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Agenda - Special General Committee - 20070522b, A SPECIAL GENERAL COMMITTEE - AUDR COMMITTEE AGENDA N0.07-25 TOESDAT, MAY 22, 2007 7:00 PAN COUNCIL CHAMBERS AURORA TOWN MALL PUBLIC RELEASE 18/05/07 AUlR`ORA TOWN OF AURORA SPECIAL GENERAL COMMITTEE MEETING AUDIT COMMITTEE AGENDA NO. 07-25 Tuesday, May 22, 2007 7:00 p.m. Council Chambers Mayor Morris in the Chair I DECLARATIONS OF PECUNIARY INTEREST ll APPROVAL OFAGENDA RECOMMENDED: THAT the agenda as circulated by the Corporate Services Department be approved. III DELEGATIONS (a) Mr. John Gutteridge, Director of Financial Services/Treasurer Re: 2006 Financial Statements (b) Mr. Alister Byrne, Grant Thornton, Auditors Re: 2006 Financial Statements SPECIAL GENERAL COMMITTEE — AUDIT — MAY 22, 2007 1 AGENDA ITEM # TOWN OF AURORA AURORA GENERAL COMMITTEE REPORT No.FS07-021 SUBJECT: Year End Audited Financial Statements FROM: L. John Gutteridge, Director of Finance / Treasurer DATE: May 22, 2007 RECOMMENDATIONS THAT the 2006 Audit report and financial statement for the year 2006 be received and be published in accordance with Section 295 of the Ontario Municipal Act. ty—IN 212911j ` I' As committed last year we are presenting your 2006 Audited Financial Statements a month earlier. Unlike last year this presentation represents the entire audit for 2006 including the management letter. Attached hereto at Attachment #1 is the entire audit package as presented by our auditors Grant Thornton. The first portion of the audit report outlines issues that related to the audit and identifies that four entries have not been booked. These items were identified during the audit process and discussed, it has been agreed not to book these entries as they do not have a material impact on the statements as presented. Appendix C on page 17 of the audit report contains the Management Letter, this is the section of the report that the Auditor's bring forward areas of concern identified in the audit engagement. The management letter identified 8 items in total and the report identifies the Auditors observation and their recommendation followed by Management Status Update, this allows Council to understand the issue and how management has dealt with or propose to deal with these. Our auditors will be in attendance to present their report and findings The financial statements are present as Attachment #2, these statements are the Town's statements as audited by our Auditors, your Treasurer will do a review of the significant changes. These statements represent the first full year for the current Financial Services Management Team, and we are very pleased to present this report on time and on budget with most of the management items from 2005 being eliminated. We are very pleased to —1— SPECIAL GENERAL COMMITTEE — AUDIT — MAY 22, 2007 May 22 2007 - 2 - Report No. FS07-021 have achieved these results and look forward to improving again next year. We would like to take this opportunity to thank the Auditors and Financial Service Department Staff for their dedication to make this happen. COMMENTS We did provide Council with a preliminary estimate on our 2006 surplus with Financial Services Report No. FS07- 011 now that the audit is complete we can report that our 2006 consolidated surplus is $301,717. Council should be aware that this report is a consolidated report and includes consolidation of the General Operations of the town, the Library Board, and the Water/Wastewater Sewer Operations. The following is a roll up of how the surplus was derived: 2006 Operating Surplus/(Deficit) $1,224,205. Library Board Surplus/(Deficit) $ 0. Water/Wastewater Department Surplus/(deficit)$( 922,488.) Town of Aurora Surplus $ 301,717. The Library Board did in actual fact have a surplus of $47,135.73 but it has been the practice in the past to move any surplus to the Library Capital Discretionary Reserve fund. Water/Wastewater Department did have a larger than normal deficit and this was explained in Financial Services Department Report FS07-014. By removing the consolidation of the other funds and incorporating the prior years surplus the General Operating fund operated in a surplus position for the year of $1,224,205. A detailed breakdown of. the operating surplus is attached hereto as Attachment #3. OPTIONS Council has already adopted the following resolution as a result of Financial Service Report No. FS07-011. THAT $45,800. of the 2006 operating surplus be transferred to the Accessibility Committee .Capital Projects (12002), and, THAT the remainder of the 2006 operating surplus be transferred to the Municipal Capital Reserve Fund. Although the surplus we are reporting for the Operating Fund of $1,224,205. is about $100,000. larger than previously reported we would not have any reason to change the resolution already adopted. —2— SPECIAL GENERAL COMMITTEE — AUDIT — MAY 22, 2007 May 22, 2007 - 3 - Report No. FS07-021 1. Continue as directed. 2. To allocate the surplus to another reserve or spedfic project. FINANCIAL IMPLICATIONS As reported previouslywe would have liked to have seen a little lower surplus and we have taken this into consideration as we developed our 2007 budget. CONCLUSIONS All in all we are very pleased with the current results and are looking forward to continued improvement in the future. LINK TO STRATEGIC PLAN Goal D: Ensure transparent, accountable and open governance in concert with informed and involved citizens Objective C1: Maintain, respect, preserve and enhance natural environment, natural heritage and green spaces Objective D1: Continue the commitment of fiscal responsibility and accountability Objective 1133: Be accountable and transparent to residents by ensuring open and accessible information flow and accessible decision -making Objective D4: Create a respectful environment that fosters team work and open dialogue, consistent with a Character Community. These Objectives acknowledge the responsibilities required by governance that contribute to informed and involved citizens. ATTACHMENTS Attachment #1 - 2006 Audit Report Attachment #2 - 2006 Audited Financial Statements Attachment #3 - Explanation of 2006 budget variances —3— SPECIAL GENERAL COMMITTEE — AUDIT — MAY 22, 2007 May 22, 2007 - 4 - Report No. FS07-021 PRE -SUBMISSION REVIEW Management Team Review — Wednesday, May 16, 2007 Prepared by: L. John Gutteridge, Director of Finance/Treasurer-Ext. #4111 L. John-G tteridge John S. Rogers Director of Finance/Treasurer Chief Administrative Officer —4— SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 ATTACHMENT #1 Report to the Audit Committee - Communication of Audit Results The Corporation of the Town of Aurora For the year ended December 31, 2006 Grant Thornton ar -5- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 Grant Thornton T Grant Thornton LLP Chartered Accountants Management Consultants May 11, 2007 To the members of the Audit Committee of The Corporation of the Town of Aurora We are pleased to report that we have now substantially completed our audit of the consolidated financial statements of The Corporation of the Town of Aurora for the year ended December 31, 2006, We have attached our draft auditors' report. We will finalize this auditors' report once we have the opportunity to discuss the results of our audit with you. The report to the Audit Committee has been prepared in accordance with the assurance recommendations issued by the Canadian Institute of Chartered Accountants (CICA) entitled "Communications with Those Having Oversight Responsibility for the Financial Reporting Process", That standard recommends we communicate with the Audit Committee various matters including: the overall audit strategy, our responsibility as auditors, any matters