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HomeMy WebLinkAboutResolution No. R22-16RESOLUTION NO. R22-16 A RESOLUTION OF THE CITY COUNCIL AUTHORIZING THE MAYOR TO EXECUTE THE STANDARD AUDIT CONTRACT AMENDMENT BY AND BETWEEN THE CITY OF LAUREL AND OLNESS & ASSOCIATES, P.C. BE IT RESOLVED by the City Council of the City of Laurel, Montana, Section 1: Approval. The Standard Audit Contract Amendment, a copy attached hereto and incorporated herein, is hereby approved. Section 2: Execution. The Mayor is hereby given authority to execute the Standard Audit Contract Amendment on behalf of the City. Introduced at a regular meeting of the City Council on the 12`h day of April 2022, by Council Member Mize. PASSED and APPROVED by the City Council of the City of Laurel the 12'h day of April 2022. APPROVED by the Mayor the 12`h day of April 2022. rCIT,Y OF LAUREL Dave Waggoner, May ATTEST: A. ./1�_/ /? APPROVED AS TO FORM: Michele L. Braukmann, Civil City Attorney R22-16 Approve the Standard Audit Contract Amendment By and Between the City of Laurel and Olness & Associates, P.C. DEPARTMENT OF ADMINISTRATION STANDARD AUDIT CONTRACT AMENDMENT This contract amendment is made this7TH day of MARCH, 20L22, by and among OLNESS & ASSOCIATES. PC Certified Public Accountant ("Contractor"), CITY OF LAUREL Governmental Entity ("Entity"), Audit Period and Payment: This contract amendment covers the following audit period(s): JULY 1 20 20 to JUNE 30 20 21 Amendments: Paragraph 2.a. on page 1 of the standard audit contract is amended to read as follows: $ 16,000 For initial/sole audit covering 07 / 01 / 2019 to 06 / 30 / 2020 $ 19,750 For subsequent audit covering 07 / Ol / 2020 to 06. / 30 / 2021 $ 17,000 For subsequent audit covering 07 / Ol / 2021 to 06 / 30 / 2022 Sections 1, 2, and 7 of Appendix B on pages B1 and B2 are amended to read as follows: 1. Audit Periods and Dates of Engagement A. This audit will cover the fiscal year(s) ending B. Date to Commence audit work 06 30 2021 Month Day Year & Year MARCH 7, 2022 C. Date to submit final audit report to the Entity MARCH 31, 2022 2. Time and Price for Engagement A. Estimated total hours 230 FORM/SAC-AMENDOI Pagel oF2 7/18 B. Price for audit personnel Price for travel Price for report preparation Total price for this engagement 19.750 19,750 The audit scope with regard to federal financial assistance received by the Entity for the above fiscal year(s) will be as indicated below: ® The audit will be a single audit conducted in accordance with the provisions of Uniform Guidance because the Entity expended a total amount of federal awards equal to or in excess of $750,000 during the fiscal year(s), or such other dollar amount ($�1 that is effective for the fiscal year(s) being audited. ❑ The audit will not be a single audit conducted in accordance with the provisions of Uniform Guidance and will not include audit coverage of any federal financial assistance in accordance with requirements of that federal regulation, because the Entity expended a total amount of federal awards of less than $750,000 during the fiscal year(s), or such other dollar amount ($ ) that is effective for the fiscal year(s) being audited. IN WITNESS WHEREOF: Certified or Licensed Public Accountant Firm Name -31-+ By `4I � v✓ Date Z� Authorized Representative Governmental Entity 14)1119 0 Entity Nance Montana Department of Administration Local Government Services By Authorized Representative Date �Zkz- Date FORM/SAC-AMEND01 Page 2 of 2 7/18