OFFICE OF THE CITY COUNCIL
CHERYL L. BROWN 117 WEST DUVAL STREET,
DIRECTOR 4TH FLOOR, CITY HALL
OFFICE (904) 630-1452
FAX (904) 630-2906
February 24, 2010
Performance and Audit Subcommittee Meeting Minutes
February 23, 2010
Topic: Selection of independent auditor for FY09-10 audit
Location: Conference Room A, City Hall –
In attendance: Council Members Joost (Chair) and Yarborough
Kirk Sherman, Kyle Billy and Heather Norsworthy – Council Auditor’s Office; Sharonda Davis – Legislative Services Division; Kevin Stork and Mike Givens – Finance Department; Celeste Hicks - ECAs
Meeting Convened: 2:13 p.m.
Kirk Sherman stated that the City had sent out 17 requests for proposals (RFPs) to accounting firms soliciting interest in performing the City’s annual independent audit and received 6 responses. A screening committee of 3 members (Kirk Sherman, Kyle Billy and Stephen Joost) independently reviewed and ranked the responses with almost unanimous agreement on the ranking of the top 3 firms: McGladrey & Pullen LLP, Ernst & Young LLP, and Carr, Riggs & Ingram LLC, in that order.
MOTION (Yarborough): approve the list of the top three firms in rank order as presented by the three reviewers and authorize the Council Auditor to negotiate with McGladrey & Pullen on a contract, the results to be reported back to the committee – approved.
Council Member Joost suggested several topics that he would like to see addressed in negotiations with the firm(s) for a contract for the City’s audit:
Kevin Stork stated that
Meeting Adjourned: 2:30p.m.
Minutes: Jeff Clements, Council Research
Tapes: Performance and Audit Subcommittee agenda meeting– LSD
Materials: Auditor’s RFP ranking for independent auditor selection