The selected independent auditor will be required to perform the following tasks beginning with the fiscal year ending June 30, 2025 (estimated start of work date January 12, 2026): 1. The audit firm will perform an audit of all funds of the City of Fillmore, the Successor Agency to the Redevelopment Agency, and the Fillmore-Piru Memoria District for each of the three fiscal years ending June 30, 2025 through June 30, 2027, and express opinions and issue reports on the fair presentation of the basic financial statements. The audit will be conducted in accordance with auditing standards generally accepted in the United States of America and Government Auditing Standards, issued by the Comptroller General of the United States. 2. The City’s Annual Comprehensive Financial Report (ACFR) will be prepared and word processed by the audit firm. The ACFR will be in full compliance with all current GASB pronouncements. The audit firm will render their auditors’ report on the basic financial statements which will include both Government-Wide Financial Statements and Fund Financial Statements. The audit firm will also apply limited audit procedures to Management’s Discussion and Analysis (MD&A) and required supplementary information (RSI) required by the Governmental Accounting Standards Board as mandated by generally accepted auditing standards. 3. The Fillmore-Piru Memoria District audit results will be provided as a separate audited report address to the members of the Board of Directors. 4. When required, the audit firm will perform a single audit on the expenditures of federal grants in accordance with Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance)and render the appropriate audit reports on Internal Control over Financial Reporting based upon the audit of the City’s financial statements in accordance with Government Auditing Standards and the appropriate reports on compliance with Requirements Applicable to each Major Program, Internal Control over Compliance and on the Schedule of Expenditures of Federal Awards in Accordance with the provisions of the Federal Single Audit Act as amended, and U.S. Office of Management and Budget (OMB). The single audit report will include appropriate schedule of expenditures of federal awards, footnotes, findings and questioned costs, including reportable conditions and material weaknesses, and follow up on prior audit findings where required. 5. The audit firm shall perform agreed-upon auditing procedures pertaining to the City’s GANN Limit (Article XIIIB annual review of appropriations limit calculations) and render a letter annually to the City regarding compliance. 6. The audit firm will prepare the Annual Transactions Report to the State Controller’s Office for the City, the Fillmore Public Financing Authority, and the Fillmore-Piru Memoria District. Upon completed review by the City, the information shall be uploaded to the appropriate State of California report site by the auditor in preparation for the City to sign and submit the reports to the State of California. 7. The audit firm shall issue a separate “management letter” that includes recommendations for improvements in internal control, accounting procedures and other significant observations that are considered non-reportable conditions. Management letters shall be addressed to the City Manager. 8. The audit firm will be required to provide special assistance to meet requirements of the GFOA program, including preparing answers to all GFOA and/or CSMFO comments, if applicable. 9. Prepare a report communicating information related to the audit to those in charge of governance at the conclusion of the audits. 10. During the term of the agreement, it is expected that the auditor shall keep the City informed of new guidance and developments that may affect municipal accounting and finance
