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06-13-11 Regular Meeting of Fiscal Affairs Committee
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06-13-11 Regular Meeting of Fiscal Affairs Committee
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City Meetings
Meeting Body
Fiscal Affairs Committee
Meeting Doc Type
Minutes
Date
6/13/2011
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IV. TIME REQUIREMENTS <br /> A. PROPOSAL CALENDAR <br /> The following is a list of key dates up to and including the date proposals <br /> are due to be submitted: <br /> June 16 and June 23 Advertise Request for Proposals <br /> July 12 Open Requests for Proposals <br /> August 8 Council Award <br /> B. DATE AUDIT MAY COMMENCE <br /> The audit may commence after August 8th the first year and July 15th of <br /> each subsequent year under contract. <br /> C. SCHEDULE FOR THE 2011 FISCAL YEAR AUDIT (A similar schedule <br /> will be developed for audits of future fiscal years.) <br /> 1. Interim Work <br /> The auditor shall complete all interim work by October 15th of 2011 <br /> and September 15th of each year thereafter. <br /> 2. Detailed Audit Plan <br /> The auditor shall provide the City by September 15 of 2011 and <br /> July 15 of each year thereafter, both a detailed audit plan and a <br /> list of all schedules to be prepared by the City. <br /> 3. Fieldwork (Year End) <br /> Fieldwork may commence after October 30th of each year; <br /> however, working trial balances will not normally be available until <br /> after November 30th of each year. The auditor shall complete all <br /> fieldwork by January 15th. <br /> 4. Draft Reports <br /> Standard: The draft report of the CAFR will be prepared by the City <br /> of La Porte and given to the auditor's for review by January 30 of <br /> each year. <br /> 19 <br />
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