arising from the audit, misstatements, significant accounting policies, and any other matters that may be of interest to the Audit Committee. We express our appreciation for the cooperation and assistance received from the management and staff of The Corporation of the Town of Aurora during the course of our audit. If you have any particular comments or concerns, please do not hesitate to raise them at our scheduled meeting. Yours very truly, GRANT THORNTON LLP LLP Allister Byrne, F.C.A. Partner cc: John Rogers, CAO L. John Gutteridge, Treasurer / Director of Finance 15 Allstate Parkway Suite zoo Markham, Ontario L3R 684 T (416) 366-0100 F (905) 475-8906 E Markham@ GrantTh ornton.ca W www.GrantThornton.ca Canadian Member of Grant Thornton International SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 Contents Page Statusof the audit.....................................................................................................................4 Auditresults..............................................................................................................................5 Reportable matters 3 Technical updates....................................................................................................................5 Appendices Appendix A — Auditors' Reports..............................................................................................9 Appendix B — Management Representation Letter 12 Appendix C — Management Letter......................................................................................... 17 Appendix D — Accounting and Auditing Developments 25 -7- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 h Status of the audit We have substantially completed our audits of the financial statements of The Corporation of the Town of Aurora and the Aurora Public Library Board (the "Town") for the year ended December 31, 2006 and the results of those audits are included in this report. As noted in the covering letter, we have attached our draft auditors' reports as Appendix A. The following items need to be completed before our audit report is signed: • Receipt of signed management representation letter (draft has been attached as Appendix B); • Receipt of the responses to our legal enquiries; • Approval of the financial statements by the Audit Committee. Q�� SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 Audit results Summary of differences Our audit identified the unadjusted differences noted below. There were no differences identified in the financial statements of the Aurora Public Library Board. SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 Reportable matters Internal control Management is responsible for the design and operation of an effective system of internal control that provides reasonable assurance that the accounting system provides timely, accurate and reliable financial information, and safeguards the assets of the entity. Through our role as auditors of your financial statements we possess an understanding of the entity and its environment, including internal control. However, a financial statement audit is not designed to provide assurance on internal control. Professional standards do require us to communicate to the Audit Committee material weaknesses and significant deficiencies in internal control that have come to our attention in the course of performing the audit. Our comments and recommendation on these matters have been provided in an internal control letter. Significant new accounting policies There were no. significant new accounting policies noted in the year. Management's judgements and accounting estimates Management has the responsibility for applying judgement in preparing the accounting estimates and disclosures contained within the financial statements. The fact that estimates are used in the preparation of the financial statements is outlined in Note 1 to the financial statements. The following are particularly sensitive estimates and disclosures included within the financial statements: Liability for em loovee benefits: Actuarial valuations are ordinarily performed every three years, using the projected benefit method. Due to timing issues, the actuarial valuation scheduled for the December 31, 2006 year end has not yet been completed, and will be available in 20M for disclosure in the 2007 financial statements. The 2006 values are based on an extrapolation performed by the actuary. Controversial, emerging or unique accounting policy issues There were no new controversial, emerging or unique accounting policies issues noted. -10- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 Cooperation during the audit We report that we received cooperation from the employees of the Town. To our knowledge, we were provided access to all necessary records and other documentation and any issues that arose as a result of our audit were discussed with staff and have been resolved to our satisfaction. We are also pleased to report that the Town has made significant improvement in the completion and timeliness of the preparation of the financial statements and the providing of information to us. Consultations with other accountants To our knowledge, management did not seek the advice or opinion of other external accountants on financial reporting or accounting matters. Fraud and illegal acts Our inquiries of management did not reveal any fraud or illegal acts. Independence As external auditors of the Town, we are required to be independent in accordance with Canadian professional standards. These standards require that we disclose to the Audit Committee an relationships that, in our professional judgement, may reasonably be thought to bear on our independence. Our independence letter dated October 4, 2006 was provided to you as part of our Audit Plan which confirms that we are independent with respect to the Town within the meaning of the Rules of Professional Conduct of the Institute of Chartered Accountants of Ontario as of October 4, 2006, We reconfirm that we are not presently aware of any relationship or non -audit services that would impair our independence for purposes of expressing an opinion on the consolidated financial statements. -11- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 Technical updates Accounting and auditing standards Recent changes in accounting and auditing standards have been summarized in Appendix D. These accounting and auditing changes have had no effect on the Town for this year. -12- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 Appendix A - Auditors' Reports -13- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 m ;Olxa fr �; Lv:.