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Council approves multiyear contract with Price Page for finance services to fill vacant finance director duties
Summary
Council approved a three‑year, up‑to‑$726,535 contract with Price Page & Company to provide finance‑department services and special projects; staff said the contract will bridge gaps while the city recruits permanent staff.
The City Council unanimously approved a resolution authorizing expanded services from Price Page & Company for finance support, including acting finance‑director duties, monthly and quarterly reporting, audit preparation and other finance functions.
City Manager Chris Lopez presented the item as a temporary solution while the city continues to recruit permanent finance staff. Staff characterized the contract as focused on internal controls, reconciliations, monthly close procedures, external reporting and annual audit preparation. Lopez said the proposed contract structure would result in net savings compared with the combined cost of a filled in‑house finance director and the existing contract work.
Members of the public asked for transparency about the firm’s past work for the city and raised concerns about late audits in prior years; speakers urged the city to recruit a permanent finance director and to consider fresh outside firms where appropriate. Council discussion focused on the need for continuity in financial reporting and the difficulty of recruiting senior finance staff while the city stabilizes operations.
On a motion to approve, the council voted unanimously to adopt the resolution to contract with Price Page & Company for the first-year scope described in the staff report and to allow up to three years and two one‑year renewal options subject to future budget appropriations.
Ending: Staff will work with Price Page to implement the expanded services and will return to council as needed with budget adjustments and updates on recruitment for a permanent finance director.
