To review and advise the Council on all matters related to the audit. Among these will be:
Assuring itself that the auditor selected is both independent and competent.
Meeting with the chosen auditor in advance of the audit to recommend the proper scope of the audit.
Examine the control weaknesses discovered during the audit and reported in the audit findings and in the auditor’s management letter.
Satisfy itself that management has taken the appropriate actions to correct any deficiencies discovered during the audit.
Accept other financially related assignments as given by the Council.
Membership: Three members of the Council and two citizens.
Terms: Two years coincidental with the Councilors’ term of office.
Chair: Appointed by the Mayor to serve a two year appointment.
Term Of The Committee: Until dissolved by Council.