HomeMy WebLinkAbout25H - ACCOUNTING MANAGEMENT SER
CITY COUNCIL MEETING DATE:
~
~
REQUEST FOR
COUNCIL ACTION
CLERK OF COUNCIL USE ONLY:
FEBRUARY 22, 2005
TITLE:
APPROVED
D As Recommended
D As Amended
D Ordinance on 151 Reading
D Ordinance on 2nd Reading
D Implementing Resolution
D Set Public Hearing For
AGREEMENT FOR ACCOUNTING
MANAGEMENT SERVICES -
MORELAND & ASSOCIATES, INC.
{q~CL-
CITY ANAGER
CONTINUED TO
FILE NUMBER
RECOMMENDED ACTION
Direct the City Attorney to prepare and authorize the City Manager and the
Clerk of the Council to execute an agreement with the accounting firm,
Moreland & Associates, Inc., for accounting management services in an
amount not to exceed $75,000.
DISCUSSION
The Accounting Division of the Finance Department is responsible for
ensuring compliance with the various rules and requirements mandated
through Government Accounting Standards Board (GASB) pronouncements,
generally accepted accounting principles (GAAP), as well as Federal and
State laws. More importantly, the division is responsible for the
preparation of the City's financial report and ancillary audits. After
careful review, the Finance Agency proposes a restructuring of the
Accounting Division that will continue to ensure proper supervision,
direction, and training.
During the transition and in order to ensure proper coordination and
direction of accounting staff, staff is recommending the accounting firm
of Moreland & Associates, Inc. to assist with accounting management
services on an interim basis. Moreland & Associates, Inc. has agreed to
provide these services while the City finalizes the restructuring of the
Accounting Division. In addition, they have agreed to provide technical
training to City staff in areas that are impacted by new requirements
issued under GASB or GAAP.
25H-1
Agreement for Account Management Services -
Moreland & Associates, Inc.
February 22, 2005
Page 2
FISCAL IMPACT
Funds are available in the Accounting Division, Other Contractual Services
(account no. 11-171-6191)
':t-~~t"'\ ~ OJ \ ~ . '-: --.,
Francisco Gutierrez -
Executive Director
Finance & Management Services Agency
r
,
fy\
25H-2