Minneapolis Audit Committee Agenda

Regular Meeting
September 19, 2012
9:30 a.m. - Room 317 City Hall

NOTE: All cellular telephones and electronic devices to be switched to a non-audible function during Council and Committee meetings.

Committee Members Present:  Council Members Diane Hofstede (Chair), Barbara Johnson, Betsy Hodges; Minneapolis Park & Recreation Board Representative Mark Oyaas; Citizen Members Stephanie Woodruff and Darrell Ellsworth (quorum 4)

Council Committee Coordinator:  Peggy Menshek (612) 673-2287 peggy.menshek@minneapolismn.gov


 1.   Adopt Agenda
       Action Taken:  Adopted. 

 2.   Accept Minutes of the Regular Meeting of August 29, 2012
       Audit Minutes August 29, 2012  
       Action Taken:  Accepted.  
 

New Business

 3. State of Minnesota/Office of State Auditor Management and Compliance Reports: 
     a)  City of Minneapolis;
     b)  Minneapolis Park & Recreation Board
     City of Minneapolis RPT;  Park & Recreation Board RPT  
     Action Taken:  Received and Filed. 

  4)  Audit Committee Workshop Update:
       a)  Receive and file Audit Committee Workshop Report
       b)  Oral Report by Chair  
       Audit Committee Workshop Report 
       Action Taken:  Received and Filed.   Staff directed to schedule a Special Audit Committee meeting to focus exclusively on the issue of reaching consensus related to the future scope and focus of the City’s Internal Audit function and to formulate that consensus in a recommendation to be formally acted upon at the next regular Audit Committee meeting for submission to the City Council for its consideration and action.

Report of Internal Auditor

 5)  Update on Audit Activities:
      a)  Fleet Management Review Report
      b)  Xcel Energy Review Report 
      Fleet Management Review Report;  Xcel Energy Review Report  
     Action Taken:  (a) & (b) Received and filed reports and ordered reports published.  
     (b) Direction that Finance & Property Management work with the City Attorney’s Office to render an opinion going forward on the issue of Xcel Energy Inc. providing the City with a statement, certified by the company’s controller or another officer of the company, of the amount of the company’s gross operating revenues for the preceding calendar year, and report back at the October 31, 2012 Audit Committee meeting. 

      c)  Second Quarter 2012 Update on Management Action Plans
      d)  Status Update on 2012 Audit Plan  
      PowerPoint Presentation
      Action Taken:  (c) & (d) Received verbal update.
      

Announcements       

Adjournment 

Notice: A portion of this meeting may be closed to the public pursuant to Minnesota Statutes Section 13D.03 or 13D.05.

Next Regular Meeting:  October 31, 2012

Web Site Address:  www.minneapolismn.gov

Attention:  If you need this material in an alternative format, please call Ahmed Muhumud at 612-673-2162 or email Ahmed.Muhumud@minneapolismn.gov.   Deaf and hard-of-hearing persons may use a relay service to call 311 agents at (612) 673-3000. TTY users may call (612) 673-2157 or (612) 673-2626.  Attention: If you have any questions regarding this material please call 311 or (612) 673-2046; Hmong - Ceeb toom. Yog koj xav tau kev pab txhais cov xov no rau koj dawb, hu (612) 673-2800; Spanish - Atención. Si desea recibir asistencia gratuita para traducir esta información, llama (612) 673-2700; Somali - Ogow. Haddii aad dooneyso in lagaa kaalmeeyo tarjamadda macluumaadkani oo lacag la’ aan wac (612) 673-3500.  The City of Minneapolis invites and encourages participation by every resident to each program, service and event within our city. Should you require an accommodation in order for you to fully participate, or should you require this document in a different format, please let us know by contacting 311 or 612-673-3000, at least 5 days prior to the meeting.

Last updated Oct. 9, 2012