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CCP 11-09-1998
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CCP 11-09-1998
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<br /> ... <br /> . CITY OF ARDEN HILLS <br /> MEMORANDUM <br /> DATE: November 6, 1998 <br /> TO: Brian Fritsinger, City Administrator <br /> FROM: Terrance Post, City Accountan@ <br /> SUBJECT: 1998 Audit Enjl:agement Letter <br /> Back~ronnrl <br /> The firm of Abdo, Abdo, Eick & Meyers (AAE & M) has submitted a proposal to perform audit <br /> services for the year ended December 31, 1998 for a fee not to exceed $8,200. This proposed fee <br /> represents a $205, or 2.6%, increase over the 1997 audit engagement fee of$7,995. Over the <br /> course of the last six years, staff has just about maximized the amount of client-prepared audit <br /> schedules it prepares for the auditors. Therefore, the audit scope performed by AAE & M is <br /> relatively fixed, and audit fees should just be subject to inflationary increases in the future. <br /> _ Recommendation <br /> Staffrecommends that Council authorize staff to execute the audit engagement letter with Abdo, <br /> Abdo, Eick & Meyers for the audit of general purpose financial statements of the City of Arden <br /> Hills of and for the year ended December 31, 1998 under the Consent Calendar at the November <br /> 9, 1998 regular Council meeting. <br /> Enclosure <br /> , <br /> . <br />
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