Financial Reporting Requirements

The City of Homestead has awarded a contract to Cherry Bekaert Advisory LLC for financial reporting requirements, specifically Governmental Accounting Standards Board (GASB) "GASB-as-a-Service" technical accounting and consulting services. The contract is for a period of one year, starting from April 7, 2025, and ending on April 6, 2026. The services will be performed remotely, with possible travel to the City of Homestead and related areas, subject to approval. The contract has a budget of $40,000. Key aspects of the contract include: • Provision of GASB-as-a-Service technical accounting and consulting services • Performance of services remotely, with possible travel to the City of Homestead and related areas • Budget of $40,000 • Contract period of one year, starting from April 7, 2025, and ending on April 6, 2026 • Hourly rates for consulting services, ranging from $165 to $295, depending on the experience level of the personnel assigned.