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HomeMy WebLinkAboutMINUTES - 07252006 - C.60 C. � b TO: BOARD OF SUPERVISORS Contra FROM: JOHN CULLEN, - COUNTY ADMINISTRATOR Costa Count DATE: JULY 25, 20CU .06 O�STA ptz Y SUBJECT: ACCOUNTING SERVICES CONTRACT WITH KEVIN W. HARPER, CPA SPECIFIC REQUEST(S)OR RECOMMENDATION(S)&BACKGROUND AND JUSTIFICATION RECOMMENDATIONS: APPROVE and AUTHORIZE the County Administrator or designee to execute a contract with Kevin W. Harper, CPA, for accounting services related to the Contra Costa County Public Facilities Corporation (CCCPFC) and Contra Costa County Public Financing Authority (CCCPFA), in an amount not to exceed $89,700 for the period from July 1, 2006 through June 30, 2008. (Budgeted) FISCAL IMPACT: The costs associated with preparation of year-end financial statements are proportionately allocated to the various bonds now outstanding that have been issued by the CCCPFC and CCCPFA, and then to the various departments for which these bonds were issued for their capital projects. This allocation methodology results in minimal financial costs to any one department or budget unit for these services. BACKGROUND: As part of the County's annual financial reporting and auditing process, the County's two bonding authorities, the Contra Costa County Public Facilities Corporation (CCCPFC) and Contra Costa County Public Financing Authority (CCCPFA), are each required to develop stand-alone financial statements. These financial,statements are then rolled up into the County's larger audited annual financial report. The firm selected for this service, Kevin W. Harper, CPA, is an SBE firm familiar with governmental accounting issues surrounding debt issuing authorities and corporations. The proposed contract is for a two-year term. CONTINUED ON ATTACHMENT: YES SIGNATURE: ------------------------------------------------------------------------------------------------------------------- - ----------------- ------------------ ------- -- ---- ,,, FECOMMENDATION OF COUNTY ADMINISTRATOR RECOMMEN A ION OF BOARD COMMITT c/APPROVE OTHER SIGNATURE(S): -------------------- - - - - - - -- - - - - ACTION OF BOARD ON APPROVE AS RECOMMENDED_ ( OTHER VOTE OF SUPERVISORS I HEREBY CERTIFY THAT THIS IS A TRUE v AND CORRECT COPY OF AN ACTION TAKEN _UNANIMOUS(ABSENT)noC& ) AND ENTERED ON THE MINUTES OF THE BOARD OF SUPERVISORS ON THE DATE AYES: NOES: SHOWN. ABSENT: ABSTAIN: ATTESTED 1-9L Ax CONTACT: Jason Crapo 335.1021 JOHN CULLEN,CLEKk OF TNE BOAMD OF SUPERVISORS AND COUNTY ADMINISTRATOR CC: County Administrator,Attn Jason Crapo Auditor-Controller,Attn Tim Ernst General Services,Attn Backy Eaton BY DEPUTY