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HomeMy WebLinkAboutResolutions 2011-064 N.C.S. 05/02/2011Resolution No. 2011 -064 N.C.S. of the City of Petaluma, California AUTHORIZING THE CITY MANAGER TO ENTER INTO A PROFESSIONAL SERVICES AGREEMENT WITH MAZE AND ASSOCIATES TO PROVIDE AUDIT SERVICES TO THE CITY OF PETALUMA FOR THE FISCAL YEAR ENDING JUNE 30, 2011 WITH TWO POTENTIAL ONE YEAR RENEWALS WHEREAS, the City has solicited bids from various audit firms to provide audit services for the City of Petaluma; and, WHEREAS, the City has received proposals from five audit firms; and, WHEREAS, the City has evaluated the proposals and selected Maze and Associates as the contract awardee. NOW, THEREFORE, BE IT RESOLVED that the City Council authorizes the City Manager to enter into a City of Petaluma Professional Services Agreement acceptable to the City Manager and City Attorney with Maze and Associates to provide audit services, pursuant to the scope of services provided by Maze and Associates attached as Exhibit A to this resolution and incorporated herein, for the City fiscal year ending June 30, 2011 in an amount not to exceed $64,950, and for two renewal periods in the City's sole discretion, not to exceed $65,927 for the fiscal year ending June 30, 2012 . and $66,918 for the fiscal year ending June 30, 2013. Under the power and authority conferred upon this Council by the Charter of said City REFERENCE: I hereby certify the foregoing Resolution was introduced and adopted by the A ro d to Council of the City of Petaluma at a Regular meeting on the 2 nd day of May, 2011, fo by the following vote: ey AYES: Albertson, Barrett, Mayor Glass, Harris, Vice Mayor Healy, Kearney, Rende City Att NOES: None ABSENT: None ABSTAIN: None 0 ATTEST: City Clerk a Resolution No. 2011-064 N.C.S. Page 1 EXHIBIT A TO RESOLUTION 2011 -064 N.C.S. SEALED COST PROPOSAL FOR THE CITY OF PETALUMA MARCH 31, 2011 Submitted By MAZE & ASSOCIATES 3478 Busldrk Avenue, Suite 215 Pleasant Hill, CA 94523 (925) 930 -0902 Contact Persons Katherine Yuen — e-mail address — katheriney ate) nazeassociates.com Cory Biggs - e-mail address —coryb coryb@mazeassoeiates.com Resolution No. 2011 -064 N.C.S. Page 2 PROPOSAL COSTS Certification Katherine Yuen and Cory Biggs are authorized to submit this proposal and negotiate and sign a contract with the City of Petaluma. Our offer is firm and irrevocable for a period of 60 days from the date of this proposal. Total Cost of Audit Our Total All- inclusive Maximum Price for the services specified in the RFP for the fiscal years ending June 30, 2011 through 2013 are in this section. Our Total All - inclusive Maximum Prices for the services specified in the RFP, are firm fixed fees. Additional Services Any additional services will be performed and billed only on the City's prior authorization at our standard billing rates. What Our Price Includes Our price includes all the basic audit work and reports, statements and other deliverables specified in your request for proposal. Our price also includes the items below at no additional cost: 1) year -round support and telephone consultation on pertinent issues affecting your City, (10 hours max.) 2) copies of our journal entries and our leadsheets used to support the amounts in your financial statements, 3) a Study Session for the Board to discuss the audit process, financial statements and recommendations, 4) active Principal involvement in your work every year, 5) our typed Interim Audit Checklist, 6) our typed Arurual Closing Checklist, 7) our typed interim Accounting Issues Memorandum, 8) preliminary draft financial statements at interim, 9) answers to most municipal payroll tax questions, 10) Pivot table analysis tools for the current and prior years 11) Overviews and summaries of upcoming pronouncements and regulation affecting the audited financial statements. 12) Direct dump of general ledger data into our prosytem trial balance software which is fully linked to financial statement formats. Resolution No. 2011-064 N.C.S. Page 3 Fees and Billings Our fees are on a not -to- exceed basis. In determining our fees, we understand that the City's records will be in condition to be audited; that is, transactions will be properly recorded in the general ledger and subsidiary records, these accounting records and the original source documents will be readily available to use, we will be furnished with copies of bank reconciliations and other reconciliations and analyses prepared by the City and City personnel will be reasonably available to explain procedures, prepare