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TO: |
Board of Trustees |
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FROM: |
Annette Royle, Chief of Board Strategy & Governance |
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PRESENTER(S): |
Annette Royle, Chief of Board Strategy & Governance |
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TITLE:
title
R2026-06-01 - Resolution Delegating the Search for a New Internal Auditor to the Executive Director
end
AGENDA ITEM TYPE:
Resolution
RECOMMENDATION:
Approve Resolution R2026-06-01 to delegate to the Executive Director the responsibility of initiating a search for a new Internal Auditor of the Authority
BACKGROUND:
Utah’s Public Transit District Act empowers the Board of Trustees to appoint an Internal Auditor as an Officer of the Authority. The Internal Auditor is required to be a licensed certified internal auditor or a certified public accountant with at least five years’ experience in the auditing or public accounting profession.
DISCUSSION:
In December 2021 the Board appointed Mike Hurst as the Authority’s Internal Auditor in resolution R2021-12-01. Mr. Hurst left employment with the Authority on April 30, 2026 leaving a vacancy in that position. In fulfilling the Board’s statutory duties to appoint an Internal Auditor, the Board desires to have the Authority initiate recruitment and appoint a new Internal Auditor and Officer of the Authority as soon as possible.
In the 2026 Regular Session of the Utah Legislature, SB197 was passed revising the Authority’s governance structure. This restructure includes changes to the appointment process of the Internal Auditor and moves that authority from the Board of Trustees to the Executive Director effective July 1, 2026.
To facilitate a smooth transition to the organization’s new governance structure and Internal Audit functions, the Board would like to delegate authority to the Executive Director to initiate a search for a new Internal Auditor. The proposed resolution would delegate this duty to Jay Fox, and would authorize his actions on or prior to June 30th to appoint a new Internal Auditor effective July 1, 2026 or thereafter.
ALTERNATIVES:
The Board of Trustees could initiate the search for a new Internal Auditor. Because the new Internal Auditor will report to the Executive Director, it would be more advantageous for the Executive Director to lead the search for this position.
FISCAL IMPACT:
N/A
ATTACHMENTS:
R2026-06-01 - Resolution Delegating the Search for a New Internal Auditor to the Executive Director