Municipal Audit Committee

Committee Overview

The role and responsibilities of the Ashland Municipal Audit 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 City 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 Committee 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. 

This Committee meets two to three times from July to December, as the financial statements are being prepared. Meetings will be anywhere from an hour to 90 minutes in length.