Newport Beach

City Council

June 23, 2026 Item #14

Agenda Item 14

14. Approval of Professional Services Agreement with Davis Farr LLP for\nProfessional Audit Services\na) Determine this action is exempt from the California Environmental Quality Act\n(CEQA) pursuant to Sections 15060(c)(2) and 15060(c)(3) of the CEQA Guidelines\nbecause this action will not result in a physical change to the environment, directly or\nindirectly; and\nb) Authorize the Mayor and City Clerk to execute a three-year Professional Services\nAgreement with Davis Farr LLP for Professional Audit Services for a not-to-exceed\namount of $401,674 to perform the City’s annual financial statement audit.\nStaff Report\nAttachment A -Agreement with Davis Farr LLP