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Maricopa to retain Bryant L. Jolley, CPA for three years; fee caps disclosed
Summary
The council packet includes a letter of engagement from Bryant L. Jolley, CPA to audit FY2024‑25 through FY2026‑27 with a not‑to‑exceed gross fee of $20,000, $21,000, and $22,000 respectively; staff sought authorization for the mayor and clerk to execute the engagement.
The council packet includes a proposed three‑year auditor engagement with Bryant L. Jolley, CPA. The engagement letter (dated May 8, 2025) sets audit scope (governmental and business‑type activities, major funds, supplementary information including single‑audit procedures if needed), identifies the engagement partner, and lists fee caps. The letter states the firm's gross fee, including expenses, will not exceed $20,000 for FY2024‑25, $21,000 for FY2025‑26 and $22,000 for FY2026‑27. Additional fees are identified for State Controller reports ($3,000 audited; $4,500 if prepared from unaudited numbers), and a Single Audit would add $5,500 per major program.
Staff recommended Council approve the engagement and authorize the mayor and city clerk to sign the letter of engagement on behalf of the city. The packet includes the firm's audit scope, responsibilities, and an anticipated start in September 2025 with a report issuance target in October 2025.
