Audit Response Progresses on Schedule

Agency Reports Plans and Timetable to Address Auditor General’s Findings

ORLANDO, Fla., May 28, 2015 – Florida Municipal Power Agency (FMPA) provided to the Florida Auditor General today a written corrective action plan detailing FMPA’s plans and timetable for addressing each of the Auditor General’s 15 operational audit findings.

FMPA’s governing boards and member utilities take very seriously the findings of the Auditor General and are committed to addressing each recommendation in a prompt and thorough manner. To ensure a prompt and thorough response, the report states that FMPA’s members are planning to address all of the Auditor General’s specific recommendations throughout their next six monthly governing board meetings. As of May 28, 2015, FMPA’s governing boards have completed work on three audit recommendations (Findings No. 3, 4 and 10) and the Agency expects to have all of them addressed or implemented by November 2015.

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Florida Municipal Power Agency (FMPA) is a wholesale power company owned by 31 municipal electric utilities. FMPA provides economies of scale in power generation and related services to support community-owned electric utilities. The members of FMPA serve approximately two million Floridians.

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