CCR1983263.
RESOLUTION #263-83
APPROVAL OF AGREEMENT BETWEEN THE CITY AND
CONLEY, MCDONALD, SPRAGUE AND COMPANY FOR
AUDIT SERVICE (GENERAL FUND)
(Year Ending December 31, 1983)
WHEREAS, it is necessary for the City of Muskego to enter into
procedures to be used in the auditing of the City's General
an agreement with Conley, McDonald, Sprague & Company to cover
Fund, and
WHEREAS, the firm of Conley, McDonald, Sprague & Company has
be in the best interest of the city to continue to use their
audited the city's books for over twenty years and it would
services, and
WHEREAS, the Finance Committee has recommended that the Common
Council authorize execution of the necessary agreement.
THEREFORE, BE IT RESOLVED that the Common Council of the City
of Muskego, upon the recommendation of the Finance Committee,
does hereby authorize the Mayor and Clerk to execute an
of Conley, McDonald, Sprague & Company to audit the City's
agreement between the City of Muskego and the Auditing Firm
General Fund for the year ending December 31, 1983.
BE IT FURTHER RESOLVED that said agreement is subject to the
approval of the City Attorney.
DATED THIS DAY OF , 1983.
FINANCE COMMITTEE
Ald. Edwin Dumke
Ald. Mitchel Penovich
?LL LL Ald. Charles Colburn
City Clerk
10183
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DANIEL A. SCHULZ. C.P.A.
N~CHOLAS 0. OUARTARO. C PA.
-FoERICI( L. LICAU. C PA
CONLEY. McOONALD. SPRAGUE 6 CO.
CERTlFlEO PUBLIC ACCOUNTANTS
MILWAUKEE. WISCONSIN 53222-4478
2825 NORTH MAVFAIR ROAD
AREACOOE 414 771-1820
VICTOR N. WEILER. C.P.A
JAMES E. PRELLWITZ. C.PA.
. . ~~ ~ ~ ~
WlLLlAM E. VOLKMANN. C PA
OAVlO L. OONIHUE. C.P.A.
ROBERT L~ GUNORUM. C.PA.
September 6, 1983
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Mr. Wayne G. Salentine, Mayor
City of Huskego
W180 S7732 Racine Avenue
Muskego, WI 53150
Dear Mr. Salentine:
We are pleased to serve as independent accountants for the City of Muskego.
This will confirm our understanding of the arrangements for our examination of
the financial statements for the year ending December 31, 1983.
Our basic engagement is to examine and report on the financial statements of
the following funds and account groups:
Governmental Funds:
General Fund
Debt Service Fund
Special Revenue Fund
Capital Project Fund
Special Assessment Fund
Proprietary Fund - Sewer Utility
Fiduciary Fund - Trust and Agency
Account Groups:
General Long-Term Debt
General Fixed Assets
The purpose of our examination is to express an unqualified opinion on the
fairness of presentation of the City's financial statements for the year ended
December 31, 1983, and their conformity with generally accepted accounting
principles applied on a basis conslstent with that of the preceding year. If
cur opinion will be other than unqualified, the reasons will be discussed with
you.
The examination will be in accordance with generally accepted auditing
standards and rill Include such auditing procedures as we conslder necessary
in the circumstances. These procedures will Include a review of the system of
the accounts dnd other tests of assets, Ilabllities, fund balances, revenues
internal control, a test of documentary evidence of transactions recorded in
and expenditures through analysis, physlcal observations, and/or direct
Page T*o 2' .
confirmation by correspondence with entities outside the Village. Accorc-
ingly, the examination will not include an audit of transactions to ttle extent
although their discovery may result.
required if intended to disclose defalcations or slmilar irregularlties,
%e direct your attention to the fact that management has the responslbllity
guarding of assets, and for substantial accuracy of the financial statements.
for proper recording of transactions in the books of account, for the safe-
Such statements are representations of management.
Preliminary field work is scheduled for October, 1983. Final field work is
tentatively scheduled to begin in March, 1984. The audit report will be
submitted prior to May 31, 1984. Assistance to be supplied by your personnel
including the preparation of schedules and analysis of accounts will be
will facilitate achieving the best audit performance wlth the minimum time.
discussed and coordinated with the City Clerk. Timely completion of this work
Ye will assist in the preparation of the Financial Report Form for Wisconsin
Cities and Villages to be filed with the Wisconsin Department of Revenue. This
report is considered a special report and therefore, is not to be considered
as audited by us. The report will be completed prior to the due date of
May 1, 1984. This report requires many allocations of expenses beyond which
tions be reviewed annually by the City. Determination of these allocations by
is recorded on the City's records. It will be necessary that these alloca-
the City will facilitate the report preparation in minimum time.
The City is required by Wisconsin statutes to prepare and make available to
the public updated annual reports describing the status of each existing taa
standing that we will compile from information you provide, the City's Tax
incremental district, including revenues and expenditures. It is our under-
Incremental District Funds balance sheets at December 31, 1983, and the
funds for the period 3anuary 1, 1979 through December 31, 1983. These
related statements of revenues) expenditures and other sources and uses of
financial statements will omit all disclosures required by generally accepted
accounting principles. These statements will also include compiled schedules
of each Tax Increment District Borrowed Money fund expenditures and transfers
compared to the City's Tax Increment District Project Plan and a schedule of
long-term debt related to the City's Tax Increment Districts. Our work will
be in accordance with the standards established by the American Institute of
Certified Public Accountants. Our work will not constitute an audit, the
objective of which is the expression of a professional opinion regarding the
financial statements taken as a whole, nor will it constitute a review, the
material modifications need to be made to the financial statements for them to
principal objective of which is the expression of limited assurance that no
be in conformity with generally accepted accounting principles. Accordingly,
we will not express an opinion, nor any form of limited assurance on the
financial statements referred to above. This report will be completed prior
to 3une 30, 1984.
Our fees are based on the time required by the individuals assigned to the
engagement plus direct expenses. Individual hourly rates vary according to
the degree of responsibility involved and the skill required.
I will be the partner in charge of all work we will perform for you. It will
will call upon other partners in the firm for a second polnt of view or a
be my responsibility to insure that the management receives good service. I
specialized knowledge as necessary.
City of Muskego
.Pacje Three
The audit this year will be supervised by Donald Vllione, CPA, Senior Audit
Manager, assisted by other members of the staff as necessary.
We look forward to our association with you and your staff and appreciate the
qu,estions about any aspect of hr engagement. If this letter correctly
opportunity to serve the City of Muskego. Please call, if you have any
expresses your understanding of the engagement, please sign the enclosed copy
here indicated and return it to us.
Very truly yours,
CONLEY, McDONALD, SPRAGUE & CO.
Nicholas D. Quartaro/CPA
Partner
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