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06/10/2025 Resolutions 2025-180 RESOLUTION 2025-180 WHEREAS, the Finance Department oversees the work conducted by BerganKDV, the external auditors; and WHEREAS, the current contract for audit services ended with the 2024 audit; and WHEREAS, the City of Grand Island incurred additional costs of$80,700; and WHEREAS, the additional costs consisted of implementation of new GASB standards, additional federal programs required to be tested(contract included 1 major program), resolving issues with fund balance, working through issues with prepared reconciliations for cash, receivables, capital assets, accounts payable and other accruals; and WHEREAS, these issues required additional time, resources, and specialized expertise that were not accounted for in the original contract and resulted in proposed audit adjustments. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND COUNCIL OF THE CITY OF GRAND ISLAND, NEBRASKA, that the additional purchase of $80,700 for audit services from BerganKDV is hereby accepted and approved. Adopted by the City Council of the City of Grand Island, Nebraska, June 10, 2025. Rog G. Steele, Mayor Attest: iG J ranere, City Clerk