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City of San Leandro <br />Meeting Date: October 3, 2016 <br />Staff Report <br />Agenda Section:File Number:16-499 CONSENT CALENDAR <br />Agenda Number:8.G. <br />TO:City Council <br />FROM:Chris ZapataCity Manager <br />BY:David Baum <br />Finance Director <br />FINANCE REVIEW:Not Applicable <br />TITLE:Staff Report for Resolution Approving the Agreement between the City of San <br />Leandro and Maze and Associates for Audit Services effective July 1, 2016 <br />SUMMARY AND RECOMMENDATIONS <br />Staff recommends that the City Council review and approve the agreement between the City <br />of San Leandro and Maze and Associates for Audit Services effective July 1, 2016. <br />BACKGROUND <br />On June 20, 2011, City Council approved a three-year consulting services agreement with <br />Maze and Associates for Audit Services of City funds with an option for 2 one-year <br />extensions. This selection was after an exhaustive Request for Proposal (RFP) process and <br />approval by the Finance Committee on June 6, 2011. Maze and Associates was selected not <br />only for their extensive auditing and consulting experience with municipalities and other <br />non-profits, but also their broad private sector experience in industries such as banking and <br />commercial enterprises. The City desired a firm with both municipal and private sector <br />experience. And a firm with a high level of city experience ensures that the auditors are <br />current with municipal best practices and the latest Governmental Accounting Standards <br />Board Pronouncement (GASB Policies). <br />Originally, Council approved Maze and Associates estimated annual costs to the City of <br />$55,910 for 2010-11 audit services, $56,748 for 2011-12 audit services, and $57,599 for <br />2012-13 audit services. Due to increased complexity arising from dissolution of <br />Redevelopment and new GASB pronouncements (i.e. GASB 68), the actual costs were higher <br />in the years presented and rose to $85,545 for 2013-14 audit services and $84,657 for <br />2014-15 audit services. <br /> <br />Analysis <br />Over the last five years, Maze and Associates has provided the following services to the City <br />Page 1 City of San Leandro Printed on 9/27/2016