§ 215. Independent annual audit

The Council shall designate the State Department of Audit or private certified public accountants who, as of the end of the fiscal year, shall make an independent audit of accounts and other evidences of financial transactions of the Town government and shall submit their report to the Council, and the Town Manager. Such accountant shall not maintain any accounts or records of the Town business, but shall post-audit the books and documents kept by the Department of Finance and any separate or subordinate accounts kept by the Department of Finance and any separate or subordinate accounts kept by any other office, department, or agency of the Town government. The Council shall designate one or more members as a finance committee to review such auditing and to make an annual report and recommendations to the Council and the Town Manager regarding financial procedures and controls.

(Char. Revs. 2009, Eff. 7-1-2009)