Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Audit Services topic
No spam. Unsubscribe anytime.
Bunker Hill Village council approves Crowe LLP engagement for FY2024 audit
Summary
Council approved Resolution No. 08-05-2024 authorizing an engagement letter with Crowe LLP to perform the FY2024 audit, with an estimated fee of $31,000; Single Audit fee structure and thresholds were discussed.
Council voted to approve an engagement letter with Crowe LLP to perform the city’s fiscal year 2024 audit, a contract described by staff as a continuation of services after Crowe acquired Belt Harris Pechacek, LLLP.
Staff said the estimated audit fee is $31,000, about a 5% increase from 2023, and reviewed a Single Audit fee schedule (base $4,120 plus $5,215 per major program). The city noted it expects one major program in 2024 and that a Single Audit would be required if total grant expenditures exceed $750,000.
A motion to approve Resolution No. 08-05-2024 was made by Councilmember Susan Schwartz and seconded by Councilmember Eric Thode; the motion carried 5-0.
