The City Commission Audit and Finance Committee (AF&C) reviews and monitors internal and external audit affairs and provides policy oversight and guidance to management regarding the financial affairs of the city. Committee responsibilities include oversight of the city’s internal control, periodic review of the internal audit function, selection of the independent external auditor, review of the annual audit plans of both the internal and external auditors, review of the Comprehensive Annual Financial Report (CAFR), management letters, interim financial statements and all other audit and finance-related matters.
The Audit and Finance Committee is comprised of two members, one of which is the Mayor-Commissioner. The committee meets on an as-needed basis, but not less than once every quarter. Recommendations of the committee are placed on the City Commission agenda for review and approval.
Minutes for A&FC meetings may be viewed at https://gainesville.legistar.com/Calendar.aspx by clicking on the “list view” tab, then selecting “Audit and Finance Committee” and the year from the dropdown menus to the right of the search box.