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File #: 0319-22    Version: 1 Name: Strothman & Company Financial Audit FY22
Type: Resolution Status: Approved
File created: 3/31/2022 In control: Urban County Council
On agenda: 5/5/2022 Final action: 5/5/2022
Enactment date: 5/5/2022 Enactment #: R-224-2022
Title: A Resolution authorizing Strothman and Co., Certified Public Accountants and Advisors, to conduct a financial audit of all Lexington-Fayette Urban County Government funds for fiscal year 2022 for an amount not to exceed $165,000 (FY 2023), 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 Strothman and Co. related to the audit. [Dept. of Finance, Hensley]
Attachments: 1. Memo FY22 Financial Audit Agreement, 2. LFUCG FY22 Engagement Letter, 3. 00754869.pdf, 4. R-224-2022, 5. Contract #096-2022
Title
A Resolution authorizing Strothman and Co., Certified Public Accountants and Advisors, to conduct a financial audit of all Lexington-Fayette Urban County Government funds for fiscal year 2022 for an amount not to exceed $165,000 (FY 2023), 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 Strothman and Co. related to the audit. [Dept. of Finance, Hensley]

Summary
Authorization to enter into an Agreement with Strothman and Company, Certified Public Accountants and Advisors, to conduct a financial audit of all Lexington-Fayette Urban County Government funds for fiscal year 2022 for an amount not to exceed $165,000, and to execute a Letter Agreement and any other necessary documents with Strothman and Company related to the audit. Funds are included in the FY2023 MPB. (L0319-22) (Hensley)
Budgetary Implications: Yes, FY2023
Advance Document Review:
Law: Yes, Completed by [Attorney Name, Date]}
Risk Management: N/A
Fully Budgeted: Yes, included in FY2023 Mayor's Proposed Budget (MPB)
Account Number: 1101-202101-2011-71202 ($94,872.17)
1115-202101-2011-71202 ($16,651.06)
1181-202101-2011-71202 ($403.53)
4002-202101-2011-71202 ($34,469.62)
4121-202101-2011-71202 ($12,917.11)
4022-202101-2011-71202 ($827.28)
4051-202101-2011-71202 ($4,859.23)
This Fiscal Year Impact: $0
Annual Impact: $165,000.00 (FY2023)
Project:
Activity:
Budget Reference:
Current Balance:
Body
BE IT RESOLVED BY THE COUNCIL OF THE LEXINGTON-FAYETTE URBAN COUNTY GOVERNMENT:
Section 1 - That Strothman and Company, Certified Public Accountants and Advisors, be and hereby is authorized to conduct a financial audit of all Lexington-Fayette Urban County Government Funds for Fiscal Year 2022 for an amount not to exceed $165,000.00 (FY2023), and the Mayor or the Commissioner of Finance, on behalf of the Lexington-Fayette Urban County Governm...

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