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Committee discusses operationalizing audit committee for regular third-party reviews
Summary
Councilors discussed making the audit committee a more active oversight body for audits and third-party reviews, with plans to define structure and responsibilities this year.
CARMEL, Ind. — The Finance, Utilities and Rules Committee discussed March 11 how to make the council’s audit committee more structurally useful for regular third-party and internal audits.
Councilor Locke said the audit committee ordinance is underused and recommended formalizing a process for the committee to review audits, make findings and bring recommendations to the full council. He said a structured internal review and clearer reporting lines would help the council act promptly on any audit findings.
Committee members and staff agreed to develop an operational plan for the audit committee this year. Councilor Locke and staff said they will coordinate with administration and corporation counsel on design, scope and reporting expectations before returning to committee with a proposed structure.
No formal votes were recorded on the item; the committee moved on to a city-code review after the discussion.
