Explanation
This legislation will authorize the City Auditor to enter into contract for professional auditing services for the audits of 10 of the City's subgrantees having a total of 22 contracts, totaling more than $2 million. The subgrantee contracts are funded from various federal, state, and city revenues. Audit costs for these 22 contracts will be $14,560.00.
On April 4, 2008, after publicly advertising for such, three proposals were received. After review of said proposals, the firm of Premier Accounting Solutions, Inc., Certified Public Accountants was chosen to perform the aforementioned audits. The EEO number for said vendor is 030398447 (expiration date 7/22/08).
This ordinance will also authorize the City Auditor to continue to pay the City's proportionate share of audit costs for those subgrantees who engage their own audit firm. While costs are not known until the audits are completed, it is anticipated that the City's share of audit costs will not exceed $2,000.00. This cooperation avoids duplicative audits of these approximate two (2) additional agencies.
FISCAL IMPACT:
Funds for these audits are presently budgeted in the City Auditor's operating budget. General Fund 010. I ask for and recommend the passage of this ordinance.
Title
To authorize and direct the City Auditor to contract for professional auditing services, and to authorize the expenditure of $14,560; to authorize the payment of the City's proportionate share of audit costs of certain of the City's subgrantee agencies ($2,000.00) from the general fund, and to declare an emergency. ($16,560.00)
Body
Whereas, the City of Columbus performs numerous social services via third party contractors, and
Whereas, these services are funded by federal, state and city funds, and at times a combination thereof, and
Whereas, for the period ending June 30, 2008, there are 10 agencies administering 22 City contracts totaling in excess of $2 million, and
Wherea...
Click here for full text