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12-19-2001 Council Agenda
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12-19-2001 Council Agenda
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Tautges Redpath, Ltd. <br />Certified Public Accountants and Consultants <br />October 3, 2001 <br />Joel Hanson, City Administrator <br />City of Little Canada <br />515 Little Canada Road <br />Little Canada, MN 55117 <br />Dear Joel: <br />Enclosed are two copies of our standard Agreement for Auditing/Accounting Services for the <br />year ending December 31, 2001. This contract is similar to last years contract. The scope of <br />our services include the following: <br />• Financial audit of the City <br />• State of Minnesota Legal Compliance Audit <br />• Preparation of the Annual Financial Report <br />• Management Letter <br />Federal law requires that the City have an Annual Federal Compliance Audit if the City <br />expends $300,000 or more of federal grants or aids per year. Please advise our office of your <br />expected level of federal aid so that we may plan for an expanded scope of audit as may be <br />required. <br />For the 2001 audit, we estimate our fee to be $18,800, which is the same as last years' fee. <br />This fee is based on anticipated cooperation from City personnel and the assumption that <br />unexpected circumstances will not be encountered. If significant additional time is <br />necessary, we will discuss it with you before we incur additional costs. <br />Upon the approval of this agreement by your Council and execution, please return one copy <br />to our office and retain the other copy for your files. Your early consideration of this <br />contract will assist us in preparing our 2001/2002 audit schedule and will be greatly <br />appreciated. If you have any questions, please don't hesitate to call. <br />Sincerely, <br />HLB TAUTGES REDPATH, LTD. <br />/7/1.4-041 lo2.ii.d <br />Mark C. Gibbs, CPA <br />Enclosure <br />4310 White Bear Parkway, White Bear Lake, Minnasnra :561 to 1ISA rolonhnnp• R51 426 7000 Fax: 551 426 5004 <br />3 7ato s:;er::n;., _ 4a nembor c one�ns;io.-��.,a��o�ia �, Page 84 :sacivisers <br />
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