CAP Metro
File #: AI-2024-1106   
Type: Resolution Status: Agenda Ready
File created: 2/16/2024 In control: Finance, Audit and Administration Committee
On agenda: 11/13/2024 Final action:
Title: Approval of a resolution approving the Fiscal Year 2024 performance review for Terry Follmer, Vice President of Internal Audit.
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SUBJECT:

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Approval of a resolution approving the Fiscal Year 2024 performance review for Terry Follmer, Vice President of Internal Audit.

 

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FISCAL IMPACT:

Funding for this action is available in the FY2025 Operating Budget

 

STRATEGIC PLAN:

Strategic Goal Alignment:

1.  Internal/External Customer Service Excellence   2. Stakeholder Engagement

3.  Financial and Environmental Sustainability          4. Staff Development                                             5.  Agency Growth Management          

 

Strategic Objectives:

1.1 Safety & Risk                        1.2 Continuous improvement          1.3 Dynamic Change

1.4  Culture of Innovation         2.1 Be an Employer of Choice           2.2 Organization Development

2.3 Organization Culture            3.1 Resource optimization                3.2 Safety Culture

3.3 Environmental Leadership  4.1 Educate & Call to Action             4.2 Build Partnerships

4.3 Value of Transit                      4.4 Project Connect

 

EXPLANATION OF STRATEGIC ALIGNMENT: As a leader in the organization, the performance review is used for improving the organizational development of the Internal Audit department and the Vice President of Internal Audit.

 

BUSINESS CASE: Completion of performance reviews at least annually is important in order to provide feedback on completion of annual goals,  input for improvement opportunities, and to support merit pay adjustments.

 

COMMITTEE RECOMMENDATION: Does not apply.

 

EXECUTIVE SUMMARY: By statute, Capital Metro’s Vice President of Internal Audit reports directly to the Board of Directors.  The Board has delegated development of the performance plan and the performance review process for the Vice President of Internal Audit to the Finance, Audit, and Administration Committee.

The Committee’s review of the performance of the Vice President of Internal Audit for Fiscal Year 2024 has resulted in a performance rating of
____________.

 

DBE/SBE PARTICIPATION: Does not apply.

 

PROCUREMENT: Does not apply.

 

RESPONSIBLE DEPARTMENT: People and Culture

 

 

 

 

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RESOLUTION

OF THE

CAPITAL METROPOLITAN TRANSPORTATION AUTHORITY

BOARD OF DIRECTORS

STATE OF TEXAS

COUNTY OF TRAVIS                      

AI-2024-1106

 

WHEREAS, the Vice President of Internal Audit reports to the Board of Directors; and

WHEREAS, the annual review of the Vice President of Internal Audit’s performance has been delegated by the Board to the Finance, Audit, and Administration Committee.

NOW, THEREFORE, BE IT RESOLVED that the Fiscal Year 2024 performance review for Terry Follmer, Vice President of Internal Audit, has resulted in a performance rating of__________.

 

 

 

 

____________________                                                                                    Date: ____________________

Secretary of the Board

Becki Ross