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File #: 24-350    Version: 1 Name:
Type: Agenda Status: Agenda Ready
File created: 6/19/2024 In control: Cocoa Redevelopment Agency
On agenda: 7/1/2024 Final action:
Title: Request Agency approval of a Resolution Amending the FY24 Budget, BAF #24-098-A in the amount of $100, to account for the increased cost of the FY23 CRA Audit
Attachments: 1. Resolution CCRA-24-350.pdf, 2. BAF 24-098-A-CRA Cocoa-Auditor (07-01-24) Agenda 24-350.pdf
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COCOA COMMUNITY REDEVELOPMENT AGENCY AGENDA ITEM

 

Memo Date:                                          June 19, 2024

Agenda Date:                     July 1, 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 #24-098-A in the amount of $100, to account for the increased cost of the FY23 CRA Audit.End

 

body

BACKGROUND:

 

In the agreement with the auditing firm, MSL, who conducts the Annual Audit for the CRA, the seven-year agreements (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                                          110-3230-559.32-00

Account Name                                          Accounting & Auditing

 

Source of Funds:                      __x_ Transfer Acct #:  110-0000-389.99-50 (Fund Balance)

 

 

PREVIOUS ACTION:

 

N/A.

 

RECOMMENDED MOTION:

Recommendation

Request Agency approval of a Resolution Amending the FY24 Budget, BAF #24-098-A in the amount of $100, to account for the increased cost of the FY23 CRA Audit.