|
|
|
|
|
|
|
|
|
Meeting Date:
|
2/15/2023 - 5:30 PM
|
|
Category:
|
BOARD MEMBER REPORTS
|
|
Type:
|
Action
|
|
Subject:
|
10.2 Appointment of External Auditor to perform the Annual Audit for the year ending June 30, 2023
|
|
District Goals:
|
|
|
Enclosure
|
|
|
File Attachment:
|
|
|
Rationale:
|
The Board is required under Education Law Section 2116-a and the Regulations of the Commissioner Section 170.2 and Section 172.3(d) to secure an annual audit by an independent auditor for all funds including Extra classroom Activity Funds. The audit is to be performed in accordance with generally accepted auditing standards, the standards as set forth by the American Institute of Certified Public Accountants, generally accepted government auditing standards set forth for financial audits in the General Accounting Office’s (GAO) Government Auditing Standards (2011) and the provisions of the Single Audit Act and Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) as well as the following additional requirements.
Term: One-year contract term; with the option to renew for additional one-year terms. The initial term and any renewals thereof shall not exceed five (5) years.
RFP- 467 – Due Date 10/28/2022 – 3 proposals received – GML 1O4b
|
|
Funding:
|
COY 120.4999.C1122
|
|
Resolution:
|
WHEREAS, the Board of Education is required by New York State law and regulations to retain the services of an independent auditor to perform an annual audit of Board expenditures, and
WHEREAS, the Board in 2022 issued a Request for Proposals from qualified firms, and
WHEREAS, the Board selected the firm of O'Connor Davies to perform the annual audit for the fiscal years ended June 30, 2023 with the option to extend to June 30, 2024, June 30, 2025, June 30, 2026, and June 30, 2027, and
WHEREAS, the Board wishes to appoint the firm of O'Connor Davies to perform the annual audit for the fiscal year ending June 30, 2023.
NOW THEREFORE BE IT RESOLVED: that the firm of O'Connor Davies is hereby appointed to perform the annual audit for the fiscal year ending June 30, 2023 for an amount not to exceed $127,000.00 for the June 30, 2023 audit and related services (including the Contract for Excellence, the single audit, and the extra classroom activity funds).
|
|
Approvals:
|
|
Recommended By:
|
|
Signed By:
|
|
|
Desmond Barnett - Accountant III
|
|
|
Signed By:
|
|
|
Finance Department - Finance Reviewer
|
|
|
Signed By:
|
|
|
Tom Collich - Purchasing Director
|
|
|
Signed By:
|
|
|
Elizabeth Janocha - Deputy Commissioner
|
|
|
Signed By:
|
|
|
Matthew Gallagher - Corporation Counsel
|
|
|
Signed By:
|
|
|
John Liszewski - Commissioner
|
|
|
Signed By:
|
|
|
Dr. Edwin M. Quezada - Superintendent of Schools
|
|
|
|
|
Vote Results:
|
| Original Motion | Member Gail Burns Moved, Member Lawrence Sykes seconded to approve the Original motion 'WHEREAS, the Board of Education is required by New York State law and regulations to retain the services of an independent auditor to perform an annual audit of Board expenditures, and
WHEREAS, the Board in 2022 issued a Request for Proposals from qualified firms, and
WHEREAS, the Board selected the firm of O''Connor Davies to perform the annual audit for the fiscal years ended June 30, 2023 with the option to extend to June 30, 2024, June 30, 2025, June 30, 2026, and June 30, 2027, and
WHEREAS, the Board wishes to appoint the firm of O''Connor Davies to perform the annual audit for the fiscal year ending June 30, 2023.
NOW THEREFORE BE IT RESOLVED: that the firm of O''Connor Davies is hereby appointed to perform the annual audit for the fiscal year ending June 30, 2023 for an amount not to exceed $127,000.00 for the June 30, 2023 audit and related services (including the Contract for Excellence, the single audit, and the extra classroom activity funds).'. Upon a Roll-Call Vote being taken, the vote was: Aye: 8 Nay: 0. | | The motion Carried 8 - 0 | | | | | Sheila Greenwald | Yes | | Rosemarie Linton | Yes | | Lawrence Sykes | Yes | | Dr. John Castanaro | Yes | | Gail Burns | Yes | | Dr. Rosalba Corrado Del Vecchio | Yes | | Rev. Steve Lopez | Yes | | Kevin Cacace | Yes | |
|
|
|
|
|
|
|