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Amend Agreement with Macias Gini & <br />O'Connell LLP <br />March 17, 2015 <br />Page 3 <br />Indirect Cost Allocation Plan Audit Requirement <br />On December 26, 2013 the OMB issued a final ruling on the Uniform Administrative <br />Requirements, Cost Principles, and Audit Requirements for Federal Awards for recipient fiscal <br />year starting after December 26, 2014. One of the requirements is the audit of City's Indirect <br />Allocation Plan which the City utilizes as a mechanism to recover City's central administrative <br />service costs for its respective grant funds. <br />As a result of MGO's knowledge and expertise relating to the newly required pension reporting <br />requirements and examination of the City's indirect cost allocation, staff is recommending <br />retaining MGO to provide necessary audit services for fiscal year ended June 30, 2015. <br />STRATEGIC PLAN ALIGNMENT <br />Approval of this item allows the City to meet Goal #7 Team Santa Ana, Object # 5 (Create a <br />culture of innovation and efficiency within the organization), Strategy F (Explore opportunities to <br />engage with outside agencies, both private and public, to share information and increase <br />efficiencies) <br />FISCAL IMPACT <br />Funds in the amount of $124,968 (account no. 01110110 - 62300) are available for these services <br />and are included in the fiscal year 2014 -15 and 2015 -16 budget within the Accounting Division <br />Contract Services- Professionals related to the City's General Fund. Additional funds in the <br />amount of $8,360 are budgeted in the Successor Redevelopment Agency (account no. 67118021 <br />62400), CDBG in the amount of $18,205 (account no. 1351878062400), Housing Authority in the <br />amount of $25,530 (account no 14018760 - 62400), the Workforce Investment programs in the <br />amount of $1,552 (account no. 12318748 - 62400) and various other grant funds in the amount of <br />$29,385. <br />APPROVED AS TO FUNDS AND ACCOUNTS: <br />Francisco Gutierrez <br />Executive Director <br />Finance and Management Services Agency <br />aIffiffiA <br />Exhibit: 1. Agreement )111v. Yg0 <br />Ste 6qt <br />fg6L_ 135' <br />25A -3 <br />