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<br />~Action <br /> <br />CITY OF PARIS, TEXAS <br />CITY COUNCIL AGENDA REQUEST <br />MEETING DATE: I January 26,2007 <br /> <br />~ Discussion Dlnformation DRefer to: <br /> <br />DESCRIPTION: <br />Receipt and discussion of the independent annual audit. <br /> <br />BACKGROUND INFORMATION: <br /> <br />Section 35 of the City Charter requires an independent be performed annually. <br />This item fulfills that requirement. A representative of the audit firm McClanahan & <br />Holmes will be available to discuss this matter. A total of $52,855 is budgeted for <br />this item and the expected fee is $48,150 plus printing expenses. <br /> <br />FISCAL AUTHORITY: <br />BUDGETED: Yes Account #: 0605 in all departments <br />GRANT: Account #: <br />BOND / C 0 Account #: <br />Other: See attached for recommended funding <br /> <br />LEGAL REVIEW: <br />COMMENTS: <br /> <br />MANAGER'S RECOMMENDATION: <br /> <br />'.,....k. ..,.._. ..,~... <br />