Based on a first briefing of the Ann Arbor Public School board, Plante & Moran is likely to be selected to conduct the district’s financial audit for the previous fiscal year – 2011-12. The district’s fiscal year runs from July 1 to June 30. Auditors would begin their work in September 2012 and conclude by mid-October 2012. The board would receive the auditor’s report in early November.
The board’s briefing on the selection of Plante & Moran took place at the board’s Aug. 15, 2012 meeting.
The audit will cost about $53,800 plus reasonable expenses. Last year the base fee was $58,100. The district will be looking to bid out the auditing work again after this year’s audit is complete. The staff memo from deputy superintendent for operations Robert Allen indicates that the goal of bidding out the auditing work again sometime in fiscal year 2011-12, before this year’s contract award, had not been met.
The contract with Plante & Moran for this year will need a board vote at a future meeting in order to be approved.
This brief was filed from the main conference room of the Balas Administration Building. A more detailed report of the meeting will follow: [link]