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Legislation #: 030466 Introduction Date: 4/17/2003
Type: Ordinance Effective Date: 5/11/2003
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 books and records for the fiscal year ending April 30, 2003 and to perform other audit services, as requested; authorizing the Director of Finance to pay up to $354,089.00 in consideration for said audit and audit related services.

Legislation History
DateMinutesDescription
4/16/2003

Prepare to Introduce

4/17/2003

Referred Budget and Audit Committee

4/23/2003

Do Pass

4/24/2003

Assigned to Third Read Calendar

5/1/2003

Passed


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ORDINANCE NO. 030466

 

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, 2003 and to perform other audit services, as requested; authorizing the Director of Finance to pay up to $354,089.00 in consideration for said audit and audit related services.

 

WHEREAS, the City Charter, Section 85, 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 provisions for said audit be made prior to the end of the fiscal year; and

 

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

 

WHEREAS, this is the second year of a contract with KPMG, LLP, pursuant to the provisions in the request for proposal (RFP) for audit services released in 2003; and

 

WHEREAS, in order to implement the aforementioned contractual service, 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, 2003, 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, 2003, and to perform other audit related services. A copy of said contract, in substantial form, is attached hereto and made a part hereof.

 

Section 2. That the Director of Finance be and is hereby authorized to expend up to $354,089.00 as consideration for the audit services from appropriations heretofore made from the following funds in the amounts indicated below:

 

 

FUND AMOUNT

 

03-100-012-9100-B General Fund $ 65,216.00

03-203-012-9100-B East Park 9,660.00

03-207-012-9100-B Trafficway Maintenance 595.00

03-208-012-9100-B Public Mass Transportation 30,429.00

03-263-055-9100-B Community Development 42,100.00

03-309-012-9100-B Capital Improvements 54,180.00

03-501-012-9100-B General Debt and Interest 10,920.00

03-801-080-9100-B Water 17,500.00

03-811-080-9100-B Sewer 17,500.00

03-861-080-9100-B Storm Water 2,100.00

 


03-821-062-9100-B Airports 31,800.00

03-801-080-9100-B Water Accounting Assistance 5,000.00

03-811-080-9100-B Sewer Accounting Assistance 5,000.00

03-100-012-9100-B Contingency 62,089.00

$354,089.00

 

__________________________________________________________________

 

 

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.

 

 

 

____________________________________

Director of Finance

 

 

Approved as to form and legality:

 

 

 

____________________________________

Assistant City Attorney