June 22, 2022 Audit Committee Meeting

Publish Date 06/22/2022

MINUTES OF THE

AUDIT COMMITTEE MEETING

BOARD OF POLICE COMMISSIONERS

WEDNESDAY, JUNE 22, 2022

The Audit Committee meeting was held at Police Headquarters, Community Room, 1125 Locust Street, Kansas City.

Present: Commissioner Don Wagner

Secretary/Attorney David Kenner

Deputy Chief Doug Niemeier

Major Derek McCollum

Sergeant Bobbie King

Manager Kristine Reiter

Supervisor Margaret Harman

Supervisor Melissa McLaughlin

Michael Keenan, Hood & Associates CPAs, P.C.

Ralph Johnson, Ralph C. Johnson & Company, P.C.

The meeting was called to order by Commissioner Wagner at 9:58 a.m.

Mr. Michael Keenan was present to discuss the financial and compliance audit for the year ending April 30, 2022. Mr. Keenan provided the Financial Statements, Single Audit Report, and the Required Communication and Management Letter to those in attendance at the meeting. He noted that it was a “clean” audit. Mr. Keenan said the audit revealed no illegal acts, difficulties or disagreements with management, and the firm had full access to books and records.

Mr. Keenan advised that Governmental Accounting Standards Board (GASB) recently issued the following statements, which may impact the Department’s financial reporting: GASB No. 87, GASB No. 91, GASB No. 92, GASB No. 94, GASB No. 96, and GASB No. 97. Hood & Associates recommends management review these standards to determine the impact, if any, that these standards may have on the Department’s financial reporting.

Mr. Keenan advised that he will present the audit for Board approval at the Board meeting on July 12, 2022. Mr. Keenan expressed the auditing firm’s thanks for the opportunity to work with the Department. He thanked the Fiscal Unit and staff for their assistance and full cooperation in conducting the audit.

A motion was made and approved by Commissioner Wagner to accept the audit as presented. There being no further business before the Audit Committee, the meeting was adjourned at 10:10 a.m.