The role and responsibilities of the Ashland Municipal Audit Commission (or Committee) were established in June 1991 to provide independent review and oversight of the City's financial reporting processes, internal controls and independent auditors. The Audit Committee helps to ensure that management properly develops and adheres to a sound system of internal controls, that procedures are in place to objectively assess management's practices, and that the independent auditors, through their own review, objectively assess the City's financial reporting practices.
The Audit Commission consists for four (4) voting members: Mayor or a Councilor, one Budget Committee member, and two citizens at large. The City Recorder shall be an ex-officio non-voting member. Regarding time commitment, it is anticipated that 3-4 meetings of an hour to 90 minutes in length will occur between July through December.
Interested in serving on this Committee? SUBMIT an APPLICATION
Established | Meetings | Length of Term |
---|---|---|
1991 | Semi-annually or as needed, usually during the months of September through November | Members - 3 year terms for Citizens at large expiring December 31; 1 year term for Budget Committee & City Council Member |