HomeMy WebLinkAboutStaff Report PSA Amendment Tara Dunford CPAStaff Report by:
Brian Carlson
Budget and Finance Director
Topic:
Amendment to PSA for Accounting
Services, Tara Dunford CPA
Meeting
BOCC Regular
January 17th, 2023
Summary:
• Finance Director is requesting an extension to PSA with Tara Dunford CPA, initially executed in June, 2022
• Hourly rate is increased from $165 to $175
• 2023 NTE (not to exceed) is $63,000, booked to Auditor/Finance Department.
• 2022 NTE was $60,000 of which $17,000 was billed.
• Annual extensions are permitted via original contract, which was reviewed and approved as to form from PA.
Background:
• Finance Director requested this engagement in June of 2022 following his initial assessment of County’s
internal capacity to perform required financial reporting and accounting functions.
• This PSA continues with ongoing tasks relating primarily to year-end accounting and financial statements, but
also including related tasks to improve the overall accounting function (see PSA Tara Dunford CPA, Pg. 3,
Appendix A: Scope of Work)
• Plan is to maintain this engagement over multiple years, reducing or increasing scope as dictated by internal
capacity, which is being developed concurrent with this PSA.
Analysis:
• Contractor is finished with performance of original/initial scope; drafting 2021 financial statements.
Estimated final publication date is January 31, 2023.
• Next phases are concurrent drafting of 2022 financial statements and reconciling cash/investment balances
between Treasurer and Auditor Offices and across platforms.
Conclusion / Next Steps:
• Authorize Finance Director or Auditor to execute 2023 engagement letter.