District Approves Five-Year Tax Revenue Audit Agreement
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Description
The Lakeside Fire Protection District Board approved Resolution 26-013 authorizing a five-year agreement with HdL Coren & Cone for tax revenue audit, forecasting, and financial oversight services. The contract includes a $22,130 annual fee with CPI adjustments and a 25% contingency on first-year recovered misallocated tax revenues, with a 45-day termination clause.
Contract Details
Contract Amount
Annual fee of $22,130.00 plus 25% of first-year recovered misallocated tax revenue
Vendor
HDL COREN & CONE
Agency
Lakeside Rural Fire Protection District, OR
Contract Type
FINANCIAL_SERVICES
Document Date
March 10, 2026
Contract Term
5-year agreement with a 45 day exit clause without cause
Renewal Info
Initial 5-year term with a 45-day without-cause termination (exit) clause; annual fee subject to California CPI increases and contingency-based revenue sharing in the first year of any audit recovery.
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