May 19, 2026Board meeting
Mar County Audit Committee Organizational Meeting
The committee meeting covered the reelection of a chairperson, a review of the upcoming audit work plan and planning communication letter with external auditors, and a discussion on new accounting standards including GASB 103 and 104. Additionally, an update was provided on the fraud, waste, and abuse hotline, including a report on successful mitigation of attempted check fraud and a discussion on strategies to increase electronic vendor payments.