6.9.2026 Audit Committee

The City of Portsmouth, New Hampshire Audit Committee held a meeting on June 9, 2026, primarily to discuss the renewal and scope of the city's external audit contract. The committee, including council members and public members, reviewed the proposed three-year extension of the auditor contract with CLA, noting a modest fee increase each year and an option for an additional three years. They emphasized the importance of continuity in auditing during the city's ongoing ERP system implementation and discussed the distinction between compliance audits and more detailed financial and internal control audits. The committee also addressed concerns about auditor independence, particularly regarding the involvement of the finance manager on the committee, and the need for a thorough review of internal controls given recent administrative changes. A motion was passed to recommend the contract extension to the city council and to reconvene the committee in December to review the audit results and provide feedback before the council meeting. The discussion highlighted the committee's role in overseeing the audit process, ensuring transparency, and maintaining financial oversight for the city.