File #: 18-0129    Version: 1 Name:
Type: Report Status: Passed
File created: 2/2/2018 In control: Budget & Finance Committee
On agenda: 2/8/2018 Final action:
Title: Report on Results of FY 2018 Hotel/Motel Audit.
Sponsors: Kristine Brock
Attachments: 1. FY 2018 Hotel Motel Audit update_Feb 2 2018

 

DATE:                                                               February 2, 2018

 

TO:                                          Members of the Budget & Finance Committee

 

FROM:                                          Eric Stuckey, City Administrator

                                          Kristine Tallent, Assistant City Administrator/Chief Financial Officer

                     

                                          

SUBJECT:                                          

title

Report on Results of FY 2018 Hotel/Motel Audit.

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Purpose

The purpose of this memo is to provide information to the members of the Budget and Finance Committee concerning results of the FY 2018 Hotel/Motel Audit performed jointly with the Williamson County Finance Department.

 

Background

Periodically, the City and County engage an outside accounting firm to perform audits of hotel/motel fees due to the respective governments.  The last audit was performed in 2014 and the FY 2018 Budget appropriated funds from the Hotel/Motel Fund for this purpose.  Expected cost for the audit is $18,000, or $750 per report.

 

Financial Impact

The auditor has identified hotel/motel fees due to the City for the period of 2014-2017 of $191,262.  Results of the audit are summarized in the attached memorandum. 

 

Recommendation

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 No action is necessary.  This is a report only.