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HomeMy WebLinkAboutAgenda Statement 1974 /07/09 Item 12 ' , . AGENDA ITEM N0. [ 12 ] CHULA VISTA CITY COUNCIL b4EETi?1G OF: July 9, 1974 ITEh4 TITLE: Resolution accepting letter of proposal from Carroll & Brantley . Associates for the audit of City recards for the fiscal years 1974-75, 1975-76 and 1976-77. INIiIATED rsY: Director of Finance ?�ACKGRGt1ND • The accounting firm of Carroll & Brantley CPA Associates has submitted a proposal for the annual audit of City records. Their fee wi11 be based on the customary per diem rates and barring the discovery of fraud, wi11 not exceed $4,400 for the yearending �une 30, 1975 and no more than 5% additionally each year unless new projects are imp1emented which will be negotiated separately. In the. event of irregularities, an immediate report wi11 be made to the City Council . :���'�'N�i���. �cJO?tl�:.LGII �X j u":i�.I?c`l'i!�° � y i,.�`��'t3�''I;l£.'12'�.; . j k�i':. � � �C: ��i;�Ti�.Ti I: L X� �'tJ. � 8l 2 P�]1a.PC1c11 Ji.e�@T'1?I1i.: Funds have been appropriated in the 1974-75 budget under the accou�t for . professional services. The normal budgetary process wi11 fund the 1975-76 and 1976-77 expenditures under.the above account. �'c:�:niss�.c+r.-Bour3 R�cc;n.me�da�it�n: - N/A j�n�a��.r.ent HFa3 Rpcomxnendati�,n: It is recommended that a contract with Carroll & Brantley, Associates be renewed for the fiscal years ending June 30, 1975, 76, 77. _ � �z��Yia,�a�.�r R�co,;t��r.d��i.c��: . Concur : ��� �a