Department of Finance, Director Desmond Chin, CPA

Department Headlines

BUDGET WORKSHOP SERIES FOR RESIDENT INPUT
Featured recently in the local news, the last of five workshops took place July 29, focusing on Park User Fee The town-hall series of workshops served as a forum for residents to provide input to the FY 2015-16 Budget. Look for the first official Budget Hearing to take place Sept. 8. Also see this presentation made during the first Budget Workshop. JUL 29, 2015

CHECK REGISTER PROMOTES TRANSPARENCY
We invite the public to take a look through the Village books on a regular basis. Palmetto Bay provides a monthly Village Check Register, online, in an ongoing effort to be a more transparent government. JUL 1, 2015

 

ALARM REGISTRATION FORMS, INFO ONLINE
Visit our Alarm Registration page for a Registration Application and Credit Card Authorization Form to pay via Visa, Mastercard, or American Express. You may also conduct the entire transaction online here. NOV 18, 2014

 

2014-15 ADOPTED BUDGET ONLINE FOR PUBLIC REVIEW
The FY 2014-15 Adopted Operating and Capital Budget is posted in the Forms & Documents section below. As outlined in the budget statement, the main focus is to implement recommendations of the Downtown Redevelopment Task Force – with an eye on enhancing the Village's overall financial viability. OCT 27, 2014

 

Financial Ratings Milestones:

  • JUN 2, 2014 -- FITCH AGAIN AFFIRMS HIGH RATING FOR PALMETTO BAY BONDS
  • MAY 8, 2014 -- TYLER TECHNOLOGY AWARDS 2014 PUBLIC SECTOR AWARDS
  • JAN 14, 2014 -- S&P UPGRADES TO 'AA' PALMETTO BAY BONDS

Finance News Archive


Notice of Budget Workshops

The Village of Palmetto Bay shall be conducting Budget Workshops. The purpose of these workshops is to discuss and listen to public input the proposed Operating and Capital Budget for the Fiscal Year 2015-2016 Village Budget. The workshops shall be held as follows:


About Finance

The Finance Department operates under the management and leadership of Finance Director Desmond Chin, and reports to the Village Manager. The Finance Department is responsible for administration of the Village’s financial and fiscal affairs, including:

  • Accounting practices
  • Financial planning and analysis
  • Audit coordination processing
  • Recording of daily fiscal activities in accordance with generally accepted governmental accounting principles
  • Budget coordination and monitoring
  • Preparation of financial reports
  • Providing support on fiscal and financial matters

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Biography - Desmond Chin

Director Chin comes to our municipality with a great deal of experience, namely serving as Assistant Finance Director at the City of Florida City for 10 years. He has a Bachelor’s Degree in Accounting from Florida International University and is a Certified Public Accountant (CPA). In his capacity as Finance Director, Mr. Chin manages the daily finance/accounting activities of the Village, including:

  • Budget preparation and administration;
  • Preparation of the Village’s annual financial statements, including the Comprehensive Annual Financial Report;
  • Accounts payable/receivable;
  • Revenue collection;
  • Cash management;
  • Procurement management;
  • Risk management and loss prevention; and
  • Payroll

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Department Goals

  • Ensure proper implementation of financial and accounting practices for the effective and efficient use of the Village’s financial resources.
  • Maintain proper accountability over the Village’s financial resources.
  • Prepare timely financial reports on the Village’s financial condition.

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Staff and Contact Information

Desmond Chin, CPA, Director
Donna Latchman, Sr. Accountant
Litsy Pittser, Procurement Specialist
Idalmy Vidaurre, Accounting Clerk
Wanner Fonseca, Cashier

Phone: 305-259-1234
Fax: 305-259-1290

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Forms and Documents

Alarm Registration Application
Credit Card Authorization Form

FY 2014-15 Adopted Operating and Capital Budget
FY 2013-14 Adopted Operating and Capital Budget

FY 2012-13 Adopted Operating and Capital Budget

FY 2011-12 Adopted Operating and Capital Budget

FY 2010-11 Adopted Operating and Capital Budget

FY 2009-10 Adopted Operating and Capital Budget
FY 2008-09 Adopted Operating and Capital Budget
FY 2007-08 Adopted Operating and Capital Budget
FY 2006-07 Adopted Operating and Capital Budget
FY 2005-06 Adopted Operating and Capital Budget

2014 Comprehensive Annual Financial Report
2013 Comprehensive Annual Financial Report
2012 Comprehensive Annual Financial Report
2011 Comprehensive Annual Financial Report
2010 Comprehensive Annual Financial Report

2009 Comprehensive Annual Financial Report
2008 Comprehensive Annual Financial Report
2007 Comprehensive Annual Financial Report
2006 Comprehensive Annual Financial Report
2005 Comprehensive Annual Financial Report
2004 Comprehensive Annual Financial Report

 


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