You are invited to submit a proposal for furnishing independent audit services to the County of Sacramento (County). The purpose of these audit services will be:

To express an opinion on the fairness of the presentation of the County’s basic financial statements and the combining and individual fund financial statements as included in the County’s Annual Comprehensive Financial Report (ACFR) in accordance with generally accepted accounting principles for the fiscal years ending June 30, 2024, 2025, and 2026. The auditor will not be required to audit the introductory or the statistical sections of the report.

To perform a Single Audit under 2 Code of Federal Regulations (C.F.R.) Section 200, OMB Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance) and to submit to the County a report on internal control advising of opportunities observed during the audit for improvements in internal control, as well as any material weaknesses identified as a result of understanding and assessing the control risk.

To perform a review of the County’s Appropriations Limit (GANN Limit) set by Article XIIIB of the State Constitution (Proposition 111).

To express an opinion on the fairness of the presentation of the following entities financial statements: Sacramento County Public Financing Authority, Tobacco Securitization Authority, Sacramento County Tobacco Securitization Corporation, First 5 Commission, Sacramento Central Groundwater Authority, SacSewer, Northern California Sanitation Agencies Financing Authority, Capital Southeast Connector JPA, South Sacramento Conservation Agency, the Sacramento Area Flood Control Agency, and the Metro Air Park Enhanced Infrastructure Financing District Public Financing Authority, who will also require all the elements included above, as these entities are not part of the County’s reporting entity. SacSewer and the Sacramento Area Flood Control Agency each may require a Single Audit according to 2 C.F.R Section 200 OMB Uniform Guidance.

Provide Independent Accountant’s Report for the District Attorney’s Office Department of Insurance grants (Automobile Insurance Fraud Program, Organized Automobile Fraud Activity Interdiction “Urban Grant”, and the Worker’s Compensation Insurance Fraud Program).

Perform quarterly agreed upon procedures related to Treasury Operations prepared in accordance with Government Code Section 26920.

Provide Independent Accountant’s report on management’s assertion that the County of Sacramento Treasurer complied with the investment requirements presented in Article 6 Sections 27130 through 27137 of the California Government Code, the Sacramento County Annual Investment Policy for the Pooled Investment Fund, and the Governing Investment Policy for the Non-Pooled Investment Fund.

The Sacramento County Department of Airports requires a separate auditor’s report pertaining to compliance with requirements and internal controls associated with the Passenger Facility Charge program.

Provide Independent Auditor’s Reports on Compliance with Bond Covenants for Sacramento County Airport System Enterprise Fund, Water Agency Enterprise Fund, SacSewer, and Laguna Stonelake Community Facilities District No. 1.

Perform a peer review of the Department of Finance, Auditor-Controller Division, Internal Audits Unit function as required by generally accepted governmental audit standards for the three-year period ending June 30, 2024.

Prepare and electronically file Tax Forms 990 and 199 for both the Sacramento County Tobacco Securitization Corporation and the Sacramento Public Facilities Financing Corporation.

Perform consent reviews and provide comfort letters relating to current and future financing arrangements by the County.

We are requesting each firm provide the Department of Finance, Auditor-Controller Division, with one proposal. Section VI – Proposal Requirements, addresses the required items and inclusions for submitting a proposal. As outlined in “A”, Item 15, each proposal should include, but not be limited to, a bid for PART ONE through PART EIGHT for fiscal years ending June 30, 2024, 2025 and 2026. The required forms to include with your submission are identified in Attachment 3, Schedule of Estimated Hours and Maximum Fees for fiscal years ending June 30, 2024, 2025, and 2026.

Sacramento County is a Charter County. The Governing body is a five-member Board of Supervisors. The Board is responsible for the executive and legislative activities of the County. A County Executive is appointed by and reports to the Board. Organizational units of county government are under the direction of elected officials or appointed Department/Agency heads.

The Director of Finance, an appointed official, reports to the Deputy County Executive, Administrative Services of the County. Accounting records for the County and financial statements for the Annual Comprehensive Financial Report (ACFR) are maintained and prepared by the Department of Finance, Auditor-Controller Division. Financial Statements for the Sacramento Area Flood Control Agency, South Sacramento Conservation Agency, Sacramento County Public Financing Authority, Tobacco Securitization Authority, First 5 Commission, Sacramento County Tobacco Securitization Corporation, Capital Southeast Connector JPA, and Metro Air Park Enhanced Infrastructure Financing District Public Financing Authority are prepared by County Department of Finance staff. Financial statements for the Sacramento Central Groundwater Authority are prepared by the Department of Water Resources. Financial statements related to SacSewer and the Northern California Sanitation Agencies Financing Authority are prepared by the Sewer District. Financial Schedules for the District Attorney’s Department of Insurance grants are prepared by District Attorney staff. Financial statements for the Capital Southeast Connector JPA are contracted out by staff of the connector JPA.

In past years, the County’s financial statements have been audited by independent public accounting firms. A copy of the ACFR for the fiscal year ended June 30, 2023, and Single Audit for the fiscal year ended June 30, 2022 (2023 audit in progress), can be found at:

http://www.finance.saccounty.net/AuditorController/Pages/AcctGeneral.aspx.

The following documents will be furnished to the Proposer upon request: Single Audit Report, Management Letter, and GANN Appropriations Limit report. In addition, Sacramento County Public Financing Authority, Tobacco Securitization Authority, Sacramento County Tobacco Securitization Corporation, Treasury Oversight Committee, First 5 Commission, District Attorney Department of Insurance grants, Sacramento Central Groundwater Authority, Sacramento Flood Control Agency, SacSewer, the Capital Southeast Connector JPA, have previously been audited by independent public accounting firms resulting in unqualified opinions. Copies of the above mentioned financial statements may be obtained by emailing finance-director@saccounty.gov.

Fiscal Year 2023-24 will be the first year that the Metro Air Park Enhanced Infrastructure Financing District Public Financing Authority will be audited. Formation Documents may be made available upon request.

The County of Sacramento adheres to the accounting principles, standards, and procedures prescribed by the State Controller’s Office as set forth in its manual Accounting Standards and Procedures for Counties which, in turn, conforms to the generally accepted accounting principles prescribed by the Governmental Accounting Standards Board (GASB).

Procurement Portal

County of Sacramento

Procurement Portal