Agenda Item
a. Appointment of Audit Committee Community Advisors (revised 07.08.2022)
Summary: Presented by: Mr. Diijon B. DaCosta, Sr., Vice Chair
Request: It is requested that the Board of Education appoint, by agreement of a majority, Community Advisors to the Audit Committee.
The following DeKalb residents completed the application process: Ms. Lonita Broome, Mr. Russell Fincher, and Ms. Leigh Hopkins.
Per Board Policy BBC, Board Committees, "The Board of Education shall review all applications and shall appoint, by agreement of a majority of the Board of Education from the community at least two and no more than three outside, non-voting, community advisors to the Audit Committee who are residents of DeKalb County".
Why: Per Board Policy BBC, Board Committees, "The Board of Education shall review all applications and shall appoint, by agreement of a majority of the Board of Education from the community at least two and no more than three outside, non-voting, community advisors to the Audit Committee who are residents of DeKalb County".
Purpose
The Audit Committee shall be a standing committee of the Board. The Audit Committee shall review the financial operations of the School District and make periodic reports to the Board of Education regarding: financial reporting processes, audit process, internal controls, fraud, waste, and abuse inquires, and compliance with all applicable laws and regulations. The Audit Committee shall work with the Office of Internal Audits & Compliance and shall perform any other appropriate function as delegated by the Board.
Details: Board Policy BBC: Board Committees
B.2. Community Advisors
The Board of Education shall review all applications and shall appoint, by agreement of a majority of the Board of Education from the community, at least two and no more than three outside non-voting community advisors to the Audit Committee who are residents of DeKalb County. Any member of the Board of Education can nominate one person to serve as a non-voting community advisor to the Audit Committee. The advisory members of the Audit Committee shall have operating management experience, a background in financial, accounting, or auditing matters, and/or special expertise that would provide unique support to the Audit Committee.
Financial impact: None.
Contact: Mr. Diijon B. DaCosta, Sr., Vice Chair, 678.676.0027
Effective: Upon Board of Education approval.
Status: Approved by General Counsel.