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Council approves Cantor & Associates for GAAP conversion, extends contract to five years
Summary
The Cortland City Council approved an ordinance authorizing the finance director to retain Cantor & Associates to perform the city's GAAP conversion year‑end financial report and amended the term to a five‑year agreement at $11,000 per year.
The Cortland City Council on Monday approved Ordinance O-01-25 authorizing the finance director to retain Cantor & Associates to perform the city's GAAP conversion year‑end financial reporting and related services. Councilors also amended the proposed contract term at the meeting, changing the recommended three‑year, $12,000‑per‑year option to a five‑year agreement capped at $11,000 per year.
Finance Director Patty said…
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