Budget and Audit Review Subcommittee

The Budget and Audit Review Subcommittee (BARS) is one of three ARC subcommittees that operate under the Governance Committee. This subcommittee provides the Board a monthly Treasurer’s Report and reviews the financial status of the Commission, including an oversight of any required audit processes.  The Subcommittee is chaired by the Board Treasurer and comprised of five (5) ARC Board Members.

The Budget and Audit Review Subcommittee meets quarterly at 11 AM on the 4th Wednesday of February, June, August and October. Please note that meeting times and places can sometimes change. Contact ARC at 404-463-3100 to confirm.

Year-at-a-Glance Calendar

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In-Person Board and Committee Meetings

ARC has resumed in-person board and committee meetings, effective March 1, 2022.   

Meeting Calendar

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Members

* ARC Board Members

Duties of the Budget and Audit Review Subcommittee

The following duties are established for this Committee:

  1. To provide the Board a monthly Treasurer’s Report .
  2. To review periodically the financial status of the Commission
  3. To ascertain that the auditors hired by the agency to conduct the annual required audit are qualified, independent, and are accountable to the Commission by way of this subcommittee
  4. To provide oversight to the required annual audit process
  5. To review all reports and findings issued in any audits, and receive, and investigate if necessary, any financial concerns reported, and report out such to the Governance Committee
  6. To review the annual work program and budget for consistency with long term financial plans of the Commission .