The December 2, 2014 city council agenda featured item 13.1 on the regular agenda. It was listed as “Financial Audit and Oversight Committee Report”.
- For Notation Only: Formal Report of the Financial Audit and Oversight Committee meeting held on October 27, 2014.
- Discussion on Audit Plan Updates.
- Discussion and Action on the City of El Paso Internal Audit Charter.
- Discussion and Action on the FY 2015 Annual Internal Audit Plan.
- Discussion and Action on HOT Audits Update.
- Discussion on PeopleSoft update.
- Discussion and Action on the City’s Investment Policy for FY 2015.
- Discussion and Action on the City Debt Management Policy for FY 2015.
- Discussion on update of development of City Fund Balance Policy
Even though the item was for notation only (we certainly don’t need to be talking about these things in public) two of the council members did express their thoughts about the need to formalize the policies regarding the replenishment of the fund balances if they are drawn below their minimums.
This post is for notation only. Financial matters are evidently not things that citizens should be concerned with.
We deserve better
Brutus
elpasospeak 
The City’s lack of transparency in reporting on HOT and other funds is inexcusable. I suggest that anyone concerned ask their city representatives for numbers. If you get the runaround, be persistent. Keep asking, then demand. City reps and the Mayor at least have to run for office. The others at City Hall can get away with not answering to the citizenry.
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