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10 <br /> May 26, 1995 <br /> The Board of County Commissioners <br /> Page 8 <br /> Schedule of the Audit <br /> Our audit is scheduled for performance and completion as follows: <br /> Begin Complete <br /> Audit Performance Schedule: <br /> Interim June 19, 1995 June 30, 1995 <br /> Year-end August 7, 1995 September 15, 1995 <br /> Audit Communications: <br /> Report on Audit of Financial Statements October, 1995 <br /> Other Communications <br /> Reportable Conditions, if any October, 1995 <br /> The fees indicated below anticipate assistance to be supplied by your personnel, including the <br /> preparation of schedules, analyses of accounts, and drafting of the comprehensive annual financial <br /> report (incorporating appropriate GASB pronouncements), which have been discussed with Mr. Ken <br /> Chavious, Finance Director. Meeting the dates for preparation of schedules and the report, as <br /> outlined on your client participation schedule, is crucial to our timely completion of the audit. If, for <br /> any reason, any of these items will not be completed by the due dates, you should notify us <br /> immediately to determine how to proceed, if our assistance will be needed, and to discuss any <br /> additional fees that may be necessary. <br /> We are, of course, available to assist you in other areas that might arise. <br /> Our fees are based on the amount of time required at various levels of responsibility,plus actual out- <br /> of-pocket expenses (travel,typing, telephone,etc.). We estimate that our total fees for this audit, <br /> including out-of-pocket costs, will be $54,500. We will notify you immediately of any <br /> circumstances we encounter which could significantly affect our estimate. <br /> We appreciate this opportunity to continue to serve Orange County and trust that our association will <br /> be a long and pleasant one. <br /> Yours truly, <br />