ORDINANCE NO. 250593
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Sponsor: Director of Finance Department
Authorizing the Manager of Procurement to enter into a one-year contract renewal with Allen, Gibbs, & Houlik, L.C., to perform the annual independent audit of the City's books and records for the fiscal year ending April 30, 2025, to perform audit services, as requested, and to perform audit and tax services for various component units; authorizing expenditures up to $615,425.00; authorizing up to three one-year renewals without further Council approval, subject to annual appropriation; reducing the contingent appropriation in the amount of $1,000.00 and appropriating the same; and recognizing this ordinance as having an accelerated effective date.
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WHEREAS, the City Charter, Section 836, requires that an annual audit be performed by an independent Certified Public Accountant, and the Federal and State governments are requiring recipients of Federal grants to utilize the OMB Compliance Supplement concept to perform a financial and compliance audit and requiring airports to audit facility charges on an annual organization-wide basis; and
WHEREAS, the firm of Allen, Gibbs & Houlik, L.C., is found to be qualified to perform an audit of the City's records, and to prepare both the annual report and the single audit concept and other audit related services; and
WHEREAS, this is the second year of a five (5) year agreement that the City entered into with Allen, Gibbs, & Houlik, L.C., pursuant to the provisions in the request for proposal (RFP) for audit services released in 2024 for both the City and various component units, based on authorization granted under Ordinance No. 240552, adopted by City Council on July 18, 2024; and
WHEREAS, in order to implement these contractual services, it is necessary that the City be authorized to renew its contract with Allen, Gibbs & Houlik, L.C., to provide an independent audit of the City's books and records for each fiscal year, provide other au...
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