REPORT OF THE AUDIT
COMMITTEE
The Honorable,
The Board of Commissioners of
ATTENDANCE
|
Present: |
Chairman Daley, Vice Chairman Goslin, Commissioners Butler,
Quigley, Maldonado and Schneider (6) Ex-Officio Member: Laura A. Burman – Cook County Auditor (1) |
|
Absent: |
Commissioner Gorman (1) Ex-Officio Member: Donna L. Dunnings, Chief Financial
Officer, Bureau of Finance (1) |
|
Also
Present: |
Commissioners Peraica and Sims (2); John Morales – Cook
County Comptroller; John Cookinham –
Chief Financial Officer, Oak Forest Hospital; Kari Scharff – Assistant,
Public Administrator’s Office; Antonio Hylton – Chief Information Officer,
Bureau of Technology; Kelvin Magee – Chief Financial Officer, Cermak Health
Services; Pat Hagan – Deloitte & Touche Management, LLP; Tracey Guidry – Deloitte & Touche Management,
LLP; |
Court
Reporter: Anthony W. Lisanti, C.S.R.
Ladies and
Gentlemen:
Your Audit
Committee of the Board of Commissioners of Cook County met pursuant to notice
on
Chairman Daley entered into the
record a letter to Donna Dunnings, Chief Financial Officer, containing
questions regarding the annual financial statements. (See attached). Chairman
Daley requested leave to allow a presentation from Pat Hagan of Deloitte & Touche.
Pat Hagan presented an overview of Cook
County’s Comprehensive Annual Financial Report (CAFR), stating that it covers
the fiscal year ended November 30, 2007. He complimented the auditing team for
completing the audit two months faster than last year, with the cooperation of
Ms. Dunnings and Mr. Morales, the Cook County Comptroller.
Your Committee has considered the
following items and, upon adoption of this report, the recommendations are as
follows:
|
296225 |
COMPREHENSIVE ANNUAL FINANCIAL REPORT (CAFR) FOR THE
FISCAL YEAR ENDED Subject: Comprehensive Annual Financial Report
(CAFR) for the Fiscal Year ended submitting a copy of * Referred to the Audit Committee on * Deferred at the Audit Committee Meeting of |
Commissioner Peraica asked Mr.
Morales for his opinion regarding a dual pension system, i.e., a defined
benefit plan for current staff, and a defined contribution plan for new hires.
Mr. Morales replied that was a
matter for the Board to consider.
Vice Chairman Goslin,
seconded by Commissioner Butler, moved to receive and file Communication Number
296225. The motion carried.
|
296787 |
Subject:
submitting herewith is a copy of the Cook County Single
Audit Report for the fiscal year ended * Referred to the Audit Committee on |
Vice Chairman Goslin,
seconded by Commissioner Butler, moved to receive and file Communication Number
296787. The motion carried.
|
297164 |
Subject: submitting herewith a copy of * Referred to the Audit Committee on |
Vice Chairman Goslin,
seconded by Commissioner Butler, moved to receive and file Communication Number
297164. The motion carried.
|
297165 |
COOK Subject: submitting herewith a copy of Cook County Health
Facilities Report to Management for fiscal year ended * Referred to the Audit Committee on |
Vice Chairman Goslin,
seconded by Commissioner Butler, moved to receive and file Communication Number
297165. The motion carried.
|
297166 |
Subject: submitting herewith a copy of Cook County Report to
Management for fiscal year ended * Referred to the Audit Committee on |
Commissioner Peraica inquired about inadequate staffing in
the administrative offices of the Health and Hospitals System.
John Cookinham, Chief Financial Officer, Oak Forest Hospital,
stated there is one certified accountant preparing the financial statements and
one staff person accumulating financial data at Oak Forest Hospital. Provident Hospital is staffed at similar
levels. The staff meets on a monthly basis with the Comptroller’s Office to
review financial statements.
Commissioner Peraica inquired on the accounting deficiency
in the Public Administrator’s Offices.
Kari Scharff, Assistant, Public Administrator’s Office,
stated that various banking institutions are used at different times, with accounts
being opened and closed. The discrepancy
resulted from errors in reconciliation.
Chairman Daley inquired about the performance of the Bureau
of Technology.
Antonio Hylton, Chief Information Officer, Bureau of Technology,
stated that in the 2009 proposed budget, a comprehensive disaster recovery
program, and a continuity of government program, are requested.
Commissioner Butler,
seconded by Commissioner Schneider, moved to receive and file Communication
Number 297166. The motion carried.
Chairman Daley asked the Secretary to the Board to call upon
the registered public speaker, in accordance with Cook County Code, Sec.
2-108(dd):
1. George Blakemore - Concerned Citizen
Commissioner Butler,
seconded by Commissioner Maldonado, moved to adjourn the meeting. The motion carried and the meeting was
adjourned.
YOUR COMMITTEE
RECOMMENDS THE FOLLOWING ACTION
WITH REGARD TO THE
MATTERS NAMED HEREIN:
Communication Number 296225 Received
and Filed
Communication Number 296787 Received
and Filed
Communication Number 297164 Received
and Filed
Communication Number 297165 Received
and Filed
Communication Number 297166 Received
and Filed
|
|
Respectfully
submitted, Audit
Committee xxxxxxxxxxxxxxxxxxxxxxxxxxxx John P.
Daley, Chairman |
Attest:
xxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxxx
Matthew B.
DeLeon, Secretary
The transcript and audio recording for this meeting is
available from the Office of the Secretary to the Board,