News from the South - Florida News Feed
Year-end report finds growing number of significant findings in audits | Florida
SUMMARY: A report by the Florida Auditor General found an increase in financial mismanagement and noncompliance with state law in 2022-2023 audits, compared to the previous year. Of 1,874 audits, 298 governmental bodies had 585 significant findings, a 13% increase from 2021-2022. Key issues included internal financial control weaknesses, budget and accounting problems, and noncompliance with legal requirements. However, repeat violations decreased by 6%. Notably, 22 entities were cited for deficiencies related to federal awards, and two organizations, the Leon County Educational Facilities Authority and SWI Community Development District, faced financial concerns regarding their viability.
The post Year-end report finds growing number of significant findings in audits | Florida appeared first on www.thecentersquare.com
News from the South - Florida News Feed
Mother of Jacksonville teen killed hours after high school graduation aims to keep his memory alive with special event
SUMMARY: Rashaud Fields was shot just hours after graduating from Raines High School in 2022. His mother, Janice, is honoring his memory by supporting others grieving the loss of loved ones to violence. She started the Rashaud Fields Foundation and is organizing a Sneaker Ball on January 25, 2025, to bring the community together. The event will offer a moment of relief for grieving families, including those who have lost children. Blaine Strive, whose sister was killed in a racially motivated shooting, will host a motorcycle ride to the event. The gala is sold out with over 200 tickets purchased.
The post Mother of Jacksonville teen killed hours after high school graduation aims to keep his memory alive with special event appeared first on www.news4jax.com
News from the South - Florida News Feed
Asian stocks follow Wall Street’s retreat, oil prices surge
SUMMARY: Asian stocks fell on Monday following declines in U.S. markets, where a strong job market report heightened inflation concerns. Markets in Japan were closed for a holiday, while U.S. futures dropped and oil prices rose sharply after new sanctions against Russia’s energy sector due to the war in Ukraine. Despite China’s stronger-than-expected export growth, regional stocks like Hong Kong’s Hang Seng and Australia’s S&P/ASX 200 declined amid uncertainties regarding potential “America First” trade policies from the incoming Trump administration. The Federal Reserve is expected to exercise caution on interest rate cuts, influencing market performance and corporate profits.
The post Asian stocks follow Wall Street’s retreat, oil prices surge appeared first on www.clickorlando.com
News from the South - Florida News Feed
Pier at St. Augustine Beach reopens for first time in months
SUMMARY: The St. Johns County Ocean and Fishing Pier in St. Augustine Beach has reopened after being closed for months due to damage assessment following a shoreline restoration project. The pier was shut in August 2024 after drone footage revealed damage to its pillars. While the pier is now accessible, the final 100 feet remain closed for ongoing restoration work. The county is selling passes for fishing and sightseeing, and previously sold annual passes will be extended by seven months. Mayor Dylan Rumrell expressed excitement over the return of visitors, emphasizing the pier’s importance for local tourism.
The post Pier at St. Augustine Beach reopens for first time in months appeared first on www.news4jax.com
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