NKADD RFQ for Audit Services

The Northern Kentucky Area Development District (hereinafter referred to as NKADD) is accepting proposals to obtain the services of a public accounting firm, whose principal officers are independently certified public accountants, certified or licensed by a regulatory authority of a state or other politcal subdivision of the United States, hereinafter referred to as the "Offeror", to perform a financial and compliance audit for the fiscal year ending June 30, 2018. The proposal will need to include an option for four additional years, on a yearly basis.

For extended details, please refer to the NKADD Request for Qualifications for Audit Services.

Questions/Answers

  1. In regards to the 2017 audit, can you provide us with a list of proposed audit adjustments? Are all audit adjustments normally recorded by management?
    Audit adjustments, if any, are recorded by management. None for FY17.

  2. Can you provide a copy of the required audit communications (report to those charged with governance) for the most recent audit?
    Linked here: Governance and Conclusion Letter

  3. Do the auditors normally meet with the Board of Directors (or other governing body) near the completion of the audit? Do they also have a planning meeting?
    The auditors meet annually with the Finance and Administration Committee of the Board to give a comprehensive review of the financial results and audit activities. The auditors then present the audit to the Board with overall general comments.
  4. Were there any material weaknesses or significant deficiencies in internal controls noted during the most recent audit? Can we receive a copy of the management letter, if any?
    No material weaknesses. See linked Management Letter
  5. It appears that VonLehman is your current auditor. Can you explain why you are considering changing auditors? Was there any disagreement with the prior auditor? Did they resign from the audit? Are they allowed to submit a proposal for the 2018 audit?
    The Kentucky Auditor of Public Accounts issued their “Recommendations for Public and Nonprofit Boards” on May 11,2009 stating “The Board should rotate, at least every fifth year, the auditing firm engaged to perform its annual financial audit.” A revision to these recommendations was issued on March 4, 2010 stating “The Board should also consider whether rotating audit firms would be beneficial given the facts and circumstances of the organization.” NKADD’s Board has adopted the 5-year rotation as a prudent financial policy. The prior auditor, VonLehman CPA and Advisory Firm, had been the audit firm for more than 5 years and would continue to be the auditor if the policy was for a longer term.

  6. When were the auditors at your location in the prior year and how many auditors were usually on site? Do you know how many hours in total they spent in the prior year?
    Mid December – 2 on site, approximately 1 week
  7. What is your expected/desired timing for the auditors to be on site?
    December
  8. Can you provide some background regarding the size of your accounting department?
    Finance Director (14 yrs.), Assistant Finance Director (3 mos.), Accounts Payable Clerk (4.5 yrs, 1 in current position) + 2 Administrative staff assigned to Operational areas.
  9. Have any significant operational changes occurred or are expected to occur from July 1, 2017 to June 30, 2018?
    None have occurred.
  10. Do you expect any significant changes in financial statement balances for the year ending June 30, 2018?
    None are expected.
  11. Are your program expenditures likely to change significantly, such that there may be changes in the major programs that are to be audited in the Single Audit?
    None expected, possible addition of Medicaid Program and staff.
  12. Are the fees paid to the auditors public information? Can you provide us with the fees paid to Von Lehman related to their work for the year ended June 30, 2017? Looks like the budget has $50,000 for audit/accounting in 2017 and $56,000 in 2018 – is that a good estimate of the annual audit fees?
    Audit/accounting includes our Consultant, Bramel & Ackley, who reviews our year-end preparations, computes the depreciation, prepares audit workpapers and financial statements to include in audit, prepares SEFA and 990 and provides guidance on compliance/accounting issues -budget $30-35,000. Audit budget $18-22,000.
  13. Are we able to meet with you or your team prior to submitting our proposal?
    A bidders’ conference has not been scheduled as part of this procurement process.

A copy of the last 8 fiscal years’ Audited Financial Statements can be found on our website at http://www.nkadd.org/about-us.

Proposed NKY Regional Plan for Aging Services FY 19-21

A public meeting to review and discuss the Northern Kentucky Regional Plan for Aging Services for Fiscal Years 2019-21 will take place on Wednesday, February 21, 2018 at 9:00 a.m. at the Northern Kentucky Area Development DIstrict (NKADD), 22 Spiral Drive, Florence, KY 41042. Public Comment is invited. Written comments may be sent to NKADD c/o Anne Wildman (This email address is being protected from spambots. You need JavaScript enabled to view it.). 

