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HomeMy WebLinkAbout2023-07-10 J01F_01 Audit Services Agreement RenewalAGENDA ITEM: CITY OF WAUKEE, IOWA CITY COUNCIL MEETING COMMUNICATION MEETING DATE: July 10, 2023 AGENDA ITEM:Consideration of approval of a resolution renewing agreement with Denman & Company, LLP, for audit services for the fiscal years ending June 30, 2022, 2023 and 2024 FORMAT:Consent Agenda SYNOPSIS INCLUDING PRO & CON: In 2019, the Waukee City Council approved an agreement with Denman & Company, LLP, for FY2019, 2020 and 2021 audit services. The agreement included a provision that allowed it to be renewed annually for a maximum of an additional three years. Denman & Company has already provided audit services for FY2022; City staff would like to renew the agreement for the FY2023 and 2024. FISCAL IMPACT INCLUDING COST/BENEFIT ANALYSIS: Not to exceed $28,500, $29,200 and $29,900 respectively per year for auditing services, plus $3,900, $4,000 and $4,100 respectively per year, if needed, for an A133 filing. COMMISSION/BOARD/COMMITTEE COMMENT: STAFF REVIEW AND COMMENT: RECOMMENDATION: Approve the resolution. ATTACHMENTS: I. Proposed Resolution PREPARED BY:Becky Schuett REVIEWED BY: PUBLIC NOTICE INFORMATION – NAME OF PUBLICATION: DATE OF PUBLICATION: J1F1 THE CITY OF WAUKEE, IOWA RESOLUTION 2023- RENEWING AGREEMENT WITH DENMAN & COMPANY, LLP FOR AUDITING SERVICES FOR YEARS ENDING JUNE 30, 2022, 2023 AND 2024 IN THE NAME AND BY THE AUTHORITY OF THE CITY OF WAUKEE, IOWA WHEREAS, the City of Waukee, Iowa is a duly organized municipality within Dallas County; AND, WHEREAS, on May 6, 2019, the Waukee City Council approved an Agreement with Denman and Company, L.L.P. to provide auditing services for the City of Waukee during the fiscal years 2019, 2020 and 2021 (Resolution #19-158); AND, WHEREAS, according to the terms of the Agreement, the agreement may be subject to renewal annually for a maximum of an additional three years, or June 30, 2024; AND, WHEREAS, Denman and Company, L.L.P. have been thorough, efficient and constructive in their opinions and recommendations for the City of Waukee; AND, WHEREAS, Denman and Company, L.L.P. is providing a valuable service at a fair and reasonable rate not to exceed $28,500, $29,200 and $29,900 respectively per year for auditing services, plus $3,900, $4,000 and $4,100 respectively per year, if needed, for an A133 filing; AND, WHEREAS, other routine consulting services as required by the City of Waukee during the fiscal years will be provided by Denman and Company, without additional fees; AND, WHEREAS, other non-routine consulting services as required by the City of Waukee during the fiscal years will be provide at Denman and Company’s standard hourly rate. NOW THEREFORE BE IT RESOLVED by the City of Waukee City Council in session this 10th day of July, 2023, that it hereby approves renewal of the Agreement with Denman & Company, L.L.P. for auditing services to be provided to the City of Waukee for years ending June 30, 2022, 2023 and 2024. ____________________________ Courtney Clarke, Mayor Attest: ___________________________________ Rebecca D. Schuett, City Clerk RESULTS OF VOTE: AYE NAY ABSENT ABSTAIN Anna Bergman Pierce R. Charles Bottenberg Chris Crone Larry R. Lyon Ben Sinclair