Broken Arrow City Council
Meeting of: 08-01-17
To: Mayor and City Council
From: Finance Department
Title:
title
Approval of and authorization to execute an Amended Engagement Letter with Arledge & Associates, P.C. to conduct the Fiscal Year 2017 Audit superseding the Engagement Letter dated May 25, 2017
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Background:
At the June 15, 2017 City Council meeting the City Council approved and authorized the execution of an engagement of Arledge & Associates, P.C. to conduct the Fiscal Year (FY) 2017 Audit. At the July 18, 2017 meeting the City Council then approved and authorized the execution of an engagement of Crawford & Associates, P.C. to prepare the FY 2017 Annual Financial Statements. As a result of the engagement of Crawford & Associates, P.C. the staff inquired of Arledge & Associates, P.C. if the preparation of the FY2017 Annual Financial Statements by Crawford & Associates, P.C. changed the scope and pricing of the current FY 2017 Audit engagement. Arledge & Associates agreed that there was a change in scope and the attached Amended Letter of Engagement reflects a decrease in pricing of $15,000. Staff recommends that the Council approve and authorize the Amended Letter of Engagement with the firm of Arledge & Associates P.C. to conduct the Fiscal Year 2017 audit at a not-to-exceed fee of $56,760. Funds are budgeted in the respective General Fund and BAMA Finance Departments operating budgets.
Cost: $56,760
Prepared By: Tom Cook Jr., Acting Finance Director
Reviewed By: Legal Department
Russell M. Gale, Assistant City Manager Administration
Approved By: Michael L. Spurgeon, City Manager
Attachments: Amended Fiscal Year 2017 Single Audit Engagement Letter
Recommendation:
Approve and authorize execution of the Amended En...
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