evaluations of accounting systems.
5
Gregory, Sharer & Stuart, P.A. Agenda Page 126
Certified Public Accountants and Business Consultants
System Review Report
To the Owners of McDirmit Davis&Company,LLC
And the Peer Review Committee of the Florida Institute of CPAs
We have reviewed the system of quality control for the accounting and auditing practice of McDirmit
Davis & Company, LLC (the firm) in effect for the year ended June 30, 2014. Our peer review was
conducted in accordance with the Standards for Performing and Reporting on Peer Reviews established
by the Peer Review Board of the American Institute of Certified Public Accountants.As a part of our peer
review,we considered reviews by regulatory entities,if applicable, in determining the nature and extent
of our procedures.The firm is responsible for designing a system of quality control and complying with it
to provide the firm with reasonable assurance of performing and reporting in conformity with applicable
professional standards in all material respects.Our responsibility is to express an opinion on the design of
the system of quality control and the firm's compliance therewith based on our review. The nature,
objectives, scope, limitations of,and the procedures performed in a System Review are described in the
standards at www.aicpa.org/prsummary.
As required by the standards, engagements selected for review included engagements performed under
the Government Auditing Standards and audits of employee benefit plans.
In our opinion,the system of quality control for the accounting and auditing practice of McDinnit Davis
&Company,LLC in effect for the year ended June 30, 2014, has been suitably designed and complied
with to provide the firm with reasonable assurance of performing and reporting in conformity with
applicable professional standards in all material respects. Firms can receive a rating of pass,pass with
deficiency(ies)or fail.McDirmit Davis&Company,LLC has received a peer review rating of pass.
Plikoirt"°`. r`i4.1i1?'
Gregory,Sharer&Stuart,P.A.
October 16,2014
100 Second Avenue South•Suite 600•St.Petersburg,Florida 33701-4336
727/821-6161•FAX 727/822-4573
www.gsscpa.com
6
Agenda Page 127
MCDIRMIT /// DAVIS
Continuing Education
McDirmit Davis & Company, LLC is committed to the personal and professional growth of its staff. Our firm
requires an annual minimum of 40 hours of continuing professional education for
each staff member.
Our governmental audit staff complies with the continuing education
requirements of the State of Florida, the Governmental Accountability Office `
(GAO), and Governmental Auditing Standards(Yellow Book). Therefore at least _ r -.` = '
24 hours during a 2 year period must be in subjects directly related to the :"rt
government environment and to governmental auditing. Our governmental audit
staff always exceed this requirement since they attend each year the Florida
Governmental Financial Officers Association Annual Conference which provides
22 hours of training in governmental accounting and auditing.
As a result of our governmental experience, our staff has taught classes or lectured on various topics. We
offer "in-house" education courses for our staff, which at times, our clients have attended. In addition, we
would be happy to teach seminars for the benefit of the District's accounting staff.
Int ormail on technology
Our firm has one dedicated Information Technology specialist who has several years'experience in setting up
and administering computer systems and networks of all sizes. In addition, all ten governmental audit
personnel are experienced with various governmental software programs. We utilize automated, paperless
auditing software which stores all trial balances and audit workpapers electronically. We also use IDEA Data
Analysis Software, which enables us to obtain 100% of selected data and test "through your computer
system."
One of the services we provide our clients is CLIENT PORTAL. This is a convenient online storage space in
which files can be effortlessly uploaded, downloaded, stored and shared in a safe and secure environment.
We understand that every business has different requirements when it comes to IT systems. To help you find
the best IT system to suit your needs, our IT Specialist will evaluate your network and provide a
comprehensive solution.
6.C,6;'0".:6',. 776.(:-1 ent'Oli
Our firm maintains records in accordance with local, state, and Federal Public Records Retention
Requirements.
