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Item Coversheet Page 1 of 1 <br /> Financial Management <br /> DATE: 10/14/2015 <br /> MEMO: Financial Management 2015-13 <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 <br /> Agreement with CliftonLarsonAllen,LLP for Auditing Services and Non-Audit <br /> Advisory services <br /> SUMMARY RECOMMENDATION: City Administration recommends City Council approval of the attached Council <br /> Resolution to authorize the Mayor and City Manager to enter into a professional service agreement with <br /> CliftonLarsonAllen,LLP("CLA")for Auditing services and Non-Audit Advisory services whereby CLA will perform the <br /> independent audit of the financial statements of the City of Decatur for the year ended December 31,2015. <br /> BACKGROUND: <br /> CliftonLarsonAllen, LLP has served as the City of Decatur audit partner and has preformed independent auditing services <br /> for the City of Decatur since 2005. <br /> The relationship has been and remains a satisfactory professional relationship benefiting the City of Decatur. The duration <br /> of the relationship and CLA acquired knowledge of the financial affairs of the City of Decatur, benefits the city with <br /> manageable audit fees resulting from CLA's acquired knowledge. <br /> Based upon CLA preliminary estimate of the audit engagement work-scope,the fee for the engagement should approximate <br /> $66,500,including two(2)federal grant program reviews in accordance with OMB Circular A-133.Each additional federal <br /> grant program requiring audit testing will cost$5,000 per program tested. <br /> Expected fees to be expended to CliftonLarsonAllen,LLP for the audit services and non-audit advisory services will be as <br /> follows: <br /> December 31,2015 audit services $66,500 <br /> December 31,2015 3`d federal program $ 5,000 <br /> Non-audit advisory services $ 7,500 <br /> Total $79,000 <br /> POTENTIAL OBJECTIONS: There are no known objections to this resolution request. <br /> INPUT FROM OTHER SOURCES: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 2016 budget includes coverage for the fee schedule proposed by CLA as included in this spending resolution request of <br /> the City Council. <br /> ATTACHMENTS: <br /> Description Type <br /> o Resolution Resolution Letter <br /> 0 2015 Audit CliftonLarsonAllen Backup Material <br /> REVIEWERS: <br /> Department Reviewer Action Date <br /> Financial Management Bright,Debbie Approved 10/15/2015- 11:45 AM <br /> https://decatur.novusagenda.com/AgendaWeb/CoverSheet.aspx?ItemID=285 10/16/2015 <br />