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~ ,~ MEMBER OF ARTHUR YOUNG INTERNATIONAL <br /> <br />Arthur Young <br /> ~do~, NOdh Cmo~n~ 28246 <br /> Telaphone; (704)372~6~ <br /> Fax:(704)335,4206 <br /> Telex: 575-16g AYCLT <br /> <br /> 1'989 <br /> <br /> Mr. Mike <br /> Mt. Blair Bemuett <br /> Cabam~us County <br /> Post ~ ~x 707 <br /> Co~ord, No~ CatalPa 28025 <br /> <br /> D~ar ~ke ~d Blur: <br /> <br /> I hope the ~ollo~ng ~ll be of help ~ you in ev~uatlng t~ years contract ~ aunt <br /> the <br /> <br /> Our fe~ ove~ the past fo~ yea~ have ~en as fo~ows: 1985 - $25,200; 1986 - $27.000; <br /> 1987 · ~l,000; ~d 1988 - $33,000. As you c~ ~e. ~ dollar ~s. o~ fee incloses <br /> have been modera~. Du~ng ~is period, the aunt of the Co~ty has become more <br /> complex bemuse of increased federM and s~ re~ations in ~e single audit area, <br /> the development of the wa~r and sewer sy~m, the issuance of wa~r and sewer <br /> debt, ~nd ~a genar~ ~'~ of tho <br /> <br /> As we discussed at our meeting on Monday, A~ur Yegg has over the years <br /> pe~o~od ~ny "housekeeping" or acco~fing assis~ce ~sks at no &argo W the <br /> Co~ty. These tasks include such things as conve~ing and a~usting the wa~r <br /> and sewer ~nds from a mo&fled acc~al W a f~l acc~M basis; accumulating <br /> ~xed assets re~l i~o~ation and developing ent~es W re,rd ~xed aosets in the <br /> general fixed assets account ~oup ~d in the wa~r and sewer ~nds; calc~ating <br /> depredation ~d developi~ entdes ~ record depreMation in the water and tower <br /> ~nds; development <br />dollar smo~t of the contracts let, the expenditures ~ date and the amounts <br />remaining ~ b~ spent ~d? in-process contracts (such info~ation is required <br />dlscl~ure in the C~R); re~e~ng s~ment 2 in th~ C~R, w~ch is not required <br />in the ext~me do~l presen~d it,s s~ment represents appro~ma~ly 60 page~ <br />of word pr~zssing and proofing that no~ly is not needed ~th the s~ndard <br />govemmen~ C~R); and developi~ an an~ysis of tho Co~ty's cash deposi~ <br />investments w~ch take~ considerable ~me analyzinR accounts and confi~ing <br />colla~r~zatlon ~d ~ty a~gomonts ~ ~e vat, us cus~ans of the ~sh <br />deposi~ ~d investments (such i~o~ation is required ~sclosur~ in the C~R). <br /> <br /> <br />