Title
A Resolution ratifying a Multi-Year Letter Agreement and any other previously-executed documents with Crosslin, PLLC, for preparation of the Sheriff’s Settlement for the 2024 through 2029 Property Tax years, at a cost not to exceed $9,500 (FY2025), subject to the appropriation of sufficient funds in future fiscal years, and authorizing the Mayor or the Commissioner of Finance, on behalf of the Urban County Government, to execute any necessary documents related thereto; and amending Resolution No. 316-2024 to authorize Crosslin, PLLC to conduct a financial audit for Fiscal Years 2024 through 2029, subject to the appropriation of sufficient funds in future fiscal years. [Dept. of Finance, Hensley]
Summary
Authorization to approve Crosslin, PLLC to conduct the Sheriff’s Compilation for preparation of the Sheriff’s Settlement of the 2024 Property Tax year, at a cost not to exceed $9,500.00. This is the second year of a multi-year engagement with Crosslin, PLLC, Contract 206-2024. Funds are Budgeted. (L0386-25)(Hensley)
Budgetary Implications: Yes
Advance Document Review:
Law: Yes
Risk Management: N/A
Fully Budgeted: Yes, included in the FY25 Budget
Account Number: 1101-202101-2011-71201 ($4,750.00)
1115-202101-2011-71201 ($4,750.00)
This Fiscal Year Impact: $9,500.00
Annual Impact: $9,750.00 (FY26)
Project:
Activity:
Budget Reference:
Current Balance:
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That a multi-year Letter Agreement, which is attached and incorporated herein by reference, and any other previously-executed documents, with Crosslin, PLLC, for preparation of the Sheriff’s Settlement for the 2024 through 2029 Property Tax Years, be and hereby are ratified; and that 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 any necessary documents with Crosslin, PLLC for the Sheriff’s Settlement for the 2024 through 2029 Property Tax Years.
Section 2 - That an amount, not to exceed the sum of $9,500.00 (FY2025), be and hereby is approved for payment to Crosslin, PLLC, from account # 1101-202101-2011-71201 ($4,750.00) and account # 1115-202101-2011-71201 ($4,750.00), pursuant to the terms of the Agreement and subject to the appropriation of sufficient funds in future fiscal years.
Section 3 - That Resolution No. 316-2024 be and hereby is amended to read as follows:
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 Years 2024 through 2029 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 audits.
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 the appropriation of sufficient funds in future fiscal years.
Section 4 - That this Resolution shall become effective on the date of its passage.
PASSED URBAN COUNTY COUNCIL:
___________________________________
MAYOR
ATTEST:
________________________________
CLERK OF URBAN COUNTY COUNCIL
386-25:EPT:4928-7755-6288, v. 1