1
i
I
7
1
Agenda Page 128
EXPERIENCE
Agenda Page 129
MCDIRMIT /1/ DAVIS
Resume - Elden ;a. McDirmit, CPA
Engagement Partner
Education, Certifications,and Licenses
{ • B.S. Degree in Accounting, University of Central Florida
• CPA, Certified Public Accountant- Florida, 1978
x < • CEA, Certified of Education Achievement from AICPA in
)11,, Governmental accounting and auditing
Affiliations and Community Involvement
• American Institute of Certified Public Accountants(AICPA)
-v,
• Florida Institute of Certified Public Accountants (FICPA)
'1'4: • Florida Government Finance Officers Association (FGFOA)
• FICPA Peer Review Committee
• Reviewer for GFOA's "Certificate of Achievement for Excellence in Financial Reporting"
program
• Past Chairman of the Orange County Housing Finance Authority, which has authority to issue
revenue bonds to address the needs of Orange, Seminole, Lake and Osceola Counties.
Continuing Professional Education
Elden has completed over 80 hours of Continuing Professional Education (CPE) in the area of
governmental accounting and auditing within the past two years and meets the requirements of
Governmental Auditing Standards.
Experience
• Elden started the firm McDirmit Davis & Company in 1984 and began the audit of the City of
Ocoee in 1985 and City of Tavares in 1988. The firm still performs audits of both these cities.
• He has assisted municipalities with the issuance of comfort letter and consent letters in
conjunction with the issuance of tax-exempt bonds.
Governmental Audit Experience (Past 5 years)
• Sun'n Lake of Sebring
Improvement District
• Over 67 Community
Development Districts
• City of Umatilla • City of Belle Isle
• City of Ocoee • City of Clermont
• City of Longwood • City of Mascotte
• City of Maitland • Town of Windermere
• City of Winter Springs • Homosassa Water District
• City of Oviedo • City of Tavares
• City of Lake Mary
I
8
Agenda Page 130
MCDIRM!T /1/ DAVIS
Resume - Kelly G. Leary, CPk
Review Partner
Education, Certifications,and Licenses
• B.S. Degree in Accounting, University of Hawaii
• CPA, Certified Public Accountant- Florida, 1983
• CPA, Certified Public Accountant-California, 1980
Affiliations and Community Involvement
• American Institute of Certified Public Accountants (AICPA)
• Florida Institute of Certified Public Accountants (FICPA)
4.3 • Florida Government Finance Officers Association (FGFOA)
• FICPA State and Local Government Committee
• Board of Directors of Fairwinds Credit Union
Continuing Professional Education
Kelly has completed over 80 hours of Continuing Professional Education (CPE) in the area of
governmental accounting and auditing within the past two years and meets the requirements of
Governmental Auditing Standards.
Experience
• Kelly has 28 years of governmental accounting and auditing experience and has been with
McDirmit Davis and Company since 1991. She has significant experience in the audits of
governmental and not-for-profit entities, including those subject to Federal and Florida Single
Audit requirements.
• She has written articles for the magazine Florida CPA Today relating to governmental pension
plans and single audits.
• For many years she has been on a subcommittee that has revised Compliance Auditing in
Florida, an FICPA Practice Aid.
• She has assisted municipalities with the issuance of comfort letter and consent letters in
conjunction with the issuance of tax-exempt bonds.
Governmental Audit Experience (Past 5 years)
• City of Winter Springs • City of Lake Mary
• City of Oviedo • City of Tavares
• City of Umatilla • City of Belle Isle
• City of Ocoee • City of Clermont
• City of Longwood • City of Mascotte
• City of Maitland • Town of Windermere
• Sanford Airport Authority • Homosassa Water District
• Various Community Development Districts
9
Agenda Page 131
MCDIRMIT /// DAVIS
Resume - Tammy Campbell, CPA
Partner
Education, Certifications, and Licenses
• B.S. Degree in Accounting, University of Central Florida
• Masters in Taxation, University of Central Florida
• CPA, Certified Public Accountant- Florida, 2007
Affiliations and Community Involvement
• American Institute of Certified Public Accountants (AICPA)
• Florida Institute of Certified Public Accountants(FICPA)
• Florida Government Finance Officers Association (FGFOA)
• Reviewer for GFOA's"Certificate of Achievement for Excellence in Financial Reporting"
program
Continuing Professional Education
Tammy has completed over 120 hours of Continuing Professional Education (CPE) in the
area of governmental accounting and auditing within the past three years and meets the
requirements of Governmental Auditing Standards (the "Yellow Book'). CPE included
classes on Single Audits, the Yellow Book, and changes in governmental accounting
principles, such as GASBS 67 and 68 on pension plans.
