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CITY OF SAN LEANDRO <br />STAFF REPORT <br />DATE: June 20, 2011 <br />TO: Steve Hollister, City Manager <br />FROM • Tracy Vesely, Finance Director <br />Finance Department <br />BY: Carla Rodriguez, Deputy Finance Director <br />Finance Department <br />SUBJECT PROJECT /PROJECT DESCRIPTION: <br />APPROVED AND <br />FORWARDED <br />TO CITY COUNCIL <br />tep en Hollister <br />City Manager <br />RESOLUTION APPROVING A THREE -YEAR CONTRACT FOR AUDIT SERVICES <br />WITH MAZE AND ASSOCIATES, A CERTIFIED PUBLIC ACCOUNTING AND <br />CONSULTING FIRM, FOR THE FISCAL YEARS ENDING 2010 -11 THROUGH <br />2012 -13 WITH AN OPTION TO EXTEND AUDITING SERVICES FOR AN <br />ADDITIONAL TWO FISCAL YEARS, BY WRITTEN AGREEMENT AND AT THE <br />OPTION OF THE CITY. <br />SUMMARY AND RECOMMENDATION <br />Staff recommends City Council approving a three -year contract for audit services with <br />the new audit firm Maze and Associates for the fiscal years ending 2010 -11 through <br />2012 -13 with an option to extend for an additional two fiscal years by written agreement <br />and afthe option of the City. <br />BACKGROUND <br />On March 1, 2011, the City of San Leandro solicited proposals from qualified CPA <br />(Certified Public Accounting) firms to independently audit the City's financial statements <br />for fiscal years 2010 -11 through 2012 -13. Vavrinek, Trine, Day & Co. LLP has <br />conducted the City's financial statement audits for the past 5 years. As a best <br />management practice, staff recommends changing audit firms in order to ensure <br />continued independence between the City and the auditor's review of the City's financial <br />statements, continued high quality and comprehensiveness of the audit work performed, <br />as well as ensuring competitive pricing. <br />