Consent-General Government # 21.
Board of Supervisors
Financial Services
- Meeting Date:
- 12/09/2025
- Brief Title
- First Amendment to Agreement with LSL for Financial Auditing Services
From:
Tom Haynes, Chief Financial Officer, Department of Financial Services
Staff Contact:
Tom Haynes, Chief Financial Officer, Department of Financial Services, x8162
Supervisorial District Impact:
Countywide
Subject
Approve first amendment to Agreement No. 24-129 with Lance, Soll & Lunghard, LLP (LSL) to increase the maximum compensation by $50,000 for additional financial auditing services. (Potential general fund impact) (Haynes)
Recommended Action
Approve first amendment to Agreement No. 24-129 with Lance, Soll & Lunghard, LLP (LSL) to increase the maximum compensation by $50,000 for additional financial auditing services.
Strategic Plan Goal(s)
.png) |
Operational Excellence |
 |
In Support of All Goals (Internal Departments Only) |
Reason for Recommended Action/Background
In May 2024, the County executed an agreement with Lance, Soll & Lunghard, LLP (LSL) for financial auditing services. The agreement is for three years, with two one-year options to extend. LSL was selected through a competitive solicitation, with staff members from the Health & Human Services Agency and Internal Audit division, and a public member of the Financial Oversight Committee, serving on the selection committee.
The scope of work in the agreement includes required Basic Services and optional Additional Services. The Basic Services include audit of the County’s financial statements, audit of the County’s Schedule of Federal Financial Assistance (Single Audit), quarterly audits of the County Treasury and other related services. The optional Additional Services include preparation of the County’s financial statements, assistance with applying for the Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting, and other audit or accounting services.
The total not-to-exceed amount of the agreement is $495,501 for the three-year period, or $847,681 if both option years are exercised. These not-to-exceed amounts provide for the Basic Services and optional preparation of the County’s financial statements, but does not provide for any other Additional Services. The Department of Financial Services has the potential need to engage LSL for other Additional Services, including assistance with applying for the GFOA Certificate of Achievement for Excellence in Financial Reporting and performing audits of behalf of certain special districts in accordance with Government Code § 26909. As such, it is recommended that the agreement with LSL be amended to increase the not-to-exceed amount by $50,000 to provide for these Additional Services.
The scope of work in the agreement includes required Basic Services and optional Additional Services. The Basic Services include audit of the County’s financial statements, audit of the County’s Schedule of Federal Financial Assistance (Single Audit), quarterly audits of the County Treasury and other related services. The optional Additional Services include preparation of the County’s financial statements, assistance with applying for the Government Finance Officers Association (GFOA) Certificate of Achievement for Excellence in Financial Reporting, and other audit or accounting services.
The total not-to-exceed amount of the agreement is $495,501 for the three-year period, or $847,681 if both option years are exercised. These not-to-exceed amounts provide for the Basic Services and optional preparation of the County’s financial statements, but does not provide for any other Additional Services. The Department of Financial Services has the potential need to engage LSL for other Additional Services, including assistance with applying for the GFOA Certificate of Achievement for Excellence in Financial Reporting and performing audits of behalf of certain special districts in accordance with Government Code § 26909. As such, it is recommended that the agreement with LSL be amended to increase the not-to-exceed amount by $50,000 to provide for these Additional Services.
Collaborations (including Board advisory groups and external partner agencies)
County Counsel reviewed the amendment as to form.
Competitive Bid Process/Vendor Performance
LSL was selected through a competitive solicitation, with staff members from the Health & Human Services Agency and Internal Audit division, and a public member of the Financial Oversight Committee, serving on the selection committee.
Fiscal Impact
Fiscal impact (see budgetary detail below)
Fiscal Impact (Expenditure)
- Total cost of recommended action:
- $ 50,000
- Amount budgeted for expenditure:
- $ 0
- Additional expenditure authority needed:
- $ 0
- One-time commitment:
- Yes
Source of Funds for this Expenditure
- Various Funding Sources
- $50,000
Further explanation as needed:
The cost for any of the potential Additional Services will be absorbed within the 2025-26 budget for the Department of Financial Services, or will be included in the budget in future years. Audits performed on behalf of special districts will be paid for by the district.
Attachments
Form Review
| Inbox | Reviewed By | Date |
|---|---|---|
| Tom Haynes | Tom Haynes | 12/01/2025 01:36 PM |
| Financial Services (Originator) | Tom Haynes | 12/01/2025 01:36 PM |
| County Counsel | Hope Welton | 12/01/2025 01:38 PM |
| Kimberly Hood | Kimberly Hood | 12/02/2025 09:22 AM |
| Cindy Perez | Cindy Perez | 12/02/2025 11:25 AM |
- Form Started By:
- Tom Haynes
- Started On:
- 11/05/2025 09:29 AM
- Final Approval Date:
- 12/02/2025