Fiscal Year 1997 MONROE COUNTY FLORIDA
PROPERTY APPRAISER
FINANCIAL STATEMENTS`
SEPTEMBER 30> 1997
KEMP & GREEN,-P.A..
CERTIFIED PUBLIC ACCOUNTANTS
P r
CONTENTS
Page
Independent Auditors" Report 1-
Financial Statements:,,
Combirid Balance Sheet m All .Fund Types and A daunt' Grbdup
Statement of, Revenues, Expenditures„ and Changes ire Fund
Balance General Fund
,Statement of Revenues, Expenditures; andChang `sin Fund
al an'cle Budget and Actual (Budgetary Basis) 4 General
Fund
5 '
Notes t Firan i l Statements 6-11
-Supplement l Information:
Combi hi ng AStat ent of Charges -in As e'ts and Li bi l i ti s m
gn ,y Fund
12
Other Reports:
Independent Auditors' Report on Internal Control 1 ®1
Independent Auditors` -Management Letter 15-1 16
Independent Auditors' Report on.Cu li and
17
KE , P.A.
Certified Public Accountants
1438 KEN EDY DRIVE
P. O. BOX 1529
KEY WEST, FLORIDA 33041-1529 MEMBER OF AMERICAN INSTITUTE
K 0. KEMP, C.P.A. (305) 294- 5 1 AND FLORIDA INSTITUTE OF
MARV,A E. GREEN, C.P;A. FAX (305) 294-477 CERTIFIED P1113L1C ACCOUNTANTS
INDEPENDENT AUDITORS- REPORT
Mr: Ervin H. Hl g
Property Appraiser
Monroe County, Florida
We have 'audited the financial statements of the Property ra i s r :af Monroe
County, Florida ("Property Appraiser"') as of ep ember 30, 1997 and for the
year then elided, . s listed` in the accompanying tabl e Of contents, These
financial statements are the respdns'i i ity of tFle .Property Appraisers Our
responsibility i's to express an Opinion h these financial statements based on
our audit.
We, cphducted our . aodit_ jin accordance with , generally accepted^ auditin
g.
standards and Government Audi_jjn_q Standards issued by the. ComptrO l er General
cf. the, United States. These standards require that ,we plan,, and perform the
audit tO obtain reasonable assurance about., whether the fi nand al. statements
are free of material misstatement,. An audit includes examining, on a test
basis, evidence °supp r$ting the a11ounts, and disclosures in the. financial .
:statements. An audit also i ncl odes' assdssi ng the 'accounting princi,p 1 s, Used
and significant estimates made by management, as well as evaluating- the
overall financial statement presentation. We believe that our° audit provides
a reasonable basis for or opinion,
As discussed in Note I., the financial statements present 'only. the Property
Appraiser and are not intended to present fairly- the financial posit"
dri of
`Monroe County, Florida and the results of 'operations and cash flows of its
proprietary fund types in, conformity with generally accepted accounting
principles.
In our opinion the financial statements referred to above present fairly, in
all material respects, the financial position of the Property Appraiser as Of
September.3 , 1. , ` and the results of its operations for the year then ended
in conformity with generally accepted accounting. princip es
1
�wF Our audit was made for the purpose of forring an opinion on the financial
statements taken as a whole. the supplemental i of o°r at i on listed in the
accompanying table of contents, which is `also the` responsibility 'of the
manag m,ent of the, Property Appraiser, -is ,presented for purposes of additional
nal,ysi's and is -not a required
q part of the financial ttatemonts. Such
information has been subjected. to the auditing procedures applied in th audit
of the financial statements and, 'in our° opinion, is fairly stated in all
material respects when considered in relation to thefinancial statements
talon as a whole.
In accordance with Govornm nt Auditing StandardsP_ o have also,issued a report
data January 2 g 19 on our consideration of the Property raiser's
n F p y pp
internal control structure and a report, dated January' ' 2 , . 99 on its
co► plianc;o' with laws and regulations,
vy
emp & Green, P.A.
Certified Public Accountants
January 2 $ 1998
2
MNOE COUNTY FLORIDA
PROPERTY APP R'
COMBINED DALANC . EET" - ALL FUND TYPES AND ACCOUNT GROUPS
SEPTEMBER 30 1997
Governmental Fiduciary c�tint
rid Type _ Fri Type Group
Totals
Long-Term E rnor a '.