�rt' p,.i lae Auditors' Report - Town To the Members of Council, Inhabitants, and Ratepayers of The Corporation of the Town of Aurora We have audited the consolidated statement of financial position of The Corporation of the Town of Aurora as at December 31, 2006 and the consolidated statements of financial activities and changes in financial position for the year then ended. These consolidated financial statements are the responsibility of the Town's management. Our responsibility is to express an opinion on these consolidated financial statements based on our audit. We conducted our audit in accordance with Canadian generally accepted auditing standards. Those standards require that we plan and perform an audit to obtain reasonable assurance whether the consolidated financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the consolidated financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall consolidated financial statement presentation, In our opinion, these consolidated financial statements present fairly, in all material respects, the financial position of The Corporation of the Town of Aurora as at December 31, 2006 and the results of its operations and the changes in its financial position for the year then ended in accordance with Canadian generally accepted accounting principles. Budget figures are provided for comparative purposes and have not been subject to audit procedures. Accordingly, we do not express any opinion regarding the budget figures. Markham, Canada April 13, 2007 Grant Thornton LLP Chartered Accountants Licensed Public accountants -14- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 r �R Auditors' Report - Library To the Members of Aurora Public Library Board, m We have audited the statement of financial position of the Aurora Public Library Board as at December 31, 2006 and the statement of financial activities for the year then ended. These financial statements are the responsibility of the Aurora Public Library Board's management. Our responsibility is to express an opinion on these consolidated financial statements based on our audit. We conducted our audit in accordance with Canadian generally accepted auditing standards. Those standards require that we plan and perform an audit to obtain reasonable assurance whether the consolidated financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. In our opinion, these financial statements present fairly, in all material respects, the financial position of the Aurora Public Library Board as at December 31, 2006 and the results of its operations for the year then ended in accordance with Canadian generally accepted accounting principles. Budget figures are provided for comparative purposes and have not been subject to audit procedures. Accordingly, we do not express any opinion regarding the budget figures. Markham, Canada April 13, 2007 Grant Thornton LLP Chartered Accountants Licensed Public accountants -15- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 ,2 Appendix B — Management Representation Letter -16- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 13 May 10, 2007 Grant Thornton LLP 200 Allstate Parkway Suite 200 Markham, ON UR 5B4 Dear Sir: We are providing this letter in connection with your audit of the consolidated financial statements of The Corporation of the Town of Aurora, and Aurora Public Library Board (the "Town") as of December 31, 2006, and for the year then ended, for the purpose of expressing an opinion as to whether the consolidated financial statements present fairly, in all material respects, the financial position, results of operations, and cash flows of the Town in accordance with Canadian generally accepted accounting principles. We acknowledge that we are responsible for the fair presentation of the consolidated financial statements in accordance with Canadian generally accepted accounting principles and for the design and implementation of internal controls to prevent and detect fraud and error. We have assessed the risk that the consolidated financial statements may be materially misstated as a result of fraud, and have determined such risk to be low. Further, we acknowledge that your examination was planned and conducted in accordance with Canadian generally accepted auditing standards so as to enable you to express an opinion on the consolidated financial statements. We understand that while your work includes an examination of the accounting system, internal controls and related data to the extent you considered necessary in the circumstances, it is not designed to identify, nor can it necessarily be expected to disclose, fraud, shortages, errors and other irregularities, should any exist, Certain representations in this letter are described as being limited to matters that are material. An item is considered material, regardless of its monetary value, if it is probable that its omission from or misstatement in the consolidated financial statements would influence the decision of a reasonable person relying on the consolidated financial statements. We confirm, to the best of our knowledge and belief, as of April 13, 2007, the following representations made to you during your audit: Financial statements 1. The consolidated financial statements referred to above present fairly, in all material respects, the financial position of the entity as at December 31, 2006 and the results of its operations and its cash flows for the year then ended in accordance with Canadian generally accepted accounting principles. Completeness of information 2. We have made available to you all financial records and related data and all minutes of the meetings of shareholders, directors, and committees of directors. Summaries of actions of -17- SPECIAL.GENERAL COMMITTEE - AUDIT - MAY 22, 2007 14 recent meetings for which minutes have not yet been prepared have been provided to you. All significant board and committee actions are included in the summaries. 3. There are no material transactions that have not been properly recorded in the accounting records underlying the consolidated financial statements. The adjusting journal entries which have been proposed by you, are approved by us and will be recorded on the books of the entity. 4. We are unaware of any known or probable instances of non-compliance with the requirements of regulatory or governmental authorities, including their financial reporting requirements. 5. We are unaware of any violations or possible violations of laws or regulations the effects of which should be considered for disclosure in the consolidated financial statements or as the basis of recording a contingent loss. 6. We have identified to you all known related parties and related party transactions, including sales, purchases, loans, transfers of assets, liabilities and services, leasing arrangements guarantees, non -monetary transactions and transactions for no consideration. 7. You provided a non -attest service by assisting us with drafting the consolidated financial statements and related notes. In connection with this non -attest service, we confirm that we have made all management decisions and performed all management functions, have the knowledge to evaluate the accuracy and completeness of the consolidated financial statements, and accept responsibility for such consolidated financial statements. Fraud and error 8. We have no knowledge of fraud or suspected fraud affecting the entity involving management; employees who have significant roles in internal control; or others, where the fraud could have a non -trivial effect on the consolidated financial statements. 9. We have no knowledge of any allegations of fraud or suspected fraud affecting the entity's financial statements communicated by employees, former employees, analysts, regulators or others. 10. We believe that the effects of the uncorrected financial statement misstatements summarized in the accompanying schedule are immaterial, both individually and in the aggregate, to the consolidated financial statements taken as a whole. Recognition, measurement and disclosure 11. We believe that the significant assumptions used in arriving at the fair values of financial instruments as measured and disclosed in the consolidated financial statements are reasonable and appropriate in the circumstances. at= SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 15 12. We have no plans or intentions that may materially affect the carrying value or classification of assets and liabilities reflected in the consolidated financial statements. 13. All related party transactions have been appropriately measured and disclosed in the consolidated financial statements. 14. The nature of all material measurement uncertainties has been appropriately disclosed in the consolidated financial statements, including all estimates where it is reasonably possible that the estimate will change in the near term and the effect of the change could be material to the consolidated financial statements. 