Council approves engagement letter for forensic audit covering FY24–25; city may expand review

City Manager Chambers recommended that the council authorize the city to execute an engagement letter with Weaver for forensic auditing services covering the city’s financial activity for fiscal year 2024–25 at a cost of $123,005. Chambers told the council the proposed amount is included in the proposed budget and that Weaver offered options to expand the engagement to include FY2023–24 for an additional $100,000 and FY2022–23 for an additional $75,000; Chambers said including all three years would total $298,005.

After brief discussion, the council moved and carried approval of the engagement letter as presented. Chambers said the expanded audit scope was optional and budget impacts were outlined to the council during the presentation.