--general enc Debt dry"�r�l
Assets:
Cash and Ihv t nt
07,372 . D4.134
Prepaid Expenses 991n606
Amount to Provided 4,4 3 - 4A23
126 1M 126 81
Tot'al Assets 311,795 D 136 D 121 747
Liabilities:
Accounts -Payable
,Accru d"Wags78,998
Did t Other Governments' 2 78 73 22,073,998
28,873
Due to Individuals 28,873
Long-Term Debt p 63 ,134 604n14 -
1 1D .__125.01D
Total Liabilities 129 944. 684
_ .134 16 D 93- 9 96
Fund Balance
,3 811
v-- -=--_ _ IDS,D51
Total Liabilities and
Find Balance
6 1 747,
The 'a companyi g-rotes -are are. integral
part of these, financial statements.
3A
ROE
MON ROPE OUNTY�DA -
RTY APP SER
51ATEMEN F REENJE `EPNDITRES .AND CHANGES
IN FBA LANC _ GENERAL FEND
FOR 11 YEAR ENDED SEpTEMBER 30L
Revenues:
Board of County. Commissionersgg
3.
Other Taking Districts ^^gg
.LrvCD 3
s. 32
Charges for Service 23g052
Other 0
------------
38 log
fatal Revenues
2- 136 833'
'Expenditures:,
Current:
General Grnmdnt
Personal Services;
Operating -Expenses 1,621,103
^ g
a ita 6 Out 4 ay. - '398, f f
Tptal Expehditur @qp
Excess cif Revenues Over Expenditures
3 , 96
Fund Balance, B gi nn rrg of Year
_____13 95
Find Balance, End of Year
5
The accompanying notes are an integrO
Part of these financial statdrrrrts
-4-
MONROE COUNTY FLORIDAPROPERTY ARP ER
T TE ENT OF REVENUES FU N[) AND EXPENDITURES AND CHANGES IN
BALANCE ro BUDGET AND ACT�JA[., BUDGETARY--....---A -, EERRF
N
EIR THE YEAR ENDED SE I ITEMBER 30
,1997
Actual Variance
(Budgetary
Revenues; Favorable
Dudgq �3as�J
Board of County Commissioners — -�_ .(Unfavorable)
Other Taxing Dlstr cts__ $ 1.964,5€3,6 1,815,632
Charges for Service 311,92 284,370 � (148.954)
Miscellaneous 40 (27,555)'
3B 10 _40
Total Revenues , -----.--38,Io
2 276 511 2 13B 151
Expenditures: . ---:._._.�_035 360)
Current:
General Government:
Personal Services _
Oper ti O Expenses 1> 05,52f 1,617>031
EmergencyContingency 45 >5a5 344„974' 188,495
Capital 'Outlay, , 8.400 113,611
4 000- B4m157 8,400
Total Ex penditures — — Bt},1 7)
2 276,511 rv ,04 6 162
Excess of Revenues and Other 230 349
Sources Over Expenditures,
Budgetary Basis of Accounting
9119B9 9119 9
Adjustments:,
To Adjust Expenditures for
Accruals
To Adjust Revenues for' Accruals (57,1775)
�1�318) (57,775)
Excess�of Expenditures Over Revenues, — --(1 313}
GAAP Basis of Accounting
32,1896'
Fond Bal32,596
ance Beginning of Year
148 955 . 14B 955
Fund Balance, End of Year.
$ -148 955 181 851
$ 32 896.
The acco panyi ng,notes ar°e an integral
part of these financial stat iten s.
.5
_QNROE COUNTY FLORIDA
PRTY PP SE
NO-TES T-FINANCIAL STATEMENTS
SEP__,.__TEMB .3
NOTE I ,- SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
the -follaw.�ln is a summary cif, a s i gnj fi cant used in accounting,
policies e the. prbpar$at or t�f the fir rx ial statements.
principles .and
smarms.
