Item Coversheet

City of Marquette, MI
300 West Baraga Avenue
Marquette, MI 49855


Agenda Date: 9/9/2024

New Business
Audit Contract for Fiscal Years 2024 through 2026

BACKGROUND: 
The contract for the City's required annual audit is due for renewal.  With Anderson, Tackman & Company, PLC being the only local CPA firm able to conduct the City's audit and because this is a professional service that does not require a formal Request for Proposal, City staff have negotiated terms for a three-year contract.  The City's Chief Financial Officer and Senior Staff Accountant have concluded the negotiated costs to be appropriate and in line with previous years.

FISCAL EFFECT: 
The contract amounts of $62,850 for FY 2024; $66,685 for FY 2025; and $70,700 for FY 2026 will be included in the respective budgets.

RECOMMENDATION: 
Approve a three-year contract for annual audit services with Anderson, Tackman & Company, PLC in the amounts of $62,850 for FY 2024; $66,685 for FY 2025; and $70,700 for FY 2026; and authorize the Chief Financial Officer to sign the contract.

ALTERNATIVES: 
As determined by the Commission.

ATTACHMENTS:
Description
Audit Contract for FY2024 thru FY2026