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LTC 248-2018 Audit CommitteeMIAMIBEACH OFFICE OF THE CITY MANAGER LTC# 248-2018 TO: Mayor Dan Gelber and Members of e City Co Gf mission FROM: Jimmy L. Morales, City Manager DATE: May 2, 2018 SUBJECT: Audit Committee The Audit Committee would like you to be aware of the following 2018 meeting: LETTER TO COMMISSION motion that was approved at their May 2, Motion 1: Giving the emphasis on the elimination of fraud, waste, and abuse; in addition to the creation of the Inspector General function; and, after careful review of the risk assessment matrix, and current workload in the Internal Audit Department causes immediate concern, the Audit Committee strongly recommends that a minimum of one additional position be added to Internal Audit function to focus on contract compliance which should be revenue neutral to the City. Motion Passage: Votes 5-0 Motion by: Ronald Starkman Seconded by: Deede Wheithorn C: Mark Coolidge, Interim Internal Auditor John Woodruff, Finance Director MC/ea