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1983-11 I . " -- 83-011 ..._~~....-.;.~ _-......,._~..""'-~-- ,-j.' - ----,~ 1 - Clermont, Florida April 27, 1983 Gentlemen: @jtJ 1 GREENLEE . PAUL AND . KURRAS The Honorable Mayor and 'City Council . City of Clermont Clermont, Florida This letter will confirm our understanding of the arrangements for our examination of the financial stateme~ts of the City for the year ending September 30, 1983. CERTIFIED PUBLIC ACCOUNT ANTS Our examination will be for the purpose of expressing an opinion on the balance sheets of the various funds and related financial state- ments. Although defalcations and similar irregularities may occasion- ally be disclosed by this type of examinatiori, it is not designed for this purpose and should not be relied upon to disclose fraud,should any exist. The auditor will, of course, report to the City anything that appears to be unusual or abnormal. . H.J. Greenlee Jr.. CPA Richard A. Paul. CPA Dorothy A. Kurras. CPA Jerry D Brown. CPA John S. Rice. CPA Patricia A. Sykes. CPA e The examination will be made in accordance with generally accepted auditing standards, giving full consideration to the applicable laws of the State of Florida, and in accord- ance with the rules of the Auditor General of the State of Florida, and will include such auditing procedur~s as are considered necessary to enable the' auditor to render an opinion on the fairness of the City's financial statements. These proced~res will include tests of documentary evidence supporting the transactions . recorded in the accounts, tests of .the physical existence of assets, direct confirmation of receivables, certain other assets and liabilities by correspondence with selected customers, creditors, l~gal counsel and banks. The exam~nation shall be made in accordance ~ith generally accepted governmental audit- ing standards as prescribed by the National Committee on Governmental Accounting in "Govermnental Accounting, Auditing and Financial Reporting" and by the American Insti- tute of Certified Public Accountants in the "Industry Audit Cuide - Audits of State and Local Governmental Units". - Our fee for the auditing services outlined above which includes the annual audit report and the .annual financial report of units of local government required by the State of Florida will be $12,500.00 for the year ending September 30, 1983. The City is also required to submit an audit report for Federal Revenue Sharing for the three year period ending September 30, 1983. Our fee for this report wiil be $500.00 bringing the total fee. for the year ending September 30, 1983. to $13,000.00. Should the' City require any additional reports or accounting services we will negotiate a fee for the services be- fore starting the work. . - I 428 East Magnolia Avenue P.O. Box 8B Eustis. Florida 32726 Talephone (804) 357-3141 752 Montrose Street P.O. Box 400 Clermont. Florida 32711 Telephone (804) 384-3256 627 North Donnelly Street P.O. Box 8 Mount Dora. Florida 32757 Talephone (804] 383-6300 .~ .' f " City of Clermont Page 2 e We will,submit a monthly statement to the City for accounting services rendered to date with .the first statement being submitted to the City i~ October of 1983. We will ~ubmit the final statemeni after delivery of the above reports. We look forward to working with you again and if this letter correctly expresses your understanding, please sign the enclosed copy and return ii to us in the enclosed . 'envelope. Sincerely. yours, GREENLEE, PAUL & KURRAS By ;Q~ Public Accountant Approved by: City of Clermont, Florida By,fJLL J3,fu..L Date: May 10, 1983 e - -