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FORM B-1 2023 ADJUSTMENTS TO BASE BUDGET <br />DEPARTMENT #: 407 FUND: 101 <br />NAME:FINANCE <br />B-1 & B-2 TOTAL $59,500 TOTAL B1 CHANGES $59,500 <br />1 <br />Account #:4308 Amount (neg if decrease)$5,500 <br />AUDITOR <br />Description of Adjustment: <br />Benefits if done: <br />Implications if not done: <br />2 <br />Account #:4310 Amount (neg if decrease)$46,380 <br />OTHER CONSULTANTS <br />Description of Adjustment: <br />Benefits if done: <br />Implications if not done: <br />A single audit will be required in 2023 for 2022 ARPA expenditures. Redpath charges an additional $5,500 for a single <br />audit in addition to the fee for the annual financial audit. <br />A governmental organization with federal expenditures in excess of $750,000 is required by law to have a single audit <br />performed. <br />Metro-iNet JPA Services, Programs & Support increased 22% ($45,035) and Springbrook Maintenance has increased <br />5% ($1,345). <br />Metro-iNet expense increased across the board for all members from 2022 to 2023. Cost drivers include: <br />• Inflation from vendor increases <br />• Updated compensation to attract new employees and retain current employees in the competitive IT job market <br />• Increased Security through staffing and technology purchases <br />• Staffing increases to meet service needs and organizational changes; prepare for new opportunities and <br />innovations; support the new hybrid and remote workforce <br />• Allow for more consistent off-hour support <br />• Increased administrative costs as an independent organization <br />Continued IT and financial software functionality and support. <br />22