Chapter 2.30
INDEPENDENT EXTERNAL AUDITOR

Sections:

2.30.010    Qualifications – Appointment and term of office.

2.30.020    Independent audit – Generally.

2.30.030    Independent audit – Information to be included.

Charter reference – Provisions providing for independent audit, see Charter § 1319.

2.30.010 Qualifications – Appointment and term of office.

The independent external auditor appointed shall be a certified public accountant in good standing and shall be appointed by and serve at the pleasure of the City Council in accordance with Charter Section 1319. (Ord. 947; Ord. 2020 § 3, 6-23-20. Formerly § 2-32).

2.30.020 Independent audit – Generally.

The independent external auditor shall, in conformity with the requirements of Section 1319 of the Charter, and more often if the City Council so desires, make an independent audit report of the City’s financial affairs. Such report shall be made directly to the City Council which shall include a report of any fiscal discrepancies or irregularities found and recommendations for their correction. (Ord. 947; Ord. 2020 § 3, 6-23-20. Formerly § 2-33).

2.30.030 Independent audit – Information to be included.

The independent audit provided by SCCC 2.30.020 shall include the following:

(a) A statement of the cash position of each of the City funds.

(b) A statement of the receipts and expenditures of each City department and division thereof during the accounting period.

(c) A statement of the budget position of each of the City departments and the divisions thereof.

(d) A statement of the assets and liabilities of the various funds of the City.

(e) A schedule of the bonded indebtedness, interest requirements and other deferred obligations of the City.

(f) A schedule of the various insurance coverages of the City showing pertinent information regarding terms, expiration dates, etc.

(g) A combined balance sheet. (Ord. 947; Ord. 2020 § 3, 6-23-20. Formerly § 2-34).