15. Any business combination that occurred during the year has been properly accounted for with appropriate consideration of amounts that should be allocated to goodwill and other intangible assets. 16. Any goodwill or intangibles on the books of the entity are evaluated annually to determine whether or not they have been impaired, and an appropriate loss provision is provided in the accounts where there has been a permanent impairment. 17. We have informed you of all outstanding and possible claims, whether or not they have been discussed with legal counsel. 18. All liabilities and contingencies, including those associated with guarantees, whether written or oral, have been disclosed to you and are appropriately reflected in the consolidated financial statements. 19. All "off -balance sheet" financial instruments have been properly recorded or disclosed in the consolidated financial statements. 20. No derivative financial instruments were purchased during the year. 21. With respect to environmental matters: a) at year end, there were no liabilities or contingencies that have not already been disclosed to you; b) liabilities or contingencies have been recognized, measured and disclosed, as appropriate, in the consolidated financial statements; and c) commitments have been measured and disclosed, as appropriate, in the consolidated financial statements. 22. The entity has satisfactory title to (or lease interest in) all assets, and there are no liens or encumbrances on the entity's assets nor has any been pledged as collateral. 23. We have disclosed to you, and the entity has complied with, all aspects of contractual agreements that could have a material effect on the consolidated financial statements in the event of non-compliance, including all covenants, conditions or other requirements of all outstanding debt. -19- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 16 24. The Goods and Services Tax (GST) and Harmonized Sales Tax (HST) transactions recorded by the entity are in accordance with the federal and provincial regulations. The CST and HST liability/ receivable amounts recorded by the entity are considered complete. 25. Employee future benefit costs, assets, and obligations have been determined, accounted for and disclosed in accordance with the requirements of Section 3461 Employee Future Benefits of the Canadian Institute of Chartered Accountants Handbook — Accounting. 26, There have been no events subsequent to the balance sheet date up to the date hereof that would require recognition or disclosure in the consolidated financial statements. Further, there have been no events subsequent to the date of the comparative financial statements that would require adjustment of those financial statements and related notes. Other 27. The entity has obtained all consents and authorizations under law in respect of the personal information, if any, of employees, customers and other individuals provided to you in the course of your audit, and you are authorized to use such personal information required for your workpapers. Yours very truly, .................................................... John S. Rogers Chief Administrative Officer ......................................................................................... L. John Gutteridge Director of Finance/ Treasurer -20- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 ,7 Appendix C — Management Letter -21- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 Grant Thornton V Grant Thornton LLP Chartered Accountants Management Consultants May 11, 2007 Members of the Audit Committee The Corporation of the Town of Aurora 1 Municipal Drive, Box 1000 Aurora, ON L4G 6J1 Dear Committee Members: Internal control findings from the 2006 audit Receiving observations and findings on your financial reporting processes and controls is one benefit of the annual audit of The Corporation of the Town of Aurora (the "Town"). Grant Thornton LLP has fully implemented processes and technology to address the changing standards of conducting a financial statement audit. This includes an increased emphasis on internal control. The standards of the public accounting profession require us to report annually to you our findings on weaknesses and deficiencies in your internal controls. In the attached Appendix, we have identified the items that we wish to bring to your attention. Our audit is planned and conducted to enable us to express an audit opinion on the annual financial statements of the Town. The matters dealt with in this letter came to our attention during the conduct of our normal examination, and as a result, this letter may not necessarily include all matters that would be uncovered through a more extensive examination. It is management's responsibility to weigh the costs of implementing controls against the benefits that the controls will achieve. The purpose of this letter is to provide you with the information related to the identified risks so that you can make the necessary decisions. The matters discussed in the attached Appendix are those that have been noted as of the date of our Auditors' report, April 13, 2007. We have not updated our procedures regarding these matters subsequent to that date. This communication is prepared solely for the information of management and is not intended for any other purposes; we accept no responsibility to a third party who uses this communication. 15 Allstate Parkway Suite 200 Markham, Ontario 1311564 T (416)366-0100 F (905)475-8906 E Markham@ GrantThornton.ca W www.GrantThornton.ca Canadian Member of Grant Thomtan International -22- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 Grant ThorntonTj Thank you for the opportunity to contribute to the present and future success of the Town. Yours very truly, Allister Byrne, F.C.A. Partner cc John S. Rogers, Chief Administrative Officer L. John Gutteridge, Director of Finance/ Treasurer -23- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 Grant Thornton F A. Findings Arising From This Year's Audit Z Remote access authentication O&senenicn Remote access to the Town's IT environment still requires only a single level of authentication (i.e. the LAN password). Imnliauicn Remote users are not subject to the multiple levels of physical and logical controls that onsite users are subjected to in order to gain access to the IT environment. A single level of authentication for remote access to the Town's network increases the risk that unauthorized users may access the Town's systems, and modify or delete programs or data. Rexmmax1Mcn Generally accepted information security practices for remote access to systems is to have two -factor authentication. Two -factor authentication is described in ISO 17799 ("Information Technology - Security Techniques - Code of Practice for Information Security Management"). Mcaicrgmw Repmse IT performed external and internal penetration testing in 2006 and made changes to security threats identified by the consultant. Furthermore IT will perform follow up penetration test in 2007 to identity any security threats once the appropriate security infrastructure is installed. 