City of Ledyard CT header
File #: 24-0284    Version: 1 Name:
Type: Appointment Status: Passed
File created: 3/26/2024 In control: Town Council
On agenda: 4/10/2024 Final action: 4/10/2024
Title: MOTION to appoint CliftonLarsonAllen LLP to conduct auditing services for the General Government, WPCA, and Schools for the fiscal year ending June 30, 2024, in accordance with Chapter III, Section 11 of the Town Charter for a fee not to exceed $71,900.
Attachments: 1. Appointment
APPOINTMENT

Motion/Request:
title
MOTION to appoint CliftonLarsonAllen LLP to conduct auditing services for the General Government, WPCA, and Schools for the fiscal year ending June 30, 2024, in accordance with Chapter III, Section 11 of the Town Charter for a fee not to exceed $71,900.

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Background:
In accordance with Chapter III, Section 11 of the Town Charter: "The Town Council shall annually designate an independent public accountant or firm of independent public accountants to audit the books and accounts of the Town in accordance with the provisions of the General Statutes".
In accordance CGS 7-396 and 4-232 the Office of Management and Policy (OPM) must be notified of the Municipalities Appointed Auditor 30 days (May 31st) before ethe end of the Fiscal Year.

Per the attached results of RFP #2022-09 (Auditing Services), CliftonLarsonAllen LLP was the sole bidder. The bid is for auditing services for FY 2022 and FY 2023 with two one-year options subject to satisfactory negotiation of terms.

With the Annual Audit for June 30, 2024 the town will be exercising the first one-year option.

$71,900 Breakdown:

General Government: $30,130
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Board of Education: $15,930
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WPCA: $9,700
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State Single Audit: $8,070
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Federal Singe Audit: $8,070
TOTAL: $71,900



Finance Director's Notes:
This represents a 5% increase over the prior year audit fee.


Mayor Comments/Recommendation:
I support this action. We have one option year remaining before going out to bid again. It is noted, last RFP we had one bidder.
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Meeting Action Detail:
Town Council Meeting 05/24/2023:

File #: 23-1624 Version: 1
Type: Financial Business Request (FBR)
Title: MOTION to appoint CliftonLarsonAllen LLP to conduct auditing services for the General Government, WPCA, and Schools for the fiscal year ending June 30, 2023, in accordance with Chapter III, Section 11 of the Town Charter
Moved: Saums Seconded: Ingalls
Action: Approved and so declared
Minute Note:
Moved b...

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