Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Audit Plan 2027 topic
No spam. Unsubscribe anytime.
Committee approves proposed fiscal 2027 annual audit plan
Summary
The Audit & Finance Committee voted to approve the proposed fiscal 2027 audit plan after a presentation by City Auditor Patrice Randall outlining planned operational, performance and compliance audits and the risk factors used to prioritize work. The transcript does not identify the motion mover or seconder by name.
Patrice Randall presented the proposed fiscal 2027 annual audit plan and described the types of audits the office plans to pursue, including operational and performance audits, compliance audits and follow‑ups. She said the office assessed risk factors such as liquidity, the potential for negative publicity, regulatory changes and time since the last audit in selecting topics. "The risk factors we took into consideration were liquidity of assets, potential for negative publicity, various types of changes, extent of laws and regulations, and time since our last audit and prior audit results," Randall said.
After brief committee discussion the chair called for a motion to approve the plan; the committee moved and seconded and approved the plan by voice vote. The transcript does not specify which committee member made the motion or who seconded it. The action was recorded in the meeting as approved.
