2022-10-05 AUDIT COMMITTEE MINUTESPearland Audit Committee Minutes October 05, 2022
CITY OF PEARLAND, TEXAS
AUDIT COMMITTEE MEETING MINUTES
OCTOBER 5, 2022
The Audit Committee of the City Council of Pearland, Texas, convened in a meeting on
October 5, 2022, held via videoconference. The following represents the actions taken in
the order they occurred during the meeting.
Mayor Cole called the meeting to order at 3:01 p.m.
The following were present: Mayor J. Kevin Cole, Mayor Pro-Tem Tony Carbone, and
Councilmember Jeffrey Barry.
1. APPROVAL OF MINUTES FROM JUNE 1, 2022 AUDIT COMMITTEE MEETING
Mayor Cole made the motion, seconded by Mayor Pro-Tem Carbone, to approve the
minutes.
AYES: Cole, Carbone, and Barry.
NAYS: None.
The motion carried.
2. STAFF INTRODUCTIONS/CHANGES
Amy Johnson, Chief Financial Officer provided staff introductions.
3. FY 22 AUDIT STATUS UPDATE
Presentation was provided by Christina Ordonez-Campos, Controller.
4. 65TH NORTH GROUP REPORT/PLAN OF ACTION
Presentation was provided by Ron Fraser, Assistant City Manager. Mr. Fraser stated
more reporting information will be provided.
5. DISCUSSION - PROPOSED COMPREHENSIVE FINANCIAL POLICY UPDATES
An amendment to policy was presented for discussion. Staff was directed to present to
council on October 24, 2022.
The amendment reads:
“J. Amended Budget
In order to preserve fund balances/ending balances based on projected revenues
and expenditures/expenses for the current fiscal year, City Council will amend the
annual budget for all funds, excluding capital improvements funds, as set forth in the
projections. City Council will amend the current fiscal year budget annually during
the budget process. For accuracy in planning and to minimize potential for errors,
budget amendments shall be limited to two per fiscal year, one for carryovers and
one for midyear, except in the case of emergency.”
6. FY 22 AUDIT STATUS UPDATE.
Pearland Audit Committee Minutes October 05, 2022
7. NEXT QUARTERLY MEETING - DECEMBER 22
8. ADJOURNMENT
Meeting was adjourned at 3:40 p.m.
Minutes approved as submitted and/or corrected this 15th day of December 2022.
Frances Aguilar, TRMC, MMC
City Secretary