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Item T2 BOARD OF COUNTY COMMISSIONERS COUNTY of MONROE Mayor Craig Cates,District 1 The Florida Keys Mayor Pro Tern Holly Merrill Raschein,District 5 Michelle Lincoln,District 2 James K.Scholl,District 3 David Rice,District 4 Board of County Commissioners Meeting November 8, 2023 Agenda Item Number: 2023-1789 BULK ITEM: No DEPARTMENT: Administration TIME APPROXIMATE: STAFF CONTACT: Lindsey Ballard 9:45 AM AGENDA ITEM WORDING: Update of Clerks Audit of Tourist Development Council. ITEM BACKGROUND: PREVIOUS RELEVANT BOCC ACTION: CONTRACT/AGREEMENT CHANGES: STAFF RECOMMENDATION: DOCUMENTATION: FINANCIAL IMPACT: 1 Liz Yongue From: Gomez-Krystal <Gomez-Krystal@MonroeCounty-FL.Gov> Sent: Friday, November 3, 2023 8:55 AM To: Ballard-Lindsey; County Commissioners and Aides; Kevin Madok; Pamela G. Hancock; Senior Management Team and Aides; Liz Yongue; InternalAudit Cc: Gastesi-Roman; Shillinger-Bob; Williams-Jethon; Cioffari-Cheryl; Livengood-Kristen; Rubio-Suzanne; Pam Radloff; County-Attorney; Allen-John; Danise Henriquez; Saenz- Stephanie; Hurley-Christine; Rosch-Mark; Gambuzza-Dina; Beyers-John Subject: Add On item T2 BOCC 11/8/2023 Attachments: AIS T2.pdf Good morning, Please be advised,the following Add On Item is set for inclusion day-of meeting prior to the approval of the Agenda: "Update of Clerks Audit of Tourist Development Council. TIMEAPPROXIMATE 9:45 A.M." The Agenda Item Summary is attached.Once approved,this will be considered Add On Item T2. Sincerely, Executive Administrator Monroe County Administrator's Office 1100 Simonton Street, Suite 2-205 Key West, FL 33040 (305)292-4441 (Office) (305)850-8694(Cell) Courier Stop#1 Notary Public w.r onryec_ u�n1yy: .....gpy PLEASE NOTE: FLORIDA HAS A VERY BROAD RECORDS LAW. MOST WRITTEN COMMUNICATIONS TO OR FROM THE COUNTY REGARDING COUNTY BUSINESS ARE PUBLIC RECORDS AVAILABLE TO THE PUBLIC AND MEDIA UPON REQUEST. 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L- C L) c 4-a 0 0 L- cn 0 C6 C)L a) a) I.J m m cn cu cy) > c 0 .+- -0 C: L- C Cn (D 0 LO E -C m a) CU cn 'IT c a) LO 0 1 0 [,- 00 -F.-O LO LO 0 LO a) Q. cn (1) CV ,e CIO C\l C\l — - > 'IT E N 00) w C: C) .C-) co w 69- lz W L m -C -C cn E 0 C: V cn 4-j F .D 4-j � 41 LO -0 c r�- 0 cn C 6q — (1) :3 0 = CY) cn 0 -0 -cn �: .c c t5 0 (D � (D Cn 0 E Lo- 0 B cn 0 , -+- cn cm Cn (D 0 c a Lm &m (D -F > c-) 40- 40 0 > -0 CU LLm 2 (D -0 0) c > a to m c 'o cn cu w cn E L- .F.-O 0 -0 :3 cn -C C: ry 0 w U) cu :E < Ld IL > U- U: U- 0 U- E U- E 0 C� 0 E C4 fn I M cn 0 CO 0 -j IL w w 0 cn IL W co 5q T 01 - a.0 0- 80 20-.. o 0 07 o � az EN C, 0 0 0 10, '0 Ig Ggo,'>2 2 um a 20 �o C, t72. 20- .10 o�. go -20 c- E o C', 0. uo;a d a 0 �a m 0 -H 0 7a E 2 0, Cl) 0 Hda�H� Cherry �uC�uu� F"kSE"r t LO I Be SMITH, CPA, MBA Partner, Cherry Bekaert Advisory LLC Fraud, Forensics and Investigative Services As a Partner in the Fraud, Forensics and Investigative Services practice of Cherry Bekaert, Lori's deep accounting, litigation and business expertise allows her to guide clients through forensic and investigatory accounting processes, management consulting solutions, complex financial analyses, business and asset valuations, internal controls, and strategic business plans. Lori has testified in State Court as a Certified Public Accountant involving economic damages. Prior to joining Cherry Bekaert, Lori was a Partner and CFO of an accounting and management consulting firm, where she oversaw their financial accounting and reporting, business planning and risk management tactics. Lori led a team of forensic accountants in submitting in excess of 10,000 claims for business economic damages in the P Deepwater Horizon oil spill class action settlement. Many of these calculations were accepted and approved by a United State Federal Judge on behalf of the Court Appointed Neutrals who were charged with settling thousands of remaining unresolved lost profits claims. Lori and her team were appointed by Attorneys General in the State of Louisiana, Mississippi, and Florida and numerous states and local governments and municipalities in connection with the lost profits those entities sustained from the BP ®eepwater Horizon Oil spill. The successful outcome of these matters resulted in an appointment by a United States Federal Judge to represent the