Title
A Resolution authorizing Dean Dorton Allen Ford, PLLC to conduct a financial audit of all Lexington-Fayette Urban County Government Funds for Fiscal Year 2012 for an amount not to exceed $124,000, and authorizing the Mayor, on behalf of the Urban County Government, to execute any necessary agreement or documents with Dean Dorton Allen Ford, PLLC related to the audit. [Dept. of Finance, Driskell]
Summary
Authorization to engage Dean Dorton Allen Ford, PLLC to conduct a financial audit of all LFUCG funds for fiscal year 2012. (L619-12) (Driskell)
This is a request to engage Dean Dorton Allen Ford, PLLC to conduct a financial audit of all LFUCG funds for fiscal year 2012 for an amount not to exceed $124,000. Funds are budgeted.
The objectives of the audit are the expression of opinions as to whether LFUCG financial documents are fairly presented, in all material respects, in conformity with U.S. Generally Accepted Accounting Principles (GAAP), and to report the fairness of the additional information provided by management. Upon completion the audit will be presented to Council.
Budgetary Implications: Yes
Advance Document Review: Law
Fully Budgeted: Yes
Account Number: 1101-202101-2011-71202 $49,099.00
1115-202101-2011-71202 $ 9,891.00
1181-202101-2011-71202 $ 1,360.00
4002-202101-2011-71202 $37,580.00
4121-202101-2011-71202 $ 4,880.00
4022-202101-2011-71202 $ 17,660.00
4161-202101-2011-71202 $ 3,530.00
This Fiscal Year Impact: FY12- $124,000.00
Annual Impact: $
Project:
Activity:
Budget Reference:
Current Balance: FY 2013 Mayor's Proposed and Late Items provide sufficient funds
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That Dean Dorton Allen Ford, PLLC be and hereby is authorized to conduct a financial audit of all Lexington-Fayette Urban County Government Funds for Fiscal Year 2012 for an amount not to exceed $124,000.00, and the Mayor, on behalf of the Lexington-Fayette Urban County Government, be and hereby is authorized to execute any necessary agreement or documents with Dean Dorton Allen Ford, PLLC related to the audit.
Section 2 - That an amount, not to exceed the sum of $124,000.00, be and hereby is approved for payment to Dean Dorton Allen Ford, PLLC from account #1101-202101-71202 ($49,099.00), account #1115-202101-71202 ($9,891.00), account #1181-202101-71202 ($1,360.00), account #4002-202101-71202 ($37,580.00), account #4121-202101-71202 ($4,880.00), account #4022-202101-71202 ($17,660.00), and account #4161-202101-71202 ($3,530.00).
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
DJB::X:\FINANCE\12-LE0001\LEG\00349697.DOC