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HomeMy WebLinkAbout25I - ONLINE ATTESTATION CITY COUNCIL MEETING DATE: ~: ~ ~ REQUEST FOR COUNCIL ACTION CLERK OF COUNCIL USE ONLY: FEBRUARY 21, 2006 TITLE: CONTRACT AMENDMENT TO CONRAD & ASSOCIATES FOR COMPREHENSIVE FINANCIAL AUDIT SERVICES ~/, /) / / (:1(7 ~ //1'~'cf ~ ~~,~----- / tf C TY ANAGER APPROVED o As Recommended o As Amended o Ordinance on 1 sl Reading o Ordinance on 2nd Reading o Implementing Resolution o Set Public Hearing For CONTINUED TO FILE NUMBER RECOMMENDED ACTION Direct the City Attorney to prepare, and authorize the City Manager and Clerk of the Council to execute an amendment with Conrad & Associates, LLP to perform on-line attestation of Financial Data Schedules (FDS) for the Santa Ana Housing Authority in a total amount not to exceed $3,000. DISCUSSION The Department of Housing and Urban Development (HUD) provides guidelines on reporting and attestation requirements, Uniform Financial Reporting Standards (UFRS), for Public Housing Authorities. According to the submission requirements in the UFRS, the Authority is required to submit an unaudited Financial Data Schedule (FDS) by August 31 of each year and audited submission within nine months of fiscal year end. The audited submission is required to include several attachments from the City's Basic Financial Statements and Single Audit Report for each fiscal year beginning in 2002. Since the current audit provider for the City, Conrad and Associates, LLP, is completing its overall audit services for the City, the City's Housing Authority requested that the auditor services include the audit and FDS submission requirements required by HUD. In order to ensure compliance, staff recommends expanding the scope of services. FISCAL IMPACT Funds for these services are available in the Accounting Division budget (account no. 11-171-6191). .~ \\t"l:, ~<t- ~'\(" '...) ~ 4 ~,~ Francisco Gutierrez Executive Director Finance & Management Services ~ Agency 251-1 251-2