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MINUTES - General Committee, Audit Committee Report - 20121001 THE TOWN OF AURORA SPECIAL GENERAL COMMITTEE – AUDIT COMMITTEE MEETING REPORT Council Chambers Aurora Town Hall Monday, October 1, 2012 ATTENDANCE COMMITTEE MEMBERS Mayor Dawe in the Chair; Councillors Abel, Ballard, Buck (arrived 6:10 p.m.), Gaertner, Gallo, Humfryes (arrived 6:43 p.m.), Pirri, and Thompson MEMBERS ABSENT None OTHER ATTENDEES Chief Administrative Officer, Director of Customer and Legislative Services/Town Clerk, Director of Corporate and Financial Services/Treasurer, Manager of Financial Planning, and Council/Committee Secretary Mayor Dawe called the meeting to order at 6 p.m. I DECLARATION OF PECUNIARY INTEREST AND GENERAL NATURE THEREOF There were no declarations of pecuniary interest under the Municipal Conflict of Interest Act. II APPROVAL OF THE AGENDA General Committee recommends: THAT the agenda as circulated by the Customer and Legislative Services Department be approved. CARRIED III PRESENTATION (a) Joanne Rogers, Partner, and Michelle Sautner, Senior Manager, Representatives of Granton Thornton LLP Re: Report to the Audit Committee – Communication of Audit Plan and Results for the Year Ended December 31, 2011 Ms Rogers reviewed elements of the Report to the Audit Committee – Communication of Audit Results for the Year Ended December 31, 2011, including status of the audit, audit results, reportable matters, draft independent auditor’s report, draft management representation letter, and initial communication on audit planning. Special General Committee – Audit Committee Meeting Report Monday, October 1, 2012 Page 2 of 3 General Committee recommends: THAT the presentation by Joanne Rogers, Partner, Grant Thornton LLP be received for information. CARRIED IV CONSIDERATION OF ITEMS 1. CFS12-037 – Year-end Audited Financial Statements General Committee recommends: THAT report CFS12-037 be received; and THAT the 2011 Audit Report and Financial Statements for the year ended December 31, 2011 be approved and published in accordance with the Municipal Act, 2001, S.O. 2001, c25, Section 295, on the Town’s website. CARRIED V CLOSED SESSION General Committee recommends: THAT Council resolve into a General Committee Closed Session to consider: 1. Security of property of the Town or Local Board; Re: CFS12-038 – Auditor’s Report on Internal Controls; and 2. Personal matters about an identifiable individual, including a Town or Local Board employee; Re: CFS12-038 – Auditor’s Report on Internal Controls. CARRIED The Special General Committee – Audit Committee meeting resolved into General Committee Closed Session at 7:02 p.m. and reconvened into public session at 8:05 p.m. and commenced the Special General Committee – Budget meeting. The Special General Committee – Audit Committee meeting resolved back into General Committee Closed Session at 8:06 p.m. and reconvened into public session at 8:39 p.m. General Committee recommends: THAT the Special General Committee – Audit Committee meeting be reconvened. CARRIED Special General Committee – Audit Committee Meeting Report Monday, October 1, 2012 Page 3 of 3 VI ADJOURNMENT General Committee recommends: THAT the meeting be adjourned at 8:39 p.m. CARRIED MAYOR GEOFFREY DAWE JOHN D. LEACH, TOWN CLERK THE REPORT OF THE SPECIAL GENERAL COMMITTEE – AUDIT COMMITTEE MEETING OF OCTOBER 1, 2012 RECEIVED FINAL APPROVAL AND COUNCIL ENDORSEMENT OF THE RECOMMENDATIONS ON OCTOBER 9, 2012.