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HomeMy WebLinkAbout6.2 Audit Services 1984-1985 CITY OF DUBLIN AGENDA STATEMENT CITY COUNCIL MEETING DATE: January 14, 1985 SUBJECT 1984-85 Audit Services EXHIBITS ATTACHED Letter dated January 8 , 1985 from Perry H . Carter, C . P. A. RECOP4 ENDATIO7kcit he City Council Audit SubCommi -Lee recommends that he City of Dublin secure the services of Perry H. ! arter, C .P.A. to perform the City' s 1984-85 Audit . is also recommended that the Council adopt a policy for the future selection of the audit firm to perform the City' s independent financial review. FINANCIAL STATEMENT: Estimated 1984-85 Audit costs - $3 ,900 This includes preparation of the State Controller' s Report , Revenue Sharing Audit , MTC Grant Audit , and review of City financial records . DESCRIPTION The City Council Audit SubCommittee met with the City Manager on January 11 , 1985 to discuss the attached proposal presented by Perry H . Carter, C . P. A. Ivir. Carter has performed all of the City' s previous financial audits . He was formerly associated with the firm of Bray, Burke , Waterman, Cockrill & Carter, Certified Public Accountants . Mr. Carter established his own firm in 1984. He has a great deal of experience in the auditing of financial records for other local public agencies . The Audit SubCommittee has recommended that the City secure Ivir. Carter' s services for Fiscal Years 1984=85 and 1985-86. This would provide some level of continuity. A letter of engagement would be prepared outlining the costs of services for each fiscal year. As a matter of policy , the Audit SubCommittee would recommend that in early 1987 the City Council obtain request for proposals for audit services and select a firm to provide these services for a 4 year period . This selection process would take place after completion of the 1965-86 audit services and following the November 1986 City Council election. At such time as the Council selected a new firm, Mr. Carter will have performed financial audits for the City of Dublin for 5 fiscal years . The intent is to rotate the provision of these services in the future and not have a firm providing audit services for a period of longer than 4 years . It is the recommendation of the City Council Audit SubCommittee that the City Manager request that Mr. Carter prepare an engagement letter based on his proposal dated January 8 , 1985 . It shall also be the policy of the City Council to continue with Mr. Carter' s services through Fiscal Year 1985-86 and then select a different audit firm for subsequent 4 year. periods . ---------------------------------------------------------------------------- CUPl�� NO . N. PERRY H. CAR` LA C.P.Q. CERTIFIED PUBLIC ACCOUNTANT 24326 MISSION BOULEVARD SUITE 4 HAYWARD,CALIFORNIA 9.15.11 (4 15) 5 37-183 5 RECEIVED JAI 1 u January 8, 1985 ; CITY OF DUBLIN' Mr. Richard Ambrose, City Manager City of Dublin 6500 Dublin Boulevard Dublin, California 94566 Dear Richard: I would like to thank you and your staff for the cooD_ eration extended to me during the audit of the City' s financial state- ments for 1983-84 . Once again another year is done. With the audit in mind, I know that you and the City Council may be considering planning for the upcoming 1984-85 audit. To help you with your considerations , I would like to perform the audit for 1984-85 . My fee for the audit would be as follows : Main Citv audit $2,200 State Controller' s Report 1,000 Revenue Sharing audit 500 MTC Grant audit 200 $3,900 If it is the City Council ' s wish, I would prepare an engagement letter to that effect. If you have any questions , please do not hesitate to call me. Sincerely, 1.� I i ,�,�,,-� /� (mac• �� PERRY I1. CARTER PIIC/pg