City of St. Petersburg Budget, Finance, and Taxation Committee Meeting Minutes
The committee reviewed the FY 2025 External Audit regarding the Community Redevelopment Agency and the Popular Annual Financial Report. The discussion included confirmation of a clean audit opinion and a no-comment management letter, alongside the identification of an uncorrected misstatement concerning unrecorded liabilities. Additionally, the committee discussed the auditor's fraud detection procedures, including the use of data analysis, and noted upcoming changes regarding GASB 105 financial reporting.