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Emergency Appropriation to Approve Agreement with Lauterbach & Amen for Accounting Services
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WHEREAS, the Kane County Finance Department (the "Finance Department") seeks to utilize the services of an external professional services firm to provide financial and accounting services including but not limited to assistance with bank reconciliations, processing routine transactions, and assistance with preparation of year-end spreadsheets and reports; and
WHEREAS, the Kane County Purchasing Department issued Request for Qualifications #24-013-TK Financial and Accounting Services in January 2024 to which four vendors submitted their qualifications and from which the firm of Lauterbach & Amen, LLP, with offices at 668 N. River Road, Naperville, Illinois 60563 was selected to provide the services for one year at a fixed fee per month with the option to renew for three additional years; and
WHEREAS, in order to fully fund for the services of Lauterbach & Amen for the period of twelve months at a fixed fee per month of $17,500, for a total of $210,000 through November 30, 2025, an additional appropriation and budget adjustment of $135,000 over the FY 2025 Appropriation and Budget is required.
NOW, THEREFORE, BE IT RESOLVED by the Kane County Board that the Chairman thereof is hereby authorized to execute an agreement with Lauterbach & Amen, LLP, attached hereto; and
NOW, THEREFORE, BE IT FURTHER RESOLVED that the Kane County Board approve a budget amendment of $135,000 in the General Fund to fully fund this agreement as follows:
001.040.040.50150 Contractual Services $135,000
001.000.000.39900 Fund Balance Utilization $135,000
Line Item: 001.040.040.50150
Line Item Description: Salaries and Wage; Contractual/Consulting Services
Was Personnel/Item/Service approved in original budget or a subsequent budget revision? Partially
Are funds currently available for this Personnel/Item/Service in the specific ...
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