R2018-106 Professional Service Agreement with CliftonLarsonAllen, LLP for Auditing Services

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LETTER to the DECATUR CITY COUNCIL Financial Management Department #2018-10 DATE: August 13, 2018 TO: Honorable Mayor Moore Wolfe and City Council Members FROM: Billy Tyus, Interim City Manager Gregg D. Zientara, City Treasurer& Director of Finance SUBJECT: Resolution Authorizing Professional Service Agreement with CliftonLarsonAllen, LLP for Auditing Services and Non-Audit Advisory services SUMMARY RECOMMENDATION: City Administration recommends Council approval of the attached Resolution to authorize the Mayor and City Manager to enter into a professional service agreement with Clifton LarsonAllen, LLP ("CLA") for Auditing services and Non-Audit Advisory services whereby CLA will perform the independent audit of the financial statements of the City of Decatur for the year ended December 31, 2018. BACKGROUND: Clifton LarsonAllen, LLP has served as the City of Decatur audit partner and has performed independent auditing services for the City of Decatur since 2005. The relationship has been and remains a satisfactory professional relationship benefiting the City of Decatur. The duration of the relationship and CLA acquired knowledge of the financial affairs of the City of Decatur, benefits the city with manageable audit fees resulting from CLA's acquired knowledge. Based upon CLA estimate of the audit engagement work-scope, the fee for the engagement should approximate $71,300, including two (2) federal grant program reviews in accordance with federal single audit requirements. Expected fees to be expended to Clifton LarsonAllen, LLP for the audit services and non-audit advisory services will be as follows: December 31, 2018 audit services $71,300 December 31, 2018 3rd federal program $ 5,000 June 30, 2019 Transit single audit $ 7,500 Non-audit advisory services $ 10,200 Total $94,000 Page 1 of 2