I.
REQUEST FOR PROPOSAL
As required by City Charter, the City of Wildwood is soliciting proposals to audit the City’s
financial statements for the fiscal year ending December 31, 2026, with the option for auditing
the City’s financial statements for up to three (3) additional years. A copy of the City’s
December 31, 2025 Annual Comprehensive Financial Report may be accessed on the City’s
website at https://www.cityofwildwood.com/DocumentCenter/View/11007/2025-ACFR-
Financial-Report-PDF. The City’s 2026 Municipal Budget may also be accessed on the City’s
website at https://www.cityofwildwood.com/DocumentCenter/View/10777/2026-Municipal-
Budget-PDF-.
Proposals which meet all the requirements of this request for proposal (RFP), must be received
by noon on Friday, September 25, 2026. Please email the proposals to Ronna Alaniz, Finance
Officer: ralaniz@cityofwildwood.com.
All questions regarding this Request for Proposal should be emailed by 4:00pm on Friday,
September 18, 2026 to:
Ronna Alaniz
Finance Officer
City of Wildwood
E-mail: ralaniz@cityofwildwood.com
Questions received will be answered and emailed to all those who are listed as having received
a Request for Proposal from the City.
II. GENERAL INFORMATION
A. Background
The City of Wildwood is a charter city created in 1995. Geographically, Wildwood is the
fourth largest city in the State of Missouri, covering approximately sixty-eight square
miles. The population in the 2020 census was 35,417.
The City of Wildwood has a Mayor and Council form of government with sixteen council
members. Daily operations are under the direction of a professional City Administrator.
Twenty-seven and one half (27.5) full-time equivalent employees currently staff the
Administration, Court, Planning, Parks, and Public Works Departments. Wildwood
provides police services through a contract with St. Louis County and contracts with
private companies for many public works activities. Fire and EMS services are provided
by separate fire districts.
The City of Wildwood’s motto is “Planning Tomorrow Today.” This statement recognizes
both the opportunities that are possible and the need to put the necessary ingredients in
place to plan and manage the future. To achieve this while maintaining a small government
and staff, the City contracts with qualified professionals for additional services.
B. Accounting
The City of Wildwood is fiscally conservative and financially sound. The audited General
Fund total fund balance as of December 31, 2025, was $20,022,618 and the original
General Fund expenditure budget for 2026 is $13,185,846. The City operates two (2)
Capital Improvement Funds; the Capital Improvement Sales Tax Fund and the Road and
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Request for Proposal
Professional Auditing Services
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Bridge Fund. The audited Capital Improvement Sales Tax Fund total fund balance as of
December 31, 2025 was $11,195,328. Budgeted revenues in 2026 equate to $5,030,600
and the original expenditure budget for 2026 is $5,010,000. The audited Road and Bridge
Fund total fund balance as of December 31, 2025 was $4,789,137. Budgeted revenues in
2026 equate to $3,130,500 and the original expenditure budget for 2026 is $3,035,000.
The City also maintains a Debt Service Fund that was established for the accumulation of
resources for, and payment of, general long-term debt associated with improvements to the
Town Center Sewage Expansion Neighborhood Improvement District. Financing for the
project was provided through the issuance of Neighborhood Improvement District (NID)
Limited General Obligation Bonds. The Town Center Neighborhood Improvement
District Limited General Obligation Bonds, Series 2012, were fully redeemed in 2023. The
City is currently completing the remaining financial and administrative activities
associated with the Town Center Sewer Fund, including the collection of delinquent NID
assessments and the return of excess funds to the appropriate property owners. The City
anticipates closing the fund upon completion of these remaining activities.
In addition, the City maintains five Special Revenue Funds.
• Fees collected and recorded in the East Traffic Generation Assessment Fund and
the West Traffic Generation Assessment Fund are used for the improvement of
roadways made necessary by specific developments.
• The Escrow Fund is used to account for reimbursable escrow monies collected for
permits and other refundable projects. Therefore, the City does not include the
Escrow Fund in its annual budget.
• The American Rescue Plan Act Fund is used to account for funds received from
the Federal Government and disbursed by the State of Missouri to the City of
Wildwood. The City has used these State and Local Fiscal Recovery Funds
(SLFRF) for eligible and authorized purposes under the American Rescue Plan
Act, including the expansion and improvement of internet service within the City
limits, as well as other eligible expenditures.
• The Deer Management Fund is used to account for funds committed by the City
Council to support expenses associated with the management of the deer
population within the City, including costs related to deer population control,
monitoring, management activities, and other authorized deer management
initiatives.
The City prepares its budget on a basis consistent with generally accepted accounting
principles. For budget purposes, encumbrances are treated as budgeted expenditures in the
year of the incurrence of the commitment to purchase.
The City has no component units. However, City Staff oversees a separate entity, the
Crossings Community Improvement District (CID). Audit proposals for the City should
not include audit fees for the CID. A separate RFP will be solicited for the CID at a later
date. The intent of the City is to select one firm to perform audit services for both the City
and the Crossing Community Improvement District.
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At present the fund structure of the City is as follows:
Fund Type
General Fund
Capital Projects Fund
Debt Service Fund
Special Revenue Funds
# of Funds
1
2
1
5
# of Funds with Legally
Adopted Budgets
1
2
1
4
The fiscal year for the City of Wildwood is the calendar year. The Finance Department
requires approximately 60 days to close the City’s books at the end of the fiscal year. Audit
work will be mutually scheduled. City staff will be available for any records and/or data
required to complete the audit firm’s report in an efficient and timely basis. The audited
financial statements must be submitted to the Missouri State Auditor’s Office by June 30th
of each year.
The City’s major sources of revenue include:
• Sales Tax (1% St. Louis County Pool Distribution)
• Public Safety Sales Tax (.50% - 3/8 retained by St. Louis County and 5/8
distributed to municipalities based on population).
• Utility Gross Receipts Tax (5%)
• Capital Improvement Sales Tax (.50%)
• Motor Fuel/Gas Tax
• Road and Bridge Tax
• Court Fines and Forfeitures
The City has no real estate or personal property tax.
III. AUDIT SERVICES REQUIRED
A. Scope of Services
The scope of work will be that deemed necessary by the auditors to examine the City’s
records sufficiently and express an opinion on the City’s financial statements. It shall
include:
• All tests and examinations necessary to express an opinion,
• Assistance in making accruals to adjust the financial statements to year-end
modified accrual basis,
• Performance of a Single Audit if necessary,
• Completion of all required reports as indicated in the “Required Reports” section
of this RFP in a timely manner.
B. Length of Engagement
Services shall begin with the audit of the City’s December 31, 2026 financial statements
with the option for auditing the City’s financial statements for up to three additional years.
Therefore, fees must be provided for engagements for audits for fiscal years 2026 through
2029.
C. Audit Standards
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