HomeMy Public PortalAboutAB 19-278 FY19 Audit Engagement Letter McCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 19-278
Meeting Date December 19, 2019
AGENDA ITEM INFORMATION
SUBJECT:
Request for Approval of the FY19 Eidebailly Audit Engagement Letter
Department Approvals
Initials
Originator
or
Supporter
Mayor / Council
City Manager
Clerk
Treasurer
/
Originator
Community Development
Police Department
Public Works
Golf Course
COST IMPACT:
Estimated fee of $52,000 Annual Audit, $6,000 Single Audit for one major program, and $4,000 each additional program (No single audit is required for FY19)
Parks and Recreation
FUNDING SOURCE:
FY20 Approved Budget
Airport
Library
TIMELINE:
ASAP
Information Systems
Grant Coordinator
SUMMARY STATEMENT:
The audit engagement letter states the terms under which the audit will be conducted by Eidebailly, management’s responsibilities, states the fees and timing of the audit, the significant
findings Eidebailly will communicate to the Members of the City Council, as well as dispute resolution, limitation of damages, time limitation, indemnity, and assignments prohibited.
RECOMMENDED ACTION:
Approve the engagement letter from Eidebailly for the FY19 Audit and authorize the Mayor to sign all necessary documents.
RECORD OF COUNCIL ACTION
MEETING DATE
ACTION