Beaumont Audit & Finance Committee Meeting Tonight – Jan 7, 2019

After the Infamous 2018 Audit Fraud with McDougall; It’s Way Too Late for a ‘Fraud Prevention’ Policy.

City of Beaumont Finance and Audit Committee Meeting Agenda

Monday, January 7, 2019

Regular Session 6:00 PM

550 E 6th Street, Beaumont, Ca

REGULAR MEETING

CALL TO ORDER

Committee Members: Mayor Martinez, Council Member Carroll, Treasurer vacant, Chair Steve Cooley, Vice Chair Richard Bennecke, Member Stephen Martino, Member Joann Roberts, Member Ana Olvera, and Alternate Member Andrew Forster

ACTION ITEMS/PUBLIC HEARINGS/REQUESTS

1. Adoption of Minutes

Approval of Minutes dated November 5, 2018.

FAC Minutes 11.05.18

2. Risk Management Processes

Item 2

3. Internal Control Checklist

Item 3

4. Draft Fraud Prevention Program and Policy

Review and recommend any changes to the documents.

Item 4

5. September 2018 and October 2018 Financial Reports

Review and approve for presentation to City Council on January 15, 2019.

8. Finance Director’s Comments

FY18 Audit update

Member End Terms/Applications Due Jan 8, 2019

The next regular meeting of the Finance and Audit Committee Meeting is scheduled for Monday, February 4, 2019 at 6:00 p.m.

Source:

Libi Uremovic – patch.com

Relevant Issues

A Clear Conflict of Interest
The City of Beaumont's contract with Urban Logic presents a significant conflict of interest and therefore must be terminated.
Favoritism and Cronyism
The City of Beaumont, under Urban Logic and City Manager Alan Kapanicas, has consistently demonstrated favoritism and cronyism in the awarding of pubic contracts.
Cost to Taxpayers
Urban Logic's contract with The City of Beaumont which allows it to profit from each approved development, along with their on-going practice of awarding high-dollar public contracts to a small group of friends and associates instead of to the lowest bidder, have cost Beaumont taxpayers millions.
Impact on Existing Businesses
The policies of Urban Logic and City Manager Alan Kapanicas ignore the needs of existing businesses in favor of new development and big box stores.
Quality of Life
Urban Logic and City Manager Alan Kapanicas have damaged our quality of life by failing to uphold high development standards, depleting local resources, making local government less accessible to residents, and by destroying the small town feel of the City of Beaumont.
Tactics
Urban Logic protects its ability to extract money from the City of Beaumont at all costs, resorting to intimidation and threats when necessary.