Title
To authorize and direct the City Auditor to enter into an agreement with Deloitte and Touche LLP for professional auditing services for calendar year 2004 and to authorize the expenditure of $406,500 from the General Fund. ($406,500)
Body
This ordinance will authorize the City Auditor to enter into an agreement for professional auditing services for the calendar year 2004, of the City of Columbus, the Franklin Park Conservatory District (the District), the Franklin County Municipal Court, and other political subdivisions where applicable and to authorize the expenditure of $406,500, therefor.
At the direction of the Auditor of State an extensive request for proposals and evaluation process was conducted. Two proposals were received. Evaluations of these proposals were conducted by both the City Auditor's Office and the State Auditor's Office, independent of each other. Both offices concluded that the contract should be awarded to Deloitte & Touche LLP.
The audit agreement covers 5 years (2001-2005) with each year being subject to the authorizing appropriation of Council. This 2004 ordinance represents the fourth year of this five-year cycle. Annual costs of the audits are as follows:
Audit Period Audit Cost
2001 $ 390,000
2002 384,600
2003 395,550
2004 406,500
2005 417,450
The District, and other political subdivisions where applicable will reimburse the City for their proportionate share of the audit cost. The audit cost for the Columbus/Franklin County Affordable Housing Trust Corp (AHT...
Click here for full text