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HomeMy WebLinkAboutItem 12 - Outside Audit Services PattilloMEMO TO: HONORABLE MAYOR AND MEMBERS OF THE CITY COUNCIL FROM: BRUNO RUMBELOW, CITY MANAGER 6k MEETING DATE: JUNE 6, 2017 SUBJECT: APPROVAL TO RENEW AN ADDITIONAL ONE YEAR CONTRACT OPTION FOR OUTSIDE AUDIT SERVICES WITH PATTILLO, BROWN & HILL, LLP RECOMMENDATION: City Council to consider approval to renew an additional one year contract option for outside audit services with Pattillo, Brown & Hill, LLP. FUNDING SOURCE: Funds are available for professional audit fees in the financial service fees account 44535 in an amount not to exceed $155,500. The fees cover the cost of the annual audit review of the City's funds which are appropriated during the budget. BACKGROUND: The City Council approved a five year contract with Pattillo, Brown & Hill, LLP on April 16, 2013 to perform the City of Grapevine's annual audit services. This would be the fifth year of the five year contract renewal options. Pattillo, Brown & Hill, LLP have extensive experience providing these services throughout the North Texas area with several municipal clients in the Metroplex that are pleased with their professional services. The firm has also performed the City's annual audit for the past seven years with satisfactory results. Staff recommends approval.