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City of Bowling Green
1001 College Street,
Mailing: PO Box 430
Bowling Green, KY-42102-0430
Phone: 270-393-3000
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Audit Committee

Current Audit Committee Members (From left to right: Bruce Wilkerson, Charles Hays, Jean Cherry, James Martens, David McKillip)
Jean Cherry - Chairman, Executive Vice President and CIO of Commonwealth Health Corporation	David McKillip - Vice-Chairman, Vice President of Finance and Corporate Controller for Camping World, Inc.
Charles T. Hays - Audit Professional Member, Retired Accounting Professor at Western Kentucky University specializing in taxation and financial accounting	James Martens - General Business Member, Commercial Real Estate Investor
Bruce Wilkerson - City Commission Member, retired from Sheldon Enterprises and the Bowling Green Police Department	Kevin DeFebbo- Ex-Officio (non-voting) Member, City Manager

Purpose The Audit Committee is appointed by the mayor, with approval by the Board of Commissioners to provide independent oversight to: (1) approve annual assessment of risk presented by Internal Auditor’s Office, (2) approve annual audit plan based on assessment of risk, (3) review quarterly internal audit progress towards approved audit plan, (4) recommend selection and retention of external auditor and ensure proper rotation of external partner or firm as mandated by any applicable statute or regulation, and (5) review annual financial statement audit and recommend approval to the Board of Commissioners.	Powers and Duties The powers and duties of the audit committee include the following: Approve annual assessment of risk presented by the Internal Auditor’s Office; Approve annual audit plan based on assessment of risk presented by the Internal Auditor’s Office; Review quarterly internal audit progress towards approved annual audit plan; Review the Comprehensive Annual Financial Report and recommend approval to the Board of Commissioners; Recommend selection and retention of external auditor and ensure proper rotation of partner and firm as mandated by any applicable statute or regulation.

Meetings Regular meetings shall be held at least quarterly, and any special meetings may be held as specified in KRS 61.823. All meetings shall be open to the public in a manner consistent with KRS 61.805-61.850. Full and complete minutes of all meetings and records of all proceedings, including number of votes for and against each motion and the record of the vote of each member, shall be kept and made available for public inspection. The City of Bowling Green shall provide clerical staff as needed. Limitations of the Committee’s Role While the Audit Committee has the powers and duties set forth in this Charter, it is not the duty of the Audit Committee to plan or conduct audits or to determine that the financial statements and disclosures are complete and accurate and are in accordance with generally accepted principles and applicable rules and regulation. These are responsibilities of management and the external auditor.	Composition Of Members Two (2) members shall be audit professionals from the community at large preferably with CIA, CPA, CFE or other appropriate professional certification; Two (2) members shall be from the business community at large; One (1) member shall be selected from the membership of the Board of Commissioners; City Manager shall serve as ex-officio, non-voting member of the committee. The mayor shall appoint all voting members, with approval by a majority vote of the Board of Commissioners. The members of the Audit Committee shall serve without compensation, but shall be reimbursed for expenses necessarily incurred in the performance of their duties.
Approved Minutes Special Meeting May 26, 2010 Regular Meeting April 12, 2010 Regular Meeting January 4, 2010 Special Meeting December 7, 2009 Special Meeting October 12, 2009 Regular Meeting July 6, 2009 Regular Meeting April 6, 2009 Regular Meeting January 5, 2009 Special Meeting December 15, 2008 Regular Meeting October 6, 2008 Regular Meeting July 07, 2008 Regular Meeting April 07, 2008 Regular Meeting January 7, 2008 Special Meeting December 12, 2007 Special Meeting October 1, 2007 Special Meeting August 6, 2007 Special Meeting July 2, 2007