Court Appointment Neutrals wherein the calculation of lost profits resulting in a settlement totaling in excess of$20 billion. Additionally, Lori leads a team of forensic accountants that has submitted in excess of 800 economic damages calculations to date for acute care hospital throughout the Unites State in connection with their claims against pharmaceutical companies, manufacturers and distributors as a result of the opioid epidemic. Lori and her team were appointed in the bankruptcies for Mallinckrodt, PC in the United States Bankruptcy Court for the District of Delaware to calculate the lost profits of thousands of acute care hospitals throughout the United States that registered for Hospital Abatement Distributions as a result of the opioid epidemic. The methodologies for these calculations of lost profits were approved by the court as part of the Hospital Trust Agreement established in connection therewith. Education M.B.A., University of New Orleans B.S. in Accounting, University of New Orleans Professional Involvement Iip, American Institute of Certified Public Accountants Iip, Louisiana State Society of CPAs Industry Experience Iip, Healthcare Iip, Retail Iip, Hospitality Iip, Oilfield Services Iip, Other Energy Iip, Banking Hda�H� Cherry BelkabIrt Manufacturing Hda�H� Cherry �uC�uu� elkaer t �!s JOHN M. COLLIER, CPA, CFE, CIFF CVA Managing irector, Cherry Bekaert Advisory LLC Fraud, Forensics and Investigative Services As a Managing Director in the Fraud, Forensics and Investigative Services practice of Cherry Bekaert, John is responsible for engagement management and the execution and delivery of the highest level of fraud and forensic accounting services for attorneys and their clients in large, complex, commercial litigation matters and fraud investigations. John has over 30 years of experience as a fraud examiner, forensic accountant, and as an industry accountant. His clients include fortune 500 companies and international law firms. John has testified numerous times in Federal and State Court, and in arbitration, as a Certified Fraud Examiner and Certified Public Accountant. Prior to his career in forensic accounting, John was the Accounting Manager and Controller of a pharmaceutical distribution company in Bethesda, Maryland. Over the course of his forensic accounting career, John has led fraud investigations involving large, international, publicly traded companies, state governmental agencies, privately held businesses and both public and private universities. He has testified in multiple jury trials as a Certified Fraud Examiner and as an expert in fraud examination. Additionally, John has testified several times in large commercial litigation matters involving economic damages resulting from contract breaches, the misappropriation of trade secrets, the theft of corporate property and the usurping of corporate opportunities. In addition to his expert testimony experience, John led a team of forensic accountants in the Atlanta office of an international professional consulting firm in submitting over$300 million in economic damages claims in the BP ®eepwater Horizon oil spill class action settlement. John was responsible for submitting some of the largest claims under the BP settlement for international oil and gas companies, publicly traded fortune 500 companies, and large, privately held multi-location businesses. John is a licensed Certified Public Accountant in Louisiana and Georgia, a Certified Fraud Examiner, a Certified Valuation Analyst and is Certified in Financial forensics. Education B.S. in Accounting, Louisiana State University Professional Memberships Iip, American Institute of Certified Public Accountants Iip, Louisiana State Society of CPAs Iip, Georgia Society of CPAs Iip, Association of Certified Fraud Examiners Iip, National Association of Certified Valuation Analysts BelkabIrt Industry Experience �lip, Oil and Gas Exploration and Production �lip, Other Energy �lip, Oilfield Services �lip, Banking �lip, Manufacturing �lip, Retail �lip, Hospitality �lip, Secondary Education Hda�H� Cherry �uC�uu� CkSCI t f,. IT Christine Dever Hornack, CPA/ FF, CFE, MBA Senior Manager, Cherry Bekaert Advisory LLC Government and Public Sector Risk AdvisoryServices As a Senior Manager in GPS Risk Advisory Services, Christine has over 25 years of