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City council approves sole‑source engagement with Grant Thornton for $100,000 budget risk review
Summary
The City of Orange authorized staff to pursue a sole‑source agreement with Grant Thornton to perform an eight‑week budget risk and economic opportunities review, a focused alternative the firm said would cost about $100,000 and aim to identify revenue and expense actions to restore long‑term fiscal balance.
The City Council voted unanimously to direct staff to pursue a sole‑source agreement with Grant Thornton for a budget risk and economic opportunities advisory engagement.
Grant Thornton representatives told the council they reviewed several options — a traditional financial statement audit (already in place), a full citywide organizational audit (estimated $300,000–$350,000) and a forensic investigation (starting around $500,000 to over $1 million). They…
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