Authorize a professional services agreement with Weaver and

Authorize a professional services agreement with Weaver and Tidwell, L. L. P. , for audit services. January 16, 2007 Values Integrity ♦ Innovation ♦ Accountability ♦ Commitment to Excellence ♦ Teamwork

Contract provisions • City Charter requires the City at the close of each fiscal year have an independent audit performed by a Certified Public Accountant; • Weaver and Tidwell, L. L. P. is the city’s auditor; Values Integrity ♦ Innovation ♦ Accountability ♦ Commitment to Excellence ♦ Teamwork

Contract provisions • The objective of the audit is the expression of an opinion as to whether the financial statements are fairly presented, in all material respects, in conformity with GAAP-generally accepted accounting principles; • Weaver and Tidwell will also provide a report on internal control related to the financial statements and compliance with laws, regulations, and the provisions of contracts or grant agreements; Values Integrity ♦ Innovation ♦ Accountability ♦ Commitment to Excellence ♦ Teamwork

Contract provisions • The total amount is not to exceed $68, 000; Values Integrity ♦ Innovation ♦ Accountability ♦ Commitment to Excellence ♦ Teamwork

QUESTIONS? Contact Sharen Jackson 817. 748. 8042 Values Integrity ♦ Innovation ♦ Accountability ♦ Commitment to Excellence ♦ Teamwork