REPORT TO THE CITY COUNCIL
FROM: SANTINO DANISI, MBA,
City Controller/Finance Director
SUBJECT
Title
Actions pertaining to an agreement with Price Paige & Company, Certified Public Accountants, LLP for professional consulting services to support completion of monthly bank reconciliations for the 2022/23 fiscal year:
1. Affirm the City Manager's determination that Price Paige & Company, Certified Public Acountants, LLP is uniquely qualified to provide services to assist with monthly bank reconciliations.
2. Approve an agreement with Price Paige & Company, Certified Public Accountants, LLP in an amount not to exceed $120,000 to provide assistance and consulting services to complete bank reconciliations for the 2022/23 fiscal year.
Body
RECOMMENDATION
Staff recommends Council affirm the City Manager's determination that Price Paige & Company Certified Public Accountants, LLP is uniquely qualified to provide support and consulting services to assist with monthly bank reconciliation completion for the 2022/23 fiscal year; and approve a consulting agreement in the amount not to exceed $120,000 for their services.
EXECUTIVE SUMMARY
The Finance department is seeking services to support and assist with bank reconciliation tasks needed to finalize close-out for the 2022/23 fiscal year. Due to the limitations of the currently developed Tyler-Munis financial system and its ability to complete the bank reconciliation process, the City is in need of assistance to complete these tasks. Staff recommends approval of the consulting agreement with Price Paige & Company, Certified Public Accountants, LLP in an amount not to exceed $120,000 to provide the guidance and assistance needed to complete these tasks.
BACKGROUND
Beginning with the 2022/23 fiscal year, the City of Fresno transitioned to a new financial system with Tyler-Munis. The Tyler-Munis system was to include capabilities to process monthly bank reconciliation tasks needed. These tasks are critical...
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