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009-11 - Resolution - Contract with Teresa D Johnson for Specialized AccountingRESOLUTION NO. 009-11 Introduced by: City Treasurer Requested by: City Treasurer Drafted by: City Treasurer Introduced: April12, 2011 Adopted: April12, 2011 A RESOLUTION OF THE CITY OF PORT ORCHARD, WASHINGTON, RATIFYING THE MAYOR'S SIGNATURE ON THE PROFESSIONAL SERVICES CONTRACT NO. 038-11 WITH TERESA D. JOHNSON CPA, INC. FOR SPECIALIZED ACCOUNTING WHEREAS, the Governmental Accounting Standards Board (GASB) Statement 34 implementation a few years ago added to the complexity of the City's financial reporting ; and WHEREAS, the GASB Statement 54 Fund Balance Reporting and Governmental Fund Type Definitions required change increases this complexity; and WHEREAS, the City contracted in 2004 with Teresa D. Johnson CPA, Inc. to assist with the conversion of the City's 2003 Financial Statements for comparison purposes with the 2004 Financial Statements ; and WHEREAS, the City has continued to contract with Teresa D. Johnson CPA, Inc. to be available as needed and assist with the preparation of the annual Financial Statements since 2oos;and WHEREAS, the City has budgeted for this technical assistance; now, therefore, THE CITY COUNCIL OF THE CI'IY OF PORT ORCHARD, WASHINGTON, HEREBY RESOLVES AS FOLLOWS: THAT: The Mayor's signature is ratified on the Professional Services Contract No. 038-11, with Teresa D. Johnson CPA, Inc. for specialized accounting as needed for the 2009 Financial Statements in an amount not to exceed $1,150. PASS ED by the City Council of the City of Port Orchard, SIGNED by the Mayor and attested by the City Clerk in authentication of such passage this 12th day of April .0 .