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Legislation #: 070425 Introduction Date: 4/5/2007
Type: Ordinance Effective Date: none
Sponsor: None
Title: Authorizing the Director of Finance to enter into a contract with KPMG, LLP, to make the annual independent audit of the City’s books and records for the fiscal year ending April 30, 2007, and to perform other audit services, as requested; and authorizing the Director of Finance to pay up to $585,000.00 in consideration for said audit and audit related services.

Legislation History
DateMinutesDescription
4/5/2007 Filed by the Clerk's office
4/5/2007 Referred to Finance and Audit Committee
4/11/2007 Advance and Do Pass, Debate
4/12/2007 Passed

View Attachments
FileTypeSizeDescription
070425.pdf Authenticated 87K authenticated
fiscal notes KPMG 2007.xls Advertise Notice 39K Fiscal Note
Fact sheet KPMG 2007 rev 2.xls Advertise Notice 44K Fact Sheet

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ORDINANCE NO. 070425

 

Authorizing the Director of Finance to enter into a contract with KPMG, LLP, to make the annual independent audit of the Citys books and records for the fiscal year ending April 30, 2007, and to perform other audit services, as requested; and authorizing the Director of Finance to pay up to $585,000.00 in consideration for said audit and audit related services.

 

WHEREAS, the 2006 City Charter, Section 836, requires that an annual audit be performed by an independent certified public accountant, and the federal government is requiring recipients of federal grants to utilize the Circular OMB A-133 concept to perform a financial and compliance audit and requiring airports to audit facility charges on annual organization-wide basis; and

 

WHEREAS, the firm of KPMG, LLP is found to be qualified to perform an audit of the Citys records, and to prepare both the annual report and the single audit concept and other audit related services; and

 

WHEREAS, in order to implement the aforementioned contractual services, it is necessary that the City be authorized to enter into a contract with KPMG, LLP to make said independent audit of the Citys books and records for the fiscal year ending April 30, 2007, and other audit related services, and

 

WHEREAS, in order to make the payment for said services it is necessary to authorize the Director of Finance to make payment from appropriations heretofore made; NOW, THEREFORE,

 

BE IT ORDAINED BY THE COUNCIL OF KANSAS CITY:

 

Section 1. That the Director of Finance be and is hereby authorized to enter a contract on behalf of the City, with KPMG, LLP, to make the annual independent audit of the Citys financial books and records for the fiscal year ending April 30, 2007, and to perform other audit related services. A copy of said modification and contract, in substantial form, are attached hereto and made a part hereof.

 

Section 2. That the Director of Finance be and is hereby authorized to expend up to $585,000.00 as consideration for the audit services from appropriations heretofore made from the following funds in the amounts indicated below:

 

07-1000-129100-B General Fund $185,810.00

07-2080-129100-B Public Mass Transportation 44,100.00

07-2670-649100-B Community Development 61,000.00

07-3090-129100-B Capital Improvements 78,500.00

07-5010-129100-B General Debt and Interest 15,800.00

07-8010-809100-B Water 45,869.00

07-8110-809100-B Sewer 45,868.00

07-8200-809100-B Storm Water 10,193.00

07-8300-629100-B Airports 97,860.00

TOTAL $585,000.00

 

_____________________________________________

 

I hereby certify that there is a balance, otherwise unencumbered, to the credit of the appropriation to which the foregoing expenditure is to be charged, and a cash balance, otherwise unencumbered, in the treasury, to the credit of the fund from which payment is to be made, each sufficient to meet the obligation hereby incurred.

 

 

___________________________________

Debra R. Hinsvark

Director of Finance

 

Approved as to form and legality:

 

 

___________________________________

Heather A. Brown

Assistant City Attorney