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Item Coversheet Page 1 of 2 <br /> M <br /> Financial Management <br /> DATE: 9/11/2017 <br /> MEMO: Letter to the Decatur City Council Financial Management 2017-07 <br /> TO: Honorable Mayor Moore Wolfe and City Council Members <br /> FROM: Tim Gleason,City Manager <br /> Gregg D.Zientara,City Treasurer&Director of Finance <br /> SUBJECT: Resolution Authorizing Mayor and City Manager to execute a Professional Service Agreement with <br /> CliftonLarsonAllen,LLP for Auditing Services and Non-Audit Advisory services <br /> SUMMARY RECOMMENDATION: <br /> City Administration recommends Council approval of the attached Resolution to authorize the Mayor and City Manager to enter <br /> into a professional service agreement with CliftonLarsonAllen, LLP ("CLA") for Auditing services and Non-Audit Advisory <br /> services whereby CLA will perform the independent audit of the financial statements of the City of Decatur for the year ended <br /> December 31,2017. <br /> BACKGROUND: <br /> CliftonLarsonAllen,LLP has served as the City of Decatur audit partner and has performed independent auditing services for the <br /> City of Decatur since 2005. <br /> The relationship has been and remains a satisfactory professional relationship benefiting the City of Decatur.The duration of the <br /> relationship and CLA acquired knowledge of the financial affairs of the City of Decatur, benefits the city with manageable audit <br /> fees resulting from CLA's acquired knowledge. <br /> Based upon CLA estimate of the audit engagement work-scope,the fee for the engagement should approximate$68,600,including <br /> two(2)federal grant program reviews in accordance with federal single audit requirements. <br /> Expected fees to be expended to CliftonLarsonAllen,LLP for the audit services and non-audit advisory services will be as follows: <br /> December 31,2017 audit services $68,600 <br /> December 31,2017 3`d federal program $5,000 <br /> Non-audit advisory services $10,400 <br /> Total $84,000 <br /> POTENTIAL OBJECTIONS: There are no known objections to this resolution request. <br /> INPUT FROM OTHER SOURCES: <br /> No input from other sources. <br /> STAFF REFERENCE: Tim Gleason,City Manager Gregg D.Zientara,City Treasurer&Director of Finance <br /> BUDGET/TIME IMPLICATIONS: <br /> The audit work begins with audit field work in November, preceding close of the fiscal period to be audited. This schedule <br /> facilitates audit completion in accordance with the schedule as defined by the City of Decatur. <br /> https:Hdecatur.novusagenda.com/AgendaWeb/CoverSheet.aspx?ItemID=1274 9/15/2017 <br />