Ithaca Urban Renewal Agency Audit Committee Agenda Packet 2026-05-28
IURA Reaffirms 2025 Financial Audit by Insero & Co
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Description
The Ithaca Urban Renewal Agency reaffirmed its approval of the 2025 Financial Report prepared by Insero & Co. CPAs LLP. Insero provides independent audit services to the Agency under a separate contract from the City to ensure compliance with the Public Authorities Accountability Act.
Contract Details
Vendor
INSERO & CO CPAS LLP
Agency
City of Ithaca, NY
Contract Type
PROFESSIONAL_SERVICES
Document Date
May 28, 2026
Contract Term
Audit of 2025 financial statements; report dated April 3, 2026; audit must be completed within 90 days of fiscal year end
Renewal Date
2026-03-31
Renewal Info
Annual external audit engagement; IURA is required to have finances audited within 90 days of each fiscal year end and separately contracts with Insero & Co. CPAs LLP for the 2025 audit. Future audit engagements are expected annually but are not explicitly detailed in this document.
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