R rtiM Entity a the Property praiser Of Monroe County, Florida
Arai srBB
) is a separate Constitutional Offi r� as provided ("Pro("Property,,
the Stag of Florid; Ft r financial reportingby the law ref
part Of the Count °s rimarpurposes,,,�s sn: it � s' d er�ad to-b a
P Y and,therefore is included s sri�h
the' Monroe C my ComprehensiveAnnual F%r�ari�ial R pert in
.
si ref Prconsdrsttir Thesefinancial statements,f rr�Y with. the,accounting rats have been Or ar d principles .arid reporting b the Gra�er°nmehtal Accounting Standards Board.
g p g g�idlis establish
utilizes thefl lrir g fgr�d types r� c� rt rt�Ups; a Thp Prg ert `
p Appraiser
Governmental Fin d Type'
The General Fund
This fund i s used to .,account for all revenue and
�pnditr � , ppliabl� t� the general operations of the Prc� ors
that are rent regdi r ed: 6i ther l gal l y pr `b
P t.y praiar
principles to b a nt d for in`ar�Y o ft�r�dm
n generall accepted accounting
Fiduciary aray "Fund Type:
< .
This ford is c st6d1al it nature and does not inyoly .
�sasr° rn�rits f r :s�lts �f naratinns
Ager�� Ft� td i merely a ('assets gutgl liabilities) ,, The
Yl clearing can fir assets hl d by the Property
Appraiser as a agent for irdiidlsn riat corn .
governments, or other fundI t� risr other
' Account Group,
Leneral, Long-Term Debt 'Account
a unt for the l rig'-tterm' debt of then r r°is rat gr°oc� is
stabl i shed o
g v r,Lnmehtal funds. p J' Appraisers financed from
M NRQE COUNTY FLORIDA
PROPERTY PP, IE
NOTES 1"O F:I'NANIAL STATEMENTS
SEPTEM�,. 197
NOTE SUMMARY OF SIGNIFICANT A COUNTING POLICIES ( onto
Da sis of ccduntn
Thee rdifi acrialbasis f accountings, followed �,
the Gnral Fund, Under the codified accrual, basis by
are recorded when received br n susceptibly accru .accounting, 'revenues
and available to financ the:�Pr°opdrty Appraisers operations. Expenditures
that is', measurable
and recorded Shen the 1`i i 1 i ty s' incurred except for accumulated
and vacation pay i is not recorded as . an �sick pa,
prepared on the" basis. . p ndlture. Budgets are
Dud star° _c�irer�en - >,
Expenditures are controlled y appropriations in
Theaccordance with the budget rpquir°emehts sit forth in 'the Florida,
to nts d revenues ` and expenditures in the ace a Sta �t sa
statements reflect all approved amendments. , p Hying: financial.
General Fixed As ' - The tangible' personal property
Appraiser in its operations is, shown in the Genera I FixeduAssets
, o the Board of County o� issi ndrsm y the Propro p
Account Group
re,.prrb other, expenditure items used in the Property> pp office space and
are provided expenditure
cost by. the ' card f County Commissioners.
P �°�s operations
Undistributed Excess Fees - Florida Statutes provide that
collected by tie Pro ert
p y Appraiser in excess of exp ri ditures' shall be
essed fee 'revenue
retained ar�d applid to nit
year°s operating undistributed excess fees acosts a
t . ri of each year a l The amount o
County Commissioners, of Monroe".County is reported as fund balance.
pp icable t t ' oard_ of
C rn_6hsated Absences '- The Property Appraiser 's Policy
leave and sick . leave in varying arounts:
. Upon grants er�ployeds� annual
employees with sip months or more o rddited service a termination, of erplo nt,
accumulated annual lavee n receive p ent for°.
In general', sick leave
termination of employment to employees .with five ants are granted upon.
service. The axi ur yea�S `or more of credited
limitatiensa pat �nt is subject to' percentages and maximumhour .
Aormallated sick lease is accrued to the- extent that such
count could normally e 1igidatd with expendable available be f
resources aoThe remainingliability is nandial'Account 'Grpe reflected inthe General,
Long®Term Debt
N E COUNTY FlO IDA
PRPETY.APP ISE
NOTES To
FINANCIAL STATEMENTS,
SEPTEMDR 3 1997
NOTE I - SUMMARY ELF SIGNIFICANT ACCOUNTING LCI
S (Continued)
Total Columns on Combined, Statements The cbl,u rr
Only)`� of this r�dr°t is idluded ft�r� infrnationl �
. column is r�ct comparable' to consolidated l tl d '®Total (Memorandum
drardui
reporting entity iP p � nrrl This total
fin ncial information,
accounting. by .fund type, g the base
r and the eliminations
l im us funds usedifferent bases of
In addition, iritar�fr�rrd t
arriving at the arrr ants. includ d in this ,col .
