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Council awards one-year FY20 audit contract to Thompson, Price, Scott, Adams & Co., P.A.
Summary
Council approved a one-year audit contract for FY20 with Thompson, Price, Scott, Adams & Co., P.A. at a fee of $50,250 and an anticipated completion date of Oct. 31.
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City Manager Edward T. Blackmon told council the FY20 audit contract with Thompson, Price, Scott, Adams & Co., P.A. is for one year; the auditors agreed to attempt completion by Oct. 31 and the fee is $50,250, consistent with the FY19 charge. Finance Director Joseph (Joey) Fuqua said state requirements will necessitate a third party engagement letter.
Council approved Resolution 20-38 to award the FY20 audit contract. The minutes record a unanimous voice vote approving the contract.