experience in risk management and advisory work, internal and external auditing, fraud and forensic engagements and investigations, financial and accounting as well as human resource and information systems. Christine has also served directly in several positions within these industries including, C-Suite positions: CFO and Human Resource Positions, as well as in Internal and External Audit positions. Christine provides clients with a unique perspective in risk assessment, internal control frameworks, business process development and evaluation of all of those through consulting and internal audit projects. Christine has significant experience leading full-service internal audit engagements from the initial risk assessment and audit plan development to conducting internal audits specific to State and Local government. Her experience is deeply rooted in consulting for internal control framework development to address specific challenges that face government organizations especially in the key elements of compliance, fraud prevention, detection, and deterrence, as well as addressing effectiveness and efficiencies of policies and procedures. Christine has led many forensic and investigative projects, requiring the utmost in client customer service and responsiveness. Additionally, in her client portfolio for her firm she consulted as interim CFO for tourism development council's and convention visitor's bureaus in the Tampa Bay area, as well as having these industry groups both in an internal audit universe, as well as external audit clients in prior positions and firms. Christine has a full 360 perspective on the nature of the mission, vision, and related transactions within and tangential to these organizations and the communities they serve. Christine has an extensive background in training and development in these areas for several organizations including the Association of Certified Fraud Examiners (ACFE) both at a Global Conference and Chapter level, the Institute of Internal Auditors for several chapters, the Florida Government Financial Officers Association (FGFOA) School of Governance and local Chapter meetings. Christine is part of the Tampa Bay Economic Crimes Task Force and has served on several Advisory Boards for local non-profits and volunteers for many events. Christine is a CPA licensed in the State of Florida, Certified in Financial Forensics, CIA candidate certified to sit for the exam. Education B.S. in Management, Florida State University B.S. in Accounting, Tampa College MBA, Concentration in Accounting, Tampa College Areas of Expertise Iip, Frisk Assessment Services Iip, Internal Audit Co-Source and Outsourcing Iip, Forensic Services Iip, Forensic Accounting Investigations Belkaert �lip, Risk &Accounting Advisory �lip, Compliance Readiness CmnouNng, Enterprise Risk Management Services �lip, Strategy& Operations �lip, Entrepreneurial Services �lip, Litigation �lip, Government Contractor Consulting Services �lip, Accounting Advisory Professional &Community Involvement �lip, American Institute of Certified Public Accountants (A|CPA) �lip, Florida Institute of Certified Public Accountants (F|CPA) �lip, Association mfCertified Fraud Examinoro (ACFE) �lip, Institute mf Internal Auditors (||A) �lip, Government School mf Financial Officers (GFOA) and Florida Chapter(FGFOA) �lip, U.S. Secret Service Jampa Bay Electronic Crimes Task Force �lip, Association of Certified Fraud Examiners (ACFE)Tampa Bay Chapter(former President) �lip, University of Tampa, Center For Ethics, former Director �lip, The Human Trafficking Foundation, former Treasurer �lip, ACFE (G|mba|) Scholarship Foundation -Global (former Treasurer) Relevant Experience �lip, NC Office mf Recovery and Resiliency, NC Department mfPublic Safety (Risk Assessment, Internal Audit, FVVA |nvootigatimno) �lip, North Carolina Department mf Cultural and Natural Resources �lip, City mfAsheville �lip, Anne Arundel County, MID �lip, Anne Arundel County Library �lip, City mfWilmington �lip, Lander University �lip, SRP Credit Union (Procure tm Pay end tmend) �lip, Pinellas Suncmaot Transit Authority (PSTA) �lip, City mfTampa (multiple divisions and quasi govt. divioimno—ao a Senior Internal Auditor) �lip, Visit Tampa Bay (under Christine's firm) �lip, Tampa Convention and Visitor's Bureau (under Christine's firm)