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HomeMy WebLinkAboutAGENDA REPORT 1994 0803 CC REG ITEM 08FCity of Moorpark Agenda Report TO: The Honorable City Council FROM: Richard Hare, Deputy City Man ge DATE: July 21, 1994 (CC. Mtg. 813/9 SUBJECT: Consider Amending the Fee for Contract Accountant Services Background L' ITEM �9y ACTION: ^v Since 1986, the City of Moorpark has engaged John Riela, CPA, for accounting projects on an as- needed basis. This arrangement has been most beneficial for the City, which has been able to rely on the expertise of a CPA for certain tasks without the expense of a full -time position. The current contract has established a rate for services of $40.00 per hour. The last time the rate was adjusted was August 1, 1992. Mr. Riela has requested an increase to $42 per hour. This is a 5 percent increase over the two year period. The City Council has budgeted $14,000 ($12,000 - 01.4.116.641 and $2,000 41.4.131.641) for this purpose in FY 1994/95. Work performed related to development projects will be charged against deposits received. A variety of projects will be undertaken including the transition to a new computer system, preparation of special fund summary schedules, assistance with the annual audit, revisions to the chart of accounts, and analysis of development project costs. Recommendation Staff recommends approval of the amendment of the fee in the professional services contract with John Riela, CPA, by increasing the hourly rate from $40 per hour to $42 per hour and asks the City Council to authorize the City Manager to implement this fee amendment effective August 1, 1994. Attachment: C: \WPWIN60 \CC.REP \ACCTSVS.JA Contract w /amendment