Y l rya r rat r crr have .not, been d J n
.NGTE ,2 CASH AND INVESTMENTS
Cash and inn stments; t September 310,
1997 .consist of the following:
Durand Deposits
' 07,372
efdrr ed Compensation Pled
rrvstrnts ( t Market VaIU )
6D4 134
9� 6
Demand and,time dpbsits are fully irrsurd insured- in adrtyda
which established the r multiple used- in institution
financi rrc withFlorida Statute
L aIIY ermissibleinvestments are d� ire d . rtuti n criilater� l
pr'ir�il ' p�r�1 .
Y ldrida Statue 1 6.31. and
Y c�rsis .�f edrsal arr Stag secur°itids.
NOTE 3
LONG' -TERM DEBT
The following is a' summary of
September' 3 a _1997. charms in long_.term. .',debt for the
Year ended�
Accrued
Compensated.
Absences
Long-Term Long- Term Debt, Beginning of Year 125,818
Debt Retired
Long Term Debt, End of Year
aS:
t
ROE COUNTY FLORIDA
PROPERTY AP IS
NOS TO- FINANCIAL STATEMENTS
SEPTEMBER 3 1997
NOTE 4 - LEASE ODLIATIOS
The Property Appraiser pays rent under ' an ela i raaer�t a .
p Rental. -expense for t�i "aorrent ble operating leases for ,ofieo
.�
year amounted' to 2
NOTE 5 RETIREMENT 'PLAN
Substantially all full-time Property the Flcarida. Retirement System Appraiser e ployees are ,
z, sharin Y f`®The System"),e mpl'ciparr s in
9 public retirement s stern. a rcrltipleme p�oyer, cost-
The Sys ioh is controlled b
Stag tslatord and administered y the Staid of lbr.Administration, Division of Retirement, n the
employees of g rid s governmental l units Ada® Department �
qo �r approximately 7�0 fall-tire.
Within the of Florida,
The system p'rdvides for 'vesting of benefits -
servioe.. Norval retirement benefits are available to 10 Years of creditable.
or alter age 2 �sith 10 or core o eoyees who retire at
mailable after Years of serioe. Early retirement is
Years of service With a reduction of benefits for e
ye4r° prior to normal retirement age.
average oorrpens Lion and Years-of-service credit each-
Year, benefits are based vapor ,age computed as the, average -of an individual.` fire hi
Erxaplpyees are not required to odntrdtd "t" ero a�orge dprnensaidr� is,
gent years of earnings„
o the S,Y§tear®
The Property Appraiser has no responsibility . o the System the periodic pa payments required y rrr other an to ma -
et"irement issues" y state statutes.
oliol The Florida Di. isiorr of
financial stater eats and required' �s�ppld�rent financial report
The report may be obtained by writing pl Floridathat inolri as
arj� information for the. System.
Monroe= Str ut poi1din Ca Division ,of Retiregent� 39
O Tllassedp F 299-15 .
Participating employer contributions are
established - ,y the State of Floridd. based upon state-wide rates
salaries. as follows: regular employyes phase mates are applied' to ear logee
27.10 ,- and elected Officials, 27 9°G. 17.43 H special risk rnpl�yoye The Property prayer°` contributions .
e
ONRO 8 -I-L FL19F DA
PROPERTY APPRAISER
NOTES TO FINANCIAL TATEMENTS
SEPT MB R 3 1 97
NOTE 5. .- RETIREMENT PLAN (Continued)
made during the years ended' Se 0 997;
22s and
220s00 s respectively, and. 19 5 were 231 00�;_
ooitri dtion ,, require requirements for 'eaoh� equal �o the aotuariall -
year. Thy Property ,A determined determined, i n adoordar�oe with;
D -Staterent Noe Appraiser his
pension l i a i_1 i ty before or at transition. 27, than t ere was n
NOTE 6 DEFERRED COMPENSATION PLAN
The Property Appraiser offers its employee,
created in accordance with Internal Revenue Code
'deferred oornensati�n plan
Section 7e �
mailable to all. Property ppr°aiser gtnlyges The, plan of their salary ntil future s perwts thorn to defr a
Years. , portion
a ila le `to employees -until termination, retireaI fer
The feared compensation is not emergencies. death,. or unforeseeable.
All: amounts of compensation' deferred under, the
Plan, all
ur°ohasod with ``those amounts; and all income at ri Bata to t
property or rights are (until paid or rraade quail property brad right
hose amounts,
, beneficiary) able to the ernployg or .others
,solely the pro er°ty. and nights of the Pro' Appraiser
being: restriote to the prouisfons f dr�efits under the 1
to the olairs` of the Pro art A . y tv�itut.
