HomeMy WebLinkAbout2014-06-12 - MinutesCITY OF
a e evl IqY ARKANS
Members Present:
AUDIT COMMITTEE
June 12, 2014
12:00 p.m.
City Hall — Room 326
Judy Jacobs
Jacob Pesicek
L. Wayne Britt, CPA
Alderman Matthew Petty
City Staff Present: Don Marr, Chief of Staff
Paul A. Becker, Finance and Internal Services Director
Marsha Hertweck, Accounting Director
Trish Leach, Accounting Manager — Payroll and Pension
Shelly Turberville, Accounting Manager — Investments and Cash
Grant Thornton
Staff Present: Dan Barron, Partner
Juliet Williams, Senior Associate and Engagement Manager
MINUTES
1. Call to Order: The meeting was called to order at 12:00 p.m. by Marsha Hertweck.
2. Approval of Minutes: The minutes of the February 28, 2014 audit committee meeting
were approved by all committee members as amended. Approved minutes are posted
on the City's website on the audit committee page.
3. Presentation of 2013 Consolidated Annual Financial Report (CAFR): Dan Barron
from Grant Thornton presented the report as a whole and answered questions posed by
the committee. Juliet Williams thanked the Accounting staff for all their work putting the
CAFR together. She then highlighted certain sections and parts of the report.
The committee thanked Grant Thornton for their work on the audit and for presenting the
CAFR to them.
4. Adjournment Time: The meeting was adjourned at 1:01 p.m.
S. Submitted by: Marsha Hertweck—Accounting Director.
Mailing Address:
113 W. Mountain Street www.fayetteville-ar.gov
Fayetteville, AR 72701