PROFESSIONAL_SERVICESPENDING

City of South Pasadena Staff Report Consideration of Approval to Enter into an Agreement with NBS Government Finance Group for Library Special Tax Administration Services 2026-06-17

City Plans Library Special Tax Administration Contract With NBS

Not to exceed $47,500 (including $8,040 in FY 2026-2027 and $3,000 optional consulting)City of South PasadenaNBS GOVERNMENT FINANCE GROUPJune 17, 2026

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Description

The City of South Pasadena is considering a new Professional Services Agreement with NBS Government Finance Group to administer the Library Special Tax, including tax roll preparation, levy submission, and required reporting, for an amount not to exceed $47,500. The proposed contract runs for three years with two optional one-year extensions and includes CPI-based annual adjustments and optional consulting services.

Contract Details

Contract Amount

Not to exceed $47,500 (including $8,040 in FY 2026-2027 and $3,000 optional consulting)

Vendor

NBS GOVERNMENT FINANCE GROUP

Agency

City of South Pasadena, CA

Contract Type

PROFESSIONAL_SERVICES

Document Date

June 17, 2026

Contract Term

Three-year term with two optional one-year extensions (total potential term of five years)

Renewal Info

Agreement includes a three-year initial term with two optional one-year extensions, for a maximum five-year term, subject to City exercise of the options. Annual service fees after the first year are subject to Consumer Price Index-based increases.