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001-2000 LTC CITY OF MIAMI BEACH CITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 http:\\ci.miami-beach.fl.us 1-2000 L.T.C. No. LETTER TO COMMISSION January 3, 2000 TO: Mayor Neisen O. Kasdin and Members of the City Commission FROM: Lawrence A. Levy \ nv- City Manager ~ SUBJECT: GMCVB - FINANCIAL STATEMENTS Attached hereto are the Financial Statements of the Greater Miami Convention and Visitors Bureau, Inc., with the independent auditor's report attached thereto. By copy of this memorandum, I have requested that Patricia D. Walker, Finance Director, review the report and bring to my attention any items of significance. If there are any such items I will submit them to you shortly. LAL:ptw Attachment c: Patricia D. Walker, Finance Director Murray H. Dubbin, City Attorney f:I cmgr/$all/ltc-OOI gmcvb .rep E A T E R I, CONVENTION & VISITORS BUREAU "1Ourism is Everybody s Business" December 29, 1999 Mr. Lawrence Levy, Interim City Manager City of Miami Beach 1700 Convention Center Drive Miami Beach, FL 33139 Dear Mr. Levy: Enclosed you will find the Bureaus Independent Auditors Report and Financial Statements for the fiscal year ended September 30, 1999 with comparisons to the prior year. This audit report is being submitted to your office in accordance with Section 1.02 of the Agreement Between the City of Miami Beach and the Greater Miami Convention & Visitors Bureau dated July 7th, 1999. We are pleased to announce that during the course of the external audit, there were no significant issues or reportable conditions. Accordingly, for the ninth year there is no Management Letter stemming from the audit. Please feel free to contact my office should you have any questions or require additional information. Sincerely, William D. Talbert, III President & C.E.O. c: Adolfo Henriques, Chairman of the Board ~~~~~ 701 Brickell Avenue, Suite 2700, Miami, Florida 33131 (305) 539-3000, Fax (305) 539-3113 http://www.miamiandbeaches.com IJmJ GREATER MIAMI CONVENTION AND VISITORS BUREAU, INC. Financial Statements and Schedule September 30, 1999 and 1998 (With Independent Auditors' Report Thereon)