HomeMy WebLinkAboutFYE 06-30-2012-2013-and 2014 - Audit SvcsCITY OF PALM DESERT
Request:
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FINANCE DEPARTMENT
STAFF REPORT
Authorize White Nelson Diehl Evans, LLP to perform auditing services
for the Palm Desert Successor Agency for the fiscal years ending June
30, 2012, 2013 and 2014
Submitted by: Paul S. Gibson, Finance Director
Date
Contents
June 13, 2013
White Nelson Diehl Evans LLP correspondence
Recommendation
By Minute Motion, that the Agency Board authorize White Nelson Diehl
Evans, LLP to perForm auditing services for the Palm Desert Successor
Agency for the fiscal years ended June 30, 2012, 2013, and 2014.
Committee Recommendation
The Audit, Finance and Investment Committee was informed of the option to continue
the contract for the City of Palm Desert and its entities, including the Palm Desert
Successor Agency, at its March 27, 2012 meeting, and recommended at that time that
City Council authorize the firm to perform the contracted auditing services for the fiscal
years ending June 30 2012, 2013, and 2014.
Backqround
On April 12, 2012, the City Council authorized White Nelson Diehl Evans, LLP to
perform auditing services for the City, the Housing Authority's apartment complexes,
Desert Willow and the City's office complex. In addition, they perform reviews on Waste
Management, Time Warner Cable, and various hotels on behalf of the City. Staff finds
that White Nelson Diehl Evans, LLP has a professional staff that is knowledgeable in
the accounting arena and feels comfortable in calling them when an accounting
question arises.
While the service was approved, it was not expressly taken to the Agency Board for
specific approval. Staff requests that the Agency Board authorize White Nelson Diehl
Evans, LLP to perform auditing services for the Successor Agency for the fiscal years
ending June 30, 2012, 2013, and 2014.
Staff Report
Continuation of Contract No. C27540 — White Netson Diehl Evans, LLP
June 13, 2013
Page 2 of 2
Fiscal Impact
Funds are budgeted in the appropriate fiscal year budgets.
Submitted By: p roved by:
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Pau� S. Gibson, Director of Finance John M. ohlmuth, City Manager
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April 19, 2013
Mr. Paul Gibson
Director of Finance
City of Palm Desert
73-510 Fred Waring Drive
Palm Desert, CA 92260
Dear Mr. Gibson:
2013
$ 4,000
Our engagement letter dated April23, 2012 provides for an audit fee of $22,026 to audit the
Redevelopment Agency/Successor Agency to the Palm Desert Redevelopment Agency (the Successor
Agency) for the year ending June 30, 2013.
The audit fee of $22,026 is separated into three components:
(a) Palm Desert Housing Authority
(b) Palm Desert Housing Authority
(c) Audit of Successor Agency's transactions for inclusion in
the City's CAFR
• 111
12.026
22 026
(a) Audit of the Palm Desert Housing Authority accounting records located in Lodi, California.
(b) Compliance testing for 100 tenant fles of the Palm Desert Housing Authority.
(c) Audit of the activity of the Successor Agency's financial transactions for fiscal year 2013 for
inclusion in the CAFR of the City of Palm Desert, and additional audit work for the separate audit
of the Successor Agency.
1
2875 l��Sichelle Drive, Suite 30Q Irvine, CA 92C06 • Tel: 714.9?8.1300 • Fax: 714.978.7893
O ffice.r located in Orange and San Diego Coatntie,r
Mr. Paul Gibson, Director of Finance
City of Palm Desert
April 19, 2013
Page 2
Our procedures for the Successor Agency audit will include:
• Audit the balances reported for cash, investments, receivables, payables, capital assets and long
term liabilities as of end of the year.
• Review the activity reported on ROPS.
• Review the activities of the Successor Agency to ensure compliance with AB 26 and other
relevant legislation enacted.
• Preparation of a separate financial statement for the Successor Agency.
If you have any questions, please let us know.
Very truly yours,
WHITE NELSON DIEHL EVANS LLP
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Nitin P. Patel, CPA
Engagement Partner