HomeMy WebLinkAbout08 OUTSIDE AUDITORS 02-07-05
AGENDA REPORT
Agenda Item ~
Reviewed: ~
City Manager
Finance Director
MEETING DATE: February 7, 2005
TO: William A. Huston, City Manager
FROM: Ronald A. Nault, Finance Director
SUBJECT: SELECTION OF OUTSIDE AUDITORS FOR THE FIVE YEAR PERIOD
BEGINNING JUNE 30, 2005
SUMMARY:
The Audit Committee reviewed proposals for audit services at their meeting of January 20, 2005. They
selected Moreland & Associates, Inc. as their recommendation to the City Council as the City's Auditors
for the period June 30, 2005 through June 30, 2009.
RECOMMENDATION:
Authorize the Finance Director to sign an agreement with Moreland & Associates, Inc. for annual audit
services beginning with the fiscal year ending June 30, 2005 through fiscal year ending June 30, 2009.
FISCAL IMPACT:
The proposed fees will be incorporated into the 2005/2006 budget.
DISCUSSION:
The City's Audit Committee has completed an extensive selection process that began in October 2004.
Seven proposals were received and reviewed by the Committee. The following matrix was prepared
indicating the points assigned for technical qualifications and the proposed pricing.
Technical
Score
Pricing
Score
Total
Score
Five Year
Price Total
Moreiand & Associates, Inc. 212 19 231 $173,300
Caporicci & Larson 193 25 218 $128,700
Conrad & Associates, LLP. 198 15 213 $216,650
Moss, Levy & Hartzheim 184 22 206 $145,650
Teaman, Ramirez & Smith, Inc. 173 23 196 $142,800
Rogers, Anderson, Malody & Scott, LLP 171 20 191 $158,670
Vavrinek, Trine & Day Co., LLP 174 17 191 $191,180
u ,lAud it Com m IAu d it R F P2 004 Selection 010 uts i deAu d ita 0; 5 taffR e port. doc