The Miami Herald spoke with Michael Futterman, Practice Leader of Marcum’s Governmental Services for the Southeast Region, about the misappropriation of water customer funds by the city of Opa-Locka, Florida.
By Michael Sallah and Jay Weaver
Regardless of the city’s needs, the deposits should not have been touched, said Michael Futterman, a Miami CPA. “They violated what’s in the statute,” said Futterman, a partner at Marcum LLP in Miami. “You can’t just use it and replenish it when you feel like it.”