The Audit Committee shall perform the following duties:
(a) Review the annual unaudited financial report submitted to the Auditor of State;
(b) Periodically review the process used to prepare interim financial information submitted to Council;
(c) Review audit results;
(d) Assure that audit recommendations are appropriately addressed; and
(e) Serve as liaison between management and independent auditors.
(Ord. 14-98. Passed 1-15-98.)