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CCR1985271RESOLUTION #271-85 APPROVAL OF AGREEMENT BETWEEN THE CITY AND CONLEY. McDONALD. SPRAGUE AND COMPANY FOR ~UDIT SERV~CE (SEWER UTILITY) (Year Ending 12/31/85) WHEREAS, it is necessary for the City of Muskego to enter into an agreement to cover procedures to be used in the auditing of the City's Sewer Utility, and WHEREAS, the firm of Conley, McDonald, Sprague & Company has audited the City's books for over twenty years, and WHEREAS, the Finance Committee has recommended approval of an agreement between the City and the firm of Conley, McDonald, Sprague & Company. NOW, 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 agreement between the City of Muskego and the firm of Conley, McDonald, Sprague & Company to audit the City's Sewer Utility for the year ending December 31, 1985. I I I 0 BE IT FURTHER RESOLVED that said agreement is subject to the approval of the City Attorney. DATED THIS aa DAY OF 0 cra 0 SL 9 1985. I FINANCE COMMITTEE Ald. Edwin P. Dumke Ald. Mitchel Penovich ATTEST: City Clerk 10185 jm CONLEY. McDONALD. SPRAGUE & CO. CERTlFlEO PUBLIC ACCOUNTANTS DANIEL A. 8CHULZ. C P.A. NICHOLAS 0. OUARTARO. C.P.A. VICTOR N. WEILER. C.P.A. FREOERlCK L. LICAU. C P.A. WILLIAM B. VOLKMANN. C.P.A. ROBERT L. GUNORUM. C.PA ~~~ ~ ~~ OAVIO L. OONIHUE. C.PA. OONALO N. VILIONE. C.P.A September 30, 1985 MILWAUKEE. WISCONGIN 53222-4478 2825 NORTH MAYFAIR ROAO AREACOOE414 771-1820 Mr. Wayne Salentine, Mayor City of Muskego Sewer Utility Wl80 57732 Racine Avenue Muskego, WI 53150 Dear Mr. Salentine: We are pleased to serve as independent accountants for the City of Muskego Sewer Utility. This will confirm our understanding of the arrangements for our examination of the financial statements for the year ending December 31, 1985. The purpose of our examination is to express an unqualified opinion on the fairness of presentation of the Sewer Utility's financial statements for the year ended December 31, 1985, and their conformity with generally accepted accounting principles applied on a basis consistent with that of the preceding year. If our 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 will include such auditing procedures as we consider necessary in the circumstances. These procedures will Include a review of the system of internal control, a test of documentary evidence of transactions recorded in the accounts and other tests of assets, liabilities, fund balances, revenues and expenditures correspondence wlth entities outside the Utility. Accordingly, the examination through analysis, physical observations, and/or direct confirmation by will not include an audit of transactions to the extent required if intended to disclose defalcations or similar Irregularities, although their discovery may result. We direct your attention to the fact that management has the responsibility for proper recording of transactions In the books of account, for the safeguarding of assets, and for substantial accuracy of the financial statements. Such statements are representations of managment. Preliminary field work is tentatively scheduled to begin In October, 1985. Final field work Is tentatively scheduled for March, 1986. The audit report will be submitted prior to May 31, 1986. Assistance to be supplied by your personnel including the preparatlon of schedules and analysis of accountS rill be will facilitate achieving the best audit performance wlth the minlmum Of time. discussed and coordinated with the City Clerk. Timely completion of this work City of Muskego Sewer Utility Page Two 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 be my responsibility to insure that the management receives good service. I will call upon other partners in the firm for a second point of view or a specialized knowledge as necessary. The audit this year will be supervised by Charles 0. Miller, CPA, 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 opportunity to senice the City of Muskego Sewer Utility. Please call, if you have any questions about any aspect of our engagement. If this letter correctly where indicated and return it to us. expresses your undclrstanding of the engagement, please sign the enclosed copy Very truly yours, CONLEY, HcDONALD, SPRAGUE & CO. Donald N. Vilione, CPA Partner DNV/bjm:AF:me Approved: Name: Title: Date: