Title:
Title
(City Council / Housing Authority) Approval of Auditor Contract for the Sacramento Housing and Redevelopment Agency
End
FileID
File ID: 2018-01735
Location
Location: Citywide
Recommendation:
Recommendation
Adopt: 1) a City Council resolution to authorize the Sacramento Housing and Redevelopment Agency (Agency) to: a) execute a contract with Clifton Larson Allen LLP to provide audit services for the Agency for one year in the amount of $114,920 with the option to extend for four years for a total amount of $596,730; b) amend the contract for additional audit services subject to the Executive Director's contracting authority; and c) execute any and all documents necessary to carry out the annual examination of the Agency financial statements;; and 2) a Housing Authority resolution to authorize the Executive Director or her designee to: a) execute the contract with Clifton Larson Allen LLP to provide audit services for the Housing Authority of the City of Sacramento for one year with the option to extend for four years ; b) amend the contract for additional audit services subject to the Executive Director's contracting authority ; and c) execute any and all documents necessary to carry out provisions of the annual examination of the Housing Authority financial statements.
Contact: Susana Jackson, Interim Finance Manager, (916) 440-1373, Sacramento Housing and Redevelopment Agency
Body
Presenter: None
Attachments:
1-Description/Analysis
2-City Council Resolution
3-Housing Authority Resolution
4-Audit Services Contract
Description/Analysis
Issue Detail: The United States Department of Housing and Urban Development (HUD) requires that the Sacramento Housing and Redevelopment Agency (Agency) and the Housing Authority of the City of Sacramento (Housing Authority) publish a complete set of financial statements presented in accordance with accounting principles generally accepted in the United States (GAAP) applied to gove...
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