2025 Agendas & Minutes

The Purpose and Duties of the Audit Advisory Board:

1. Advise the City Commission regarding the appointment, compensation and retention of independent auditor selected by the City to prepare or issue and audit report or perform other audits or attesting services for the City and to oversee such services.

2. To evaluate annually the independent auditor's qualifications, performance and independence taking into consideration the opinion of City management and the Internal Audit Director.

3. To review the draft annual audited financial statements including Management's Discussion and Analysis of Financial Condition and Results of Operations and discuss with management and the independent auditor with management and the independent auditor prior to filing of the Comprehensive Annual Financial Report.

4. To review the independent auditor's annual management letter of recommendations to the City Manager and City Commission regarding appropriate response and resources to address audit findings. 

5. To review the reports of the Internal Audit Director with responses from management and annual and interim planned work activities and advise the City Commission regarding the Adequacy of staffing and other resources to accomplish the overall scope and plans for internal audits.

6. To review the City's compliance with legal and regulatory requirements related to revenues, expenditures, assets, liabilities and any other financial matters.

7. To review the City's Mayor financial risk exposures and the steps taken to monitor and control such exposures.

The Audit Advisory board is right for you if are knowledgeable and passionate about the duties and purposes described above. If you are interested in becoming an Audit Advisory board member and to view the board's legislation, please go to the Board Details Page.