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AUDITOR-CONTROLLER - Auditor-Controller Krista Peterson
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Requested Action(s)
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a) AGREEMENT - Request approval and authorization for the Chairman to sign the Agreement with LSL, LLP, for the purpose of providing professional audit services with an amount not to exceed $442,420, effective 6/30/26 and terminating 6/30/30
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Financial Impact:
The cost for audit services will be $442,420. Funds will be requested for each fiscal year within the Professional County Services (1105) budget.
Background Information:
A countywide audit is required in order to comply with the provisions of the Federal Single Audit Act of 1984, the U.S. Office of Management and Budget (OMB) Circular A-133 Audits of States, Local Governments and Non-Profit Organizations, and California Government Code ? 25250.
The County's current contract for independent audit services is complete with finalization of the 2024/25 financial statements. In accordance with County procurement policies, an RFP for Audit Services was developed and publicly released to solicit qualified firms with demonstrated experience in governmental auditing, including compliance with Generally Accepted Auditing Standards (GAAS) and Government Auditing Standards (GASB).
A total of five proposals were received and evaluated by a review committee comprised of County staff with relevant financial and administrative expertise. The evaluation process included a comprehensive review of each firm's qualifications, technical approach, experience with similar public sector entities, proposed staffing, and cost structure. Following the initial scoring, the committee conducted interviews with all five firms to further assess their understanding of the County's needs, communication approach, and overall fit.
Based on the results of the written proposals and interviews, LSL, LLP was identified as the top-ranked proposer and determined to be the best fit for the County's audit service needs. The firm demon...
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