Title
Consider approval to extend the existing contract for audit services with Weaver for an additional two year period in the amount of $64,500.00 for 2020 and $66,750.00 for 2021, plus an additional $4,500.00 for 2020 and $4,600.00 for 2021, if required for Single Audit costs; and authorizing the City Manager to sign any necessary documents.
Summary
See attached memorandum.
Fiscal Impact:
The fiscal impact of this agenda item is $64,500 and $66,750 for fiscal years ending 2020 and 2021. If assistance with the preparation of the Comprehensive Annual Financial Report is requested, there is an additional cost of $10,000 each year requested. If a Single Audit is required because the City expended at least $750,000 of Federal funds during the fiscal year, an additional cost of $4,500 and $4,600 will be incurred for fiscal years ending 2020 and 2021.
Staff Recommendation:
The Finance Department recommends approval of this agenda item.
Goal Icon:
Sustainable City Government