Title
Discussion and Possible Action Regarding the Setup of the Annual Audit Committee
Requested Action
Creation of an Audit Committee
Recommendation
Staff recommends that the City Council of the City of Mansfield, Texas create an audit committee that would consist of the Mayor, Mayor Pro-Tem, and a rotating third member of the City Council.
Description/History
The audit committee would serve as a communication link between the City's external auditors and the City Council. The audit committee would also provide an independent audit reporting structure along with additional insight and transparency.
Justification
The audit committee would provide members of City Council to discuss any issues with the external auditors without the constraints of a public meeting.
Funding Source
N/A
Prepared By
Troy Lestina, Chief Financial Officer
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