Title
Consider approval of a professional service contract for audit services of the Fiscal Year 2022, Fiscal Year 2023, and Fiscal Year 2024 and authorizing the City Manager to sign.
Summary
Fiscal Impact:
The fiscal impact of this Agenda item is the following for the financial statement audit and required single audit: $68,150 and $4,820, $70,375 and $4,960, and $71,875 and $5,090 for fiscal years 2022, 2023, and 2024, respectively. If assistance with the preparation of the Annual Comprehensive Financial Report is requested, there is an additional cost of $5,505, $5,160, and $5,250 for fiscal years 2022, 2023, and 2024, respectively. If assistance with the implementation of GASB 87 Lease Accounting is requested, there is an additional cost of $5,360, $5,530, and $5,680 for fiscal year 2022, 2023, and 2024, respectively.
Staff Recommendation:
The Finance Department recommends awarding the Professional Audit Services Contract to Weaver.
Strategic Pillar Icon:
Sustainable Government