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File Number: 22-338 fully disclose the financial conditions of the City and of the other reporting units. Maze provided the following services to the City over a number of years. Maze will also assist the City with the GASB 87 implementation and produce a camera-ready PDF Annual Comprehensive Financial Report for the fiscal year 2021-2022 audit. ·Audit of the basic financial statements, preparation of memorandum on internal control including assistance with the preparation of the Annual Comprehensive Financial Statement including footnotes; ·Audit of the Successor Agency to the Redevelopment Agency and footnote disclosures included in the City’s basic financial statements; ·Testing of major programs for compliance with the Single Audit Act and applicable laws and regulations and issuance of reports; ·GANN Appropriation Limit review and issuance of report; ·Measure B Compliance Report; ·Measure BB Compliance Report; ·Testing of compliance for the Transportation Development Act Programs and preparation of required report; ·Audit of the Vehicle Registration Fee Program (VRF) for funds received from the Alameda County Transportation Commission and issuance of a report; ·Preparation of the City’s Annual Report of Financial Transactions (Controller’s Report) and Street Report and issuance of a compilation report; ·Preparation of the Annual Report of Financial Transactions (Controller’s Report) for the Special District and issuance of a compilation report; ·Assist with the GASB Statement 87 implementation; and ·Preparation of a camera-ready PDF Annual Comprehensive Financial Report. The City is required to implement GASB 87 in fiscal year 2021-2022. Under this Statement, a lessee is required to recognize a lease liability and an intangible right-to-use lease asset. This change will increase the usefulness of the City’s financial statements. Under GASB 87, all leases must be reported as a capital lease/financing lease if certain criteria are met. Maze will expand their audit scope and testing related to the implementation of this new pronouncement. The City is expected to have more Single Audit programs due to the use of American Rescue Plan Act (ARPA) funds. Maze will produce an Annual Comprehensive Financial Report for the City. Maze’s goal is to make available a high-qualify financial report to the public. Maze has provided excellent service to the City and consistently ensures the City’s records are audited thoroughly, while providing a sound opinion on the City’s financial records. Maze is also required to test the soundness of the City’s financial internal control procedures. It is highly beneficial for the City to retain the experience and knowledge of Maze for one additional year as the Finance Department works to prepare a new Request for Proposals for audit services commencing in fiscal year 2022-2023. Some of Maze’s municipal clients include the cities of Belmont, Brisbane, Burlingame, Cupertino, Page 2 City of San Leandro Printed on 5/11/2022