DIAMOND SQUARE REDEVELOPMENT AGENCY AGENDA ITEM
Memo Date: June 11, 2024
Agenda Date: June 17, 2024
Prepared By: Ryan Browne, Redevelopment Coordinator
Through: Charlene Neuterman, Community Services Director
Requested Action:
title
Request Agency approval of a Resolution Amending the FY24 Budget, BAF# 24-096-A, in the amount of $100, to account for the increased cost of the FY23 CRA Audit.End
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BACKGROUND:
In the agreement with the auditing firm, MSL, who conducts the Annual Audit for the CRA, the seven-year agreement (this is year three) has step price increases built into the pricing structure. The budget was submitted without reflecting this change, resulting in a shortfall that needs to be filled in order to pay the auditor.
BUDGETARY IMPACT:
Budgeted No
If not budgeted, is amendment/transfer attached? Yes
Amount Requested $100
Account Number 111-3230-559.32-00
Account Name Accounting & Auditing
Source of Funds: __x_ Transfer Acct #:_111-0000-389.99-50 (Fund Balance)
PREVIOUS ACTION:
N/A.
RECOMMENDED MOTION:
Recommendation
Request Agency approval of a Resolution Amending the FY24 Budget, BAF# 24-096-A, in the amount of $100, to account for the increased cost of the FY23 CRA Audit.