The vendor is required to provide accountant to conduct an annual audit of financial transactions and accounts kept by or for the district.
- The government-wide, proprietary, and fiduciary fund financial statements are reported using the economic resources measurement focus and the accrual basis of accounting.
- Revenues are recorded when earned and expenses are recorded at the time liabilities are incurred, regardless of when the related cash flows take place.
- Property taxes are recognized as revenue in the year for which they are levied.
- Governmental funds are reported using the current financial resources measurement focus and the modified accrual basis of accounting. 
- Under this method, revenues are recognized when measurable and available.
- The district considers all revenues reported in the governmental funds to be available if the revenues are collected within 60 days after year-end.
- Expenditures are recorded when the related fund liability is incurred, except for principal and interest on general long-term debt, claims and judgments, and compensated absences, which are recognized as expenditures to the extent they are due and payable.
- General capital asset acquisitions are reported as expenditures in governmental funds.
- Proceeds of general long-term debt and acquisitions under capital leases are reported as other financing sources.
- Budgetary control over expenditures is exercised at the fund level.
- Adopts an annual operating budget for expenditures for all governmental fund types on essentially the same modified accrual basis of accounting used to record actual expenditures.
- Contract Period/Term: 1 year
- Pre-Proposal Meeting (Non-Mandatory) Date: June 12, 2025
- Questions/Inquires Deadline: June 12, 2025