City of Racine - File #: 0637-16

• File #: 0637-16
• Version: A
• Name: Communication from the Assistant Finance Director requesting permission to sign a contract with Baker Tilly to perform 13 separate audits of the City's Tax Incremental Districts. (Res. No. 0287-16)
• Type: Communication
• Status: Passed
• File created: 7/28/2016
• In control: Finance and Personnel Committee
• Final action: 8/16/2016
• Title: Subject: Communication from the Assistant Finance Director requesting permission to sign a contract with Baker Tilly to perform audits of the City's 13 individual Tax Incremental Districts. (Res. No. 0287-16) Recommendation of the Finance & Personnel Committee on 8/8/16: Approve the Finance Director to sign a contract with Baker Tilly to perform audits of the City's 13 individual Tax Incremental Districts. Fiscal Note: The Tax Incremental Districts are required to be audited at various points during the life of the District. Each open Tax Incremental District will be audited as of 12/31/2015. Audit fees will be paid out of each Tax Incremental District for a total cost estimate of $63,000.00.
• Related files: Res.0287-16

Date	Ver.	Action By	Action	Result
8/16/2016	A	Common Council	Approved as Presented	Pass
8/8/2016	A	Finance and Personnel Committee	Recommended For Approval	Pass
8/1/2016	A	Common Council	Referred	Pass

Title

Subject: Communication from the Assistant Finance Director requesting permission to sign a contract with Baker Tilly to perform audits of the City's 13 individual Tax Incremental Districts. (Res. No. 0287-16)

Recommendation of the Finance & Personnel Committee on 8/8/16: Approve the Finance Director to sign a contract with Baker Tilly to perform audits of the City's 13 individual Tax Incremental Districts.

Fiscal Note:                      The Tax Incremental Districts are required to be audited at various points during the life of the District.  Each open Tax Incremental District will be audited as of 12/31/2015.  Audit fees will be paid out of each Tax Incremental District for a total cost estimate of $63,000.00.