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Soddy-Daisy approves annual audit contract and single-audit cost totaling $46,780
Summary
The commission unanimously approved digital signature of the annual audit contract for $39,430 plus a federally required single-audit cost of $7,350, for a combined total of $46,780; City Manager Johnson said the expense is budgeted annually.
City Manager Johnson asked for approval to electronically sign the annual audit contract for $39,430 and to cover additional costs of a single audit required because of federal funds, estimated at $7,350, bringing the total to $46,780. Commissioner Everett moved to approve the contract and Commissioner Keith seconded; the motion passed unanimously.
Johnson confirmed the audit expense is budgeted each year. The minutes do not include the auditor's firm name or a copy of the contract; the board's action authorizes staff to complete the electronic signature and proceed with the audit engagement.
Next steps recorded in the minutes indicate standard contract execution; no further debate or objections were recorded.
