HomeMy WebLinkAbout11 xx, Audit Services with Moss Adams
ACTION ITEM #11Services with Moss AdamsConsideration To Renew Contract Services with Moss AdamsConsideration To Renew Contract July 17, 2019
Consideration For Contract Audited the District’s annual financials from 2011 thru 2018•largest accounting firm in California th anked 5R•Moss Adams•Audit contract is needed for future
annual audits•Auditors are hired by the Board and report to the Board•BACKGROUND / HISTORY Moss Adams–enewal RConsideration For Contract Moss Adams–enewal R
NEW INFORMATION Always on schedule and on budget•Professional and knowledgeable•Regularly turn over field staff to ensure fresh perspective•Specialize in the utility industry•Retains
leadership team •Moss Adams•AdamsMoss –Consideration For Contract Renewal AdamsMoss –Consideration For Contract Renewal
FISCAL IMPACT Budgetamounts are being included in the compilation of the FY20 and 21 The District’s annual budgets include audit service expenses, these •annuallyIncludes not to exceed
travel reimbursement expenses of $6,500 •FY21 for $55,500 •FY20for $54,500 •FY19for $53,500 •renewala three year contract Adams has proposed Moss •Moss Adams–Consideration For Contract
Renewal Moss Adams–Consideration For Contract Renewal
RECOMMENDATION with a two year option for FY20 and FY21to conduct the FY19 annual audit, in an amount not to exceed $60,000 Authorize the Board President to execute a contract with Moss
Adams •AdamsMoss –Consideration For Contract Renewal AdamsMoss –Consideration For Contract Renewal