►
From YouTube: 1.25.2022 Audit Committee
Description
1.25.2022 Audit Committee
A
On
we
are
now
great,
thank
you,
kevin
okay,
recording
in
progress,
good.
B
Good
morning,
thank
you
all
for
for
your
time
this
morning,
I'd
like
to.
B
C
C
B
Thank
you,
counselor
cook.
You
want
to
introduce
yourself
and
please
again,
counselor
kate
cook.
E
By
the
charter
of
the
committee,
as
it
compares
to
the
ordinance
for
the
audit
committee,
and
so
I.
E
E
B
B
That
esther
kennedy
was
going
to
join
us
by
zoom,
but
I
don't
see
that
she's
here.
B
And
so
petra,
would
you
care
to
make
any
sort
of
public
comments
at
this
stage.
B
And
this
will
actually
touch
on
a
topic
that
will
arise
a
little
bit
later
in
the
agenda.
B
B
Retained
by
the
city
that
those
and
and
it
was
estimated
to
be
more
than
ten
thousand.
B
Dollars
then,
that
required
an
rfp
process,
as
we
have
looked
further
at
this
matter,.
B
So
we're
wanting
to
gain
further
clarification
regarding
this
issue
from
the
city
to.
A
The
city
policies
and
the
ordinance
which
governs
our
procedure,
our
procurement
process,.
A
A
A
A
A
A
A
A
B
And
in
in
doing
so
there's
and
and
it's
the
it's
those.
B
Interim
process
of
preparing
the
the
working
papers
of
the
city
has
that
always
been.
C
C
B
Suggests
that
in
fact,
they'd
be
separate
and
that
only
under
certain
situations,
where.
B
B
B
A
A
A
A
A
Make
sure
we
got
a
hopefully
we'll
see
what
we
get
for
proposals
so
all
right
go
ahead.
D
A
Services
and
the
services
related
to
you
know
assisting
with
the
kafir
and
the.
A
Answers
so
we
know
some
firms
have
seen
it
so
we'll
just
have
to
we'll
wait
for
the
fourth.
C
C
In
the
charter
for
the
audit,
that's
that's
a
a
procedural
practical
matter,
but.
C
A
A
A
Our
final
and
best
judgment
in
terms
of
the
product
to
actually
put
out
for
advertisement.
A
A
Generally,
in
more
project
related
situations,
you
know
there's
a
special
project
and
or
if
we're.
C
C
C
So
there's
some
tension
here.
Yes
and
you
have
to
work
through.
A
A
A
Until
october
you
know
to
the
fall,
those
pieces,
so
so
that's
you
know
we're.
B
D
To
that
yeah,
which
is
a
good
one,
but
this
ordinance
specifically
says
even
the
stripped-down.
D
D
B
B
B
B
It
brings
into
question
its
independence
as
it
is
involved
with
the
audit,
and
you
know
I
had.
B
Audit,
which
is,
I
think,
more
important
necessarily
than
than
the
ordinance
the.
B
B
A
A
A
A
B
Rfp,
it
indicated
that
malanson
was
the
preferred
vendor
for
doing
the
nano
test
services.
A
A
Provide
as
part
of
the
the
act
for
assistance
in
preparation,
malanson
is
not
disqualified.
A
A
A
D
Not
for
this
current
2022
year,
it's
my
question:
do
we
you
know,
do
we.
A
A
A
B
Okay,
I
have
a
point
of
clarification
there.
The
non-attest
services
test
services
are
not.
E
B
So
technically
we're
not
assigned
the
role
of
reviewing
the
nanotest
services.
B
To
have
two
separate
vendors,
if
you
will
to
one
for
nano
test
and
one
for
audit
and.
B
B
B
So
and
in
full
disclosure,
I
had
a
meeting
with
the
mayor
on
friday.
B
But
this
is
written
from
the
point
of
view
of
the
audit
committee
and
penn
describes.
B
Under
the
rug
and
on
page
seven,
we
reiterate
the
requests
that
I
made
at
the
act
for
hearing.
B
A
A
A
A
A
A
B
But
be
that
as
it
may,
I
appreciate
the
latitude
you're
giving
the
committee
in.
A
That
is
done
in
a
in
a
process
with
the
whole
committee,
so
I
think
that's
what
we,
what
we're.
A
C
C
B
B
The
mayor,
when
I
met
with
him
on
friday,
outlined
tentatively
and
subject.
B
To
all
sorts
of
potential
revisions,
the
the
possibility
of
having
two
quote
work
sessions.
B
B
Laying
the
foundation
for
the
conversation
and
that
they,
the
rest
of
the
city
council
and
I
know.
B
That
there's
a
wide
variety
of
financial
literacy
on
the
council
to
try
to,
and
this.
B
Document
is
meant
in
part
to
address
that
to
try
to
bring
everyone
up
to
the
same
level.
A
More
spaciousness
in
the
schedule,
obviously
it'll
be
up
to
the
mayor
and
the
city
council.
A
You
know
very
cognizant
of
trying
to
use
their
time
wisely
so
so,
if
I
could
ask
a
question.
D
D
Typically
is
my
first
question
in
terms
of
getting
it
under
contract,
we'll
want
to
do
that
as
soon.
A
Doing
our
work,
if
they're
a
brand
new
firm,
so
we're
gonna
have
to
try
and
that
will
when
I
look.
A
Can
wait
until
there's
a
quieter
moment
so,
okay,
this
will
be
one
on
the
on
the
hot
track:
okay,
yeah.
D
D
D
A
A
A
Word
but
typically
or
under
the
ordinance
as
it's
written
now,
the
only
time
the
audit.
A
A
D
D
We
are
to
get
some
clarity
there.
