Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance Audit topic
No spam. Unsubscribe anytime.
Council reviews audit agreements, re-files PMRS technical correction
Summary
Council discussed three audit- and pension-related items: a technical-correction Resolution 50 to PMRS 'rule of 80', an audit-prep contract with Meyer Dusall (not-to-exceed $25,500) and an engagement with Boyer & Ritter to perform the city's 2024 annual audit (proposed fee $137,500). Members asked about redundancy between pre-audit and independent audit roles and requested follow-up details.
Council took up a cluster of finance items including Resolution 50, which administration described as a technical correction to the city's adoption agreement with the Pennsylvania Municipal Retirement System (PMRS) related to the 'rule of 80.' Administration said the earlier resolution lacked a signed page and PMRS required the council to re-adopt the exact agreement; the substance was unchanged.
Vice President Jones then led Budget & Finance discussion of audit work: Brian McCutchen, accounting manager, explained Resolution 46 to authorize Meyer Dusall, PC, for audit preparation services (engagement letter attached; fee not to exceed $25,500) and described key prep tasks (refuse disposal receivables, OPEB, pension valuations, interfund accounts, workers' comp accruals). McCutchen said Meyer Dusall would fast‑track 2024 audit prep and that the firm is experienced with the city's accounts.
Council then reviewed Resolution 48 to negotiate an engagement with Boyer & Ritter LLC as the city's independent auditor for the 2024 audit; McCutchen described the work (annual financial report, single audit for federal expenditures, DCED reporting) and the proposed fee of $137,500. Council members asked why both firms were needed; administration explained Meyer Dusall provides audit preparation for administration while Boyer & Ritter is the council's independent auditor through the audit committee to preserve separation and independence. Members asked for reporting timelines and for audit partners to present findings to council once available.
With clarifications provided, President Hill moved to place the audit items on the next legislative agenda for formal votes.
