Title
Adopt a Resolution to Authorize the City Manager to approve a three-year contract for audit services with Maze and Associates, a certified public accounting and consulting firm, for the three fiscal years ending June 2024, June 2025, and June 2026, with an option to extend auditing services for an additional two fiscal years, by written agreement and at the option of the City
Staffreport
COUNCIL PRIORITY
* Fiscal Sustainability and Transparency
SUMMARY AND RECOMMENDATIONS
Staff recommends City Council approve a three-year contract for audit services with audit firm Maze and Associates, for the fiscal years 2023-2024 through 2025-2026 with an option to extend for an additional two fiscal years by written agreement and at the option of the City.
BACKGROUND
On August 21, 2023, the City of San Leandro solicited proposals from qualified Certified Public Accounting (CPA) firms to independently audit the City's financial statements for fiscal years 2023-2024 through 2025-2026. Maze and Associates scored the highest out of five firms who submitted proposals.
Analysis
The City issued a Request for Proposals on August 21, 2023, to fifteen (15) audit firms; the City received proposals from five (5) audit firms for evaluation. Criteria used in the evaluation process included the following:
* Established public sector experience with cities comparable to San Leandro, including guidance and recommendations with the latest Government Accounting Standards Board (GASB) pronouncements such as GASB 87 - Disclosure Statement for Lessees and GASB 96 - accounting and financial reporting best practices for subscription-based information technology arrangements;
* Ability to provide performance and internal control recommendations;
* Ability to provide post audit consulting services;
* Active involvement with policy board updates and/or professional associations;
* Effective planning skills before the audit, effective communication during the audit and the ability to wor...
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