Explanation
This ordinance will authorize the City Auditor to enter into an agreement for professional auditing services with Plante & Moran for the calendar year 2016, of the City of Columbus and the Office of the Franklin County Municipal Court Clerk, and to authorize the expenditure of up to $391,287.00
The audit agreement covers 5 years (2012-2016) with each year being subject to the authorizing appropriation of Council. This 2016 ordinance represents the fifth year of this five-year cycle.
It should be noted that 15% of this contract will be subcontracted to a minority firm of certified public accountants. This has been a subcontracting requirement in the City's audit contract since 1985.
Plante & Moran Contract Compliance Number is 38-1357951 (expires 06/11/2017).
FISCAL IMPACT
Funds are currently budgeted in the City Auditor's department for this expenditure.
Title
To authorize the City Auditor to enter into an agreement along with the Auditor of the State of Ohio, and Plante & Moran, for professional auditing services for calendar year 2016 and to authorize the expenditure of up to $391,287.00 from the General Fund; and to declare an emergency. ($391,287.00)
Body
WHEREAS, all political subdivisions of Ohio are required to be audited by the Auditor of the State of Ohio or his designee; and
WHEREAS, the United States Office of Management and Budget through the Single Audit Act of 1996, as amended, has made it possible for all federal grants to be audited via one comprehensive audit; and
WHEREAS, the Auditor of the State of Ohio and the Columbus City Auditor have concurred that the most appropriate way to meet all such requirements is to engage an independent public accountant to conduct an independent audit of the City's 2016 accounting records and those of the Office of the Franklin County Municipal Court Clerk including federal and state grants; and
WHEREAS, it is important that the City not be delayed in issuing its Comprehensive...
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