Minneapolis Audit Committee Agenda

Regular Meeting
November 14, 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; and Minneapolis Park & Recreation Board Representative Mark Oyaas (quorum 4)
Committee Members Absent:  Citizen Members Stephanie Woodruff and Darrell Ellsworth

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


 1.   Adopt Agenda.
       Action Taken:  Adopted.

 2.   a)  Accept Minutes of the Regular Meeting of October 31, 2012.
       b)  Accept Special Audit Committee Meeting Report of October 18, 2012
       Staff Report:  Audit Minutes October 31, 2012;  Special Audit Committee Meeting Report October 18, 2012
       Action Taken:  Accepted.

Unfinished Business

  3.  Xcel Energy Review: 
       Update on City Council action regarding 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.
       Action Taken:  Received update.

  4.  Special Audit Committee Meeting:
       Discuss issues identified during the Audit Committee’s Special Meeting of October 18, 2012.
       Action Taken:  None.

New Business

  5.  Loan C Review
       Staff Report:  Development Loans (Loan C) Review; PowerPoint Presentation  
       Action Taken:  Accepted report with direction to publish the report.
      

  6.  Proposed 2013 Audit Plan:
       Discuss upcoming audits with department representatives.
       Staff Report:  PowerPoint
       Action Taken:  Received update.

Report of Internal Auditor

  7.   Update on Audit Activities
        Action Taken:  Received 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:  December 3, 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 Nov. 14, 2012