Agenda Package - 02-07-11 - Laserfiche WebLink

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G19 ® EE COUNTY _,._ m w.�:�'.k.�'. �?��i'tt.� *r.�.5�::Rxta -K ;,t.:,' ar. • ._....._ Committed Today for a Better Tornorrow LEE COUNTY BOARD OF COMMISSIONERS ITEM ABSTRACT ITEM NO. II. G. _ Information Meeting Date: February 7, 2011 Action Item XX Consent Agenda SUBJECT Audit Contract with Martin Starnes & Associates DEPARTMENT Finance CONTACT PERSON Lisa G. Minter, Finance Director REQUEST Approve audit contract with Martin Starnes & Associates for the fiscal year ending June 30, 2011 ® SUMMARY The County is required to have an audit of its financial statements each year. On 2/1/2010, the Board approved a five year audit service extension contract with Martin Starnes & Associates, CPAs, P.A. Listed below is the pricing information for the remaining years from Martin Starnes & Associates' proposal. Fiscal year ended Martin Starnes & Associates 2011 $41,000 2012 $42,200 2013 $43,000 2014 $43,800 • Each year, the Local Government Commission (LGC) requires that a Contract to Audit Accounts be approved by the audit firm, the Board of Commissioners and the LGC before audit work can begin. Attached is a copy of the contract for the audit of our financial statements for the fiscal year ending June 30, 2011. 1 have reviewed the contract and verified that the pricing is in line with the proposal received previously. Please not the contract is available for review in the Clerk's office. BUDGET IMPACT The $41,000 fee will be included in the FY 2011 -2012 budget. ATTACHMENT(S) Engagement letter from Martin Starnes & Associates CPA's, P.A. PUBLIC HEARING No PRIOR BOARD ACTION On 2/1/2010, the Board approved a five year audit service extension contract with Martin Starnes & Associates, CPAs, P.A. RECOMMENDATION Approve the audit contract with Martin Starnes & Associates, CPA's P.A. as presented.