Experience
• Tammy has thirteen (13) years of governmental accounting and auditing experience,
including municipalities and airport authorities.
• Her experience has included planning, fieldwork, and preparation of comprehensive
annual financial reports for several governmental audit engagements.
• Tammy has worked with all 14 municipalities in the CAFR preparation process, including
assisting most cities with obtaining the GFOA Certificate of Achievement.
Governmental Audit Experience (Past 5 years)
• Over 60 Community
Development Districts
• City of Umatilla • Town of Windermere
• City of Clermont • City of Longwood
• City of Oviedo • City of Belle Isle
• City of Lake Mary • City of Winter Springs
• City of Ocoee • City of Maitland
• City of Tavares • City of Mascotte
• Sanford Airport Authority • Homosassa Water District
• City of Orange City • City of Inverness
10
Agenda Page 132
MCDIRMIT /// DAVIS
Resume - Gina Kieindorier
Information Technology Specialist
Education, Certifications,and Licenses
• Associates Degree, Indiana University
Experience
• Gina is an IT Professional with over 25 years' experience, directing a broad range of corporate IT
security initiatives while participating in planning, analyzing, and implementing solutions in support of
business objectives. She has provided comprehensive secure network design, system analysis and
full lifecycle project management. Gina has hands-on experience leading all stages of system
development, including design, architecture, testing and support. Her outstanding project and
program leadership allows her to be able to coordinate and direct all phases of projects.
Key Skills
• Network&System Security
• Risk Management
• Vulnerability Assessments
• Authentication &Access Control
• System Monitoring
• System Integration Planning
• Multitier Network Architectures
• Implementation Planning
• End-user Training
• Staff Leadership/Mentoring
• System Administration
• Application Management
• User Requirements Analysis
• Help Design/Technical Support
Technology Summary
Security Technologies: Anti-Virus Tools; Disaster Recovery, Network
Administration; PCI security standards
Systems: Windows (all)
Networking: LANs, WANs,VPNs, Routers, Firewalls, TCP/IP
11
Agenda Page 133
MC DIRMIT /1/ DAVIS
References of Governmental Accounting Experience:
Scope of Engagement Total
Principal Client Contact Work Stockholder Hours Years
Ms.Tanya Cannady • Annual Financial& Elden 210 2011 to
Sun'n Lake of Sebring Compliance Audit and McDirmit Present
Improvement District preparation of Financials
5306 Sun'n Lake Blvd.
Sebring, FL 33872
tcannady a(�.snldistrict.orq
Ms. Barbara Brown • Annual Financial & Elden 960 2008 to
Rizzetta&Company Compliance Audit of thirty- McDirmit Present
3434 Colwell Ave. two(32)CDD's
Suite 200
Tampa, Florida 33614
(813)933-5571
Mr.James Ward • Annual Financial & Elden 150 2010 to
JPWard and Associates, LLC Compliance Audit of four McDirmit Present
2041 NE 69'Terrace (4)CDD's
Wilton Manors, Florida 33305
ward9490Acomcast.net
Mr.Jim Gleason, City Mgr. • Annual Financial & Elden 150 2000 to
City of Masscotte Compliance Audit and McDirmit Present
100 East Myers Blvd. preparation of Financials
Mascotte, FL 34753
(352)429-3341
jim.gleason(@cityofmascotte.com
Mr. Darrin Mossing • Annual Financial & Elden 350 2010 to
GMS Compliance Audit of McDirmit Present
dmossincingmstnn.com eleven (11)CDD's
12
Agenda Page 134
LCDIRMIT /1/ DAVIS
References of Governmental Accounting Experience -Continued
Scope of Engagement Total
Principal Client Contact Work Stockholder Hours Years
Mr.John Williams, City • Annual Financial & Kelly Leary 250 1991 to
Administrator Compliance Audit(Single 1993
City of Longwood, Florida Audit)and preparation of and
175 W.Warren Avenue CAFR 1997 to
Longwood, FL 32750 Present
jwilliamsRlongwoodfl.orq • Received GFOA's"Certificate
of Achievement"
Mr. Robert Smith, Town Mgr. • Annual Financial & Kelly Leary 150 2000 to
Town of Windermere Compliance Audit and Present
614 Main Street preparations of Financials
Windermere, FL 34786
(407)876-2563
rsmith(a town.windermere.fl.us
Ms. Lori Houghton, Fin. Dir. • Annual Financial & Kelly Leary 250 1988 to
City of Tavares, Florida Compliance Audit(Single Present
P.O. Box 1068 Audit)
Tavares, FL 32778-1068
