20.103 Scanlon Proposal for FY2021-FY2023 August 11, 2020
To the Honorable City Council
City of Northampton
210 Main Street
Northampton, MA 01060
Dear Council Members:
Thank you for the opportunity to submit a proposal for audit services for the City of Northampton,
Massachusetts. Scanlon and Associates, LLC is independent of the City of Northampton,
Massachusetts as defined by professional standards (AICPA) and government auditing standards
(yellow book). Scanlon and Associates, LLC has met peer review standards as defined by the
American Institute of Certified Public Accountants (AICPA). All partners and staff to be assigned to
the City’s engagement have extensive knowledge and experience of auditing municipalities and
have met the continuing education requirements as defined by auditing standards.
We are excited about the opportunity to continue working with the City. We believe our firm
provides timely, quality work and excellent service at a reasonable fee and would be of great value
to the City. Some of the reasons to select our firm include our experience, our personnel, our
process and our commitment to ensure quality work.
A summary of audit fees for fiscal years 2021, and optional years for 2022 and 2023 is as follows:
Financial School
Fiscal Statement Single End of Year Retirement
Year Audit Audits (a)Reports (2) - AUP GASB 67/68
2021 46,000$ $850/per day 10,000$ 6,000$
2022 48,000$ $850/per day 10,000$ 6,500$
2023 48,000$ $850/per day 10,000$ 6,500$
(Optional)
(a) The fee amount is based on a billing amount of $850 per day for days spent on auditing
major programs. Historically Northampton has averaged between 8 – 12 days related to
major programs for the single audit. Covid-19 may have an impact on increasing the
number of days related to single audit.
The increase from fiscal year 2020 fees are mainly due to new GASB’s, increased reporting
requirements, increased programs/activities within the City and increased audit requirements.
We appreciate this opportunity to continue to be service to you. If you have any questions, please
contact us immediately.
Sincerely,
Scanlon and Associates, LLC
Thomas J. Scanlon Jr., CPA
Scanlon and Associates, LLC