Agenda

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13.

Work Session and Regular Meeting

Meeting Date:	04/26/2016
Department:	City Manager

AGENDA CAPTION:

Presentation And Discussion Of Final Report From Kanter Forensics, LLC.

BACKGROUND:

In April of 2014, Kanter Forensics, LLC (Kanter) was engaged by the Town of Addison to perform an analysis of Town operations regarding its financial procedures and internal controls. Kanter provided a set of recommendations in July 2014 in which issues related to purchasing, procurement practices, accounts payable processing, banking, fixed assets, payroll, cash receipts and staffing were identified. In October 2014 a second set of recommendations identified recommendations related to contracting, Oktoberfest special events, and compliance monitoring. In November of 2014, he was asked to perform an analysis specifically related to the following: Municipal Court, special events and one vendor, physical inventory reconciliation consulting and status update regarding the first set of recommendations. In January 2015, the October agreement was amended to provide for additional data entry hours needed regarding the project. In February 2016, additional money was approved to complete the analysis of Municipal Court. This will be Kanter's final report.

RECOMMENDATION:

Information only, no action required.

Attachments
Final Report