HomeMy WebLinkAboutItem 06.eJanuary
Audit
Propose
Staff rec
Letter wi
Approva
the fiscal
Overview
On Nove
Malloy, M
attached
responsi
Primary
Term
consi
by th
Fees
excee
Agre
excee
Liquo
Firm
MMK
Support
Audit
________
Jerilyn Er
Financia
Financia
continge
Related D
Commun
reflects t
19, 2016
Engageme
ed Action
ommends a
ith Malloy, M
l of the Aud
l year endin
w
ember 16, 2
Montague, K
d Audit En
bilities, aud
Issues to C
m of the A
istent with t
he City Coun
. The audit
ed $32,750
ement was
ed cost of $
or contingen
Qualificat
KR has well t
ting Inform
Engagemen
__________
rickson, Fina
l Impact: $3
l Impact: $6,
ency
Documents
nity Values –
the long-sta
ent Letter w
adoption of
Montague, K
dit Engagem
g Decembe
2015, the Ci
Karnowski, R
gagement
it procedure
Consider
udit Engag
those of Au
ncil in Novem
t fees are co
. The aud
an option
$6,000 whic
ncy account
ions. The f
rained and p
ation
nt Letter
_________
ance Directo
2,750 Bud
,000 Budget
(CIP, ERP, et
– Good Valu
nding comm
with Malloy,
f the followi
Karnowski, R
ment Letter w
r 31, 2015.
ity Council
Radosevich
Letter defi
es, engagem
gement Let
udit Engage
mber, 2015.
onsistent wit
it fee was
to have MM
ch would be
ts. Staff anti
firm has pr
professiona
or
dgeted: Yes.
ted: No. So
tc.): _2016 B
ue for Public
mitment to f
, Montague
ing motion:
Radosevich &
will result in
approved a
& Co. P.A. (
ines the a
ment admini
tter. The
ment Agree
th those of A
included in
MKR prepar
e financed
icipates prep
ovided exce
l staff that p
. Source: G
ource: Gene
Budget_____
Services. Th
fiscal respon
It
e, Karnowsk
: Move to a
& Co. P.A. (M
n MMKR pro
an Audit En
(MMKR & Co
udit scope
istration and
terms as d
ement with
Audit Engag
n the 2016
re and prod
by the Gen
paring the C
ellent audit
provides hig
General, Liqu
eral, Liquor a
__________
he proposed
nsibility and
tem No.____
ki, Radosev
approve Au
MMKR & Co.)
oviding the a
gagement A
o.) for fiscal
e, objective
d fees for th
described in
MMKR & Co
gement Agr
6 budget.
duce the CA
neral Fund,
CAFR in-hou
t services in
h quality au
uor and Util
and Utility F
___________
d Audit Eng
d stewardshi
_____
vich & Co. P.
udit Engagem
audit service
Agreement
year 2015.
es, manage
e coming ye
n the Lette
o. P.A. appr
reement – n
Included in
AFR for a no
Utility Fund
use.
n previous y
udit services
lity Funds
und
__________
agement le
p.
.A.
ment
es for
with
The
ment
ear.
r are
roved
not to
n the
ot-to-
d and
years.
s.
___
tter