HomeMy WebLinkAboutReso - CC - 058-2019RESOLUTION NO. 58-2019
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME
AUTHORIZING THE CITY MANAGER TO AMEND THE AGREEMENT BETWEEN
THE CITY OF BURLINGAME AND MAZE & ASSOCIATES ACCOUNTANCY
CORPORATION FOR EXTERNAL FINANCIAL AUDITING SERVICES TO ALLOW
FOR AN EXTENSION OF THREE YEARS
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, consistent with the GFOA best practices, the City issued a Request for
Proposals for external financial auditing services; seven firms submitted qualified proposals,
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; and
WHEREAS, the current three-year agreement with Maze & Associates, terminating on
March 31, 2019, authorizes an extension of up to two additional years; and
WHEREAS, the City has been very satisfied with the audit and consulting services
provided to date; and
WHEREAS, Maze & Associates has offered cost savings to the City if the agreement is
extended an additional three years instead of the two-year extension provided in the 2016
agreement.
NOW, THEREFORE, THE CITY COUNCIL OF THE CITY OF BURLINGAME
RESOLVES AND ORDERS AS FOLLOWS:
The City Council authorizes the City Manager to execute a three-year extension of the
Agreement with Maze & Associates Accountancy Corporation, to include performance of
annual external auditing services for the City of Burlingame for fiscal years 2018-19, 2019-20,
and 2020-21.
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I, MEAGHAN HASSEL-SHEARER, City Clerk of the City of Burlingame, certify that the
foregoing Resolution was adopted at a regular meeting of the City Council held on the 20th day
of May, 2019 and was adopted thereafter by the following vote:
AYES: COUNCILMEMBERS: BEACH, COLSON, KEIGHRAN, ORTIZ
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: BROWNRIGG /
City Clerk
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