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Administrator reports FY26 finances; staff recommends Mauldin & Jenkins for county audit
Summary
Administrator Sabrina presented March FY26 financials showing $23.2 million revenue year‑to‑date and $18.3 million expenditures, described grant reimbursements and vendor payments, and recommended awarding a three‑year audit contract to Mauldin & Jenkins after a formal RFP produced one qualified proposal.
Hampton County’s administrator delivered a March 2026 fiscal update at the April 20 council meeting and recommended the county hire Mauldin & Jenkins for its three‑year external audit engagement.
Administrator Sabrina told the council the FY26 budget is $24.4 million. Through March 31 the county had year‑to‑date revenues of $23.2 million and year‑to‑date expenditures of $18.3 million, with unrestricted cash of $1.4 million and restricted cash of $1.1 million. She listed major vendor payments and grant reimbursements, including a $700,000 Commerce grant payment received in January, a final payment of $357,000 to Landmark Construction and other reimbursements under EDA grants pending in 30 to 60 days.
Sabrina said the county submitted a formal RFP for audit services and closed the solicitation April 13; the county received one responsive proposal from Mauldin & Jenkins. Staff recommended awarding the three‑year engagement to Mauldin & Jenkins on the basis of procurement compliance, the firm’s experience with governmental single audits, and to avoid audit‑transition risk. The proposed fees presented to council were $51,000 for year one (including $6,000 for single‑audit work), $52,250 for year two and $53,500 for year three.
Sabrina told the council Hampton County is required to undergo a single audit when federal awards expended exceed $1 million, citing the Single Audit Act and Uniform Guidance (2 CFR Section 200.501A). Staff said accepting a single qualified proposal is allowable when procurement requirements are met.
Council did not take a formal final vote to award the contract at the meeting; staff said they would present the RFP details and seek formal approval at a subsequent meeting.
What’s next: Council will receive the RFP response details and a formal contract award will be scheduled for a future session if members approve the recommendation.
