Palmetto Bay received a stamp of approval from their auditors on Monday night during their council meeting on Monday.
“Your fund balance at the end of the year is 102 percent of what the expenditures are, which is a very solid balance to be carrying,” James Burdick, a partner at public accounting firm Cherry Bekaert, told council.
The village closed 2014 with $12.8 million in reserves.
“The village ran an efficient, tight ship last year,” interim Village Manager Ed Silva said after the meeting.
Never miss a local story.
Homes located in the roughly 41.5 acre-block delineated by Southwest 152 Street, 156 Terrace, 89th and 87th avenues should see some flood relief this year and next, with council members voting to commit $730,000 to the first phase of a project that will update drainage infrastructure in the area. The village received a $300,000 grant from the state to help fund the project.
In an item sponsored by council member Larissa Siegel Lara, the council unanimously approved a new committee structure. Residents, business owners or employees in the village will now have the opportunity to serve on one of four new committees covering village services, parks and recreation, community outreach, and village administration.
The council also scheduled a special meeting for May 18 to set criteria for the search firm that will help identify the village’s next permanent manager. Former Village Manager Ron Williams, 64, chose not to ask for a contract renewal and stepped down on March 31. Council members appointed Silva — the village building director — to the position on an interim basis.
In other action, the council:
▪ Presented Miami-Dade County Commissioner Daniella Levine Cava with a key to the city,
▪ Approved 4-1, with council member DuBois in the minority, a $32,000 study on the village shuttle bus service,
▪ Co-designated Southwest 156 Street between 89 Avenue to US 1 in honor of Harry Troeger, one of the area’s first residents, who died in 2008 after living for decades in a hand-built home of oolitic limestone and Dade County pine.