The Audit Committee shall perform the following functions:
(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.
(e) Serve as liaison between management and independent auditors.
(Ord. 99-29. Passed 9-9-99.)