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File #: O-45-20    Version: 1 Name:
Type: Ordinance Status: Public Hearing
File created: 10/16/2020 In control: City Council
On agenda: 11/23/2020 Final action:
Title: Audit Committee - For the purpose of clarifying the responsibilities of the audit committee members; specifying reporting requirements; providing for external and internal reporting services; providing program metrics, measurements, and evaluation; and generally relating to the audit committee.
Sponsors: Fred Paone, Elly Tierney
Indexes: Rules and City Government Committee
Attachments: 1. O-45-20 Audit Committee First Reader.pdf, 2. O-45-20 Staff Report.pdf, 3. O-45-20 Fiscal Impact Note
Title
Audit Committee - For the purpose of clarifying the responsibilities of the audit committee members; specifying reporting requirements; providing for external and internal reporting services; providing program metrics, measurements, and evaluation; and generally relating to the audit committee.
Body
CITY COUNCIL OF THE
City of Annapolis

Ordinance 45-20

Introduced by: Alderman Paone
Co-sponsored by: Alderwoman Tierney

Referred to
Rules and City Government
90 day Rule:___________

AN ORDINANCE concerning

Audit Committee

FOR the purpose of clarifying the responsibilities of the audit committee members; specifying reporting requirements; providing for external and internal reporting services; providing program metrics, measurements, and evaluation; and generally relating to the audit committee .

BY repealing and re-enacting with amendments the following portions of the Code of the City of Annapolis, 2020 Edition
2.48.400
2.48.410
2.48.420

BY repealing the following portion of the Code of the City of Annapolis, 2020 Edition
2.48.430

BY adding following portions to the Code of the City of Annapolis, 2020 Edition
2.48.430
2.48.440
2.48.450


SECTION I: BE IT ESTABLISHED AND ORDAINED BY THE ANNAPOLIS CITY COUNCIL that the Code of the City of Annapolis shall be amended to read as follows:

Title 2 - ADMINISTRATION
Chapter 2.48 - BOARDS, COMMISSIONS, AND COMMITTEES
Article XV - Audit Committee

Section 2.48.400 - Composition.

A. The Audit Committee shall consist of three Alderpersons, three volunteer civiliansAPPOINTED CITIZENS and one member ofSELECTED BY the Financial Advisory Commission FROM AMONG ITS MEMBERSHIP. THE APPOINTED CITIZENS SHALL HAVE EXPERIENCE IN ONE OR MORE OF THE FOLLOWING AREAS: MUNICIPAL FINANCE; CITY OPERATIONS; OR FINANCIAL REPORTING, ACCOUNTING, AND AUDITING. THE AUDIT COMMITTEE SHALL REPORT TO THE CITY COUNCIL. who have financial reporting, audit committee or auditing experience. Th...

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