 Proposed NKY Regional Plan for Aging Services FY 19-21

 

NKADD Hosts Public Meeting to Discuss Regional Plan for Aging Services

NOTICE OF PUBLIC MEETING

A public meeting to review and discuss the Northern Kentucky Regional Plan for Aging Services for Fiscal Years 2019-21 will take place on Wednesday, February 21, 2018 at 9:00 a.m. at the Northern Kentucky Area Development DIstrict (NKADD), 22 Spiral Drive, Florence, KY 41042. Public Comment is invited. Written comments may be sent to NKADD c/o Anne Wildman (This email address is being protected from spambots. You need JavaScript enabled to view it.). A full copy of the area plan will be available on the NKADD website (www.nkadd.org) beginning Friday, February 16, 2018.

Winter Senior Games Includes Euchre Tournament

 

snowballs

On Tuesday January 9, 2018 more than 125 athletes aged 50 and above attended the 2018 Winter Senior Games at the Fort Thomas Armory Gymnasium.  A variety of indoor games were played during the morning activities including: Mini Golf, Snow Skittles, Hockey Shot, “Snowball” Toss, Billiards, Basketball Spot Shooting, Pop-a- Shot, Freezebee Toss.

A light breakfast, the games, and a box lunch, followed by the awards announcements summarized the days’ events.  Socializing and friendly competition provided some mid-winter fun to the participants from Northern Kentucky, some from as far away as Carroll County.

The following day, January 10, a Senior Games Euchre Tournament was held at the Boone County Library on Route 18. Approximately 35 players attended. This is the first time for the Euchre Tournament to be held in conjunction with Senior Games.  Participants remarked that they enjoyed the day very much, so look for this to be an annual event.

The 2018 Spring Games are planned for May 7- June 6 at a variety of locations throughout Boone, Campbell, and Kenton Counties.  Registration forms will be mailed or available for pickup by March 7.   The Senior Games planning committee looks forward to seeing you in May!  

 

billiardss

freezebees

golfgroups

Northern Kentucky 2018 Legislative Forum - February 3, 2018

PRESS RELEASE

NORTHERN KENTUCKY 2018 LEGISLATIVE FORUM
SATURDAY, FEBRUARY 3, 2018

FOR IMMEDIATE RELEASE

BY: Northern Kentucky Legislative Caucus
Senator Wil Schroder, Chair

The public is invited to join Northern Kentucky House and Senate members on Saturday, February 3, 2018, from 10:00 a.m. – Noon, for the 2018 Northern Kentucky Legislative Forum at Highlands High School Performing Arts Center, located at 2400 Memorial Parkway, Fort Thomas, KY. Doors will open at 9:30 a.m.

The purpose of the meeting is to provide a forum for constituents to offer input on issues during the 2018 Legislative Session of the Kentucky General Assembly.

Every effort is made to accommodate those wishing to address the Caucus. The morning's format for those wishing to speak will require signing in on a first-come, first-served basis, with the amount of time allotted for each speaker determined by the number of sign-ups. To assure there is ample time to hear input on the different issues, multiple individuals addressing the same topic may be asked to select a spokesperson for the entire group.

The members of the Northern Kentucky Caucus are:

Senator Wil Schroder, 24th District, Chair

Representative Diane St. Onge, 63rd District, Vice-Chair

Senator Julian Carroll, 7th District
Senator John Schickel, 11th District
Senator Damon Thayer, 17th District
Senator Paul Hornback, 20th District
Senator Chris McDaniel, 23rd District
Representative Phillip Pratt, 62nd District
Representative Kim Moser, 64th District
Representative Arnold Simpson, 65th District
Representative Addia Wuchner, 66th District
Representative Dennis Keene, 67th District
Representative Rick Rand, 47th District
Representative Joseph Fischer, 68th District
Representative Sal Santoro, 60th District
Representative Adam Koenig, 69th District
Representative Brian Linder, 61st District
Representative Mark Hart, 78th District

If you have any questions about the meeting or arrangements, or would like to request special accommodations for accessing the meeting, please contact Lisa Cooper, 859.283.1885, This email address is being protected from spambots. You need JavaScript enabled to view it..

Contact Information

Northern Kentucky Area Development District

22 Spiral Drive
Florence, KY 41042
P: 859.283.1885
F: 859.283.8178
TDD: 711
For general questions, please email info@nkadd.org

D:Google Maps

Career Opportunities

Welcome to the NKADD Career Board. You'll find benefit information as well as links to current open positions within the Northern Kentucky Area Development District.

Current Job Openings for the Northern Kentucky Area Development District.

topWorkPlaces2014 NKADD voted Top Workplaces of 2014!

countyLogo