HomeMy WebLinkAboutReso - CC - 049-20241
RESOLUTION NO. 049-2024
RESOLUTION OF THE CITY COUNCIL OF THE CITY OF BURLINGAME AUTHORIZING
THE CITY MANAGER TO EXECUTE AN AGREEMENT WITH MAZE & ASSOCIATES
ACCOUNTANCY CORPORATION TO SERVE AS THE CITY OF BURLINGAME’S
INDEPENDENT EXTERNAL FINANCIAL AUDITORS AND PROVIDING AUDITING
SERVICES FOR THE FISCAL YEAR ENDING JUNE 30, 2024 THROUGH JUNE 30, 2026,
WITH AN OPTION TO EXTEND FOR TWO ADDITIONAL YEARS, FOR A TOTAL NOT TO
EXCEED AMOUNT OF $272,800
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 Governmental
Finance Officers Association (GFOA), governmental entities in practice enter into multiyear
agreements when obtaining the services of independent auditors, as such agreements allow for
greater continuity and minimize the potential for disruption in connection with the independent
audit; and
WHEREAS, in February 2024, the City’s Finance Department issued a Request for
Proposals for independent auditing services needed for the City to meet its audit obligations; and
WHEREAS, out of three proposals received, staff recommends contracting with Maze &
Associates Accountancy Corporation for the necessary auditing services; and
WHEREAS, Maze & Associates Accountancy Corporation has agreed to perform external
auditing services for the City at a cost not to exceed $77,750 for fiscal year one (2023-24),
$80,900 for fiscal year two (2024-25), and $84,150 for fiscal year three (2025-26), including all
materials and other reimbursable amounts; and
WHEREAS, staff requests a $10,000 contingency each year for any additional services
that may arise during this agreement; the total cost of the agreement for the three years should
not exceed $272,800.
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 2023-24, 2024-25, and 2025-26, with
an option, at the City’s discretion, to extend the agreement for two additional years, fiscal years
2026-27 and 2027-28, in a form as attached hereto and incorporated herein as Exhibit “A.”
_____________________________
Donna Colson, Mayor
DocuSign Envelope ID: C3DA0C05-37FE-4271-AD00-3DE24D842490
2
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
15th day of April 2024 and was adopted thereafter by the following vote:
AYES: COUNCILMEMBERS: BEACH, BROWNRIGG, COLSON, ORTIZ, STEVENSON
NOES: COUNCILMEMBERS: NONE
ABSENT: COUNCILMEMBERS: NONE
_____________________________
Meaghan Hassel-Shearer, City Clerk
DocuSign Envelope ID: C3DA0C05-37FE-4271-AD00-3DE24D842490