City of Newton Council Meeting Agenda Packet May 2026
Newton Approves FY 2026 Audit Contract
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Description
The Newton City Council approved a $79,500 FY 2026 audit services contract with Martin, Starnes & Associates. The firm will conduct the City’s annual financial and single audits and prepare the related financial statements and disclosures.
Contract Details
Contract Amount
$79,500 (Fixed audit fee $62,000; Financial statement preparation $8,500; Single audit up to two Major programs $4,500; Additional Major program $4,500)
Vendor
MARTIN, STARNES & ASSOCIATES
Agency
City of Newton, NC
Contract Type
PROFESSIONAL_SERVICES
Document Date
May 5, 2026
Contract Term
Fiscal Year 2026 audit
Renewal Date
2027-06-30
Renewal Info
One-year engagement for FY 2026; any continuation for future fiscal years would require separate approval.
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