Title
A RESOLUTION AUTHORIZING THE CITY MANAGER TO ENTER INTO A CONTRACT WITH ZUPKA & ASSOCIATES FOR FINANCIAL AUDIT SERVICES FOR THE CITY OF HUDSON FOR THE 2025-2029 AUDITS.
Brief Description: This legislation authorizes the City Manager to enter into a contract for the City’s annual audit for the years 2025-2029.
Body
Legislative History
The Auditor of State performed the audits for 2023 and 2024.
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 determined the City’s audit would be conducted by an IPA for 2025-2029.
The State has awarded the contract to Zupka & Associates (located in Seven Hills, OH) for the five-year contract period.
The fixed fees are as follows:
Year Hours Cost
2025 560 $41,440
2026 540 $41,040
2027 540 $42,120
2028 540 $43,200
2022 540 $44,280
Five Year Total $212,080
Timing Considerations
We request authorization to allow the auditors to start their fieldwork on the 2025 audit.
Fiscal Impact
X Currently Budgeted
Supplemental Appropriation Required
Appropriation Not Required.
Recommendation
Suggested Action
Staff recommend authorization for the City Manager to enter into the agreement with Zupka & Associates for the 2025-2029 annual audits.
Submitted by,
Thom Sheridan, City Manager
Jeff Knoblauch, Asst City Manager/Finance Director
Margaret Tussey, Asst Finance Director