R-81-393 - 6/25/1981JOHN W. HOOD, CPA
H. G. "CHIP" WOOLF, JR., CPA
Mr. harry Tonn, Mayor
The City of Round Rock
214 East Main Street
Round Rock, TX 78664
Dear Mayor Tonn:
HOOD, WOOLF & COMPANY
CERTIFIED PUBLIC ACCOUNTANTS
2003 NORTH MAYS, SUITE 101
ROUND ROCK, TEXAS 76664
June 26, 1981
This letter contains our understanding of the arrangements
for our examination of the financial statements of The City of
Round Rock, for the year ending September 30, 1981.
We will examine the City's, "General Purpose Financial
Statements" as of and for the year ending September 30, 1981
for the purpose of expressing an opinion on them. Our exami-
nation will be made in accordance with generally accepted
auditing standards and, accordingly, will include such tests
of the accounting records and such other auditing procedures
as we consider necessary in the circumstances.
Our procedures will include tests of documentary evi-
dence supporting transactions recorded in the accounts and
direct confirmation of certain transactions, detail account
balances, and other related matters by correspondence with
banks and other persons outside the City government who could
corrobrate information included in or related to the financial
statements. At the conclusion of our examination, we will
request certain written representation from the Mayor, the
City Manager, the City Finance Director, and the City Attorney
concerning the financial statements and matters related
thereto.
TELEPHONE
(512) 255.1227
Page 2
June 26, 1981
Our opinion on the financial statements is expected to
be qualified in a manner similiar to that contained in the
second paragraph of the Accountants' report dated December 16,
1980 which was issued by our predecessor on the fiscal 1980
financial statements. Our Accountants' report will also
include reference to any supplemental data included in the
"Comprehensive Annual Financial Report" in a manner similiar
to that contained in paragraph 4 of last year's Accountants'
report.
Our engagement is subject to the inherent risk that
material errors, irregularities, or illegal acts, including
fraud or defalcations, if they exist, will not be detected.
However, we will inform you of any such mattersthat come to
our attention.
We understand that we will be provided with adequate
working space and will receive the full cooperation of the
City Staff.
Our fee for services will be $35.00 per hour plus out -of-
pocket costs. Invoices will be rendered twice monthly and are
payable upon presentation.
We are pleased to have this opportunity to serve you.
If this letter correctly expresses your understanding please
sign the enclosed copy where indicated and return it to us.
Date: CO "
Very truly yours,
HOOD, WOOLF & COMPANY
H.G. "Chip" Woolf, Jr.
Partner
RESOLUTION NO. 29,3R
WHEREAS, the Council wishes to retain a Certified Public
Accounting firm to provide audit and related services for the
City, and
WHEREAS, proposals from several accounting firms have
been received and reviewed, and
WHEREAS, the Council wishes to retain the firm of Hood,
Woolf & Company, Certified Public Accountants, Now Therefore
BE IT RESOLVED BY THE COUNCIL OF THE CITY OF ROUND ROCK,
TEXAS
That the City Council hereby retains the firm of Hood,
Woolf & Company, Certified Public Accountants to provide
audit and related services for the City.
ATTEST:
RESOLVED this 25th day of Jun 981.
JO NE LAND, CiEy Secretary
4 `ONN
L
Mayor
City of Round Rock, Texas