Santa Fe City Council ended its agreement with one accounting firm to complete an audit of city finances and hired a new firm Thursday.
The council voted to terminate its relationship with Sugar Land-based Sanderson & Scheffer Certified Public Accountants. That company did not submit an audit on time, city officials assert.
Sanderson & Scheffer was supposed to deliver its audit of the city’s financial statement March 15, City Manager Joe Dickson said. The city agreed to pay not more than $29,225 for the company to audit finances for the fiscal year ending Sept. 30, he said.
But the city never got the audit, Dickson said.
Council members discussed the matter during an executive session May 11, including firing the company and possibly suing it as well.
While council members were still in executive session May 11, a representative of Sanderson & Scheffer brought a draft of the audit to council chambers, Dickson said.
The council, after reconvening, voted to table firing the company until the members and city staff had a chance to review the draft of the audit, Dickson said.
But when the council met Thursday, the members voted to end the agreement.
The council members also entered into a new agreement with Nashville-based accounting firm Carr, Riggs & Ingram.
“They will start on the fast track Monday,” Dickson said. “We need to have it by the end of June.”