Board approves 2025–26 audit contract; members debate rotating auditors
Summary
The board approved the fiscal-year 2025–26 audit contract to meet reporting deadlines while directors debated whether to solicit proposals and rotate audit partners per statute.
The Montecito Sanitary District board voted to approve the fiscal year 2025–26 audit contract, noting the need to keep the audit on schedule. Directors discussed auditor tenure, partner rotation and whether to issue an RFQ to solicit competitive bids for future audits.
One director referenced the statutory practice of rotating audit partners and noted, "The statute calls for changing your auditor either within the same firm or otherwise 6 every 6 years," as part of the rationale for periodically reviewing vendor relationships and considering alternatives. Finance-committee members said they will examine alternatives and return recommendations to the board.
Board members who praised the current audit noted it was handled professionally and that changing vendors too close to statutory deadlines could introduce risk; others said the finance committee should examine competitive alternatives and timing. The motion to approve the 2025–26 audit contract passed on a roll call vote.
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