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HomeMy WebLinkAbout03/26/2012 Committee Members: Staff: Steven Teglia Russell Johnson, Chair Assistant to the City Manager Sue Benham Ken Weir AGENDA SUMMARY REPORT REGULAR MEETING OF THE BUDGET AND FINANCE COMMITTEE Monday, March 26, 2012 12:00 p.m. City Hall North – Conference Room A 1600 Truxtun Avenue Bakersfield, CA 93301 The meeting was called to order at 12:16 PM 1. ROLL CALL Committee members present: Councilmember Russell Johnson, Chair Councilmember Ken Weir Committee members absent: Councilmember Sue Benham Staff present: Alan Tandy, City Manager Josh Rudnick, Deputy City Attorney Steven Teglia, Asst. to the City Manager Andrew Heglund, Deputy City Attorney Chris Huot, Administrative Analyst Richard Iger, Associate Attorney Nelson Smith, Finance Director Sandra Jimenez, Asst. Finance Director Randy McKeegan, Finance Supervisor Others Present:  Andy Paulden, BACPAS Kevin Holland, Chair Johnson’s Intern AGENDA SUMMARY REPORT Budget and Finance Committee Meeting Monday, March 26, 2012 Page 2 2. ADOPT FEBRUARY 27, 2012 AGENDA SUMMARY REPORT Adopted as submitted. 3. PUBLIC STATEMENTS None 4. NEW BUSINESS A. Discussion and Committee Recommendation Regarding Auditors Selection Process – Smith Finance Director Nelson Smith reported that every five years the City conducts an auditor’s selection process to review auditors and enter into a five year agreement with the auditor. The current process resulted in four firms submitting proposals; of which three of the four firms met the experience requirement to perform the City’s audit. The lowest bid received was from the local firm Brown Armstrong – Bakersfield, CA in the amount of $59,800. Committee member Ken Weir asked how many firms are sent the requests for proposals. Mr. Smith stated the request was posted on the City’s online vendor and bid management system. The local firms who have shown interest in the past were also contacted. Committee member Weir made a motion to recommend the lowest bid received to the full Council for approval. The motion was unanimously approved. 5. COMMITTEE COMMENTS None 6. ADJOURNMENT The meeting adjourned at 12:21 PM cc: Honorable Mayor and City Council