2 Fire Services Training Gnmt Obsetigticn A Fire Services Training grant, received on April 1, 2005, is an unconditional grant to be used for fire training. To date the funds have not been expended and are recorded as deferred revenue. Rarrruriavclatiar The grant should be taken into revenue and put in a Reserve fund. Mcma�enert Canmert In 2007, the money will be put into a Reserve fund. -24- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 Grant Thornton 8 B. Status of Findings in Previous Management Letters Password Con hvis Obsaiwt n Applications such as Vadim and Class have weak password features i.e. passwords do not expire, have no maximum age and are not complex. The Town has been informed by the vendors that there no plans to enhance the password security features of these applications I 'aficn Weak password security increases the risk that unauthorized users can figure out passwords and gain unauthorized access to the system and its data. Rmrmr'aas We recommend that the Town should compensate for the weak password security at the applications level by enhancing the domain level controls by. • Increasing the change frequency (from the present 90 days to 30 days) • Increasing the minimum length from 6 characters to 9 characters • Increasing password history to 15 passwords remembered Mahan eat Status Update In reviewing this we have determined that neither Vadim nor Class has this ability to set expiry date and to this end we have enhanced the domain level controls. We have increased the change frequency to 60 days, this is not the 30 days as recommended as although this control is easy to administer through the technology it does create havoc and stress for staff and IT support. We have increased the minimum length for passwords to 10 characters and the passwords require utilization of various characters which further enhances the security. Our password history has been increased to 10 passwords, with the 60 day frequency we believe that 10 would be sufficient. 2. Disastermcoveryprocess Obsmwim The Town of Aurora has a Business Continuity Plan but this does not include Disaster Recovery Procedures for recovery of IT systems. Lrnaiait Without a proper tested disaster recovery plan, it will be difficult for the organization to recover from hardware failures, software failures or data loss. This may result in breakdown of internal control as reactive measures are instituted to recover systems and catch up with transaction processing. -25- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 Grant Thornton V Rem"natdcdw Develop and document a disaster recovery plan that is communicated to all recovery team members. The plan should be tested on a regular basis (annually at a minimum) to ensure that recovery requirements will be met by plan execution and the results of testing should initiate applicable changes to the plan. The plan should also be reviewed by management on a regular basis to ensure that significant business, environment and technology changes are reflected in the plan. Mcmmimt Status Update When this was identified to the Department, management proceeded immediately with the process of developing a Disaster Recovery Process as a priority. Phase 1 has been completed and Phase 2 has been approved in the 2007 budget. 3. Information securitypoGeies and procedures Obsmutiai Formal IT Governance policies and procedures do not exist. I i¢¢icns The lack of approved documented policies and procedures increase the risk that IT procedures and related controls may not be properly understood, executed and evidenced with audit trails and applied on a consistent basis to the IT operations. Rairmnevddicn The following are policies and procedures management should consider creating: • Acquisition and maintenance of hardware, software, and infrastructure • Security policy, including access Control —new hires, modifications, terminations • Change management • Configuration management • Datamanagement • Help desk • Anti -virus management • IT document management • Backup tape procedures • Information security policy • End -user conduct policy McnagayV Status U This project has been approved in the 2007 Capital Program. -26- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 Grant Thornton V 4 Comml activities are not documented Obsatiuticn During our audit we observed that a number of control activities and procedures are undocumented, including: • The review of firewall logs, security events, and configuration, • The periodic review of user profiles and assignments to groups at the operating system, database, and application level, and • The results of operating system and database level patch testing. Impltiauiaxs The lack of documented or implemented polices, processes, and evidence of execution of IT control activities, limits the ability of management to ensure: • The controls procedures were performed on a timely basis, and by the appropriate individuals; • Exceptions were handled appropriately; and, • Sufficient evidence of the design and operational effectiveness of IT general controls is available for certification related to internal control over financial reporting. Rm mmeid dcn Management should continue to develop and implement IT general control based policies and processes. Yoga V Stcuus Uydwe Management will evaluate its options to deal with this issue in the near future, 5. Old outstanding amounts payable Obseu tm & Impli¢ r cn During the audit, we noted a number a number of deposits and refund of taxes payable which have remained unpaid, some of them dating back to 1987. Re wnmdWzcn We recommend that a policy should be adopted as to the period of time a payable amount should remain on the books before it is written off. tYlanamo# adla U ate We agree with the Auditor that a policy should be developed and will prepare and present this policy to the Council. 6, Inadequate segregation of duties Obsa mum The backbone of any strong system of internal control is the proper segregation of duties among the various staff. A lack of proper segregation increases the risk of a possible error going undetected. The -27- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 Grant Thornton 8 Town's Finance group operates with a limited number of staff and the proper segregation of duties among the staff should be addressed. A review and reallocation of certain roles and responsibilities of staff in the Department will improve the segregation of duties and strengthening the overall system of internal control within the Town. Raerrune dcrtian The Town should review staff duties and responsibilities in the financial services department with a view to strengthening the internal control aspects of the Town's operations. Himmrtmt Status Up�C te' We agree with the Auditor that segregation of duties is a valuable method of Internal Control and we have implemented some changes to date. As has been indicated in our office with limited staff it is difficult. We are in the process of a review and reallocation of roles and responsibilities to accommodate appropriate segregation. IF= SPECIAL GENERAL COMMITTEE - AUDIT — MAY 22, 2007 zs Appendix D - Accounting and Auditing Developments —29— SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 26 The planning memorandum provided October 4, 2006 included accounting and auditing developments through that date. -30- SPECIAL GENERAL COMM I TTEE aT-MgHTMr=N"2 22, 2007 The Corporation of the Town of Aurora Consolidated Financial Statements December 31, 2006 -31- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 Contents Page Auditors' Report 1 Consolidated Statement of Financial Position 2 Consolidated Statement of Financial Activities 3 Consolidated Statement of Changes in Financial Position 4 Notes to the Consolidated Financial Statements 5 - 12 Schedule of Operating Fund Activities — Schedule 1 13 Schedule of Capital Fund Activities — Schedule 2 14 Schedule of Reserves and Reserve Funds Activities — Schedule 3 15 Grant Thornton -32- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 Grant Thornton Grant Thornton LLP Chartered Accountants Management Consultants Auditors' Report To the Members of Council, Inhabitants and Ratepayers of The Corporation of the Town of Aurora We have audited the consolidated statement of financial position of The