Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Finance.audit topic
No spam. Unsubscribe anytime.
Council asks auditor to verify capital-project funds dating back to 2022, remands engagement letter
Summary
Council asked staff to request that the proposed audit engagement include verification of capital improvement project funds from 2022 through the present; the audit engagement item (7F) was remanded to staff for scope clarification and cost estimates.
A council member asked that the audit engagement letter scheduled as consent-item 7F include a verification of capital-improvement project funds dating from 2022 to the present. The member said the check was intended as a verification in response to questions about capital-project balances.
Staff said they would ask the auditor what that expanded scope would cost and whether the auditor typically performs that work. Council moved to remand item 7F to staff so the auditor could review scope and potential cost implications; the motion carried. Staff said they will return to council with the auditor's response and any changes incorporated before formal acceptance of the engagement agreement.
