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Austin Finances, Wildfire Preparedness, Airport Hilton

Wednesday, May 26, 2021 Audit and Finance Committee Regular Meeting
  • Reviewed the independent audit report on the city's finances for Fiscal Year 2020.
  • Discussed updates and changes to Austin's core financial policies.
  • Received an update on the ongoing audit of the city's wildfire prevention and response strategies.
  • Examined the operations and financial information of the Hilton Hotel at Austin-Bergstrom International Airport.

Full Transcript

THE AUDIT AND FINANCE COMMITTEE WILL MEET ON WEDNESDAY, MAY 26, 2021 AT 9:30 AM, VIA VIDEOCONFERENCE Alison Alter, Chair Leslie Pool, Vice Chair Steve Adler, Member Mackenzie Kelly, Member Kathie Tovo, Member Instructions for public comment will be posted on the committee webpage. Public comment will be allowed via telephone; no in-person input will be allowed. A quorum of the City Council may be present at this meeting. Action will only be taken by the members of the committee. The committee may go into a closed session under the Open Meetings Act, Section 551.071, of the Texas Government Code, to receive advice from legal counsel on any item on this agenda. CALL TO ORDER Citizen Communication: General Approval of Minutes 1. Approve the minutes of the Audit and Finance meeting of April 28, 2021. Discussion and Possible Action 2. Fiscal Year 2020 Single Audit Report by Deloitte & Touche LLP, the City's external auditor. Sponsors: Council Member Alison Alter, and Council Member Leslie Pool 3. Financial Policies Update. Sponsors: Council Member Alison Alter, and Council Member Leslie Pool 4. Wildfire Audit Update. Sponsors: Council Member Alison Alter, and Council Member Leslie Pool 5. Discuss issues related to Austin-Bergstrom Landhost Enterprises, Inc. (ABLE) and the operations and financial information of the Hilton Hotel at Austin-Bergstrom International Airport. Sponsors: Council Member Alison Alter, and Council Member Leslie Pool Future Items 6. Identify items to be discussed at future meetings. ADJOURN For assistance, please call 512-974-2210 or TTY users route through 711. The City of Austin is committed to compliance with the Americans with Disabilities Act. Reasonable modifications and equal access to communications will be provided upon request.