PROFESSIONAL_SERVICESAPPROVED

City of Texarkana Board of Directors Meeting Agenda May 4, 2026

Board Approves 2025 Audit Contract With Forvis Mazaars

$127,000 plus $3,000 for lease/SBITA testing and $8,000–$10,000 for one major program (total expected about $138,000–$140,000)Housing Authority of the city of TexarkanaFORVIS MAZAARS LLPMay 4, 2026

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Description

The Texarkana, Arkansas Board of Directors approved a 2025 audit engagement with Forvis Mazaars, LLP to audit the City and Bi-State Justice Center and prepare the Annual Comprehensive Financial Report. The one-year professional services contract is valued at roughly $138,000–$140,000 including base audit work, lease/SBITA testing, and a major federal program audit.

Contract Details

Contract Amount

$127,000 plus $3,000 for lease/SBITA testing and $8,000–$10,000 for one major program (total expected about $138,000–$140,000)

Vendor

FORVIS MAZAARS LLP

Agency

Housing Authority of the city of Texarkana, AR

Contract Type

PROFESSIONAL_SERVICES

Document Date

May 4, 2026

Contract Term

One-year engagement for audits of year ended December 31, 2025

Renewal Date

2026-12-31

Renewal Info

One-year engagement for the 2025 audit period with a 3% fee increase over the prior year; any future audits would require separate approval or a new engagement letter.