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. . . . . . .. .. .._ . .... . ...__... . _._. .__... ....._. .... . ...... . _. ..I I . ... _.... <br />LAN�E, S�LL & I.UN��i�, �EI2'I'I�'I�D PITBLIC A{iCiflUN��TS <br />_ �'ItfJPflSED AUDITiNG �ES _ <br />The auditing fees praposed in the sections which foll�w are based upc�n' a review of <br />the financial statements of the various entities can�pri5i�g the Cify of Coitcin and discussions <br />wit�i F�iance Department representatives.: These fe�s represent a not-tc�-exeeed ma�mum ' <br />amount. Shfluid operatic�ns of #he enti�ies change significantly from those present at June 30, <br />I996 or as repres�nted then the fees shown on the_pages which fallow would be sutiject to <br />fi3rther negoiiation. :If ac��al tirne spent on 'ti�e engagements e�erided at the quoted hourly <br />. rates is Iess thail the nat-io-excee�i. maximnm then the lesser amount tivould be compeiisation <br />for that engagerrient, Also included in the fees proposed' is 40 hours of executive time <br />budgeted for research and assi�tance to �ity and/or Agency staff concerning accounting and <br />other technicai matters each year. We do not charge ��ra for m�etinb with the governing <br />boards of the respecti�e entities or for typing and reprociucing a reasanable nizmber of <br />repflrts. <br />On the pages which follow, we have de#ail�d our propo�ed fees by the varin�s <br />engag�ments invoive�i and the three year period specified in your request for proposal. <br />Please note that the rates quated represent a l�% discount aff of our standard 3�ouriy rates. <br />The detail which follows assume that �ve prepare the financial staternents: <br />Should ihe City require; additi�nal servic�s ab�ve and beyond the scope . of this <br />groposal, the hourly rates I.ance, Soll & Lunghard utilizes will be based on th� quot�d rates <br />as set forth in the schedul� of fees and �xpenses that follows. <br />'� : <br />„ __ __ _ <br />I � � , _-, , -- _., , ._ � r:,T - - -,- -� -�-- - - <br />