HomeMy WebLinkAbout03/26/2012 - Regular Minutes - City Council - Audit Committee ( 0 °1°1144
CITY OF COLLEGE STATION
Mayor Home ofTexasAdMUniversity' Council members
Nancy Berry Blanche Brick
Mayor Pro Tem Jess Fields
Dave Ruesink Karl Mooney
City Manager Katy -Marie Lyles
David Neeley Julie Schultz
Minutes
CITY COUNCIL AUDIT COMMITTEE
Monday, March 26, 2012 at 5:15 pm
City Hall Administrative Conference Room
1101 Texas Avenue
College Station, Texas 77840
Audit Committee Members Present:
Nancy Berry, Mayor
Jess Fields, arrived after roll call
Karl Mooney
City Staff:
David Neeley, City Manager
Ty Elliott, Internal Auditor
Jeff Kersten, Chief Financial Director
Carol Thompson, Budget & Financial Reporting Manager
Tanya McNutt, DeputyCity Secretary
Regular Agenda Item No. 1— Call to Order and Announce a Quorum is Present
With a quorum present, the Audit Committee of College Station was called to order by Mayor Nancy Berry at
5:20 p.m. on Monday, March 26, 2012 in the Administrative Conference Room of the City of College Station
City Hall, 1101 Texas Avenue, College Station, Texas 77842.
Regular Agenda Item No. 2 - Presentation, possible action, and discussion of minutes for the audit
committee meeting held on February 27, 2012.
MOTION: Upon a motion made by Mayor Berry and a second by Councilmember Karl Mooney, the Audit
Committee voted three (2) for and zero (0) opposed, to approve the February 27, 2012 Audit Committee
minutes. The motion carried unanimously.
Regular Agenda Item No 3 - Presentation, possible action, and discussion regarding the External Audit
Report and Comprehensive Annual Financial Report (CAFR) presentation.
Jeff Kersten, Chief Financial Officer introduced Jim Ingram with Ingram, Wallis & Co. P.C.
Jim Ingram presented the results of the fiscal year 2011 audit and presented, along with staff, the 2011 CAFR,
Compliance and Single Audit Reports. This report provides a summary of the City's financial position as of
September 30, 2011.
MOTION: Upon a motion made by Councilmember Mooney and a second by Councilmember Fields, the
Audit Committee voted three (3) for and zero (0) opposed, to move to accept the fiscal year 2011 audit and
2011 CAFR, Compliance and Single Audit Reports to be presented to the City Council for their approval.
The motion was unanimous.
Regular Agenda ItemNo. 4 - Presentation, possible action, and discussion regarding future agenda
items.
No future items to be discussed. -
Regular Agenda ItemNo. 5 - Adjourn.
Hearing no objections, Mayor Berry adjourned the meeting at 6:00 p.m. on Monday, March 26, 2012.
Council member Fields made a motion to adjourn. Councilmember Mooney seconded the motion which
carried three (3) for and zero (0) against.
Nancy Berry, Mayor
ATTEST:
Tanya cNu r , Deputy City Secretary