audit correspondence and obtain files and records. We do not post separate rate structures for municipal audit work. We view this work as being every bit as important and valuable as the work we perform for other clients and we put our best people on it. Any consulting work you request will be performed at the same rates as our audit work. Cost Rationale We have always completed our work in the time budgeted and for the agreed upon fee. We have never requested additional fees after our work was completed. As always, we finish what we start, regardless of the accuracy of our budgets. Resolution No. 2011 -064 N.C.S. Page 4 CITY OF PETALUMA SCHEDULE OF PROFESSIONAL FEES AND EXPENSES FOR THE AUDITS OF THE FINANCIAL STATEMENTS FOR THE YEARS ENDED JUNE 30: NOTES: (1) Out -of- pocket expenses are included in our standard hourly rate. (2) Our policy is to attempt to keep our clients fees constant after inflation. Therefore, the fees for years subsequent to 2011 have been adjusted for the 2010 CPI increase of 1.5% for the Services Sector of the U.S. Department of Labor, Bureau of Labor Statistics for the San Francisco - Oakland Area. (3) Estimated hours are expected to remain constant for the three years. Resolution No. 2011 7064 N.C.S. Page 5 Hourly Totals (2) Hours (3 ) Rates 2011 2012 2013 Comprehensive Annual Financial Report & Management Letter: Partners 41.00 $300 $12,300 $12,485 $12,672 Director 8.00 150 1,200 1,218 1,236 Supervisor 127.00 120 15,240 15,469 15,701 Associates 190.00 85 16,150 16,392 16,638 Administrative Staff 9.00 65 585 594 603 Total Comprehensive Annual Financial Report 375. 45,475 46,158 46,850 Additional Reports: Petaluma Community Development Commission 55.00 5,990 6,080 6,172 Single Audit (Per tested program) 47.00 4,810 4,883 4,957 Appropriations Limit 6.00 760 772 784 State Controller's Office Reports 46.00 5,200 5,278 5,357 Transportation Development Act 28.00 2,715 2,756 2,797 Out -of- pocket expenses (1) Total all - inclusive maximum price: 557.00 $64,950 $65,927 $66,917 NOTES: (1) Out -of- pocket expenses are included in our standard hourly rate. (2) Our policy is to attempt to keep our clients fees constant after inflation. Therefore, the fees for years subsequent to 2011 have been adjusted for the 2010 CPI increase of 1.5% for the Services Sector of the U.S. Department of Labor, Bureau of Labor Statistics for the San Francisco - Oakland Area. (3) Estimated hours are expected to remain constant for the three years. Resolution No. 2011 7064 N.C.S. Page 5 CITY OF PETALUMA SCHEDULE OF PROFESSIONAL FEES AND EXPENSES SUPPORTING SCHEDULE FOR THE YEARS ENDED JUNE 30: PETALUMA COMMUNITY DEVELOPMENT COMMISSION Resolution No. 2011 -064 N.C.S. Page 6 Hourly Totals Fours Rates 2011 2012 2013 Partners 5.00 $300 $1,500 $1,523 $1,546 Supervisor 8.00 120 960 974 989 Associates 40.00 85 3 3,451 3,503 Administrative Staff 2.00 65 130 132 134 Total for this Report 55.00 $5,990 $6,080 $6,172 Resolution No. 2011 -064 N.C.S. Page 6 CITY OF PETALUMA SCHEDULE OF PROFESSIONAL FEES AND EXPENSES SUPPORTING SCHEDULE FOR THE SINGLE AUDIT Resolution No. 2011 =064 N.C.S. Page 7 Hourly Totals Hours Rates 2011 2012 2013 Partners 3.00 $300 $900 $914 $928 Supervisor 6.00 120 720 731 742 Staff 36.00 85 3,060 3,106 3,153 Administrative Staff 2.00 65 130 132 134 Total for this Report 47.00 $4,810 $4,883 $4,957 Resolution No. 2011 =064 N.C.S. Page 7 CITY OF PETALUMA SCHEDULE OF PROFESSIONAL FEES AND EXPENSES SUPPORTING SCHEDULE FOR THE YEARS ENDED JUNE 30: APPROPRIATIONS LIMIT Resolution No. 2011-064 N.C.S. Page 8 Hourly Totals Hours Rates 2011 2012 2013 Partners 1.00 $300 $300 $305 $310 Supervisor 1.00 120 120 122 124 Associates 4.00 85 340 345 350 Total for this Report 6.00 $760 $772 $784 Resolution No. 2011-064 N.C.S. Page 8 CITY OF PETALUMA SCHEDULE OF PROFESSIONAL FEES AND EXPENSES SUPPORTING SCHEDULE FOR THE YEARS ENDED JUNE 30: STATE CONTROLLER'S OFFICE REPORTS Hours Partners 6.00 Associates 40.00 Total for this Report 46.00 Hourly Totals Rates 2011 2012 2013 $300 $1,800 $1,827 $1,854 85 3 3,451 3,503 $5,200 $5,278 $5,357 Resolution No. 2011 -064 N.C.S. Page 9 CITY OF PETALUMA SCHEDULE OF PROFESSIONAL FEES AND EXPENSES SUPPORTING SCHEDULE FOR THE YEARS ENDED JUNE 30: TRANSPORTATION DEVELOPMENT ACT Resolution No. 2011 -064 N.C.S. Page 10 Hourly Totals Hours Rates 2011 2012 2013 Partners 1.00 $300 $300 $305 $310 Supervisor 4.00 120 480 487 494 Associates 22.00 85 1,870 1,898 1,926 Administrative Staff 1.00 65 65 66 67 Total for this Report 28.00 $2,715 $2,756 $2,797 Resolution No. 2011 -064 N.C.S. Page 10