P Appraiser's plan), sub ' of only
rights under the plan are equal to those of
general creditors
general eredi.tors. artioits®
Appraiser in an aeaunt egsaal tp the fair rarkt value of the of the Property
for 'ea rticiparte -
defgrred account
The 'Pr '
per°ty Appraiser his no l,iail°€t,y_ for loses
have the duty, of due' care that �ao�ild e ,required of an
under the plan dt� does
in�estorm Tq Property Appraiser believes that it is unlit ordinary
ill e used to satisfy the o1 mans of er~al or that assets
editors in the future.:e assets
In August, 1996, Internal Revenue 'S rvldd Caid Seot era 57
require' that a aunts deferred under a eferr o pnsat on as . ended to.
a state or° locals government must, held err rs trust for playa maintained y
Plan participants and thdir behefioiariesm nrourfo the exclusive benefit of
plans need no t comply �vit the n c trust re wirer deferred under existing
ent until January 1 1 99'.
-1 ,-
MONROE COUNTY FLORIDA
PROPERTY APP ISR
NOTES TO.FINANCIAL STATEMENTS
SR 30 197
NOTE 7 LITIGATION
The Property Appraiser is a defendant 'i
ether 7sp tes h Wherein substa6tia'l amounts ar �1 �r�edm
ar����rs l ast�%`ts arr ,i s involved in
r°�per°t Appraiser,
pp a these . art arrdclaims should rrbt result opinion of the
settlerndrrts vhihm in a0ratea ' �rt1 have material off'
Jdgerrts or
Appraisdr°s financial p It rt. 6c on the Prop rt
NOTE 7 RISK A A EH
ENT
The Pr6per' tY Appraiser is exposed to various risks �f
theft f, �p
"damageand atr° ctor� f` ssso' rr° r°s and a�nis � r�s tort;JOss related to
to �rpl oyees i arr :,natural' di saster�m the pd rage provided 'b The Pr°dperty Appraiser injuries
y the Board � f Count arti ipats Jn
for Nark rbs Compe satidri Y Commissioners Of M Monroe d�rrrty
seryi�e �rrs. Grrarrp Irrarrem. 1.lrr r these prograrnss e r r Risk— Management inter-real
50a000 per per claim for r�egrrlar employee Grp rrsaticrrr c�ri provides.
provides coverage Y The Group Insuran e Fund
provides P 75 00 . for° each radical claim.100,000, for each
property damage cu rs, each general
liability,
Risk Management
laIM and $8.000 for nYgrage Yar ie Property D r age ins€�racr e excess
insurance .for cl�alms i excessl..bfre�aperty.�era The C�prrt
other risks -of loss Settled �1ai s h J' Purchases, �pmm rcial
provided the fronds and for -all
in any of the' past three ears aye not exceeded this ommer° ial `cove age
Worker s p 1� The Pr°oprt,y Appraiser
Compensation,arrsati rry Group p InsUr°ance and issk ana ,makes
meet P eats to the
aestivates df the amounts needed o
pad ri r an current Year claims. —
based on
MONROE COUNTY FLORIDA
PROPERTY APPRAISER
` COMBINING STATEMENT OF CHANGES JN ASSETS-AN
AGENCY FUND LIABILITIES
FOR THE YEAR ENDED SEPTEMBER 30 lgg
DEFERRED
Balance,
COMPENSATION Ft1ND
I- Additions Ba]ame, -
---- Ded_ u ct ans I
997
Assets
Cash and Investments 1
$ 16 4472
684134
Liabilities:
Due t°:Individt ais , $ 1
169 472
6B 4__ 134
=12-
'GRHEN,
Certified,Public Acc tgntIS e
143 KE NEDY DRIVE
., 1 . P° 0- BOX1529
. E P, C.P
KEY WEST, FLORIDA 33041-1 a29
MARVA E. GREEN, C.P.A. (305)..294-2.551 MEMBER
AhERlCA[V INSTITI
FAX # (305)294-4778 AND FLORIDA 'INSTITUTE F
CERTIFIED PUBLIC A OLINTA
INDEPENDENT AUDITORS' REPORT N INTEA� . COTL
Mr. Ervin A. N°1s
Property Appraiser
Monroe County, Fl gr°`ida
Wel
hare, audited the fin- ' statements of the Pro dr° .
