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HomeMy WebLinkAboutAgenda Report - March 13, 1986C0O'NCIL COMMUNICATION ( TO; THE CITY COUNCIL . DATE NO. FROM: THE -CITY MANAGER'S OFFICE March 13, 1986 SUSPECT: Ale#- h AUDIT AGREEMENT z RFCQMMID ACTION: That the City Council consider the award of tale contract for the perfommice of the annual audit. f BACKGR01 ID INFbFMATION: For the past several years the City Council has j retained the firm of Ernst & Whinney to perform s the annual audit for: the: City of Lodi. The . firm E has advised us that it is again desirous of.performing the audit for fiscal 1985-86. The cost will be $22,000 which represents an increase of $1,700 over last year. The increase, according to Ernst & Mdnney, is, solely, attributable to the effects of recent federal legislation which requires that the scope: of the audit be expanded t6 include detail testing of such . federal grants as Commmity, Develogrent Block Grants. Tile firzu w.11 begin its work here sometime in May. - 4 About eighteen months ago,. in response`_to a question from the City;Manager,. the City Council expressed its satisfaction with the audits prepared by " &_ Ernst &Whinney and directed'the staff to continue to utilize this firm. =- The staff has no problem with continuing to work with `Ern st &`Whinney, nor would the staff have a problem with switching to a different auditing firm:' - Because `of -time `constraints, going to bid for auditing services is not possible for this.year. Umi%ever, the staff wall be prepared to discuss this matter in the €all, should the City. Council so choose. At that time E. the Council could consider "remaining with Ernst, & Whinney or soliciting bids for this service. 1, it, should be noted ;that the -cost of the audit has been generally in line with what other cities with an electric utility are ` experiencing. I will be pleased to answer any questions Councilmembers mayhave in this _. regard at Wednesday night's meeting'.° Respectfully submitted,..: ThMas A. Peterson City Manager TAP/lh - - - - - --- �TF LL z CITY COUNCIL "'" . THOMAS A. PETERSON g City,Manager DAVID M. HINCHMAN, Mayor T;T, ®,1T ' �Vl M REIMCHE r' f. FRED`ki. REID .i ALICE City Clerk'. Mayor Pro Tempore CITY HALL, 221 WEST PINE STREET EVELYN M. OLSON ; - CALL BOX 3006: RONALD M. STEIN JAMES W. PINKERTON, Jr. LODI. CALIFORNIA 95241-1910 City Attorney aOHN R. (Randy) SNIDER (209) 334-5634 -= March 20, 1986 = Mr. James E. Olson,. Partner , Ernst and Wain ey 555.Capitol Mall Suite 650: ._ Sacramento, CA. 9-r--814 ,.: Rei City of Dodi Annual Audit for 1985 - 86_: Dear Mr. Olson:, . This letter will confirm actions taken by the Lodi City Council at its Regular Meeting of March:,19, 19867 whereby;_ Council, -by motion action, F cmfinmed the retaining of the:fizm of Ernst and Kinney to''perform`the Annual Audit for 1985 - 86 at a cost of $22,000 and determined that the I City would solicit bids next fall for the performance of the annual. audit for next year- : Should you have any„questions regarding this action, please do not Ihesitate:to call this office. Very, truly yours, ALICE, M. REIMCHE City Clerk cc: Mr. Robert Holm,° Finance Director