Approval of a Contract Amendment with Moreland & Associates for Temporary Professional Financial Services for the City Treasurer s Office. City of Culver City California City Council Agenda Item Report Meeting Date: 10/22/07 AGENDA ITEM: Approval of a Contract Amendment with Moreland & Associates for Temporary Professional Financial Services for the City Treasurer s Office Item Number: C 4 Contact Person/Dept.: Shally Lin / City Treasurer s Office Fiscal Impact: Yes X No Phone Number: (310) 253 5871 General Fund: Yes X No Public Hearing: Public Notification: Moreland and Associates (10/17/07); Master Notification List (10/17/07) Action Item: X Attachments: X Department Approval: Crystal C. Alexander (10/09/07) Fiscal Impact Review: Marlee Chang (by M. Noller) (10/16/07) City Attorney Approval: Carol A. Schwab (10/10/07) City Manager Approval: Jerry B. Fulwood (10/17/07) the reports which fiscal year end RECOMMENDATION: Staff recommends the City Council approve a contract amendment for financial and accounting services with Moreland & Associates for the services of Shally Lin for an additional three months at a cost of $50 000. BACKGROUND: The City is working with the outside auditors Lance Soll & Lunghard LLP whose multi year contract was approved by the City Council on December 20 2004 to prepare the preparation of Redevelopment Agency Financial Report State Controller s Report and the City Annual Financial Report. In addition there are several other outstanding tasks such as the Request for Proposal for Audit Services and evaluating proposals the City has received associated with Governmental Accounting Standard (GASB) Statement 45. This will require additional staff time to complete. Due to short staffing in the City Treasurer s Office temporary professional services at the management level continue to be needed. DISCUSSION: Moreland & Associates (a CPA firm that previously has been the City s auditor) has supplied us with temporary accounting employees at variou...
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