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Cameron EDC approves FY2023–24 audit engagement not to exceed $6,000

Cameron Economic Development Corporation · September 20, 2024
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Summary

The board approved an audit engagement letter for FY2023–24 with a not-to-exceed amount of $6,000 after learning the City had received no alternative audit proposals; the motion passed 7–0.

Mayor Nathan Fuchs told the board that, despite efforts by staff, the City did not receive additional audit proposals. The audit engagement letter was presented with a not-to-exceed fee of $6,000. Nilesh Bhakta moved to approve the engagement letter; Sara Kostroun seconded and the motion carried 7–0.

Board members did not record further discussion on scope or firm selection in the minutes. The board approved the engagement to allow the FY2023–24 audit to proceed.