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REV: 08-25-2022 RL <br />Exhibit “A” <br />SCOPE OF SERVICES AND FEE <br />City will provide the following services for the fiscal year ending June 30, 2023: <br />Accounting and Financial Services: <br />Maintain bank and investment accounts and relationship with bank <br />Enter all documents into the financial software system, including, but not limited to, <br />accounts payable invoices, customer billing, cash receipts, and other related journal <br />entries <br />Process vendor invoices for payments and sign vendor disbursements <br />Deposit receipts and manage receivables <br />Input budget prepared by the Authority into the accounting system <br />Evaluate and implement internal financial controls <br />Review and recommend financial policies and procedures <br />Maintain and reconcile all general ledger accounts <br />Maintain fixed asset sub-ledger system <br />Manage bond accounts, and record and make scheduled bond payments <br />Recommend investment policies for consideration by the Authority Board of Directors on <br />an annual basis <br />Manage the investment of surplus cash and reserve funds <br />Provide detailed information as requested from Authority staff about vendor payment <br />issues, general ledger accounts, and related financial and accounting matters <br />On a routing or as-requested basis, provide detailed general ledger reporting <br />Provide read-only access to the financial software system to designated Authority staff <br />Financial Statements and Auditing: <br />Work with the audit firm to report audited financial results on a calendar basis <br />Manage the year-end audit process and prepare all work schedules as needed by audit <br />firm <br />Manage the selection process of the audit firm <br />Customer Support: <br />Provide advice on accounting and financial policies as requested by Authority staff <br />Provide proactive, cooperative, and friendly service to Authority staff <br />For the services outlined above, Authority will pay City the flat-rate Total Price (below) in four <br />equal quarterly installment, pursuant to invoices provided by the City. <br />FY 2022-23 <br />Accounti ng and Fi nanci al Se rvi ce s*129,259$ <br />Sof tware /Lice nse and IT Fe e s 1,500$ <br />Custome r Support Incl ude d <br />Total Pri ce 130,759$ <br />*Does not include estimated bank fees of $600/month. The Authority will pay actual fees <br />directly to bank vendor. <br />ATTY/AGR.2022-Amend No. 1/SBWMA (Page 4 of 5)