[Ord. 627, 10/18/1988]
This Part is enacted pursuant to the authority conferred upon
the Council of the Borough under Section 46005(7) of the Borough Code,
1966, Feb. 1, P.L. (1965) _____, No. 581, § 1005, 53 P.S.
§ 46005(7), as amended.
[Ord. 627, 10/18/1988]
It is the intention of the Borough Council to provide for the
annual appointment of an independent auditor to perform the duties
of the elected Borough Auditors and to thereby abolish the office
of Borough Auditor.
[Ord. 627, 10/18/1988]
As used in this Part, the following terms shall have the meanings
indicated:
A certified public accountant, registered in Pennsylvania,
a firm of certified public accountants so registered or a competent
public accountant or a competent firm of public accountants.
[Ord. 627, 10/18/1988; as amended by Ord. 858, 3/17/2009]
The Borough Council of the Borough of Huntingdon shall appoint
an independent auditor.
[Ord. 627, 10/18/1988]
The independent auditor shall make an independent examination
of the accounting records of the Borough for the fiscal year of his
appointment, and such independent auditor shall also perform the other
duties and exercise the powers conferred by Subdivision (k) of Article
XI of the Borough Code, 53 P.S. § 46196 et seq., as amended.
[Ord. 627, 10/18/1988]
The compensation of the independent auditor shall be established
yearly by the Borough Council, and the Council may also establish
the hours and days of work.
[Ord. 627, 10/18/1988]
The independent auditor shall complete the audit as soon as
possible. He shall publish, within 10 days thereafter, by advertisement
in at least one newspaper of general circulation in the Borough, a
concise financial statement setting forth the balance in the treasury
at the beginning of the fiscal year, all revenues received during
the fiscal year by major classifications, all expenditures made during
the fiscal year by major functions and the current resources and liabilities
of the Borough at the end of the fiscal year, the gross liability
and the net debt of the Borough, the amount of the assessed valuation
of the Borough, the assets of the Borough with the character and value
thereof, the date of the last maturity of the respective forms of
funded debt and the assets in each sinking fund.
[Ord. 627, 10/18/1988]
The office of elected Borough Auditor is abolished. Borough
Auditors in office on the date of the passage of this Part shall continue
to hold their office during the term for which elected; however, the
Borough Auditors shall not audit, settle or adjust accounts audited
by the appointed independent auditor but shall perform the other duties
of their office.
