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Council authorizes independent financial consulting engagement to implement audit recommendations
Summary
Following audit findings and council concerns about controls and documented procedures, council approved engaging a consulting firm to review accounting practices, internal controls and draft needed policies and procedures to strengthen financial management.
Council voted to hire an independent financial consulting firm to review Glenn Heights’ accounting practices, internal controls and compliance and to draft policies such as capitalization and investment policies, monthly/year-end close checklists and written procedures to support staff succession.
Councilmember Shontay Allen, citing an audit that identified late reports and gaps in written procedures, pressed for action: "Receiving the report is more than a routine action... we need to move on that," she said. The council treated the engagement as a professional service (not requiring an RFP) and approved the staff recommendation; the consultant described the engagement as a comprehensive review of internal controls and reporting procedures and will produce findings and recommendations for council.
