Common use of Compliance Report Clause in Contracts

Compliance Report. AUDITOR shall also perform tests of the CITY’s compliance with applicable laws, regulations, and the provisions of contracts or agreements to obtain reasonable assurance that the financial statements are free of material misstatement. In addition, AUDITOR shall examine certain provisions of the CITY’s Measure S (2004) as follows: Parcel tax is used for buying books and materials; preventing severe reduction in hours; and preventing deep cuts in children’s reading programs. The CITY’s annual parcel tax will be adjusted for inflation capped at 3% annually and will be limited to ten years. Independent audits will be performed. A citizen’s oversight committee is established. The AUDITOR’s examination will be conducted in accordance with attestation standards established by the AICPA and will include tests of the CITY’s records and other procedures in order to express an opinion on whether the CITY complied with Measure S (2004) in all material respects.

Appears in 3 contracts

Sources: Agreement for Audit Services, Agreement for Audit Services, Audit Services Agreement

Compliance Report. AUDITOR shall also perform tests of the CITY’s compliance with applicable laws, regulations, and the provisions of contracts or agreements to obtain reasonable assurance that the financial statements are free of material misstatement. In addition, AUDITOR shall examine certain provisions of the CITY’s Measure S O (20042000) as follows: Parcel tax is Bond proceeds are used for buying expanding and improving aging branch libraries to reduce noise, add parking, and add space for more books and materials; preventing severe reduction in hourscomputers; and preventing deep cuts building new libraries in children’s reading programsneighborhoods throughout the City. The CITY’s annual parcel tax will be adjusted ▇▇▇▇ proceeds are not used for inflation capped at 3% annually library administrators’ salaries. Annual audits are performed and will be limited to ten years. Independent audits will be performed. A a citizen’s oversight committee is established. The AUDITOR’s examination will be conducted in accordance with attestation standards established by the AICPA and will include tests of the CITY’s records and other procedures in order necessary to express an opinion on whether the CITY complied with Measure S O (20042000) in all material respects.

Appears in 2 contracts

Sources: Agreement for Audit Services, Agreement for Audit Services

Compliance Report. AUDITOR shall also perform tests of the CITY’s compliance with applicable laws, regulations, and the provisions of contracts or agreements to obtain reasonable assurance that the financial statements are free of material misstatement. In addition, AUDITOR shall examine certain provisions of the CITY’s Measure S O (20042000) as follows: Parcel tax is Bond proceeds are used for buying expanding and improving aging branch libraries to reduce noise, add parking, and add space for more books and materials; preventing severe reduction in hourscomputers; and preventing deep cuts building new libraries in children’s reading programsneighborhoods throughout the City. The CITY’s annual parcel tax will be adjusted Bond proceeds are not used for inflation capped at 3% annually library administrators’ salaries. Annual audits are performed and will be limited to ten years. Independent audits will be performed. A a citizen’s oversight committee is established. The AUDITOR’s examination will be conducted in accordance with attestation standards established by the AICPA and will include tests of the CITY’s records and other procedures in order necessary to express an opinion on whether the CITY complied with Measure S O (20042000) in all material respects.

Appears in 1 contract

Sources: Audit Services Agreement