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2022-01-27 AUDIT COMMITTEE MINUTESAudit Committee Meeting – January 27, 2022 MINUTES OF A REGULAR MEETING OF THE AUDIT COMMITTEE OF PEARLAND, CITY OF PEARLAND TEXAS, HELD VIA VIDEOCONFERENCE ON THURSDAY, JANUARY 27, 2022 AT 2:00 P.M. The meeting began at 2:00 p.m. PRESENT Mayor Kevin Cole Councilmember Tony Carbone City Manager Clay Pearson Chief Financial Officer Amy Johnson Comptroller Karen Krenek Deputy City Secretary Leslie Crittenden BKD Senior Manager Shakita Rawls BKD Partner Amanda Eaves 1.APPROVAL OF MINUTES Minutes from the October 21, 2021 Audit Committee Meeting were approved. 2. FY2021 AUDIT STATUS UPDATE FROM BKD, LLP Ms. Rawls provided the update of the FY2021 Audit stating there were no repeat issues and only five adjustments were needed. Three adjustments were related to grant receivables and two were related to capital assets. Further discussion included the two additional work-related programs. 3.FY2021 AUDIT TIMELINE UPDATE Ms. Rawls stated that they were on track to complete the FY2021 Audit according to the timeline. Ms. Eaves stated the final would be ready by the agreed upon date of March 7, 2022 for the City Council presentation. 4.NEXT MEETING The next meeting will be held virtually on February 21, 2022. Councilmember Carbone suggested adding “Open Comments” as an item on the meeting agenda for more discussion time. 5.ADJOURNMENT The meeting adjourned at 2:27 p.m. DocuSign Envelope ID: 8148C986-66D4-462D-B105-1E17A5E45735 Audit Committee Meeting – January 27, 2022 Minutes approved as submitted and/or corrected this 21st day of February 2022. J. Kevin Cole Mayor ATTEST: Leslie Crittenden Frances Aguilar TRMC, MMC City Secretary DocuSign Envelope ID: 8148C986-66D4-462D-B105-1E17A5E45735