City of Lubbock To Form Audit Committee - KCBD NewsChannel 11 Lubbock

6/11/03

City of Lubbock To Form Audit Committee

The Lubbock City Council is set to create a new audit committee to ensure the proper spending of taxpayer dollars. The five-member committee will be made up on non-city employees and will have the authority to conduct investigations of city spending.

"The whole purpose, and I think unanimously on the council, is to make sure that the money is accounted for, that a lot of the mistakes that have been made in the past, with the WTMPA and a whole host of other financial issues with the city, don't rear their ugly head again," said Tom Martin, Lubbock City Councilman.

"This committee is going to be made up of professionals, CPA's, that are trained to look over these types of reports and then advise the council," said Lubbock Mayor Marc McDougal. "And certainly I think that's something that we've needed for a long time."

The committee members will serve on a volunteer basis. NewsChannel 11 has learned that Jim Brunjes, the Chief Financial officer of Texas Tech University, is expected to be asked to serve as chairman of the audit committee.

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