A. 
Composition. There shall be a Township committee of elected Auditors consisting of three members who shall be nominated and elected by the qualified electors of the Township at large.
B. 
Election and term. The terms of Auditors shall be four years beginning at 8:00 p.m. on the first Monday of January following the year in which they are elected, except for the first Auditors to serve under this Charter who will serve for terms as provided hereinafter.
C. 
Eligibility. Only qualified voters of the Township of Middletown shall be eligible to be nominated and to hold the office of Auditor. No Auditor shall hold any other Township office or Township employment during the term for which he was elected or appointed as Auditor.
D. 
Vacancies. Vacancies in the position of elected Auditor shall be filled by the remaining members of the Committee of Auditors who shall appoint an eligible person to serve for the balance of the unexpired term. If no appointment is made within 30 days after the vacancy occurs, the Council shall fill the vacancy.
A. 
The Auditors shall meet on the first Tuesday following the first Monday of January of each year and organize by the election of a Chairman and a secretary.
B. 
The Auditors shall audit, adjust, and settle the accounts of all offices of the Township and may also audit, adjust, and settle the accounts of any person, corporation, association or other entity receiving or expending Township funds. They shall then prepare a report thereof, which shall contain an audit of the accounts of the last fiscal year, and shall show a complete statement of the financial condition of the Township showing in detail the actual indebtedness of the Township, the evaluation of Taxable property therein, the assets of the Township with the character and value thereof, and the date of maturity of the respective forms of funded debt thereof. This report shall be prepared within 90 days after the close of the fiscal year and a copy filed with the Manager for presentation to the Council at its next regular meeting, and shall be made available to the public by request.
C. 
Any auditor refusing or willfully neglecting to aid in preparing and filing the aforesaid report shall be subject to removal by the majority of the entire membership of the Council.
A majority of the committee shall constitute a quorum necessary to carry out the duties required herein.
The amount of any balance or shortage or of any prohibited or otherwise unlawful expenditure which causes a financial loss to the Township shall constitute a surcharge against any officer against whom such balance or shortage shall appear, or who by vote, act, or neglect, has permitted or approved such expenditure, to the extent of the actual financial loss sustained by the Township. Any such surcharge shall, if no appeal is taken, or after an appeal is finally determined, be entered by the Prothonotary of Delaware County as a judgment against such officer and in favor of the Township.
It shall be lawful for the Township or any taxpayer thereof, on its behalf, or any officer whose account is settled or audited to appeal from the settlement or audit as shown in the Auditor's report, to the Court of Common Pleas of Delaware County, not later than 40 days from the date of the presentation of the Report to the Council.
An elected Auditor shall be compensated for work actually performed at a rate of $4 per hour subject to an annual maximum of $800; provided that the Council may, after the effective date of this Charter, provide by ordinance for a different rate to apply to elected Auditors elected after the expiration of the term of office of those in office at the time the ordinance is enacted, and provided that the maximum annual amount may be exceeded if authorized by 2/3 of the Council in the event that the Council desires to have the Committee conduct any special detailed audits or investigations beyond the normal duties of the position enumerated in this Article.
The Auditors of the Township, or a majority of them, shall have power to issue subpoenas to obtain the attendance of the officers whose accounts they are required to adjust, their executors, and administrators, and of any person whom it may be necessary to examine as witnesses and to compel their attendance. If any person shall refuse or neglect to appear or testify, the Auditors shall petition the Court of Common Pleas of Delaware County to issue a subpoena to such a person and to require him to appear and to testify before the auditors.
The Auditors, or a majority of them, shall have power to administer oaths and affirmations to all persons brought or appearing before them; and all persons guilty of swearing or affirming falsely shall be liable to indictment and punishment for perjury as provided by law.
The Auditors may employ an attorney whenever the same is deemed advisable by a majority of the Auditors. The compensation of such attorney shall be fixed by the Auditors and shall not exceed the sum payable to one Auditor for the annual undertaking of his duties as set forth herein; unless a larger compensation shall be allowed by the Council or shall be specially allowed by a Court in connection with any proceedings before such Court, and said compensation shall be payable by the Township out of its general funds.
The Council may, if it deems necessary, provide for an independent audit of all Township accounts by a certified public accountant who has no personal interest, direct or indirect, in the fiscal affairs of the Township or of its elected or appointed officers. The Council may provide for more frequent audits as it deems necessary. Copies of any such audits or financial report shall be available for inspection by the public.