The City is seeking proposals from qualified independent Certified Public Accounting firms to audit the financial records of the City and its component units for three fiscal years beginning June 30, 2008, with options for two one-year extensions. The audits are to be conducted in accordance with auditing standards generally accepted in the United States of America, Government Auditing Standards, issued by the Comptroller General of the United States and OMB Circular A-133, Audits of States, Local Governments, and Non-Profit Organizations and the procedures contained in the publication Guidelines for Compliance Audits of California Redevelopment Agencies (1996) as promulgated by the Controller of the State of California.