Professional Independent Auditing Services

The City prepares general purpose financial statements in accordance with Generally Accepted Accounting Principles (GAAP) as defined by the Government Accounting Standards Board (GASB). The audits shall include an examination of the financial statements of all accounts and funds, including the General Fund, Special Revenues, Debt Service, Capital Projects, Enterprise Funds, Trust and Agencies Funds. The audit examination shall be made in accordance with generally accepted auditing standards and governmental auditing standards issued by the Comptroller General of the United States. The audit shall follow the required GASB 34 procedures. The auditing process shall include the necessary procedures to establish compliance with the Single Audit Act, if applicable, plus other guidelines, requirements and regulations necessary for issuing a single audit report for the three (3) fiscal years ending September 30, 2026, 2027, and 2028. The selected Firm is eligible for an additional three-year extension of this contract, at the end of this obligation. The City desires to participate soon in the Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting for its Annual Comprehensive Financial Reports (ACFR); hence, the selected auditing firm must be prepared to render any necessary assistance in working toward this eventual goal.