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•' ABDO <br /> �� EICK & <br /> 0V �� R MM S1.1J <br /> (erti(ied Public ,4m)wI tnt., d Gi nsultiutt, July 31, 2013 <br /> 5201 l'A"11 N%vuur <br /> Suite 230 <br /> Edina, 1t1 5:v134 <br /> Management, Honorable Mayor, and City Council <br /> City of Centerville <br /> Centerville, Minnesota <br /> We appreciate the opportunity to work with you and the staff at the City of Centerville (the City) over the past years to conduct <br /> your annual financial audits. This has been a successful working relationship because we have spent a great deal of time <br /> understanding how your City operates and you have a good understanding of how we complete our audit. As a result, we have <br /> been able to achieve a process that is mutually beneficial and efficient to both parties. <br /> We also understand that because of the very challenging economic conditions, cities are expected to do more with less. As a <br /> result, we are prepared to waive our normal annual increase for the next year, and offer the City of Centerville a three year <br /> extension of our services, with increases of three percent in 2014 and 2015. This will allow us to continue a relationship that has <br /> provided both parties with outstanding results. <br /> Our fee for these services will be as follows: <br /> Audit <br /> 2013 $26,000 <br /> 2014 26,750 <br /> 2015 27,500 <br /> The above fees are based on anticipated cooperation from your personnel and the assumption that unexpected circumstances will <br /> not be encountered during the audit. If significant additional time is necessary, we will discuss it with you and arrive at a new fee <br /> estimate before we incur the additional costs. Other factors that may affect the above fees would be if a Single Audit were <br /> required. <br /> 952.835')090 • Fax 952.835.3201 <br /> W W%%.af nlCpa'.Cnin <br /> 18 <br />