Corporation of the Town of Aurora as at December 31, 2006 and the consolidated statements of financial activities and changes in financial position for the year then ended. These consolidated financial statements are the responsibility of the Town's management. Our responsibility is to express an opinion on these consolidated financial statements based on our audit. We conducted our audit in accordance with Canadian generally accepted auditing standards. Those standards require that we plan and perform an audit to obtain reasonable assurance whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. In our opinion, these consolidated financial statements present fairly, in all material respects, the financial position of the Town as at December 31, 2006 and the results of its operations and changes in financial position for the year then ended in accordance with Canadian generally accepted accounting principles. Budget figures are provided for comparative purposes and have not been subject to audit procedures. Accordingly, we do not express any opinion regarding the budget figures. Markham, Canada April 13, 2007 Chartered Accountants Licensed Public Accountants 15 Allstate Parkway Suite 200 Markham, Ontario UR 5B4 T (416) 366-0100 F (906)475-8906 E Markham@GrantThornton.ca W www.GrantThornton.ca Canadian Member of Grant Thornton Intematlonal -33- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 The Corporation of the Town of Aurora Consolidated Statement of Financial Position As at December 31 2006 2005 Assets Cash and short term investments (Note 2) $ 58,569,096 $ 58,316,323 Taxes receivable 5,831,161 6,689,674 User charges receivable 2,390,428 2,454,609 Accounts receivable 2,054,320 3,528,323 Investment in Borealis Hydro Electric Holdings Inc. (Note 3) 1 1 68,845,006 70,988,930 Liabilities Accounts payable and accrued liabilities 6,901,022 11,793,745 Deposits and deferred revenue 3,476,604 4,667,537 Deferred revenue - Obligatory reserve funds (Note 4) 6,346,464 1,542,752 Employee future benefits liabilities (Note 5) 588,121 552,022 Long term debt (Note 6) 15,723,531 16,916,000 Net Financial Assets MUNICIPAL POSITION Fund Balances Operating Fund (Page 13) Capital Fund (Page 14) Reserves and Reserve Funds (Page 15) Equity in Borealis To be recovered from future revenues Municipal position Contingencies (Note 11) Approved by: 33.035J42 35,471,05 $ 35,809,264 $ 35,517,874 $ 301,717 $ 1,290,642 6,527,021 8,420,872 44,704,056 42,721,359 1 1 51,523,795 52,432,874 (15,723,531) (16,915,000) $ 35,809,264 $ 35,517,874 See accompanying notes to the consolidated financial statements. 2 -34- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 The Corporation of the Town of Aurora Consolidated Statement of Financial Activities Budget Actual Actual Year Ended December 31 2006 2006 2005 (Unaudited) Revenues Taxation (Note 7) $ 21,688,075 $ 22,084,678 $ 20,152,742 User charges 17,567,308 15,453,337 20,340,754 Grants 1,140,020 1,045,802 296,242 Other (Note 8) 3,822,425 8,142,160 8,381,048 Proceeds from sale of Borealis Hydro Electric Holdings Inc. (Note 3) 35,239,528 44,217,828 46,725,977 84,410,314 Expenditures Operating General government 5,339,224 4,978,281 4,729,065 Protection to persons and property 6,627,141 6,145,523 5,851,939 Transportation services 2,933,769 2,609,604 3,523,561 Environmental services 9,582,767 9,591,956 8,464,553 Leisure and cultural services 11,628,319 11,428,788 8,965,293 Planning and development 1,214,957 1,206,617 1,043,247 37,326,177 36,960,769 32,577,658 Capital General government 430,000 509,642 279,677 Protection to persons and property 400,000 329,429 - Transportation services 5,240,783 3,839,910 4,271,460 Environmental services 1,600,000 1,146,241 3,465,559 Leisure and cultural services 1,989,500 4,524,704 21,846,703 Planning and development 150,000 87,792 59,286 9,810,283 10,437,718 29,922,685 Total expenditures (Note 9) 47,136,460 46,398,487 62,500,343 Net revenues (expenditures) (2,918,632) 327,490 21,909,971 Financing and transfers Issuance of long term debenture 16,915,000 Principal repayment of long term debt (1,191,470) (1,191,470) - Changes in employee benefit obligation (36,099) (126,376) Change in fund balances $ (4,110,102) $ (900,079) $ 38,698,595 See accompanying notes to the consolidated financial statements. 3 —35— SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 The Corporation of the Town of Aurora Consolidated Statement of Changes in Financial Position Year Ended December31 2006 2005 Increase (decrease) in cash and cash equivalents Operating activities Net revenue Less: Increase in employee future benefits obligation Uses: Increase in taxes receivable Increase in user charges receivable Increase in accounts receivable Decrease in accounts payable and accrued liabilities Decrease in deposits and deferred revenues Decrease in obligatory reserve funds Sources: Decrease in taxes receivable Decrease in user charges receivable Decrease in accounts receivable Increase in obligatory reserve funds Increase in accounts payable and accrued liabilities Increase in deposits and deferred revenues Increase in employee future benefits obligation Net cash from operations Financing Issuance of long term debt Principal repayment of long term debt Net increase in cash during the year Cash and short term investments, beginning of year Cash and short term investments, end of year $ 327,490 $ 21,909,971 (126,376) 327,490 21,783,595 (2,233,729) (934,466) (1,977,416) (4,892,723) (1,190,933) (5,267,581) (6,083,656) (10,413,192) 858,513 - 64,181 - 1,474,003 - 4,803,712 - 2,016,991 216,055 126,376 7,200,409 2,357,422 1,444,243 13,727,825 16,915,000 (1,191,470) - 252,773 30,642,825 58,316,323 27,673,498 $ 58,669,096 $ 68,316,323 See accompanying notes to the consolidated financial statements. 4 -36- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 The Corporation of the Town of Aurora Notes to the Consolidated Financial Statements December 31, 2006 The Corporation of the Town of Aurora (the "Town") is a municipality in the Province of Ontario. The Town conducts its operations guided by the provisions of provincial statutes such as the Municipal Act, Municipal Affairs Act and related legislation. 1. Summary of significant accounting policies The consolidated financial statements of the Town are the representation of management and have been prepared in accordance with Canadian generally accepted accounting principles for local governments as recommended by the Public Sector Accounting Board ("PSAB") of The Canadian Institute of Chartered Accountants. Significant accounting policies adopted by the Town are as follows: Basis of consolidation The consolidated financial statements reflect the assets, liabilities, revenues, expenditures and fund balances of the Town, and except for government business enterprise which are accounted for by the modified equity basis of accounting, comprise all of the organizations that are accountable for the administration of their financial affairs and resources to the Town and are owned or controlled by the Town. The Aurora Public Library Board is fully consolidated in these consolidated financial statements. All inter -organizational and inter -fund transactions and balances are eliminated. The taxation, other revenues, expenditures, assets and liabilities with respect to the Boards of Education within the Regional Municipality of York are not reflected in the Town's consolidated financial statements. Basis of accounting Revenues and expenditures are reported on the accrual basis of accounting. The accrual basis of accounting recognizes revenues as they become available and measurable; expenditures are recognized as they are incurred and measurable as a result of receipt of goods or services and the creation of