HomeMy WebLinkAbout14-Extend Contract for 2014 Financial Audit
Action Item # 14 2014 Financial AuditExtending the Contract for the Consideration of
Extending the Contract for the 2 About $43,000 per audit–Professionally performed audits for 2011 through 2013–One year contract with an option to extend for two years–in company size
th Ranked 14–Moss Adams•About $60,000 per audit–Professionally performed audits for 2005 through 2010–in company size th Ranked 17–Baker Tilly/Virchow Kraus•Auditors are hired by the
Board and report to the Board•Background / History 2014 Financial Audit
New Information 2014 Financial AuditExtending the Contract for the 3 Always on schedule and on budget–Very professional and knowledgeable–fresh eyesRegularly turns over field staff to
look at documents with –Retains Julie Desimone and Keith Simovic–Moss Adams•$47,000 for 2015–$46,000 for 2014–Moss Adams is proposing to extend contract for two years•Audit contract
is needed for 2014•
Fiscal Impact 2014 Financial AuditExtending the Contract for the 4 The FY15 budget is $58,360•The proposed cost for the 2014 audit is $46,000•
Recommendation 2014 Financial AuditExtending the Contract for the 5 additional yearcontract for one year with an option to extend it for an Authorize the Board President to extend the
Moss Adams •