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HomeMy WebLinkAbout34812 / 88-519 April 7 , 1988 # 519 RESOLUTION (CAPFIED ______ LOST ______ �AID OVEA ______WITHDRAWN ______) PUPPOSE: AMEND A➢DITOP ' S CONTRACT� TRANSFER FONOS INITIATED BY : DEPT . OF ADMINISTRATION WHEREAS, the City of Oshkosh has previously contracted with Hawkins , Ash , Baptie and Company of LaCrosse to perform the basic audit for the City for 1985 , 1986 and 1987 ; a�d WHEREAS� for the year ending December 31 , 1987 , the State of Wisconsin now requires a state single audit , a requirement not existing at the time the contraet was entered into� and compliance with the state single audit guidelines will require additional audit procedures and reports ; and WHEREAS, the present auditors have estimated a❑ additional fee of $1 ,800.00 to $2 ,300.00 will be needed to prepare the proper reports thereby necessitating a transfer of funds to cover the City 's share of the increase ; NOW, THEREFORE, BE IT AESOLVED by the Common Council of the City of Oshkosh that the proper City officials are hereby authorized and directed to transfer the sum of $1 ,265•00 From Account No. 310- 550 , General Fund Equity , to Account No . 014-560 , Independent Audit . BE IT FURTHER RESOLVED , by the Common Council of the City of Oshkosh that the proposal from Hawkins � Ash, Baptie and Company of LaCrosse to protluce a state single audit for the year ending December 31 , 1987 , is hereby approved , and the proper City officials are . authorized and directed to execute th appropriate documentation for purposes of same . BE IT FOHTHEF RESOLVED that money for this purpose is hereby appropriated from: Acet . No . 892-300 --Water ❑tility - Outside Service Acet . No . 950-561 --Sewer Utility - Audits Acet . No . 717-999 --Parking Utility - Miseellaneous Expenses Acct . No . 014-560 --Independe�t Audit Acet . No . 728-521 - Transit Utility - Professional Services SUBMITTED BY - 36 - APPROVi?D Resol . #519 � �ca� �.V Hawkiiis, Ash, Baptie c� Company � ssM��wauKeesraeeT v.o eox isoe Cer[rfied Pr�blit /lccour:tar:[s �,eAOSSE-w� saeoz-,soa isoei�aa-n�� March 21 , 1988 Mr. Edward Nokes, Finance Director City of Oshkosh P.O. Box 1130 Oshkosh, Wisconsin 54902 Dear Mr. Nokes : For the year ended December 31 � 1987 the State of Wisconsin now requires a state single audit for municipalities that ace required to have a federal single audit. Compliance with the state single audit guidelines will require additional audit procedures and reports. When we contracted with the City of oshkosh for the basic audit three years ago, the state single audit requirements did not exist . Therefore, the state single audit services are ❑ot included in our original contract. We estimate that the state single audit will cequire an additional fee of $1 , 800 - $2, 300. This fee is in addition to the basic audit contract fee. Please have these additional fees approved by the proper procedures so that we can proceed with the required state single audit for the year ended December 31 , 1987. Your prompt attention is appreciated. If you have any questions, please telephone me at 608-784-7737_ Sincerely, HAWKINS� ASH� BAPTIE 6 COMPANY Q�,. �3n.� Allan Brott, CPA Govecnmental Accounting and Auditing Manager ADB:lac - 36a - ;/-. - � '_ � �._ � .t :: �' ��.G�S\�; � . , , � _ � . ._ .. , ._ , . .. , ao � � 'A° A � Y m � .. � . .. o '- ° mz � n ; o �• � n �o � o `n �' mo � o u+ v m -s -� �n m � 0 � r. � � n ti � a 0 � � i� m z � T � C 3 6