Item 4IM E M O R A N D U M
December 7, 2009
To:
Shana Yelverton, City Manager
From:
Sharen Jackson, Finance Director
Subject:
Resolution No. 09-079,Appointing members to Audit and
Finance Committee
Action
Requested:
Appointment of Audit and Finance Committee members.
Background
Information:
As you may recall, City Council approved Resolution No. 08-
008 on February 5, 2008 establishing the Audit Committee
and appointing committee members. The three committee
members appointed were Mayor Andy Wambsganss, Mayor
Pro Tem John Terrell and Councilmember Virginia Muzyka.
The City of Southlake Audit Committee is composed of three
council members appointed annually.
Audit and Finance Committee responsibilities include:
a. Meeting with the external auditor prior to the annual audit
to discuss scope and issues
b. A review of the preliminary audit before the audit is
presented to the City Council
c. Any other matters as may be determined by the City
Council and/or Audit and Finance Committee
Financial
Considerations:
There are no financial considerations relating to this agenda
item
Strategic Link:
F1 Achieve competitive financial benchmarks
Citizen Input/
Board Review:
Not Applicable
Legal Review:
Not Applicable
Alternatives:
None
Supporting
Documents:
Resolution No. 09-079
Staff
Recommendation:
Appoint 3 members to the Audit and Finance Committee
RESOLUTION NO. 09-079
A RESOLUTION OF THE CITY OF SOUTHLAKE, TEXAS,
APPOINTING MEMBERS TO THE COMMITTEE, AND PROVIDING AN
EFFECTIVE DATE.
WHEREAS
, the City Council of the City of Southlake, Texas (the “City”) is
ultimately responsible for the stewardship of the City’s funds; and
WHEREAS,
an annual audit is required by the City Charter; and
WHEREAS
, the Audit and Finance committee is composed of three council
members and their responsibilities include:
a. Meeting with the external auditor prior to audit to discuss scope and
issues;
b. A review of the preliminary audit before the audit is presented to the City
Council; and
c. Any other matters as may be determined by the City Council and/or Audit
Committee
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE CITY OF
SOUTHLAKE, TEXAS THAT:
Section 1.
The City Council hereby appoints the following council members to serve as
members of the Audit Committee. Appointments shall be made annually as a part of the
regular appointment process of the City’s boards and commissions.
1.
2.
3.
Section 3.
The City Council authorizes and directs that this action be made part of the
City’s permanent records.
Section 4.
This resolution shall become effective from and after the date of its passage.
PASSED AND APPROVED BY THE CITY COUNCIL OF THE CITY OF SOUTHLAKE,
TEXAS ON THIS THE DAY OF 2009.
APPROVED:
John Terrell, Mayor
ATTEST:
Lori A. Payne, City Secretary