HomeMy Public PortalAboutAB 18-052 FY18 Audit Engagement Letter
McCALL CITY COUNCIL 216 East Park Street
AGENDA BILL McCall, Idaho 83638
Number AB 18-52
Meeting Date February 22, 2018
AGENDA ITEM INFORMATION
Originator
SUBJECT:
Department Approvals Initials or
Supporter
Mayor / Council
Request for Approval of the Eidebailly Audit
City Manager
Engagement Letter
Clerk
Treasurer Originator
Community Development
Police Department
Public Works
Golf Course
Parks and Recreation
COST IMPACT: Not to exceed $46,000 for Audit; Single Audit
$5,000 for one major program, $3,500 each
additional program (No single audit in FY17)
Airport
FUNDING FY18 Approved Budget line item number 10-
Library
SOURCE: 45-150-301.0 - $54,500
Information Systems
TIMELINE: ASAP
Grant Coordinator
SUMMARY STATEMENT:
The audit engagement letter states the terms underwhich the audit will be conducted by Eidebailly,
management’s responsibilities, states the fees and timing of the audit, the signifcant findings Eidebailly will
communicate to the Members of the City Council, as well as dispute resolution, limitation of damages, time
limitation, indemity, and assignments prohibited.
In recent history, the engagement letter has been signed by the City Manager. However, in light of recent
information regarding what does and does not constitute an agreement and/or contract and therefore requires
council approval, staff is presenting this engagement letter to the Council for approval.
Staff apologizes for the late addition and amendment of the agenda to add this item. In the future this item
will be added in a timely manner to the Council agenda for approval.
RECOMMENDED ACTION:
Approve the engagement letter from Eidebailly for the FY17 Audit and authorize the Mayor to sign all
necessary documents.
RECORD OF COUNCIL ACTION
MEETING DATE ACTION