City of Racine - File #: Res.0287-16

• File #: Res.0287-16
• Version: A
• Name: Audits of the City's 13 Individual Tax Incremental Districts
• Type: Resolution
• Status: Passed
• File created: 8/16/2016
• In control: City Attorney's Office
• On agenda: 8/16/2016
• Final action: 8/16/2016
• Title: Audits of the City's 13 Individual Tax Incremental Districts Resolved, that the Finance Director sign a contract with Baker Tilly to perform audits of the City's 13 individual Tax Incremental Districts, is approved. 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.
• Sponsors: Q.A. Shakoor II
• Related files: 0637-16

Date	Ver.	Action By	Action	Result
8/16/2016	A	Common Council	Approved as Presented	Pass

Sponsor

Alderman Shakoor

Title

Audits of the City's 13 Individual Tax Incremental Districts

Resolved, that the Finance Director sign a contract with Baker Tilly to perform audits of the City's 13 individual Tax Incremental Districts, is approved.

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.