AUSTIN, Texas — Austin leaders are looking into hiring a company to analyze how city hall spends tax dollars. If approved, Public Works will conduct an independent efficiency audit of every city department, searching for ways to cut waste and improve services. The city says similar reviews have helped governments save at least five percent of their operating budgets. The plan is to repeat the audit every three years to help improve city services while keeping costs under control. The contract still needs to be approved by Austin City Council before the audit can officially get underway.

How will an independent audit impact city spending? ANSWER BELOW and see the results LIVE on CBS Austin This Morning from 4:30 a.m. to 7 a.m.