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Council considers audit proposals and moves to accept Williams Keepers for 2025–2028; single-audit implications noted
Summary
City staff recommended Williams Keepers for a four-year independent-audit engagement (fiscal years 2025–2028) based on approach, GASB training, and continuity; staff said the city is likely to be in the federal single-audit threshold for several years due to roughly $7.5 million in ARPA grants.
City staff presented results of a request for proposals for independent audit services and the council agreed to a motion to accept Williams Keepers for auditing services covering fiscal years 2025 through 2028.
Vicki Dinke, the city's finance director, summarized the RFP process: the request was sent to eight firms, three responses were received (Williams Keepers of Columbia; Hood & Associates with audit management out of its Kansas City branch; and Sikich of St. Louis). Dinke said the responses were reviewed for governmental auditing experience, approach, staffing and pricing, and staff recommended Williams Keepers based on audit approach, scope of services, GASB training offered to city staff, on-site field work and continuity benefits. "It is the opinion of city staff Williams Keepers has a competitive edge with their proposal," Dinke said.
Council members asked about single-audit fees and the single-audit requirement. Dinke explained that single audits are required when a jurisdiction expends more than $750,000 in federal grant funds and that, because of ARPA funding totals, the city will likely be subject to single-audit requirements for the next two to three years. "With all of the ARPA grants, of which you just passed all the easements, those being $7,500,000 roughly, we're gonna be in the single audit bucket for a while," Dinke said. She added that auditors perform additional testing on use of federal grant funds and those results are submitted with the annual financial report.
A councilmember moved to accept the Williams Keepers proposal. The transcript records the motion but does not include a recorded roll-call vote on that motion in the provided excerpt.
