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Council approves finance consulting agreement and a $70,000 PO cleanup
Summary
Council authorized a professional services agreement not to exceed $50,000 with Gradient Solutions for as-needed finance support and approved a $70,000 increase to a Whitney Penn purchase order to correct fiscal-year accounting entries noted during the audit. Staff said the PO increase is an internal cleanup and should not affect FY26 balances materially.
The council approved two finance-related items: a resolution to authorize up to $50,000 for professional services from Gradient Solutions to provide as-needed accounting and financing support, and a separate resolution to increase a Whitney Penn purchase order by $70,000 to correct accounting entries from prior fiscal years.
"This is general support ranging from accounting entries to fund reconciliations to cash reconciliations," Ben explained of the consulting agreement and said the group is comprised of former municipal CFOs who can assist with audits, procedures and training. Ben said he did not expect the contract to reach the $50,000 cap during the year.
On the purchase order increase, Ben described the action as an accounting cleanup stemming from FY24 audit activity that rolled into FY25; the funding, he said, had already been expended but had hit the wrong PO and now requires correction. He told council the reclassification should have minimal effect on FY26. Both items passed unanimously.
