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Board of Directors <br />LaPorte Redevelopment Authority <br />January 20, 2012 <br />Page 4 <br />We estimate the following classifications of personnel and budgeted hours will be required to perform the <br />audit: <br />Rates Per <br />Hour Hours <br />One Staff Professional $80 - $120 15 <br />Experience: <br />Zero to four years <br />Training: <br />Degreed accountant or trained paraprofessional <br />Functions: <br />To accomplish procedures commensurate with experience <br />One Senior Professional, Audit Manager or Senior Professional $120 - $160 15 <br />Experience: <br />Three to thirty years of auditing experience <br />Training: <br />Certified Public Accountant or Candidate <br />Functions: <br />To supervise and accept responsibility for draft report <br />One Partner (Shareholder) $200 9 <br />Experience: <br />Fifteen to thirty-five years of experience <br />Training: <br />Certified Public Accountant <br />Functions: <br />Review, supervision and accept final report responsibility <br />Clerical Support Staff $50 - $80 <br />Word processing, confirmation control and report assembly 6 <br />Total Hours <br />