HomeMy WebLinkAboutResolution 3775-08-2009A Resolution
NO 3775-08-2009
AMENDING THE CITY COUNCIL'S RULES OF PROCEDURE TO
ESTABLISH THE AUDIT AND FINANCE ADVISORY COMMITTEE
AS A STANDING COMMITTEE
WHEREAS, the City Council previously established the Audit and Finance
Advisory Committee pursuant to Resolution No 3417 10 2006 as amended by Resolution
No 3430 11 2006 and
WHEREAS, the general purpose of the Audit and Finance Advisory Committee is
to provide advice and recommendations to the City Council with respect to critical
financial and other related matters within the City and
WHEREAS, the Audit and Finance Advisory Committee was created m response to
a key recommendation by MAXIMUS Inc which was retained by the City in 2006 to
make recommendations for improvement of the efficiency and effectiveness of financial
management within the City and
WHEREAS, the establishment of the Audit and Finance Advisory Committee as a
standing committee is consistent with the recommended practices of the Government
Finance Officers Association and the American Institute of Certified Public Accountants
and
WHEREAS, because the issues that the Audit and Finance Advisory Committee
reviews are critical to the well being of the City the City Council wishes to ensure that
the Audit and Finance Advisory Committee is established as a standing committee and
that there is appropriate documentation memorializing such intent
NOW, THEREFORE, BE IT RESOLVED BY THE CITY COUNCIL OF THE
CITY OF FORT WORTH, TEXAS
THAT the City Council s Rules of Procedure are amended to add the following
provision to Section 7 (Creation of Committees Boards and Commissions)
ORT WORT
RESOLUTION NO 3775 08 2009
7 5 Audit and Finance Advisory Committee There shall be an Audit and
Finance Advisory Committee which shall consist of six (6) members no
more than four (4) of whom may be members of the City Council and at least
one (1) of whom shall be a financial professional (such as without limitation,
a certified public accountant financial advisor or actuary) who is not a
member of the City Council The membership of the Audit and Finance
Advisory Committee as well as the chair and vice chair shall be appointed
by the Mayor The specific duties and responsibilities of .the Audit and
Finance Advisory Committee shall be set forth in a charter adopted by the
City Council by resolution Until such resolution is adopted the charter for
the Audit and Finance Advisory Committee previously approved by the City
Council pursuant to M&C G 15473 shall continue in effect to the extent that
it does not conflict with this Section 7 5 Three (3) members shall constitute
a quorum of the Audit and Finance Advisory Committee The act of a
ma~orfty of the members appointed to serve on the Audit and Finance
Advisory Committee and not dust those present and voting at a given
meeting, shall constitute the act of the Committee The agenda for each
meeting of the Audit and Finance Advisory Committee shall be prepared by
the City Manager and his staff
FURTHER, THAT Resolution Nos 3417 10 2006 and 3430 11 2006 and the
bylaws adopted pursuant to M&C G 15473 are hereby repealed
Adopted thfs 11th day of Au ug_st 2009
rra
J
ATTEST ~t~ ~ --. r-~~ APPf~VE~
#~'~ ~` ~~'~'=~ CITY COUNCIL
E~
g y ~-'- -~~=---------- A U G 1 1 2009
Marty Hendrix CitySecretary ~ct~=~~
^„ ~~ „~~~ City Secretary of the
'r~r _ ;^,! ~,,~ City of Fort worth, Texas
ORT WORT -
'T