cityseal
Committee on Finance
and the Northampton City Council

                                   Councilor David A. Murphy, Chair
Councilor Maureen T. Carney, Vice Chair
Councilor Marianne L. LaBarge
Councilor Gina-Louise Sciarra

City Council Chambers, 212 Main Street
Wallace J. Puchalski Municipal Building
Northampton, MA

Meeting Date:  February 26, 2019
Time: 4 p.m.


1.

Meeting Called to Order

2.

Roll Call

3.

Discussion of FY2020 Independent Audit Procurement Process

A.

Recommendation of Government Finance Officers Association (GFOA) and Department of Revenue (DOR)

B.

Proposed Timeline for Audit Procurement Process

In accordance with Northampton's Charter Article 7 Finance and Fiscal Procedures Section 6 - Independent Audit, "The city council shall annually provide for an outside audit of the books and accounts of the city to be conducted by a certified public accountant or a firm of certified public accountants, which has no personal interest, direct or indirect, in the fiscal affairs of the city or any of its officers. The mayor shall annually provide to the city council a sum of money sufficient to satisfy the estimated cost of conducting the audit as presented to the mayor, in writing, by the city council. The award of a contract to audit shall be made by the city council on or before September 15 of each year. The clerk of the council shall coordinate the work of the individual or firm selected. The report of the audit shall be filed in final form with the city council not later than March 1 in the year following its award."

4.

Financial Orders

5.

New Business

-Reserved for topics that the Chair did not reasonably anticipate would be discussed.
6.

Adjourn

Contact:  D. Murphy @ david.murphy8@comcast.net 
or 413-586-5461