HomeMy WebLinkAbout18 ORD 1377 AMEND CODE FOR IND AUDITORS 11-17-0918
• Agenda Item
~: ~ ~ AGENDA REPORT Reviewed:
~~ ` City Manager
Finance Director
MEETING DATE: NOVEMBER 17, 2009
TO: WILLIAM A. HUSTON, CITY MANAGER
FROM: PAMELA ARENDS-KING, FINANCE DIRECTOR
SUBJECT: ORDINANCE NO. 1377, AN ORDINANCE OF THE CITY COUNCIL OF
THE CITY OF TUSTIN, CALIFORNIA, AMENDING SECTION 1632 OF
THE TUSTIN CITY CODE REGARDING REQUEST FOR PROPOSALS
FOR INDEPENDENT AUDITORS
SUMMARY:
Ordinance No. 1377 will amend Section 1632 of the Tustin City Code regarding request
for proposals for independent auditors.
RECOMMENDATION:
First reading of Ordinance No. 1377, an Ordinance of the City Council of the City of
Tustin, California, amending Section 1632 of the Tustin City Code regarding request for
proposals for independent auditors.
FISCAL IMPACT:
None.
BACKGROUND:
The discussion to make changes to Section 1632 and/or make an exception to Section
1632 was brought to the Audit Commission's attention by the Finance Director. The
current auditors, Macias Gini & O'Connell LLP, will have completed the City's audit for five
years ending 2008/09. The request to the Audit Commission was to extend the auditor's
contract for one year because of the complex accounting and auditing issues due to
various developments the City is currently experiencing and the heavy workload staff will
experience implementing new finance software. Bringing new auditors in for Fiscal Year
2009/10 will be extremely challenging because staff will not have the extra time that is
required to work with new auditors. The Audit Commission was agreeable to extending
the auditor's contract, but an exception and/or amendment to the existing Code would
have to be addressed.
Tustin City Code Section 1632 currently reads "Requests for proposals for independent
auditors, excluding the current auditor, shall be solicited at least every five (5) years.
Requests for proposals and the selection of the independent auditor shall follow guidelines
developed by the Audit Commission and such other criteria as may be recommended from
FIRST READING OF ORDINANCE 1377 REGARDING AMENDMENT OF REQUEST
FOR PROPOSALS FOR INDEPENDENT AUDITORS
NOVEMBER 17, 2009 Page 2
time to time by the Finance Director."
The recommended amendment to Tustin City Code Section 1632 reads "Requests for
proposals for independent auditors shall be solicited periodically at the discretion of the
City Council. Requests for proposals and the selection of the independent auditor shall
follow guidelines developed by the Audit Commission and such other criteria as may be
recommended from time to time by the Finance Director."
The recommended amendmen# does not conflict with any auditing standards or
guidelines. It will allow flexibility in renewing independent auditor contracts and it does not
affect the Audit Commission's duties of oversight, review, investigation and reporting on
matters of finance, investments and audit.
~Y~/4i~.."G K. ~G./i 4
Pamela Arends-King
Finance Director
Attachment: Ordinance No. 1377
ORDINANCE NO. 1377
AN ORDINANCE OF THE CITY COUNCIL OF THE CITY OF
TUSTIN, CALIFORNIA, AMENDING TUSTIN CITY CODE
SECTION 1632 RELATING TO REQUESTS FOR
PROPOSALS FOR INDEPENDENT AUDITORS .
The City Council of the City of Tustin, Caiifomia, ordains:
SECTION 1: Section 1632 of the Tustin City Code is amended to read:
SECTION 1632 REQUESTS FOR PROPOSALS
Requests for proposals for independent auditors shall be solicited periodically at the
discretion of the City Council. Requests for proposals and the selection of the
independent auditor shall follow guidelines developed by the Audit Commission and
such other criteria as may be recommended from time to time by the Finance Director.
SECTION 2. This Ordinance shall take effect on the 31st day after it is enacted.
PASSED, APPROVED, AND ADOPTED this day of ~ 2009.
DOUG DAVERT, MAYOR
ATTEST:
PAMELA STOKER, CITY CLERK
APPROVED AS TO FORM:
DOUGLAS HOLLAND, CITY ATTORNEY
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ORDINANCE CERTIFICATION
STATE OF CALIFORNIA )
COUNTY OF ORANGE ) ss.
CITY OF TUSTIN )
ORDINANCE NO.
PAMELA STOKER, City Clerk and ex-officio Clerk of the City Council of the City of
Tustin, California, does hereby certify tha# the whole number of the members of the City
Council of the City of Tustin is five; that the above and foregoing Ordinance was passed
and adopted at a regular meeting of the City Council held on the day of
2009, by the following vote:
COUNCILPERSONS AYES:
COUNCILPERSONS NOES:
COUNCILPERSONS ABSTAINED:
GOUNCILPERSONS ABSENT:
PAMELA STOKER, CITY CLERK
Published:
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