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SCHEDULE OF PROFESSIONAL FEES AND EXPENSES <br />FOR THE AUDIT OF THE DECEMBER 31, 2010 FINANCIAL STATEMENTS <br />By <br />Malloy, Montague, Karnowski, Radosevich & Co., P.A. <br />Standard Quoted <br />Hourly Hourly <br />Hours Rates Total Total <br />Basic Audit <br />Principals 40 $ 215 $ 210 $ 8,400 <br />Managers 65 120 105 63825 <br />In- Charge Accountants 110 100 95 1 07454 <br />Staff Accountants 145 95 90 95450 <br />Other — Clerical 15 45 45 675 <br />Subtotal 335 35,804 <br />Reimbursable expenses (photocopies, mileage, etc.) 325 <br />Total all - inclusive maximum price for 2010 audit $ 363,125 <br />If it should become necessary for the City of Roseville (the City) to request the auditor to render any <br />additional services to either supplement the services requested in this proposal or to perform additional <br />work as a result of the specific recommendations included in any report issued on this engagement, then <br />such additional work shall be performed only if set forth in an addendum to the contract between the City <br />and the firm. Any such additional work agreed to between the City and the firm shall be performed at the <br />same rates set forth in the Schedule of Fees and Expenses included in the dollar cost bid proposal. <br />