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M:\MasterFiles\2012\City Council\City Council Packets\04-23-2012\Item 07E Reso 7929 MMKR Auditing Services.doc <br /> <br />Item No: 7.E. <br />Meeting Date: April 23, 2012 <br />Type of Business: Council Business <br />Administrator Review: _____ <br />City of Mounds View Staff Report <br />To: Honorable Mayor and City Council <br />From: Mark Beer, Finance Director <br />Item Title/Subject: Resolution 7929 Appointing MMKR to Provide Auditing <br />Services for the Years Ended December 31, 2012, 2013, 2014 <br /> <br />The City’s contract for auditing services has expired with the 2011 audit. The auditing firm of <br />Malloy, Montague, Karnowski, Radosevich, & Co., P.A. (MMKR) has performed and provided <br />audit services that have been beneficial to the City. MMKR has provided at staff’s request an <br />extension of audit services for the years’ ending December 31, 2012, 2013, and 2014 for <br />Council consideration. The City has received more than satisfactory service from MMKR and <br />the proposed fees reflect minimal increases for 2012, 2013, and 2014. The fee for the 2011 <br />audit was $29,800. <br /> <br />The proposed fee for 2012 is $30,400 plus expenses, 2013 - $31,000 + expenses, and 2014 - <br />$31,600 + expenses. <br /> <br />Resolution 7929 appointing MMKR as auditors for the years ended December 31, 2012, 2013, <br />and 2014 is attached for your approval. I have also attached the engagement letter that will be <br />signed by the Mayor, the letter of estimated fees for the next three years, and MMKR’s peer <br />review. <br /> <br /> <br />Respectfully submitted, <br /> <br /> <br />________________________ <br />Mark Beer