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Board approves engagement letter with McMullen McPhee, accepts fee increase
Summary
The Elko County TV District board approved a renewed engagement with McMullen McPhee that includes an 8% increase now and a 5% annual increase starting in fiscal year 2026, citing continuity of support for district operations.
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The Elko County TV District board on May 8 approved an engagement letter with McMullen McPhee that the district said includes an immediate 8% fee increase and a recurring 5% annual increase beginning in fiscal year 2026. A motion to approve the engagement letter passed by voice vote.
Marissa, the district treasurer, told the board the firm’s continuity of support was a key factor. "I think Marissa and her firm are well worth the money we're paying," a board member said during the discussion. Another member asked whether the fee terms were negotiable; the chair said the board could seek alternatives if it chose not to accept the terms.
The vote was taken after members reviewed the proposed terms. The board did not record a roll-call tally in the transcript beyond several members saying "aye," and the chair declared the motion carried. The engagement will begin under the next fiscal year schedule and was placed on the record for implementation in budget planning.
