Agenda Item: Discuss and Consider the Selection of a Qualified Certified Public to Perform External Services on the Financial Statements of the Park Board of Trustees

Background:

The Park Board of Trustees requires the services of a Certified Public Accountant to perform audit services on its end of fiscal year financial statements. The three-year contract with the Park Board’s current external , Ham, Langston & Brezina, LLP ended September 30, 2018.

The Park Board issued an RFP on June 3, 2019 and received proposals from two CPA firms by the June 28, 2019 due date.

• Ham, Langston, & Brezina, LLP – Galveston • Weaver and Tidwell, LLP – Houston

Summary technical and cost proposal is attached.

Staff Recommendation:

Staff recommends the Park Board of Trustees approve the proposal for Certified Public Accountant Audit Services from Ham, Langston, & Brezina, LLP. This audit firm has a long history with the Park Board of Trustees and is familiar with its systems and financial structure.

This item was presented to the Finance and Operations Committee on August 7, 2019. The Committee approved the staff recommendation of approving the proposal from Ham, Langston and Brezina, LLP unanimously (5-0).

Park Board of Trustees - Request for Proposals - External Audit Services- 2019 Fee Quote Licensed to Professional Certified Public Accountant Independence Practice in Texas Experience CAFR Assistance

Weaver and Tidwell, LLP ✔ ✔ ✔ FY 2019 $ 60,392 $ 7,500 N/A 24 Greenway Plaza, Suite 1800 FY 2020 $ 61,600 $ 7,500 N/A Houston, Texas 77046 FY 2021 $ 62,830 $ 7,500 N/A

Ham, Langston & Brezina, LLP ✔ ✔ ✔ FY 2019 $ 65,000 $ 9,500 $ 5,000 1011 Tremont Street FY 2020 $ 65,000 $ 9,500 $ 5,000 Galveston, TX 77550 FY 2021 $ 65,000 $ 9,500 $ 5,000