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File #: 1555-2006    Version: 1
Type: Ordinance Status: Passed
File created: 9/1/2006 In control: Administration Committee
On agenda: 9/18/2006 Final action: 9/20/2006
Title: To authorize and direct the City Auditor to enter into an agreement with Clark, Schaefer, Hackett & Co., Certified Public Accountants, for professional auditing services for calendar year 2006 and to authorize the expenditure of $308,750 from the General Fund and to declare an emergency. ($308,750)
Date Ver.Action ByActionResultAction DetailsMeeting Details
9/20/20061 MAYOR Signed  Action details Meeting details
9/20/20061 CITY CLERK Attest  Action details Meeting details
9/18/20061 Columbus City Council Approved  Action details Meeting details
9/18/20061 COUNCIL PRESIDENT Signed  Action details Meeting details
9/12/20061 City Clerk's Office Sent back for Clarification/Correction  Action details Meeting details
9/12/20061 Auditor Drafter Sent for Approval  Action details Meeting details
9/12/20061 CITY ATTORNEY Reviewed and Approved  Action details Meeting details
9/12/20061 Auditor Reviewer Sent to Clerk's Office for Council  Action details Meeting details
9/8/20061 Auditor Drafter Sent for Approval  Action details Meeting details
9/8/20061 CITY ATTORNEY Reviewed and Disapproved  Action details Meeting details
9/8/20061 Auditor Drafter Sent to Clerk's Office for Council  Action details Meeting details
9/7/20061 Auditor Drafter Sent for Approval  Action details Meeting details
9/7/20061 ODI DIRECTOR Reviewed and Approved  Action details Meeting details
9/5/20061 ODI DIRECTOR Reviewed and Disapproved  Action details Meeting details
9/1/20061 Auditor Drafter Sent for Approval  Action details Meeting details
9/1/20061 Auditor Reviewer Reviewed and Approved  Action details Meeting details
9/1/20061 CITY AUDITOR Reviewed and Approved  Action details Meeting details
9/1/20061 Auditor Drafter Sent for Approval  Action details Meeting details
Title
To authorize and direct the City Auditor to enter into an agreement with Clark, Schaefer, Hackett & Co., Certified Public Accountants, for professional auditing services for calendar year 2006 and to authorize the expenditure of $308,750 from the General Fund and to declare an emergency. ($308,750)


Explanation
This ordinance will authorize the City Auditor to enter into an agreement for professional auditing services for the calendar year 2006, of the City of Columbus and the Office of Franklin County Municipal Court Clerk, and to authorize the expenditure of $308,750.

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 Clark, Schaeffer, Hackett & Co., Certified Public Accountants.

The audit agreement covers 5 years (2006-2010) with each year being subject to the authorizing appropriation of Council. This 2006 ordinance represents the first year of this five-year cycle. Annual costs of the audits are as follows:

Audit Period Audit Cost

2006 $ 308,750
2007 308,750
2008 325,000
2009 338,000
2010 347,750

Bids were also received for auditing services for the 2006-2010 five year period for other political subdivisions. These other political subdivisions will, however, pay Clark, Schaefer, Hackett & Co. directly fo...

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