a legal obligation to pay. Inventories Expenditures on materials and supplies are reported as an expenditure on the consolidated statement of financial activities in the year of acquisition. Non -financial assets Non -financial assets are recorded in the period the goods or services are acquired. Capital assets The historical cost and accumulated amortization of capital assets are not recorded for Town purposes. Capital assets acquired are reported as an expenditure on the consolidated statement of financial activities in the year of acquisition. -37- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 The Corporation of the Town of Aurora Notes to the Consolidated Financial Statements December 31, 2006 1. Summary of significant accounting policies (continued) Pensions agreements The Town makes contributions to the Ontario Municipal Employees Retirement Fund (OMERS), a multi -employer public sector pension fund, based on the principles of a defined benefit plan, which specifies the amount of the retirement benefit to be received by the employees on the basis of predefined retirement age, length of eligible service and rates of remuneration over a fixed period of time. Employee future benefits Employee future benefits include health and basic dental coverage that the Town pays on behalf of its current and retired employees. The Town records these future benefits as they are earned during the employee's tenure of service. The Town also estimates future benefits relating to accumulated sick credits and overtime as they are earned. The present value of the cost of providing employees with future benefit programs is expensed as employees earn these entitlements through service. The cost of the benefits earned by employees is actuarially determined using the projected benefit method prorated on service and management's best estimate of retirement ages of employees and expected health care and dental costs. Vacation entitlements are accrued for as entitlements are earned. Deferred revenue Deferred revenues represent user charges and fees which have been collected but for which the related services have yet to be performed. These accounts will be recognized as revenues in the fiscal year the services are performed. The Town receives development charges under the authority of provincial legislation and Town by-laws. These funds, by their nature, are restricted in their use and, until applied to specific capital works, are recorded as deferred revenue. Use of estimates The preparation of financial statements in conformity with Canadian generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the financial statements, and the reported amounts of revenues and expenditures during the period. Actual results could differ from these estimates. Budget figures The approved operating and capital budgets for 2006 are reflected on the Consolidated Statement of Financial Activities. The budgets established for the capital fund operations are on a project -oriented basis, the costs of which may be carried out over one or more years and, therefore, may not be comparable with the current year actuals. con SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 The Corporation of the Town of Aurora Notes to the Consolidated Financial Statements December 31. 2006 1. Summary of significant accounting policies (continued) Reserves and reserve funds Certain amounts, as approved by the Town Council, are set aside in reserves and reserve funds for future operating and capital purposes. Transfer to/from reserves and reserve funds are an adjustment to the respective fund when approved. Subdivision infrastructure Subdivision streets, lighting, sidewalks, drainage and other infrastructure are required to be provided by subdivision developers. Upon completion they are turned over to the municipality. The municipality is not involved in the construction and does not budget for either the contributions from the developer or the capital expenditure. Investment income Investment income earned on surplus operating funds, capital funds, and reserves and reserve funds are reported as revenue in the period earned. Investment income earned on development charges (obligatory reserve funds) is added to the fund balance and forms part of the deferred revenue balance. 2. Short term investments Short term investments, recorded at a cost of $47,195,755 (2005 - $43,883,545), have a market value approximating cost. These investments consist of interest -bearing certificates that are liquid in nature and are included as part of cash and short-term investments. 3. Investment in Borealis Hydro Electric Holdings Inc. The Town's investment in Borealis Hydro Electric Holdings Inc. is as follows: 2006 2005 Share capital Borealis Hydro Electric Holdings Inc. - 1,000 common shares $ 1 $ 1 Retained earnings - - Long term debt — unsecured promissory note Total investment $ 1 $ 1 Details of the continuity of the investment are as follows: Balance, beginning of year Net income for the year Proceeds on sale of Hydro investment Balance, end of year $ 1 $ 27,112,557 - 8,126,972 (35,239,528) $ 7 $ 1 FA -39- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 The Corporation of the Town of Aurora Notes to the Consolidated Financial Statements December 31, 2006 4. Deferred revenue — Obligatory reserve funds A requirement of PSAB is that obligatory reserve funds be reported as deferred revenue. This requirement is in place as provincial legislation restricts how these funds may be used and, under certain circumstances, how these funds may be refunded. Obligatory reserve funds consist of the following: 2006 2005 Development charges $ (625,183) $ (1,093,191) Park purposes 4,668,703 2,219,246 Building Code Act, 1992 668,663 - Federal Gas Tax 174,224 4,986,397 1,126, 055 Development charges transferred to capital but unexpended at the end of the year 1,360,067 416.697 $ 6,346,464 $ 1,542,752 Development charges reserve fund is overspent at the year-end and will be recovered from future years' development charges. 5. Employee future benefit obligations 2006 2005 Employee future benefits $ 425,706 $ 389,607 Accrued sick leave 131,715 131,715 Accrued overtime 30,700 30,700 $ 588,121 $ 552,022 Employee future benefits are health and dental benefits that are provided to early retirees, future retirees, and employees currently on a long term disability. The Town recognizes these post -retirement costs as they are earned during the employee's tenure of service. The last actuarial valuation carried out was December 31, 2003. Information about the Town's post retirement benefits plan is as follows: 2006 2005 Employee future benefits payable Employee future benefits, beginning of year Add: Benefit expense Interest cost Less: Expected benefits paid for the period Employee future benefits, end of year $ 425,706 $ 389,607 $ 389,607 $ 356,146 22,211 20,954 23,747 21,721 (9,859) (9,214) $ 425,706 $ 389,607 e -40- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 The Corporation of the Town of Aurora Notes to the Consolidated Financial Statements December 31, 2006 5. Employee future benefit obligations (continued) The main assumptions employed for the actuarial valuation prepared at December 31, 2003 are as follows: Interest (discount) rate The present value of the post employment benefit liability was determined using a discount rate of 6.0%. Health costs Health costs were assumed to increase at an average increase of 10.0% for 2004 and decrease thereafter to 5.0% per year. Dental costs Dental costs were assumed to increase at a average increase of 5.0% in 2004 and thereafter. Actuarial evaluations for accounting purposes are performed every three years using the projected benefit method prorated on services. The most recent actuarial report was prepared at December 31, 2003. The average remaining service period of the active employees covered by the benefit plan is thirteen years for 2004. As there have been no significant changes in staff composition or claims history, nor have there been any major deviations from the assumptions made for the December 31, 2003 valuation, the 2006 benefit liability was estimated extrapolating from the amount of full time salaries and wages. The actuarial valuation for the year ended December 31, 2006 has not yet been completed, and will be available later in 2007 for disclosure in the 2007 financial statements. 