CHICAGO December 8, 2010
To the President and Members of the City Council:
Your Committee on Finance having had under consideration
An ordinance authorizing the approval of the independent firm of Deloitte & Touche, LLP and a consortium of minority and women-owned accounting firms to perform the audit for the City of Chicago fiscal year ending December 31,2010.
Having had the same under advisement, begs leave to report and recommend that your Honorable Body pass the proposed -
Ordinance Transmitted Herewith
This recommendation was concurred in by
of members of the committee with
dissenting vote(s).
Document No.
REPORT OF THE COMMITTEE ON FINANCE TO THE CITY COUNCIL CITY OF CHICAGO
DRAFT - FOR DISCUSSION PURPOSES ONLY
PRIVATE CONFIDENTIAL
FIRM
2009
Fees
¦Deloitte & Touche LLP Bronner Group, The Goodall, Kenner & Associates, P.C. * ¦ Odell Hicks and Company Ragland & Associates, Ltd. Rosalie J. Freidlin, Ltd. Velma Butler & Company Washington, Pittman & McKeever William Morales & Associates, P.C. Williams & Williams, LLP " Prado & Renteria Jack Robertson & Company John E Wilson
Subcontractor Subtotal 2007 Synch Solutions (Indirect) Total Base Audit Fee
$ 1,306,000 45,600
91,200 72,200
45,600 64,600 45,600
102,600
45,600 513,000
$ 1,819,000"
Percent Allocation
71.80% 2.51% 0.00% 5.01% 3.97% 0.00% 2.51% 3.55% 2.51% 0.00% 5.64% 0.00% 2.51%
28.20% 0.00% 100.00%
2008
Fees
$ 1.314,455 44,840
89,300 74,100
44,840 62,700 41,800
102,125
44,840 504,545
$ 1,819,000
Percent Allocation
72.26% 2.47% 0.00% 4.91% 4.07% 0.00% 2.47% 3.45% 2.30% 0.00% 5.61% 0.00% 2.47%
27.74% 0.00% 100.00%
2007
Fees
$. 1,443,420 32,300
41,800 33,725
19,000 31,350 15,200 15,200 75,905
17,100 281,580 98,000 $ 1,725,000
Percent Allocation
83.68% 1.87% 0.00% 2.42% 1.96% 0.00% 1.10% 1.82% 0.88% 0.88% 4.40% 0.00% 0.99%
16.32% 5.68% 100.00%
2006
Fees
$ 1,079,400 32,000 28,000 68,000 73,600 6,400 28,000 100,400 24,000 77,200 20,000
20,000 477,600
$ 1,557,000
Percent Allocation
69.33% 2.06% 1.80% 4.37% 4.73% 0...
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