SUBJECT:
Title
A Resolution of the Town Council of the Town of Erie Approving an Agreement for Professional Audit and Annual Financial Reporting Services with CliftonLarsonAllen, LLP
..Body
DEPARTMENT: Finance
Department
PRESENTER(S): Sara Hancock, Director of Finance
First Name Last Name, Title
FISCAL SUMMARY:
Cost as Recommended: $109,000
Balance Available: $150,000
Budget Line Item Number: 100-40-520-560180-000000
100-80-110-560100-000000
New Appropriation Required: No
POLICY ISSUES:
Conducting an annual audit is important to demonstrate the Town’s financial reports are accurate and the Town is complying with all applicable laws, regulations, and generally accepted accounting principles.
STAFF RECOMMENDATION:
Recommendation
Approve Resolution 24-015 authorizing the professional services.
End
SUMMARY AND BACKGROUND OF SUBJECT MATTER:
This resolution establishes professional audit services and annual comprehensive financial report (ACFR) consultation and preparation with CliftonLarsonAllen LLP for the 2023 audit and 2023 ACFR.
COUNCIL PRIORITY(S) ADDRESSED:
ü Prosperous Economy
ü Effective Governance
ü Fiscally Responsible
ATTACHMENT(S):
1. Resolution
2. Agreement For Professional Services
3. Scope of Services