HomeMy WebLinkAboutIII (C) Approval and Authorization for Mayor and City Clerk to execute an Extension on Contract with McDirmit, Davis, Lauteria and Company, P.A. for Auditing Services to Fisical Year 1996-97Ocoee
OF 0000
TO:
FROM:
DATE:
AGENDA 8-20-96
Item III C
"CENTER OF GOOD LIVING - PRIDE OF WEST ORANGE" - •�� •�
S. SCOTT VANDERGRIFT
MEMORANDUM
The Honorable Mayor and Board of City Commissioners
Ellis Shapiro, City Manager //��
Wanda B. Horton, Finance Director�j�7#
August 14, 1996
RE: Auditing Services - McDirmitt, Davis, Lauteria and
Company, P.A.
The contract for auditing services between the City of Ocoee and
McDirmitt, Davis, Lauteria and Company originally terminated
September 9, 1993. Subsequently, the contract has been extended on
an annual basis.
As you are aware, the Finance department underwent a reorganization
in March of this year. City staff is still in the process of
renewing computer systems and software. The current financial
computer system has created more challenges than solutions, and
there will be a profound effect on the financial records. The firm
is familiar with the financial history of the city. They continue
to work with the Finance department in adopting/refining accounting
policies and procedures which comply with the Florida Statutes,
General Accepted Accounting Principles and Governmental Auditing
Standards. They also have extensive experience with municipal
finance and multiple computer systems and software utilized by
other municipal clients. They have worked extensively with several
of the financial packages being considered by the City. This
experience coupled with their familiarity of the City would be most
beneficial during this time of adjustment for the Finance
department and the upcoming computer conversion process.
Staff recommends an additional one year extension of the existing
contract for auditing services with the accounting firm of
McDirmitt, Davis, Lauteria and Company, P.A.-Certified Public
Accountants. There would be no increase in the hourly rates and
the fee of $29,800 will be the same as FY95. As with FY95, no
separate audit reports for the water and wastewater funds will be
prepared. Staff is in the process of preparing a request for
proposal for Auditing Services and anticipates a recommendation to
the City Commission during the first quarter of fiscal year 1997.
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COMMISSIONERS
CITY OF OCOEE
SRCSTCOTT ANDERSON SON
150 N. LAKESHORE DRIVE
SCOTT A. GLASS
OCOEE, FLORIDA 34761-2258
JIM GLEASON
(407) 656-2322
CITY MANAGER
ELLIS SHAPIRO
MEMORANDUM
The Honorable Mayor and Board of City Commissioners
Ellis Shapiro, City Manager //��
Wanda B. Horton, Finance Director�j�7#
August 14, 1996
RE: Auditing Services - McDirmitt, Davis, Lauteria and
Company, P.A.
The contract for auditing services between the City of Ocoee and
McDirmitt, Davis, Lauteria and Company originally terminated
September 9, 1993. Subsequently, the contract has been extended on
an annual basis.
As you are aware, the Finance department underwent a reorganization
in March of this year. City staff is still in the process of
renewing computer systems and software. The current financial
computer system has created more challenges than solutions, and
there will be a profound effect on the financial records. The firm
is familiar with the financial history of the city. They continue
to work with the Finance department in adopting/refining accounting
policies and procedures which comply with the Florida Statutes,
General Accepted Accounting Principles and Governmental Auditing
Standards. They also have extensive experience with municipal
finance and multiple computer systems and software utilized by
other municipal clients. They have worked extensively with several
of the financial packages being considered by the City. This
experience coupled with their familiarity of the City would be most
beneficial during this time of adjustment for the Finance
department and the upcoming computer conversion process.
Staff recommends an additional one year extension of the existing
contract for auditing services with the accounting firm of
McDirmitt, Davis, Lauteria and Company, P.A.-Certified Public
Accountants. There would be no increase in the hourly rates and
the fee of $29,800 will be the same as FY95. As with FY95, no
separate audit reports for the water and wastewater funds will be
prepared. Staff is in the process of preparing a request for
proposal for Auditing Services and anticipates a recommendation to
the City Commission during the first quarter of fiscal year 1997.
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0