FULLERTON (ORANGE COUNTY)local legislationAgenda Ready

City Contract for Financial Audit and Budget Analysis Services

Original title: PROFESSIONAL SERVICES AGREEMENT WITH GRANT THORNTON ADVISORS LLC FOR FINANCIAL AUDIT, BUDGET ANALYSIS, AND RELATED ADVISORY SERVICES

May 5, 2026

city budget financial audit professional services government contracts

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The Frame

What this does

This agreement authorizes the expenditure of city funds for external financial oversight and advisory services, which impacts how the city manages its budget and financial reporting.

Who is mentioned in the record

Potentially affected actors named in the source documents. Mention is not a position.

Grant Thornton Advisors LLC

The firm is the proposed service provider for the city's financial audit and budget analysis.

City Residents

Residents are affected by the use of city funds for external financial advisory and audit services.

What changed

Last recorded activity May 5, 2026.

What's next

Next step not available in the current record.

Summary

The City Council is considering a with Grant Thornton Advisors LLC to conduct financial audits and provide budget analysis for the city, the , and the Housing Authority.

Key Facts

The City Council is reviewing a professional services agreement with Grant Thornton Advisors LLC.
The scope of work includes financial audits, budget analysis, and related advisory services.
The agreement covers services for the City Council, the Successor Agency, and the Housing Authority.
The item is currently designated as 'Agenda Ready' and is listed under the 'Consent Calendar'.
The file number for this legislative action is 26-0178.

Why It Matters

This agreement authorizes the expenditure of city funds for external financial oversight and advisory services, which impacts how the city manages its budget and financial reporting.

Frequently Asked Questions

What is the purpose of this agreement?

The agreement is to hire Grant Thornton Advisors LLC to perform financial audits and provide budget analysis for the city and its associated agencies.

Which city entities are involved in this contract?

The contract covers the City Council, the , and the Housing Authority.