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
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ITEM
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ACTION:
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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