Count ' Pl orida n ("Property A ty Appraiser of onrde
and a issued oLsr report thereonsdated arluary
for .the Year end Se tembdr of 1 e
28, 1998.
e conducted-, our
audit in accordance , Zvi t
standards. and Government. Audit 4n Standards generally accepted
cif' the United. Stat se _> issued b p auditing
Those `standards require. that �vd l n and 1 €earl ral.
audit obtain reasonable assurance ,about h -tha the fl
P or �, the
are ,free of material Inisstate�lrlta-
nand 1. statements
The °management of the Property PPr ai see i
maintaining internal Contoo`�s, °responsi ;l for establis irr and judgments b In ful fi 1°l irl this responsibility, O and
related cos yIarlagelnr:t are, required to assess the expected .bdefits a
is of internal Control estimates
internal controls are` pro ;d ranadement th reasonable,, and
assurancethat assets are safegu and Procedures. Thy o Jepti es. of.
asdrlaldm but not absolute,
disposition, and that
against loss from unauthorize use or
management's authorization arl repo tion ar e
d�cerl�ted i ri accordance
financial', statements in ded properly to permit _ e , r paratidrlith
principles. accordance with generally ' of
eoause Of inherent limitations in any Internal*
accepted
errors or irregularities may accounting
y nevertheless occur arid: not be detected control system®
roeCton of any ea7uatiorl of:te system to future period
risk that procedures may become inadequate because o ,the
that the effectiveness of t e design and o �� s �i subject t to the
se of dharle i ri C�ndi t j ores or
may deteriorate, p Ton of polities. and prdgedlres
In planning and Performing
Property our aL�dit of the financial statements -of the
p y A raiser for the year ended September 3
understanding o internal Control s m 7 we obtai d an-
obtained
an, urld rstan understanding f the design of relevant,With respect to internal controls, �Id
and whether' they have been planed in opratidng a t porgies add
procedures
and d assessed control risk
a13-
pry
in order to determine our ;auditin r
our opinion on the financial statements not toures for Internal control,: purpose of expressing
z Accordingly, we do not express such an opinion.
opinion on
Our consideration of internal control would
matters in internal controls that - not necessarii
accordingly might be reportable -conditions fse aal l
9 Y, would not necessarily,disclose all reportabl
also considered to be material weaknesses. nr
reportable condition in which the do e,conditinns that are
A material weakness is
sign or operation of one or a
specific internal control elements does not reduce to a rel
the risk that errors or irregularities n more of the
ativelY low .level
relation to the financial statements being
that would be material in
detected within a timelyg audited may
performing .;period b y Y Y occur and not be
their assigned funtions, Y em to employees in the.- normal
control and its operations-that we consider. to course of
We noted no matters "i nvol"ving internal.
defined above. .
be material weaknesses as
We also noted other matters invo ving internal co
we have reported to the management of the Pro ert
control and its operation that
Management. Letter .date' d, Januar
P Y Appraiser in the Auditor's
Y,28, 1998 included at page 15.
This report is intended for' the information
management and others within the Count of Board of Count `
and state a envies. " Y Commissioners,
9 However Y, and officials of applicable
. this report is a matter of ' federal
distribution is nt limited.
public record and its
Kemp & Green, P.A.
Certified Public Accountants
January 28,, 1998"
-14-
I1.
ma
Certified Public Accountants
1438 KENNE Y DRIVE.
P, 0. WX 1529
M., Q KEMP, C.P,A, KEY WEST; FLORIDA 33041-1529
ARVA E. GREEN, C.P.A. (305) 294-2551 MEMBER OF'AMERICAN INSTETU
FAX (305) 294-4778 .AND FLOR16A INSTITUTE:OF
CERTIFIED PUBLIC ACCOUNTAN
INDEPENDENT AUDITORS' MANAGEMENT LETTER
ra Ervin A. Higgs
Property.Apprai sar-
M nrOd COurt,Y' -Florida
r1 Planning and' rf0rrni rig ,0L1r audit of
Property Appraiser of Monroe .County, Florida (" r pert; �p
financial statement 0f the
Year ended Sept�rnar 30g 1997, e considered,;thy Pr°C} art
s for the
Pprais�r°°
control 's in -order t0 "determine, our a€�ditirt p �pr sting our 0 ihi0rl crr the financial Ppr'ai r° internal
O pro dt1r�s for 'the _purpose- of
not designed t0 Ar id " assi earl .,0r1 irrtr�rral menu. 'Although
satr�arrts d � r audit gas
noted certain Natters involving internal control. grid its operation,
sl�ittirTg fdr y0r 01�sidrati0rl Arid its prat� rts $�gg]
Property' Appraiser related r commendations d sg�d td hand the.
