The vendor is required to provide from qualified firms of certified public accountants to audit its financial statements for the fiscal years ending June 30, 2025, 2026, and 2027 with the option of auditing its financial statements for each of the two subsequent fiscal years.
- The city desires the auditor to express an opinion on the fair presentation of its basic financial statements: its governmental activities, its business-type activities, each of its major funds, and its aggregate remaining fund information in conformity with generally accepted accounting principles.
- The auditor is not required to audit the combining and individual fund financial statements and supporting schedules.
- The auditor is to provide an "in-relation-to" report on the combining and individual fund financial statements and supporting schedules based on the auditing procedures applied during the audit of the basic financial statements.
- The auditor is not required to audit the introductory section of the report or the statistical section of the report
- The auditor shall also be responsible for performing certain limited procedures involving required supplementary information required by the governmental accounting standards board as mandated by generally accepted auditing standards
- The auditor is to provide an "in-relation-to" report on that schedule based on the auditing procedures applied during the audit of the financial statements.
- Contract Period/Term: 3 years