Title
A Resolution authorizing Crosslin, PLLC, to conduct a financial audit of all Lexington-Fayette Urban County Government funds for Fiscal Year 2024 for an amount not to exceed $187,250 (FY2025), and authorizing and directing the Mayor or the Commissioner of Finance, on behalf of the Urban County Government, to execute a Letter Agreement and any other necessary documents with Crosslin, PLLC related to the audit. [Div. of Procurement, Slatin]
Summary
Authorization to engage Crosslin, PLLC, to conduct a financial audit of all Lexington-Fayette Urban County Government funds for FY 2024 for an amount not to exceed $187,250 (FY2025), and to execute a Letter Agreement and any other necessary documents with Crosslin, PLLC related to the audit. Funds are included in the FY 2025 Mayor’s Proposed Budget. (L0581-24) (Slatin/Hensley)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes
Risk Management: N/A
Fully Budgeted: Yes, included in FY2025 Mayor’s Proposed Budget
Account Number: 1101-202101-2011-71202 $101,000.00
1115-202101-2011-71202 $19,000.00
4002-202101-2011-71202 $38,000.00
4121-202101-2011-71202 $13,000.00
4022-202101-2011-71202 $1,000.00
4051-202101-2011-71202 $6,000.00
1101-202101-2011-71201 $4,750.00
1115-202101-2011-71201 $4,500.00
This Fiscal Year Impact: $0
Annual Impact: $187,250 (FY2025)
Project:
Activity:
Budget Reference:
Current Balance: included in FY2025 Mayor’s Proposed Budget
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That Crosslin, PLLC, be and hereby is authorized to conduct a financial audit of all Lexington-Fayette Urban County Government Funds for Fiscal Year 2024 for an amount not to exceed $187,250.00 (FY2024), and the Mayor or the Commissioner of Finance, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized and directed to execute the Letter Agreement, which is attached hereto and incorporated herein by reference, and any other necessary documents with Crosslin, PLLC related to the audit.
Section 2 - That an amount, not to exceed the sum of $187,250.00 (FY2025) be and hereby is approved for payment to Crosslin, PLLC from accounts # 1101-202101-2011-71202 ($101,000.00); # 1115-202101-2011-71202 ($19,000.00); # 4002-202101-2011-71202 ($38,000.00); # 4121-202101-2011-71202 ($13,000.00); # 4022-202101-2011-71202 ($1,000.00); # 4051-202101-2011-71202 ($6,000.00); # 1101-202101-2011-71201 ($4,750.00); and # 1115-202101-2011-71201 ($4,500.00), pursuant to the terms of the Agreement and subject to these funds being included in the FY2025 Budget as adopted by the Urban County Council.
Section 3 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
__________________________________
MAYOR
ATTEST:
________________________________
CLERK OF URBAN COUNTY COUNCIL
0581-24:EPT_4891-3378-1445, v. 1