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Council approves $349,880 audit-services contract with Carr, Riggs & Ingram LLC through June 30, 2026
Summary
The Santa Fe City Council approved a professional services agreement with Carr, Riggs & Ingram LLC for external audit services totaling $349,880 through June 30, 2026; staff said auditors may begin control testing immediately to help meet reporting deadlines.
The Santa Fe City Council approved a professional services agreement on June 11 with Carr, Riggs & Ingram LLC to provide external audit services to the city for a total contract amount of $349,880 through June 30, 2026.
During questions from the dais, Councilor Michael Garcia asked whether the contract covered external audit work rather than internal support; Finance Director Oster confirmed the contract is for external auditors. Councilor Garcia also asked whether the auditors would begin work immediately to allow the city to meet year-end deadlines. Director Oster said auditors could start right away and that some control testing and IT review can be completed before the end of the fiscal year.
Council voted to approve the contract; the motion passed on a roll call with all present members voting yes.
Oster told the council the city hopes to have the audit completed and filed by the December deadline or sooner and that the early start would allow auditors to perform internal-control testing during the fiscal year.
