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HomeMy WebLinkAboutItem #82 - First Reading Ordinancer 3-82-141 rr ORDINANCE NO. AN ORDINANCE AMENDING SECTIONS 2-237, 2-238, 2-239 2-239.1 AND SUBSECTION (5) OF SECTION 2-239.2 OF THE CODE OF THE CITY OF MIAMI, DEALING WITH THE MIAMI AUDIT ADVISORY COMMITTEE BY ENLARGING THE COMMITTEE'S MEMBERSHIP FROM 5 TO 7 MEMBERS BEING APPOINTED BY THE CITY COMMISSION AND 2 MEMBERS BEING APPOINTED BY THE CITY MANAGER AND WITH ALL MEMBERS SERVING AT THE WILL OF THE APPOINTING AUTHORITY; CHANGING THE ORGANIZATIONAL/OPERATING STRUCTURE OF SAID COMMITTEE AND SETTING FORTH THE BASIC RESPONSIBILITY OF THE COMMITTEE; CONTAINING A REPEALER PROVISION AND A SEVERABILITY CLAUSE. BE IT RESOLVED BY THE COMMISSION OF THE CITY OF MIAMI, FLORIDA: I/ Section 1. Sections 2-237, 2-238, 2- 9,,Z-239.1 and Subsection (5) of Section 2-239.2 of the -Ede"'. O-,''the City of Miami, Florida, as amended, are heL b fu'ther so\ended in the following particulars:) t�, ``� "Sec. 2-237. Created; nurI6 r df< members; duties f c i n: _1 A Miami Auldi Advisor,ytf Committee is hereby created consisting of €kve-E4� seven (7) persons. it -shall -be Abe-dw�y-e€- �,e�.,eer�m�_�e-�e-edv�ee-eRd-eee}e�-�Me-e��y eemmiseieR-te tm'peeve-the-a€€eet-iyeRese-and-wee€ulReee e€ the ei y:4 add."..'peeeedwees and peegeeme and to disebeege-the-ahiigatieR-te-seewee-eRRwal-audits-e€-the eityie-€iRaRe}h,l-beeks,-and-Feeegde-as-eequiped-by-lawv The basic function of -.the committee is to assist the city commission and the city manager in fulfilling their fiduciaryresponsibilities relatingo accounting, auditing auditing and financial reporting. he commit ee shall: (1) 4view the annual audit of city accounts performed b t e independent auditor. (2) a iew the annual management letter developed b t independent auditor. (3,) eview the system of internal control utilized by the city. ( Review the city's compliance with the MFOA2 guidelines and requirements. (5) Review internal audit reports where the internal auditor believes that fraud or criminal conduct may be involved such review to be performed to he extent ha it not compromise any crimins investigation. 1 Words and/or figures stricken through shall be deleted. Underscored words and/or figures shall be added. Remaining provisions are still in effect and remain unchanged. 2 Asterisks indicate omitted and unchanged material. This acronym stands for "Municipal Finance Officers Association.