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Finance committee recommends three-year audit contract with Smith & Newell CPAs
Summary
The committee recommended the Board authorize the General Manager to enter into an agreement with Smith and Newell CPAs to conduct audits of the district’s financial statements for fiscal years ending June 30, 2025, 2026 and 2027.
The Hidden Valley Lake CSD Finance Committee reviewed a proposal from Smith and Newell CPAs to perform external financial statement audits for the fiscal years ended June 30, 2025, 2026 and 2027. After review, the committee recommended that the Board authorize the General Manager to enter into the audit engagement agreement.
The proposal and committee recommendation were placed on the record for Board consideration. The transcript does not specify the proposed fee or contract terms; the committee’s recommendation asks the Board to authorize the General Manager to finalize the agreement if the Board concurs.