Y raiser rake improvements and .achieve 0 ar°at 0r�al efficiencies.
Ourcomments reflect our Asir° to ,�f continuing assis io
Appraiser.
ancei npi�so
to the PropertyRM
0U i t Year°s a_na ement Letter _ a t
�f Strr7 - rat as
During the_ course Of our, auditof,'thy financial st1.
Appraisers 'we r10tid
r rnrr rdati rts' s ddtlir$appropriate atIeen is of the Property
aotii�r► had bars taker►a upon the
rragar E rft ,Letter forjh year ended Sept r 30 1996. �rrt� s �tion, Of , the
Current r_Firpj gs
None.
THFtEQ ID_TMCLOSURS
Marva Green was the Auditor in Charge fir the at�di
We attest that the A dit�r ih Charge rrr t the d ,of the Property
PPhrsa
Pursuant
to-Chapter 110"45, Florida .Statutes. t�0r�al r ar s a is p s arrt
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The Property Appraiser eras ant in a .stag of firian�
in Florida Statutes, Section 21 .503(1)e. gal rg nay s descri
e have reviewed the annual report, filed with. to
Finance for Munroe County
Department. uf. Banking and
Statutes. Thi rpnrt' n a �nntp rE o
h the annual ot i on 2.1 .32
incorporates the finan ial statements of the Pro er audit rreport�Flnridwhich
p ty �pp�ais�r,
Requirements rel'at-ive to Public Records M der°ni atiun Trust rrrdray do nut, a ply
to the Property Appraisrm
This re-
port is intended solely for the information' of the
Commissioners and. others ithir� the County,federal and state agencies. This r� - C unty,tion card of County and ofioias of applicable
distribution of this report, which i a ratter Of public r
�r s not intended to� 1 i rr►�i t the
m
PA-
Kemp & Green, P.A'.
dr°t i fi ed Public Accountants
January 2 , 1
.16e
KEMP & GREEN, P.A.,
Certified Pubdte Accountants
1438 KENNEDY DRiVE
�a P. O. BOX 1529
WM: O. KEMP, C.P.A. KEY WEST, 'FLORIDA 313041-1529
MARVA E. GREEN, C.P.A. (305) 294-2581 MEMBER OF AMERICAN iNSTITU
FAX #4305) 294-4778 AND FLORIDA INSTITUTE OF
CERTIFIED PUBLIC ACCOUNTAN
INDEPENDENT 'AUDITORS' `REPORT ON COMPLIANCE
Mr. Ervin A. Higgs
Property Appraiser
Monroe--County, _F1'orida
We-have audited the financial statements of the Property A r
County, Florida
t Pro ert A raiser'° pp aiser of Monroe
P y. Pr ). as of and for the year :ended,8eptember
30, 1997 and have issued our report thereon dated J
anuary 28, 1998. -
We. conducted our- audit in accordance with ever
standards and Government Audi
Standards, issued b
g ally accepted auditing
of the United States, y the Com -
ptroller General -
Those standards -require that we plan and perform the
audit :e obtain reasonable assurance about whether the financi
are free of material misstatement, al he
Compliance with Paws, regulations, contracts, an
Property Appraiser. :is l
the responsibility d grants applicable t® the
management, As a ° of y of the Property Appraiser`s
p obtaining, reasonable . assurance about whether the
financial statements are , of material misstatement
the ' Property Appraiser's we performed tests. oIf
compliance with . certain provisions. of laws,
regulations, contracts, and grants. However, the objective of
financial statements was not to provide an opinion our audit of the
such provisions. Accordingly, ire do not express such an opinion.'
p on overall compliance`with
The` results of`' �-
our tests: disclosed no instances of noncompliance that
required to be reported herein under Gov__erment Audi t ng_Standa
are
This report is intended for t rds
he information of
Commissioners, management and others within the Count
the -Board of County
applicable federal and state a encies., y, and Officials of
public record and its distrbutgon is not ]united:
However, this report is a matter Of
(,
Kemp &,Greer, P.A.
°Certified Public Accountants
January 28. `1998
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