City of Madison Board of Commissioners Agenda Packet May 18 2026
City Approves 2025 Audit Engagement with Williams & Company
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Description
The City Commission approved the 2025 Audit Engagement Letter with Williams & Company, capping audit fees at $67,000.00 plus $7,200.00 per major Single Audit program and up to $11,000.00 for financial statement preparation. This engagement covers the 2025 fiscal year audit.
Contract Details
Contract Amount
Not to exceed $67,000.00 plus $7,200.00 per major program and up to $11,000.00 for statements
Vendor
WILLIAMS & COMPANY
Agency
Town of Madison, SD
Contract Type
PROFESSIONAL_SERVICES
Document Date
May 18, 2026
Contract Term
2025 audit cycle
Renewal Date
2026-12-31
Renewal Info
Engagement covers the 2025 fiscal year audit with defined maximum fees; future annual audit engagements will require separate approval.
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