BoardCoral Gables

Budget/ Audit Advisory Board

Track committee activity, current roster, and published meeting coverage for Budget/ Audit Advisory Board in Coral Gables.

0 active membersLast meeting Jun 24, 20265 summaries in 30d

Summaries

Active roster

Latest activity

Aug 13, 2026

Municipality

Coral Gables

Latest coverage

Board Questions $100 Million Emergency Credit Line

Published Aug 13, 2026

Related summaries

Published meeting coverage connected to Budget/ Audit Advisory Board.

Briefing

May 20, 2026

Budget Planning and Audit Oversight Update

Coral Gables’ new internal audit provider will begin with an independent risk assessment, focusing in part on procurement and vendor oversight. The FY 2026-2027 budget process is using a conservative 3.5% property-value growth estimate while overall revenues remain relatively flat.

2 min readMunicipal coverage

Briefing

Mar 18, 2026

Board Reviews FY 2027 Budget Plans

Coral Gables is taking a conservative approach to its FY 2026-2027 budget because property taxes provide 63% of the General Fund and proposed tax changes could affect city services or fees. Plante & Moran was recommended to replace Crowe as the City’s internal auditor, pending a formal award expected April 14.

2 min readMunicipal coverage

Briefing

Feb 18, 2026

Audits Target Parking Cash and Franchise Fees

The board reviewed two internal audits that found procedural weaknesses in parking cash storage and roll-off franchise-fee administration, including one incorrect payment of $203 out of 35 reviewed.

1 min readMunicipal coverage

Briefing

Nov 19, 2025

Board Reviews Tax and Audit Impacts

The board discussed how potential homestead property tax reductions could decrease Coral Gables' general fund revenue, but no tax-related decisions were finalized. The possible Capital Reserve Fund discussion was deferred, and the city is issuing a request for proposals for internal audit services.

1 min readMunicipal coverage

Briefing

Oct 22, 2025

Board Questions $100 Million Emergency Credit Line

The board reviewed a proposed $100 million catastrophic-event line of credit, but the city and its financial adviser advised against it because it would cost about $250,000 annually and the city could obtain emergency loans quickly if needed. A lower-cost alternative discussed was preparing a shortlist of banks and preliminary terms before hurricane season.

2 min readMunicipal coverage