Tustin
City Council
7. APPROVE AGREEMENT WITH DAVIS FARR LLP FOR INDEPENDENT
AUDIT SERVICES The City issued a Request for Proposal (RFP) for
professional auditing services and received eight proposals. The Audit
Commission appointed an Ad-Hoc Committee, consisting of Chair Lillyan
Chandler and Commissioner John Wende, to evaluate proposals from the
top ranked audit firms. On April 23, 2026, the Audit Commission received
feedback from the Ad Hoc Committee. After deliberation, the Audit
Commission recommended that the City Council approve a service
agreement with Davis Farr LLP as the City’s independent auditor.
Recommendation: Recommend the City Council: 1. Approve a
professional service agreement with David Farr LLP as the independent
certified public accounting firm to perform auditing services for three years
beginning with the fiscal year ending June 30, 2026, with the option of
providing the same services for two subsequent fiscal years. 2. Authorize
the City Manager or designee to execute necessary contract documents
and subsequent amendments with Davis Farr LLP subject to any non-
substantive modifications as may be deemed necessary and/or
recommended by the City Attorney. Fiscal Impact: The all-inclusive fee
proposed by Davis Farr LLP for the fiscal year ending June 30, 2026 is
$54,240. The Fiscal Year 2026-2027 proposed budget includes sufficient
funding to cover the scope of work associated with this agreement. Total
maximum cost over a five-year contract term (initial three years plus two
optional years if exercised) is $281,336 and will be incorporated in the
annual proposed budget for Council's consideration.