HomeMy WebLinkAboutMemorandumCITY OF MIAMI
INTER -OFFICE MEMORANDUM
To: Honorable Members
Date:
January 28, 2018
of the City Commission
Subject:
Audit Advisory Committee
From: Todd B. Hannon
References:
Agenda for February 8, 2018
City Clerk
Enclosures:
List of members
The Audit Advisory Committee was created to: (1) Review the annual audit of City accounts
performed by the independent auditor; (2) Review the annual management letter developed by the
independent auditor; (3) Review the system of internal control utilized by the City; (4) Review the
City's compliance with the Municipal Finance Officers' Association guidelines and requirements; (5)
Review internal audit reports where it is felt by the internal auditor that fraud or criminal conduct
may be involved, to the extent that it does not compromise criminal investigations; (6) Review the
City Manager's recommendation for selection of an independent auditor, if requested by or directed
by the City Commission.
Please be aware that City Code Section 2-947 states in part:
"All members shall be qualified and distinguished by their education, experience and attainments
in the accounting profession, the practice of law, banking or business management. Members of
the committee shall be selected from among the following:
(a) A controller or chief financial officer of a large commercial enterprise (with size measured
by dollar sales/revenue volume);
(b) A commercial or investment banker associated with a large financial institution;
(c) A practicing certified public accountant (if not a certified public accountant, then an
accountant who shall have managed an accounting practice employing at least ten (10)
individuals)." [Emphasis added.]
Five (5) appointments are needed at this time:
Chair Keon Hardemon has one (1) nomination for a seat currently:
1. Vacant. (Carol Gardner resigned effective June 9, 2015)
• Vice Chair Ken Russell has one (1) nomination for a seat currently held by: 2
1 This item was continued from July 9, 2015, September 10, 2015, October 8, 2015, November 19, 2015, January 14, 2016,
February 11, 2016, March 11, 2016, April 14, 2016, May 12, 2016, June 9, 2016, July 14, 2016, September 8, 2016, October 13,
2016, November 17, 2016, December 8, 2016, January 12, 2017, February 9, 2017, March 9, 2017, April 13, 2017, May 11,
2017, June 8, 2017, July 13, 2017, September 19, 2017, October 12, 2017, November 16, 2017, and January 11, 2018,
Commission meetings.
2 This item was continued from March 14, 2013, April 11, 2013, May 9, 2013, June 13, 2013, July 11, 2013, September 12, 2013,
October 10, 2013, November 21, 2013, January 9, 2014, February 13, 2014, March 13, 2014, April 10, 2014, May 8, 2014, June
12, 2014, July 10, 2014, September 11, 2014, October 9, 2014, November 20, 2014, December 11, 2014, January 8, 2015,
February 12, 2015, March 12, 2015, April 9, 2015, May 14, 2015, June 11, 2015, July 9, 2015, September 10, 2015, October 8,
2015, January 14, 2016, February 11, 2016, March 11, 2016, April 14, 2016, May 12, 2016, June 9, 2016, July 14, 2016,
September 8, 2016, October 13, 2016, November 17, 2016, December 8, 2016, January 12, 2017, February 9, 2017, March 9,
2017, April 13, 2017, May 11, 2017, June 8, 2017, July 13, 2017, September 19, 2017, October 12, 2017, November 16, 2017,
and January 11, 2018, Commission meetings.
1. Stanley Foodman, incumbent, whose term expired on March 8, 2013.
Commissioner Wifredo (Willy) Gort has one (1) nomination for a seat currently held
by:'
1. Ignacio Abella, incumbent, whose term expired on December 8, 2017, has served as
a member since January 9, 2003 and would require a term waiver by a unanimous
(515) vote of the Commission.
Commissioner Joe Carollo has one (1) nomination for a seat currently held by: a
1. Jose Riesco, incumbent, whose term expired on October 8, 2016.
Commissioner Manolo Reyes has one (1) nomination for a seat currently held by: 5
1. Yvette Garcia, incumbent, whose term expired on November 15, 2017.6
For your convenience, we are including a copy of the membership of the committee. By copy of this
memorandum, we are requesting that the Agenda Office place this issue on the February 8, 2018,
Commission Agenda.
TBH:ne
Theodore Guba, Independent Auditor General
Edith McCray, Liaison
Robin Jones -Jackson, Senior Assistant City Attorney
Anna M. Medina, Agenda Coordinator
s This item was continued from November 16, 2017, and January 11, 2018, Commission meetings.
a This item was continued from October 13, 2016, November 17, 2016, December 8, 2016, January 12, 2017, February 9, 2017,
March 9, 2017, April 13, 2017, May 11, 2017, June 8, 2017, July 13, 2017, September 19, 2017, October 12, 2017, November
16, 2017, and January 11, 2018, Commission meetings.
s Per Code Section 2-885(b), "When the nominating commissioner leaves office the board member's term shall expire."
6 This item was continued from January 11, 2018, Commission meeting.