We
are
creatures
of
the
city
council,
so
and
but
I
think
that
it.
B
B
B
A
A
A
Ordinance
and
so
it's
you
know,
I
think
that's
what
I
can
add
to
that.
Mr
chairman
yeah,
I
think.
C
C
C
C
A
A
A
A
A
B
The
audit,
nor
have
you
but
the
we
certainly
stand
ready
to
be
a
service
in
that
regard.
A
B
B
B
You
know
is
probably
not
too
far
off.
It
could
even
be
seven
percent,
as
80
percent.
B
And
the
opinion
piece
that
it
was
attached
was
from
a
guy
at
princeton.
He
was
writing.
B
Which
means
that
the
obligations
are
lower
and
for
an
underfunded
pension.
B
B
System,
I
think
the
trustees
recognize
the
cons,
the
the
issue,
but
so
I
think
the
the
question
and.
B
C
A
A
System
board
and
speak,
you
know
on
behalf
of
the
city
and
and
and
so
I
think
that
is
where
that.
A
C
C
E
From
the
state
of
the
state,
changing
its
formulas,
and
that
increase
is
concerning,
because.
E
E
E
B
Good,
so
this
was
my
meeting
with
the
mayor
on
friday,
I
mentioned
three
areas
that
that.
B
Mr
fuhrman
and
mr
lynch
and
I
have
been
thinking
about
over
the
last
month
or
so.
B
B
As
we
know,
the
the
risk
of
getting
hacked
only
increases
year
by
year,
and
we
had
a
what
a
an.
B
Event
recently
that
the
city
was
hacked,
no,
we
weren't
hacked,
but
there
was
a.
There
was
a.
A
B
And
potential
very
well
aware
of
those
yeah
very
well
aware
of
those.
So
if
we
can.
A
A
Your
general
duty
of
audit
is
there
another
way
to
yeah
to
find
a
way
to.
A
B
Conference
calls
if
they're
deemed
to
be
necessary,
or
you
know
a
selection.
D
D
B
B
A
A
A
And
february
no
march
7th
march
7th,
yes,
you
know
I'll
I'll
talk
with
judy
and
see
how
much.
A
A
A
A
B
B
Is
a
possibility,
then,
what
I
would
what
I
imagine
will
happen
is
that
we'll
open
the.
B
The
packages-
let's
say
there
are
three
proposals
and
I
think
that
we
can.
We
get
a
a
whiteboard.
B
B
I
imagine
that
that
of
say
the
three
one
will.
B
Begin
to
drill
down,
and
so
perhaps
for
that
the
second
hour
we're
getting
back
down
into
the
weeds.
B
And
but
the
first
hour
is
really
looking
at
the
proposals
and
coming
up
with
our
scheme.
For.
B
B
A
A
You
two
do
all
right.
Let
me
think
we'll
find
out
the
best
form
and
if
there's
a
preference
for.
A
A
A
In
the
in
the
rfp,
but
within
that
there's
some
shades
of
how
the
committee
or
group
best
looks
at.
A
And
tries
to
get
to
the
answer
of
what's
in
the
best
interest
of
the
city.
So
so
I
can
do
that.
D
B
A
E
Should
be
fine
yeah,
I
think
it
should
be
fine,
okay,
jesse
or
are
you
okay,
yep?
That
sounds.
D
A
A
A
C
I
think
we've
had
a
good
back
and
forth
about
them
and-
and
I
think
that's
been
productive.
C
A
To
the
next
meeting
report
of
kind
of
legal's
perspective
on
the
charter
versus
the
ordinance.
C
Well,
the
question
is:
hasn't
the
council
already
said
what
it
wants
in
the
ordinance,
because.
C
Committee
jesse,
but
we
worked
on
that
from
july
through
december.
C
C
D
The
year
so
after
the
charter
was
accepted,
but
right-
and
so
I
don't
have
the
benefit
of
that.
D
D
C
C
C
C
Did
get
didn't
get
enough
votes
strongly,
so
that's
the
legislative
process.
E
Thank
you,
mr
chair,
I'd
like
to
add
to
that
a
little
bit.
I
think
that
you
know
it
is
such.
E
E
E
Work
this
spring,
so
probably
the
the
fastest
venue
for
getting
an
opinion
is
to
go
to
legal.
B
Thank
you
so.
B
So
that's
the
other
business
public
comments.
Please.
F
I
guess
the
for
the
for
the
benefit
of
the
new
counselors,
the
intent
original
intent.
F
Test
services
is
because
for
the
last
25
years
and
ongoing-
and
this
is
standard
in
new
hampshire.
F
F
Other
reference,
I
would,
I
would
ask
you
to
look
at
is
it
is
true
that
this
that
the
council
makes.
F
F
F
F
I
commend
your
process
of
how
you're
going
to
look
at
this.
It's
a
lot
of
the
stuff.
F
F
And
explain
your
your
position,
I
think
what
what
chairman
white
came
up
with
as
far
as
an.
F
Suggestions
to
kind
of
condense,
the
time
that
you
need
to
get
in
front
of
the
council,
because.
F
They'll
have
a
zillion
other
things
to
do,
and
I
I
do
honestly
believe
that
this
committee
can.
F
Come
up
with
a
a
good
suggestion
with
the
expertise
that
is
on
here
and
you
could
do.
F
It
in
a
in
a
condensed
version,
I
guess
the
only
other
thing
that
I'd
like
to
suggest
is.
F
F
Impossible,
so
that
is
not
the
purpose
of
the
audit
committee
and
there
there
was
never
any.
F
F
B
It's
not
quite
time
to
go
to
the
clipper,
but
so
if
I
could
get
a
motion
to
adjourn,
please.