Orange County NC Website
2 <br /> • Ensure timely and thorough responses to auditor requests <br /> • Maintain continuity of core financial operations <br /> • Strengthening internal controls and compliance throughout the engagement <br /> This resource-efficient strategy will enable us to manage workload fluctuations without the need <br /> for permanent staffing changes by supplementing this critical support during the audit period. The <br /> blended hourly rate is $145. <br /> FINANCIAL IMPACT: The $45,000 for this contract is already budgeted. There is no additional <br /> financial impact. <br /> ALIGNMENT WITH STRATEGIC PLAN: This item supports: <br /> • GOAL 6: DIVERSE AND VIBRANT ECONOMY <br /> OBJECTIVE 6. Review and revise County policies and regulations to support business <br /> investment in Orange County. <br /> RECOMMENDATION(S): The Manager recommends that the Board: <br /> 1) Approve the County entering into a contract with Vaco; LLC for Fiscal and Accounting <br /> support at a cost of $45,000; and <br /> 2) Authorize the County Manager to execute the contract, subject to final review by the County <br /> Attorney. <br />