| | | | | | | | City of Georgetown, Texas
City Council Regular Meeting
September 14, 2021 |
| | | | | | | | SUBJECT:
Forwarded from General Government & Finance Advisory Board (GGAF):
Consideration and possible action to approve a one year renewal with Weaver and Tidwell LLP to conduct the external independent audit of the City of Georgetown’s annual financial statements -- Elaine Wilson, Assistant Finance Director |
| | | | | | | | ITEM SUMMARY:
The City of Georgetown and Weaver and Tidwell LLP would like to renew the external audit contract for an additional year. The contract calls for an initial term of three (3) years with an option to renew for two (2) additional one (1) year terms. This is the first of the two authorized renewal terms allowed by the contract. Weaver and Tidwell LLP’s audit fees for this term are the same as those from last year, $72,000. |
| | | | | | | | FINANCIAL IMPACT:
The annual audit and Annual Financial Report expense is not to exceed $72,000 and is included in the Accounting Department budget for FY2022 |
| | | | | | | | SUBMITTED BY:
Sharon Parker |
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