Government

Audit Committee

General Information
During the spring of 2003, the City established an Audit Committee comprised of a Council member, the City Manager, the City Chief Financial Officer and three residents of Lone Tree who are certified public accountants or who otherwise possess the expertise and experience in accounting, auditing, financial reporting and finance needed to understand and resolve issues raised by the independent audit of the City's financial statements.

Responsibilities
The Audit Committee's responsibilities include:

  • Assisting in focusing and documenting the City's process for managing the financial statement audit

  • Decreasing reliance on the auditor's technical expertise

  • Facilitating communication between the auditor and Council

  • Making recommendations to Council regarding the audit

  • Instructing the auditor regarding "tests” desired as part of the annual audit

  • Reviewing drafts of the annual financial statements

  • Reviewing the City's financial reports

Committee Members

Term Expiration

Suzanne Gibson, Chair

Lone Tree Resident

12/31/2017

Peter Frenchman, Vice Chair

Lone Tree Resident

12/31/2019

      Scott Sperberg       Lone Tree Resident       12/31/2018

Jay Carpenter

Council Member

until replaced

Seth Hoffman

City Manager

Non-Voting Member

Kristin Baumgartner

Finance Director

Non-Voting Member

 

Contact

Kristin Baumgartner
Finance Director
9220 Kimmer Drive
Suite 100
Lone Tree, CO  80124

Ph: 303-708-1818
Fax: 303-225-4949

Meeting Information:
Committee meets on the 1st Wednesday of the last month of every quarter (March, June, September, December)
at 9:00 am at 
Lone Tree
Municipal Building
9220 Kimmer Drive
Suite 100
Lone Tree, CO 80124

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