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Board approves Jones Simkins audit engagement, sets fee cap at $75,000
Summary
Sheridan County approved a Letter of Engagement with auditors Jones Simkins. The engagement sets an initial fee cap (adjusted in the meeting) at $75,000 to cover two potential single audits for the Airport and Library, with actual costs depending on audit scope and the Library's $1.7 million grant.
The board approved a Letter of Engagement with Jones Simkins to provide the county's annual audit services. Administrative Director Cameron Duff said the engagement originally reflected a $70,500 fee cap assuming two potential single audits (Airport and Library), and commissioners agreed during the meeting to adjust the cap to $75,000 to allow for additional work if needed.
Duff noted the final cost will depend on the audits' scope, particularly if the Library's $1.7 million grant produces significant expenditures requiring additional audit procedures. Commissioner Holly Jennings moved to approve and authorize the Chair to sign the engagement letter; the motion passed unanimously.
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