Summary
To: Town Commission
Through: Gay Lancaster, Town Manager
From: Amy Lockhart, Interim Finance Director
Date: 7/31/2024
______________________________________________________________________
Subject:
Title
Resolution 2024-19 Town Auditor Selection Committee
Summary:
The contract with Saltmarsh, our audit firm, has expired, so the Town Commission must form an Auditor Selection Committee.
Body
Previous Commission Action: Town Commission passed Resolution 2022-15 establishing an Auditor Selection Committee. Previous appointees are no longer eligible to serve in the same capacity.
Background/Problem Discussion: Town staff is recommending that the Town issue a Request for Proposal from interested firms for external audit services.
Florida Statute requires that the Auditor Selection Committee establishes the terms of the Request for Proposals, evaluates the proposals and makes a recommendation to the Town Commission for their selection of an auditing firm. This committee can be comprised of any individuals selected by the Town Commission; however, the Committee must include one Commissioner and may not include members of staff. Staff recommends that the Auditor Selection Committee consist of one Commissioner and four at-large members of the Finance Board designated by the Town Commission.
Financial Implications: N/A
Recommendation: Approval of Resolution 2024-19 Town Audit Committee.
Proposed Motion: Move approval of Resolution 2024-19: Establishing an Auditor Selection Committee, and appoint Commissioner _________________ and Finance Board members _____________________, _______________________, ______________________, and
to the Committee.