(352)742-6212 • Received GFOA's"Certificate
Ihoughton(a�tavares.orq of Achievement"
• Utility and Franchise Tax
Audits
Mr. Robert Briggs, Fin. Dir. • Annual Financial& Elden 350 1985 to
City of Ocoee, Florida Compliance Audit(Single McDirmit Present
150 Lakeshore Drive Audit)and preparation of
Ocoee, FL 34761 CAFR
(407)905-3100
rbriggsAci.ocoee,fl.us • Received GFOA's"Certificate
of Achievement"
Ms. Jackie Soya, City • Annual Financial & Kelly Leary 200 1997 to
Manager Compliance Audit Present
City of Lake Mary, Florida
100 N. Country Club Road • Received GFOA's"Certificate
Lake Mary, FL 32749 of Achievement"
(407)585-1409
Lsova(a�l a kema ryfl.com
13
Agenda Page 135
McDIRMIT /// DAVIS
References of Governmental Accounting Experience - Continued:
Scope of Engagement Total
Principal Client Contact Work Stockholder Hours Years
Mr. Shawn Boyle, Fin. Dir. • Annual Financial& Kelly Leary 400 2000 to
City of Winter Springs, Florida Compliance Audit and Present
1126 E. State Road 434 preparation of CAFR
Winter Springs, FL 32708
(407)971-5544 • Received GFOA's"Certificate
sbovie(c�wintersr ringsfl.orq of Achievement"
14
Agenda Page 136
SERVICE. APPROACH
Agenda Page 137
MCD!RMIT /// DAVIS
Service Approach
Our audit will be segmented as follows:
Phase 1: Audit Planning
Phase 2: Evaluation and Testing of Internal Controls
Phase 3: Substantive Testing
Phase 4: Reporting
Phase 1: Audit Planning
Preliminary planning includes deciding on an overall strategy for the audit, obtaining an understanding of
the entity and its environment, including its internal control, making an initial assessment of audit risk and
materiality, and deciding on the overall timing of the engagement. We will also begin to assemble our
"permanent file," which consists of copies of organizational charts, District manuals, documents, and
financial and other management systems.
We will meet with staff of the District to obtain an understanding of the flow of transactions through your
accounting system. This includes understanding your computer environment in order to comply with the
requirements of SAS 94 The Effect of Information Technology on the Auditor's Consideration of Internal
Control in a Financial Statement Audit. We will also gather information to identify fraud risks as required by
SAS 99 Consideration of Fraud in a Financial Statement Audit.
We will also perform preliminary analytical procedures and compare trends for the current and at least the
two previous years for unusual fluctuations. This will include review of both budget and actual amounts.
During this planning phase,we will ask management and staff at the District to identify areas of higher risk
as well as other areas that they want us to focus on during our audit. We will also provide the District with
a list of all schedules to be prepared by the District.
Phase 2: Evaluation and Testing of Internal Controls and Compliance
During Phase 2, we will evaluate your control policies and procedures to determine if they are functioning
property in significant transaction classes. To gain an understanding of the procedures in place, and
current internal control structure,we typically conduct interviews with staff and management involved in the
specific transaction class to be tested. We then perform tests of these controls to determine with
reasonable assurance that control procedures are functioning as planned and whether further testing will
be needed. As part of our tests of controls, we will include tests of ra_,�A
compliance with applicable ordinances, and state and federal laws and ..t.
regulations. In order to determine which ordinances, laws and regulations to 0
test for compliance,we start by reviewing the FICPA Practice Aid Compliance ...&,
Auditing in Florida. We then evaluate which ordinances,laws and regulations
pig
have a direct and material effect on the determination of financial statement . -c
amounts. Sample sizes are determined based upon our assessment of #
control risk and may be judgmental, random, or stratified, depending on the MOM .....
attributes of the population being tested. We will select samples from the :
significant transaction classes and trace from original documents through the ,.Pr t
computer system to the general ledger through the use of IDEA Data ``
Analysis Software.
15
Agenda Page 138
MCDIRMIT /// DAVIS
Service Approach -Continued
Phase 2: Evaluation and Testing of Internal Controls and Compliance -Continued
Our control testing includes obtaining an understanding of the computer software used by the District, and
tracing sample selections through the system to determine the desired outcomes are being achieved. Our
testing of Information Technology includes inquiries of appropriate personnel regarding data backups and
access to District files.
After controls have been documented, evaluated and tested,we will finalize the District's audit plan. Audit
programs will be tailored to fit the specifics of the District's accounting systems.
Phase 3: Substantive Testing
Prior to starting year-end substantive testing, we will have a pre-audit meeting with the District Manager.
We plan to use an audit senior for the audit. The partner or senior will always be in the field to supervise
the work.
Our year-end fieldwork will focus on verifying balances in accounts. For example, we will confirm cash
balances, as well as debt balances with financial institutions. In addition to obtaining audit confirmations,
representation letters and attorney letters, we will perform tests on account balances using analytical
procedures, recalculation and verification. Our firm uses ProSystem fx Engagement electronic audit
software which may allow us to interface with your accounting system and reduce the time required to
transfer your accounting data to a separate software package. We believe it is important to use analytical
review procedures in this substantive phase of the audit. We compare analytical results to our expectation
of what the results should be in order to determine if additional audit procedures are required. Typical
analytical procedures include expense variances with previous years and budget amounts, revenue
variances with previous years and budgeted amounts.
We will keep the District's management up to date on the progress of the audit and will discuss preliminary
findings and potential problems or opportunities as we encounter them. Our approach to resolving
problems encountered is to discuss with the District Manager to make sure our understanding is correct.
Our process to produce a meaningful"management letter"is to review results of testing of internal controls,
as well as year-end field work and draft recommendations for improvements to be discussed with
management.
16
Agenda Page 139
McDuRMIT /// DAVIS
Service Approach • Continued.
Phase 4: Reporting
The audit work is reviewed by the engagement partner throughout the engagement. Once the
engagement partner review is complete, a second review of the financial statements is performed by the
review partner. This second review is required as part of McDirmit Davis and Company's internal system
of quality control and ensures the District receives the best service possible.
We will prepare a draft of the financial statements and then issue the following:
• Auditor's report on financial statements
• Report on internal control over financial reporting and on compliance and other matters based on
an audit of financial statements performed in accordance with"Government Auditing Standards"
• Management Letter
We will provide technical assistance to the District to meet changes in required disclosures. Once reports
have been reviewed by management and approved in final form, we will issue final reports and supply in
electronic format.
17
Agenda Page 140
COST PROPOSAL
Agenda Page 141
\4CDIRMIT /// Davis
Cost Proposal
We understand the requested services include audits of the District's financial statements for the years
ended September 30, 2017, 2018 and 2019. The audits will be made in accordance with generally
accepted auditing standards and the standards applicable to financial audits contained in Government
Auditing Standards, issued by the Comptroller General of the United States.
McDirmit Davis & Company, LLC is duly licensed under Chapter 473, Florida Statutes and is qualified
to conduct audits in the State of Florida and audits in accordance with Government Auditing Standards.
Fees include all services, including but not limited to, meals and lodging, transportation, printing and
binding, telephone, fax and copies. Out of pocket expense (if any) related to charges for confirmations
will be in addition to the audit fee. Invoices will be submitted as work progresses on each phase of the
audit.
Audit fees (All-Inclusive) 2017 2018 2019
Total audit fee $3,800 $3,900 $4,000
18