PALM COAST, FL – The City of Palm Coast was contacted by the Executive Office of the Governor’s (EOG) newly established DOGE Team in response to Executive Order 25-44. This initiative aims to identify and address unnecessary spending within local governments, enhance efficiency, and promote fiscal responsibility across Florida.
As part of its mission, the EOG DOGE Team is also assessing compliance with Florida’s financial management requirements under section 218.503, Florida Statutes. This provision determines whether a local government is in financial emergency or distress based on criteria such as:
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Failure to pay short-term loans or obligations when due as a result of lack of funds.
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Failure to make debt service payments on bonds, loans, or other debt instruments when due.
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Failure to timely pay uncontested claims from creditors for more than 90 days due to lack of funds.
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Failure to transfer taxes, social security contributions, or retirement plan contributions as required by law.
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An unreserved or total fund balance deficit in the general fund or any major operating fund that persists for two consecutive years.
