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2 City of Pleasanton Financial Advisory Services Scope of Work The City of Pleasanton has requested financial advisory services during a transitional period in the leadership of the City’s Finance Department. Jessie Catacutan and Bill Zenoni will be the Project consultants. 1. Budget Preparation and Management: Assist in the development, implementation, and monitoring of the city's annual operating and capital budgets. This includes forecasting revenues, managing expenditures, and making adjustments as needed. 2. Financial Reporting: Assist in preparing and presenting regular financial reports to the City Council, City Manager, and other key stakeholders. Ensure compliance with Generally Accepted Accounting Principles (GAAP) and other regulatory standards. 3. Cash Flow and Investment Management: Review the city’s cash flow to ensure liquidity for operations and investing city funds in accordance with local laws and policies to maximize returns while minimizing risk. 4. Debt Management: Perform a high-level review of the city’s debt portfolio, including bond issuances, repayments, and refinancing strategies. Ensuring compliance with debt covenants and exploring financing options for city projects. 5. Audit Coordination: Assist in the city's annual external audit process and working with auditors to ensure accuracy and transparency in financial statements. Assist staff in addressing any findings or recommendations. 6. Internal Controls and Compliance: Ensure that proper financial controls are in place to safeguard city assets. This includes overseeing internal audits, fraud prevention, and compliance with local, state, and federal regulations. 7. Strategic Financial Planning: Provide long-term financial projections and analysis to support citywide strategic planning efforts. Advise the City Manager and City Council on the financial impacts of policy decisions. 8. Revenue Management: Review and advise on tax collection, fee assessments, and other revenue-generating activities. Reviewing revenue trends and recommending changes to taxes or fees as necessary as needed. 9. Policy Development: Assisting in the development and implementation of financial policies, procedures, and systems that promote sound financial management practices. 10. Provide Updates: Consultants will provide regular updates to the City Manager as needed. Docusign Envelope ID: BB02E47B-2673-409A-863F-19B5BA1FCF4C