Goodyear City Council has taken a significant step towards enhancing financial oversight by approving the establishment of a city auditor position and an audit committee during their recent meeting. This decision aims to strengthen the internal audit program, which is crucial for ensuring transparency and accountability in city operations.
Finance Director Jared Askelson presented the proposal, highlighting the need for an internal auditing function that aligns with governmental standards. The newly appointed city auditor will report directly to both the city manager and the audit committee, ensuring independence and transparency in the auditing process. The auditor's responsibilities will include risk management, compliance with regulations, and the efficient use of city resources.
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Subscribe for Free The audit committee, composed of three council members—Hampton, McGillis, and Terry—will oversee the annual audit plan and monitor corrective actions resulting from internal audits. This committee replaces the previous audit subcommittee and will play a vital role in maintaining public access to audit reports.
To facilitate the hiring of the city auditor, the council approved a budget amendment reallocating $40,000 from existing funds. This move allows the recruitment process to begin immediately, with the goal of having the auditor in place within two months. The internal audit is expected to commence by summer, focusing on key processes that may require improvement.
Council members expressed strong support for the initiative, emphasizing the importance of internal audits in promoting operational integrity and aligning with industry standards. The establishment of this position is seen as a critical component of the city’s strategic plan, aimed at fostering continuous improvement within city departments.
With this new framework in place, Goodyear is poised to enhance its financial governance and ensure that city operations are conducted with the highest level of accountability. The council's proactive approach reflects a commitment to transparency and effective management of public resources.