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Item Coversheet Page 1 of 1 <br /> Financial Management <br /> DATE: 10/25/2016 <br /> MEMO: Letter to the Decatur City Council Financial Management Department#2016- 19 <br /> TO: Honorable Mayor Moore Wolfe and City Council Members <br /> FROM: Tim Gleason,City Manager <br /> Gregg D.Zientara,City Treasurer and 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 City Council approval of the attached Council Resolution to authorize the Mayor and City <br /> Manager to enter into a professional service agreement with CliftonLarsonAllen, LLP ("CLA") for Auditing services and Non- <br /> Audit Advisory services whereby CLA will perform the independent audit of the financial statements of the City of Decatur for the <br /> year ended December 31,2016. <br /> BACKGROUND: <br /> CliftonLarsonAllen,LLP has served as the City of Decatur audit partner and has preformed 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 preliminary estimate of the audit engagement work-scope, the fee for the engagement should approximate <br /> $66,000, including two(2)federal grant program reviews in accordance with OMB Circular A-133.Each additional federal grant <br /> 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 follows: <br /> December 31,2016 audit services $66,000 <br /> December 31,2016 3`d federal program $ 5,000 <br /> Non-audit advisory services $ 8,000 <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 2017 budget includes coverage for the fee schedule proposed by CLA as included in this spending resolution request of the <br /> City Council. <br /> ATTACHMENTS: <br /> Description Type <br /> Resolution Resolution Letter <br /> Audit Engagement Letter Backup Material <br /> https:Hdecatur.novusagenda.com/AgendaWeb/CoverSheet.aspx?ItemID=884 11/7/2016 <br />