Title
Authorize the Chair To Sign Amendment No. 5 to Agreement No. A-11162 with Gallina, LLP in an amount not to exceed $230,489 to perform audits of the following: 2011-12 General Purpose Financial Statements, Single Audit, the 2011-12 Redevelopment Agency Financial Statements, the Public Improvement Corporation, the Treasury Oversight Committee, the Monterey County Financing Authority and the School Special Readiness and Special Needs Project.
Body
RECOMMENDATION:
It is recommended that the Board of Supervisors:
authorize the Chair to sign Amendment No. 5 to Agreement No. A-11162 with Gallina, LLP in an amount not to exceed $230,489 to perform audits of the following: 2011-12 General Purpose Financial Statements, Single Audit, the 2011-12 Redevelopment Agency Financial Statements, the Public Improvement Corporation, the Treasury Oversight Committee, the Monterey County Financing Authority and the School Special Readiness and Special Needs Project.
SUMMARY:
The Office of the Auditor-Controller recommends the Board authorize the Chair to sign Amendment No. 5 to Agreement No. A-11162 with Gallina, LLP in an amount not to exceed $230,489 to perform the 2011-12 annual audits. The Board of Supervisors engaged the firm of Gallina, LLP to perform the Fiscal Year 2007-08 General Purpose Financial Statement and Single audits. Agreement A-11162 allowed the County to extend the agreement not more than two years based on the firm's successful completion of the prior year’s audit. However, based on the implementation and Go-Live of the ERP Systems (Performance Budget, Advantage Financial, Advantage HRM and SymPro Debt and Investment), the Office of the Auditor-Controller is requesting another one year extension of the agreement. Given the financial and payroll system’s significant makeover and process changes and the new addition of CaseWare Financial Reporting software which will be used to produce the County’s financial statements, continuing with the current audito...
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