My WebLink
|
Help
|
About
|
Sign Out
Home
Browse
Search
11/20/17 City Council Agenda Packet
COE
>
City of Eugene
>
Public Meetings
>
CMO
>
2017
>
11-20-2017
>
11/20/17 City Council Agenda Packet
Metadata
Thumbnails
Annotations
Entry Properties
Last modified
11/17/2017 2:18:58 PM
Creation date
11/17/2017 2:17:31 PM
Metadata
Fields
Template:
City Council
City_Council_Document_Type
Agenda Packet
CMO_Meeting_Date
11/20/2017
CMO_Effective_Date
7/15/2016
There are no annotations on this page.
Document management portal powered by Laserfiche WebLink 9 © 1998-2015
Laserfiche.
All rights reserved.
/
37
PDF
Print
Pages to print
Enter page numbers and/or page ranges separated by commas. For example, 1,3,5-12.
After downloading, print the document using a PDF reader (e.g. Adobe Reader).
View images
View plain text
Centennial City, Colorado <br />Population is 110,000 City Budget is $86 million City Manager has executive authority <br />Contracted performance auditor works within a $296,000 budget <br />Centennial City, Colorado does not have any employees assigned to performance auditing. <br />Uniquely, it conducts all performance audits by contract as directed by an eight -member Audit <br />Committee. <br />DUTIES OF AUDITOR The duties are determined in each contract for an audit. <br />INDEPENDENCE An Audit Committee approves audit topics and directs the contracted <br />performance auditing process for Centennial City. The Audit Committee oversees the annual <br />financial audit required by City Charter in addition to other audit(s) that the City Council may <br />request pursuant to the authority in the Charter. <br />ACCESS TO INFORMATION Access is established in the contract for the audit. <br />ACCOUNTABILITY Performance standards are set in each contract. The Audit Committee <br />provides oversight and reviews audit findings prior to presenting them to the City Council. The <br />Audit Committee us comprised of the Mayor, one council member appointed by the City Council, <br />the City Manager, Finance Director, a staff member appointed by the Finance Director, the City <br />Attorney, and two city residents with relevant business experience appointed by the City Council. <br />FUNDING The City Council approves the audit budget. <br />OTHER UNIQUE PROVISIONS The usefulness of this model is limited, as $260,000 of the <br />city's $296,000 audit budget is directed to sales tax audits, which is not a significant source of <br />revenue for Eugene. <br />
The URL can be used to link to this page
Your browser does not support the video tag.