TO: Mayor and Members of City Council
THRU: Dr. Douglas J. Hewett, City Manager
FROM: Rose Rasmussen, CIA, CFE, Internal Audit Director
DATE: January 12, 2026
RE:Title
Accept the Audit Committee Annual Report to City Council
Title
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COUNCIL DISTRICT(S):
Council District(s)
All Districts
b
Relationship To Strategic Plan:
Goal 5: Financially Sound City Providing Exemplary City Services.
Executive Summary:
City Council established the Audit Committee as an advisory committee whose primary purpose is to assist the City Council in fulfilling its oversight responsibilities for the overall stewardship of the City’s financial affairs.
Background:
The Audit Committee has five voting members consisting of three City Council members and two members of the business community with experience in the financial industry.
The Audit Committee met four times during fiscal year 2025.
Key highlights of the Audit Committee for July 2024 to June 2025 included: four new audit reports issued and approved with 100% of recommendations accepted by management; one follow-up audit report issued and approved, and approval of the Fiscal Year 2026 Annual Audit Plan
Issues/Analysis:
None
Budget Impact:
None
Options:
Accept the report as presented.
Do no accept the report and request additional information from staff or the Committee
Recommended Action::Recommended Action
Accept the report as presented.
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Attachments:
Audit Committee Annual Report for Fiscal Year 2025
Audit Committee Annual Report Presentation
Internal Audit Annual Report for Fiscal Year 2025