To: Board of Supervisors
From: Auditor-Controller
Agenda Section: Consent
Vote Requirement: Majority
SUBJECT:title
Master Services Agreement with CliftonLarsonAllen, LLP dated Oct. 9, 2024 Regarding the Provision of External Audit Services for the Period of Aug. 12, 2024 through Aug. 11, 2029 end
RECOMMENDATION(S):Recommendation
That the Board of Supervisors:
1. Authorize the Auditor-Controller, or a designee thereof, to execute the attached statement of work regarding the performance of an audit for fiscal year (FY) 2025-26 pursuant to the terms and conditions of the master services agreement with CliftonLarsonAllen, LLP dated Oct. 9, 2024;
2. Authorize the Auditor-Controller, or a designee thereof, to execute any and all subsequent statements of work, engagement letters and other documents that are directly associated with the master services agreement with CliftonLarsonAllen, LLP dated Oct. 9, 2024, after review and approval by County Counsel, Risk Management and the County Administrative Office; and
3. Direct the Clerk of the Board to provide the Auditor-Controller’s Office with one fully executed certified electronic copy of the Board order related to this item.
Body
STRATEGIC PLAN:
The recommended actions support the following areas of the Board of Supervisors’ Strategic Plan:
Area of Focus: Core Services/Other
Strategic Plan Category: 9999 - Core Services/Other
DISCUSSION:
Section 25250 of the California Government Code requires that the board of supervisors of each county within the State of California audit the financial accounts and records of all officers having responsibility for the care, management, collection or disbursement of money belonging to the county or money received or disbursed under the authority of law. Pursuant to Government Code Section 25220, a board of supervisors may employ the services of an independent certified public accountant or licensed public accountant to perform an examination of the county’s financial statements in accordance with generally accepted auditing standards.
On Sept. 24, 2024, the Humboldt County Board of Supervisors (Board) authorized the County Administrative Office to execute the current master services agreement with CliftonLarsonAllen, LLP regarding the provision of external audit services for the period of Aug. 12, 2024 through Aug.11, 2029, and any subsequent statements of work related to financial audits for FYs 2023-24 and 2024-25 performed thereunder.
The recommended actions set forth herein will allow the Auditor-Controller to execute the attached statement of work regarding the performance of a financial audit for FY 2025-26, as well as any and all subsequent statements of work, engagement letters and other documents that are directly associated with the master services agreement with CliftonLarsonAllen, LLP dated Oct 9, 2024, after review and approval by County Counsel, Risk Management and the County Administrative Office, in order to avoid any unnecessary delays in the initiation and/or completion of required financial audits.
SOURCE OF FUNDING:
General Fund
FINANCIAL IMPACT:
|
Expenditures |
FY 26-27 Adopted |
FY 27-28 Projected* |
FY 28-29 Projected* |
|
Budgeted Expenses |
$121,600.00 |
$130,000.00 |
$135,000.00 |
|
Total Expenditures |
$121,600.00 |
$130,000.00 |
$135,000.00 |
|
Funding Sources |
FY 25-26 Adopted |
FY 26-27 Projected* |
FY 27-28 Projected* |
|
General Fund |
$121,600.00 |
$130,000.00 |
$135,000.00 |
|
Total Funding Sources |
$121,600.00 |
$130,000.00 |
$135,000.00 |
*Projected amounts are estimates and are subject to change.
The fees associated with the attached statement of work for the FY 2025-26 audit are estimated not to exceed $121,600. Expenditure appropriations related to the attached statement of work for the FY 2025-26 audit have been included in the adopted FY 2026-27 budget for the General Fund in Auditor-Controller (1100111). Costs are eventually allocated out to county departments through the annual cost plan.
STAFFING IMPACT:
The recommended actions will not impact current staffing levels.
OTHER AGENCY INVOLVEMENT:
California State Controller’s Office; all federal agencies that grant funds to the County of Humboldt; all special districts governed by the Humboldt County Board of Supervisors
ALTERNATIVES TO STAFF RECOMMENDATIONS:
The Board may choose not to Authorize the Auditor-Controller, or a designee thereof, to execute any and all subsequent statements of work, engagement letters and other documents that are directly associated with the master services agreement with CliftonLarsonAllen, LLP dated Oct. 9, 2024, after review and approval by County Counsel, Risk Management and the County Administrative Office. However, this alternative is not recommended as it may cause delays in the initiation and/or completion of required financial audits.
ATTACHMENTS:
1. Statement of Work Related to the Fiscal Year 2025-2026 Audit
2. Master Services Agreement with CliftonLarsonAllen, LLP Dated Oct. 9, 2024 Regarding the Provision of External Audit Services
PREVIOUS ACTION/REFERRAL:
Meeting of: Sept. 24, 2024
File No.: 24-1174