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File #: 24-59    Version: 1 Name:
Type: Resolution Status: Passed
File created: 5/1/2024 In control: City Council
On agenda: 5/21/2024 Final action: 5/21/2024
Title: A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO A CONTRACT WITH THE AUDITOR OF STATE FOR FINANCIAL AUDIT SERVICES FOR THE CITY OF HUDSON FOR THE 2023 AUDIT. Brief Description: This legislation authorizes the City Manager to enter into a contract for the City's annual audit for 2023.
Sponsors: Jeffrey L. Anzevino
Indexes: Finance - General
Attachments: 1. City of Hudson FY23 Engagement Letter, 2. Resolution No. 24-59

Title

A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO A CONTRACT WITH THE AUDITOR OF STATE FOR FINANCIAL AUDIT SERVICES FOR THE CITY OF HUDSON FOR THE 2023 AUDIT.

Brief Description:  This legislation authorizes the City Manager to enter into a contract for the City’s annual audit for 2023.

Body

Legislative History

None

Purpose & Explanation

The Auditor of State has the authority to either conduct the City’s annual financial audit or award the audit through an RFP process to an independent public accounting (IPA) firm.  The State has determined it will conduct the City’s 2023 audit.

The not to exceed cost is $46,904.

Legal Authority for Proposed Legislation

Pursuant to Charter Section 6.04, Contracts & Purchasing:

                       Competitively bid and advertised for two consecutive weeks; bid tab attached: [Yes/No/NA])

                       Joint or Cooperative Purchase Program

x                       Professional Services

                       Other [provide explanation]

Fiscal Impact

x                       Currently Budgeted (Account #, $)

                       Supplemental Appropriation Required (Account #, $)

                       Appropriation Not Required

Does this legislation require use of an emergency clause?

                       Yes [if so, explain why]

x                       No

 

Recommendation

Suggested Action

Staff recommends authorization for the City Manager to enter into the agreement with the Auditor of State.

Submitted by,

Thomas J. Sheridan, City Manager

Jeff Knoblauch, Asst. City Manager - Finance Director

Brian Griffith, Director of Budget, and Management