The primary function of the Committee is to provide oversight of the City's external and internal audit activities. The Committee meets with the audit firm retained by the City at least quarterly. All meetings of the Committee shall be conducted persuant to all applicable provisions of the Massachusetts State Open Meeting Law, G.L. Chapter 30A, Sections 11A - 11A 1/2. The Committee presents an annual assessment of the activities of the Committee to the Mayor and the City Council in January of each year.
MGL Chapter 190, Section 14. Under provisions of Chapter 190, Section 14, Acts of 1982.
"There shall be appointed by the mayor subject to confirmation by the city council, and audit committee of five members, all residents of the city of Boston, whose members shall service for five years, except that of those first appointed, one shall be appointed for a term of five years, another for four years, another for three years, another for two years, and another for one year. Members shall serve without compensation; but may be reimbursed for expenses necessarily incurred, and shall be deemed special municipal employees for the purposes of chapter two hundred and sixty-eight A of the General Laws. The city shall retain the services of an independent, certified public accounting firm which shall annually audit the accounts of the city. The audit committee shall monitor the progress of such audit and shall meet with accounting firm at least quarterly. The said committee shall review the recommendations of the firms and shall present to the mayor and city council such recommendations as it may have."
At least quarterly
Two Financial Center - 60 South Street, Boston, MA 02111
|Mark J. MacDonnell||10/09/2009||11/01/2014||Active|
*Alternates/Maximum committee members and Ex Officio members may vary total member count