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City of 4 • <br /> SunnyHs es Beach �� - • <br /> Schedule B <br /> Schedule of Professional Fees and Expenses for the Audit of September 30, 2016 • 2018 Financial <br /> Statements: Supporting Schedule for Audit Services <br /> Proposed <br /> Proposed <br /> Hours Hourly Total <br /> Rates <br /> Partners 4 • $276 $ 1,104 <br /> Managers 8 $195 $ 1,560 <br /> Supervisory Staff 23 $117 $ 2,691 <br /> Staff 15 $111 $ 1,665 <br /> Other(Specify) - - - <br /> Subtotal 50 $ 7,020 <br /> Other Expenses <br /> None <br /> Total All-Inclusive Price for Audit Services <br /> Year 1 $ 7,020 <br /> Year 2 $ 7,231 <br /> Year 3 $ 7,448 <br /> Grand Total Price for Audit Services(3 Years) $ 21,698 <br /> Grand Total Price for Audit Services (3 Years) <br /> Note: 3% cost of living index was utilized to determine the rates for the fees associated with FY 2017 and 2018. <br /> Note:Any additional work agreed to between City of Sunny Isles Beach and Marcum shall be performed at <br /> the same rates set forth in the schedule of fees and expenses included in the dollar cost proposal for the <br /> corresponding fiscal year under audit. <br /> Note: Progress payments will be made on the basis of hours of work completed during the course of the <br /> engagement, in accordance with Marcum's dollar cost proposal. Interim billing shall cover a period of not less <br /> than a calendar month. <br /> MARC <br /> Inn Dollar Cost Proposal <br /> ACCOUNTANTS ADVISORS www.marcumllp.com n Page 5 <br /> 1215079F <br />