From
Becky L. Brooks, Asst CFO
Title
External Audit Update
Presenter
Diana Ortiz, CFO
Jennifer Ripka, Weaver
Recommended Action
Approve
Analysis
In August 2017, Council authorized city management to enter into annual renewal agreements with external audit firm Weaver through FY2021. For the FYE September 2018, Weaver has performed interim field work duirng the weeks of September 24 to October 5. This agenda item provides the Finance and Government Committee the opportunity to receive any updates regarding the upcoming year-end audit process, including target delivery of reports, new GASB pronouncements being implemented or other matters relevant to the audit.
Financial Consideration
The professional audit fees were approved for various funds during the FY2018-19 budget adoption process.