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Board approves external audit contract with Martin Starnes; contract caps at $147,500
Summary
The Iredell County Board approved an audit contract with Martin Starnes and Associates for fiscal year ending June 30, 2026, with a base fee of $107,000 and a contract ceiling of $147,500 accounting for additional major program testing.
The Iredell County Board of Commissioners approved an external audit contract with Martin Starnes and Associates CPA PA for the fiscal year ending June 30, 2026.
Caroline Taylor of the Finance Department told the board the base cost of the audit is $107,000. The contract allows additional testing for each major program at $4,500 per program; while staff do not expect to test the maximum number, the contract includes a not-to-exceed total of $147,500 assuming testing of up to 11 programs. Taylor said the county periodically issues an RFP to confirm firm selection but did not conduct an RFP this year and recommended continuing with Martin Starnes.
Commissioners asked no substantive questions and approved the contract by voice consent. Taylor noted the additional per-program testing fee is required when major federal or state programs must be tested as part of the audit, and that the listed maximum is a planning figure rather than expected expenditure.
The contract was approved by the board; the transcript records adoption by consent rather than a recorded roll-call vote.
