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Votes at a glance: FAED committee recommends audit contract, investment policy updates, budget amendment and retirement contract negotiations
Summary
The committee recommended city council approval for the 2025 audit engagement with RubinBrown LLP, approved an updated investment policy, recommended a transient guest tax budget amendment and directed staff to negotiate retirement plan investment management agreements with IntelliSense; all committee votes were unanimous.
At the October meeting of the Financial Administration and Economic Development Committee, members unanimously recommended or approved several items for the city council’s consideration or further action. The committee recorded the following formal actions.
1) 2025 audit engagement: The committee moved to recommend city council approval of the 2025 audit engagement letter with RubinBrown LLP for the city’s financial statements and a separate 2025 audit engagement letter with RubinBrown LLP for the Overland Park Convention Center’s financial…
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