Item Coversheet
      

5919 MAIN STREET .  NEW PORT RICHEY, FL 34652 . 727.853.1016


TO:City of New Port Richey City Council
FROM:Crystal M. Dunn, Finance Director
DATE:4/1/2025
RE:Authorizing the Execution of FY24 Audit Engagement Letters

REQUEST:

The request is for City Council to authorize execution of the FY24 Audit Engagement Letters with Mauldin & Jenkins.



DISCUSSION
:

On December 7, 2021, the City Council approved Resolution 2022-03 Establishing an Auditor Selection Committee and a Committee Chair, in accordance with Florida Statute 218.391. The resolution states that the Committee shall have the primary purpose of assisting the City Council in the selection of an auditor to conduct the City’s annual financial audit. The committee consisted of all five (5) current City Council members with the Mayor appointed as the Chair of the Committee.

 

On February 15, 2022, the City Council awarded RFP No. 2022-001, Independent Audit Services, to Mauldin & Jenkins, LLC for three (3) audit years (FY2021-FY2023) with engagement letters for audit services executed each fiscal year. 

 

Additionally, Mauldin & Jenkins, LLC is part of the State’s master services agreement, Department of Management Services Contract No. 84111600-20-1 Financial and Performance Audits with an effective period of March 01, 2021 through February 28, 2027, for services including financial statement audits and audits of segments of financial statements.



RECOMMENDATION:

To prevent further delays, staff recommends that City Council authorize execution of the Mauldin & Jenkins engagement letters for audit services related to fiscal year ended September 30, 2024 utilizing the pricing structure as presented in the Department of Management Services Contract No. 84111600-20-1. The piggyback process is allowed for under the current City purchasing guidelines.



BUDGET/FISCAL IMPACT:

Funds have been budgeted in FY2024-2025 to cover the cost of services for the audit of Fiscal Year 2024. 

ATTACHMENTS:
DescriptionType
2024 Audit Engagement LetterBackup Material
2024 Examination Engagement LetterBackup Material