HomeMy WebLinkAboutReso - CC - 020-2016RESOLUTION NO. 20-2016
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME
AUTHORIZING THE CITY MANAGER TO EXECUTE AN AGREEMENT BETWEEN
THE CITY OF BURLINGAME AND MAZE & ASSOCIATES ACCOUNTANCY
CORPORATION FOR EXTERNAL FINANCIAL AUDITING SERVICES
WHEREAS, the City is required by State law to have an annual, independent, external
audit of its financial statements to ensure compliance with federal, state, and local laws; with
generally accepted accounting principles; and with pronouncements and standards of the
Governmental Accounting Standards Board (GASB); and
WHEREAS, in accordance with the best practices promulgated by the Government
Finance Officers Association (GFOA), governmental entities in practice enter into multiyear
agreements (usually no longer than five years) when obtaining the services of independent
auditors, as such agreements allows for greater continuity and minimize the potential for
disruption in connection with the independent audit; and
WHEREAS, the GFOA best practices also state that a governmental entity should
actively seek to replace the external auditor at the end of the multiyear agreement in order to
preserve and enhance independence, objectivity and impartiality; and
WHEREAS, the accounting firm of Brown Armstrong Accountancy Corporation has
provided external auditing services for the City since 2011; and
WHEREAS, consistent with the GFOA best practices, the City issued a Request for
Proposal for external financial auditing services; seven firms submitted qualified proposal, three
firms were selected for interviews, and after completion of the review process, the City selected
Maze & Associates Accountancy Corporation as the best qualified firm based on its 37 years of
experience in auditing governmental entities; and
WHEREAS, Maze & Associates Accountancy Corporation has agreed to perform
external auditing services for the City at a cost not to exceed $62,340 for fiscal year one (2015-
16), $64,210 for fiscal year two (2016-17), and $66,137 for fiscal year three (2017-18), including
all materials and other reimbursable amounts.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BURLINGAME
DOES HEREBY RESOLVE AND ORDER AS FOLLOWS:
The City Council hereby approves, and authorizes the City Manager to execute the
Agreement with Maze & Associates Accountancy Corporation to perform annual external
auditing services for the City of Burlingame for fiscal years 2015-16, 2016-17, and 2017-18,
with an option, at the City's discretion, to extend the agreement for two additional years, fiscal
years 2018-19 and 2019-20, in a form as attached hereto and incorporated herein as Exhibit
«A
I, MEAGHAN HASSEL-SHEARER, City Clerk of the City of Burlingame, do hereby certify
that the foregoing Resolution was adopted at a regular meeting of the City Council held on the
4th day of April, 2016 and was adopted thereafter by the following vote:
AYES: COUNCILMEMBERS: BEACH, BROWNRIGG, COLSON, KEIGHRAN, ORTIZ
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE // //1 //
City Clerk