The commission shall have the following authority, functions and duties:
(1) To review and provide comment to the city manager and to the mayor and council relating to the city's annual audit plan.
(2) Upon direction from the mayor and council or the city manager or upon a majority vote of the commissioners, to provide independent appraisal of city programs, policies and functions in order to help management perform more efficiently and effectively, and/or to recommend that the mayor and council commission an independent firm to perform such an appraisal.
(3) Upon direction from the mayor and council or the city manager or upon a majority vote of the commissioners, to examine financial reports, various records and procedures to determine compliance with applicable ordinances, regulations, policies and contractual provisions; and/or to recommend that the mayor and council commission an independent firm to perform such examination.
(4) Upon direction from the mayor and council or the city manager or upon a majority vote of the commissioners, to evaluate the city's internal control structure and recommend improvements that will help to safeguard the city's assets.
(5) To perform other functions upon express direction by the mayor and council.
(Ord. No. 10598, § 1, 10-21-08; Ord. No. 11232, § 1, 12-16-14)