Audit Services

The Vendor is required to provide the audit will encompass a financial and compliance examination of the town’s annual comprehensive financial report (ACFR) in accordance with the laws and/or regulations of the state.
- This includes, but is not limited to, Governmental Accounting Standards Board (GASB) statements and Government Auditing Standards.
- The audit firm will be expected to advise appropriate Town staff on the applicability of accounting and reporting standards as they become effective.
- The financial audit opinion will cover the financial statements for the governmental activities, the business-type activities, each major fund and the remaining funds’ information, which collectively constitutes the basic financial statements.
- The combining and individual financial statements, schedules, and related information are not necessary for fair presentation, but will be presented as additional analytical data.
- The auditor shall express an opinion on the budgetary comparison information for the General Fund, and annually budgeted major and special revenue funds. An opinion will not be given on the Management’s Discussion and Analysis.
- A planning meeting will be held each year to determine schedules that the Town will be responsible for preparing. Estimated time frames will be established and interim audit work will be planned. Adequate notification will be given prior to any changes in estimated times.

- Contract Period/Term: 3 years
- Questions/Inquires Deadline: February 13, 2026