HOLIDAY ISLAND -- The Holiday Island Board of Commissioners has set a regular meeting for Monday, March 25, at 6 p.m. in the Clubhouse ballroom.
The main item of the agenda is a status report by district counsel Thomas Kieklak of Harrington, Miller, Kieklak, Eichmann & Brown on the Bischoff v. HISID lawsuit over the assessment of benefits. The matter is listed for action, and public comments will be taken.
Also on the agenda for action is Regulation 2013-2, which amends the Code of Regulations regarding establishing monthly meetings and providing for public participation. The regulation is scheduled for its second reading and approval.
The board will also discuss and take action on engaging Beall Barclay to perform the 2012 audit. District Manager Gerald Hartley noted in his memo to the board the district has budgeted $21,000 for the audit, but the company is estimating $22,221.
Beall Barclay's engagement letter notes the district has "elected not to implement the reporting model required by the provisions of GASB (Government Accounting Standards Board) statement No. 34 and thus the RSI will not be included as part of the basic financial statements." The government has said it will provide other types of information with the basic financial statements. The district is in the process of acquiring new accounting software that will enable it to provide better financial reporting for the annual audit, it has said.
Monday's meeting is open to the public.