6. Longterm debt Debenture, bearing interest at rates varying from 3.1 % to 4.1 %, maturing in September 2015. Principal is repayable in annual instalments and interest is payable in half yearly instalments. Debenture, bearing interest at 4.37%, maturing in September 2025. Principal and interest is repayable in half yearly instalments of $160,272. 2006 2005 $ 11,616,000 $ 12,737,500 4.108,531 $ 15,723,631 4,177, 500 $ 16,915,000 The debentures were issued by The Regional Municipality of York, on behalf of the Town, to fund the construction of the Town's new recreation complex. P -41- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 The Corporation of the Town of Aurora Notes to the Consolidated Financial Statements December31, 2006 6. Long Term Debt (continued) Principal repayments for each of the next five years and thereafter are as follows: 2007 $ 1,240,500 2008 1,289,796 2009 1,342,372 2010 1,397,237 2011 1,453,406 Thereafter 9,000 220 $ 15,723,531 7. Net taxation charges 2006 2005 Total taxes levied by the Town $ 77,506,488 $ 73,911,862 Less: Taxes levied on behalf of the Boards of Education 25,372,955 24,647,231 Taxes levied on behalf of the Region of York 30,047,856 29 111,889 $ 22,084,678 . $ 20,162,742 8. Other revenue 2006 2005 Operating Penalties and interest on taxes $ 757,463 $ 669,846 Fines 477,233 508,535 Rents and leases 1,870,746 1,766,567 Interest income 1,227,649 1,846,421 Other 593,587 404,333 4,926,678 5 195,702 Capital Proceeds from other municipalities 1,064,659 2,369,321 Proceeds from developers 247,000 361,713 Other 265,187 59,527 1,576,846 2,790,561 Reserves and Reserve Funds Interest income 1,614,461 321,682 Other 24,175 73,103 1,638,636 394,785 $ 8,142,160 $ 8,381,048 10 -42- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 The Corporation of the Town of Aurora Notes to the Consolidated Financial Statements December 31, 2006 9. Classification of expenditures by object 2006 2005 Expenditures by object consist of the following: Salaries, wages and benefits $ 14,626,143 $ 12,780,679 Interest on long term debt 644,970 161,611 Contracted services 16,820,753 16,547,748 Materials and supplies 3,968,903 3,249,231 Capital and other 10,437,718 29,761,074 $ 46,398,487 $ 62,500,343 10. Pension agreements The Town makes contributions to the Ontario Municipal Employees Retirement System ["OMERS"], which is a multi -employer plan, on behalf of all full-time members of its staff. OMERS is a defined benefit plan which specifies the amount of the retirement benefits to be received by the employees based on the length of service and rates of pay. Contributions in 2006 ranged from 6.5% to 10.75% depending on the level of earnings. The 2006 operating expense for OMERS was $705,763 (2005 - $669,761). 11. Contingencies The Town is subject to various legal claims arising in the normal course of its operations. The ultimate outcome of these claims cannot be determined at this time, therefore, no amounts have been recorded in these financial statements. The Town's management believe that the ultimate disposition of these matters will not have a material adverse effect on its financial position. 12. Central York Fire Services Effective January 1, 2002, the Town entered into a Joint Venture Agreement with the Town of Newmarket with respect to the provision of Fire and Emergency services. Under the Agreement, the Town of Newmarket assumed responsibility for the combined Central York Fire Services. The cost of these services is shared between the two municipalities on the basis of a pre -defined cost sharing formula. The Town's share of costs for the year was $5,600,878 (2005 - $5,180,809). 11 -43- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 The Corporation of the Town of Aurora Notes to the Consolidated Financial Statements December 31, 2006 13. Insurance coverage The Town is self insured for insurance claims up to $10,000 for any individual claim and for any number of claims arising out of a single occurrence. Claim costs during the year amounted to $53,614 (2005 - $58,161). The Town has made provisions for reserves for self insurance claims under $10,000 to be used for those claims that exceed the sum provided for in the annual budget. These reserves are reported on the Consolidated Statement of Financial Activities under reserves set aside by Council. As at December 31, 2006, these reserves amounted to $261,109 (2005 - $342,386). The Town is a member of the Ontario Municipal Insurance Exchange which became a licensed group for liability insurance coverage on October 1, 1996. Contributions have been made to the fund for claims in excess of $10,000 and under $50,000,000. These contributions have been reported as expenditures on the Consolidated Statement of Financial Activities. 14. Comparative figures Certain comparative figures in these financial statements have been reclassified to conform with the presentation adopted for the current year. Schedule 3 comparative figures for 2005 have been restated as a result of a review and reallocation by motion of Council for some of the Reserves and Reserve Funds of the Town. 12 —44— SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 The Corporation of the Town of Aurora Schedule of Operating Fund Activities Schedule 1 Budget Actual Actual Year Ended December31 2006 2006 2005 (Unaudited) Revenue Taxation (Note 7) $ 21,688,075 $ 22,084,678 $ 20,162,742 User charges 15,723,878 13,719,928 13,250,339 Grants 976,420 997,802 199,798 Other (Note 8) 3,495,425 4,926,678 5,195,702 41,883,798 41,729,086 38,798,581 Expenditures General government 6,339,224 4,978,281 4,729,065 Protection to persons and property 6,627,141 6,145,623 5,851,939 Transportation services 2,933,769 2,609,604 3,523,561 Environmental services 9,582,767 9,591,956 8,464,553 Leisure and cultural services 11,628,319 11,428,788 8,965,293 Planning and development 1,214,957 1,206,617 1,043,247 37,326,177 35,960,769 32,577,658 Net revenue 4,567,621 5,768,317 6,220,923 Financing and transfers Principal payment of long term debt (1,191,470) (1,191,470) Change in employee benefit obligations (36,099) (126,376) Transfer to Reserves and Reserve Funds (1,424,151) (4,201,461) (3,835,735) Transfer to Capital Fund (1,942,000) (1,328,212) (1,837,970) (4,557,621) (6,767,242) (5,800,081) Change in Operating Fund - (988,925) 420,842 Operating Fund balance, beginning of year 1,290,642 1290,642 869,800 Operating Fund balance, end of year $ 1,290,642 $ 301,717 $ 1,290,642 See accompanying notes to the consolidated financial statements, 13 -45- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 The Corporation of the Town of Aurora Schedule of Capital Fund Activities Schedule 2 Budget Year Ended December 31 2006 Actual 2006 Actual 2005 (Unaudited) Revenue User charges $ 1,843,430 $ 2,186,268 $ 4,089,291 Grants 163,600 48,000 96,444 Other (Note 8) 327,000 1,576,846 2,790,561 2,334,030 3,811,104 6,976,296 Expenditures General government 430,000 509,642 279,677 Protection to persons and property 400,000 329,429 - Transportation services 5,240,783 3,839,910 4,271,460 Environmental services 1,600,000 1,146,241 3,465,559 Leisure and cultural services 1,989,500 4,524,704 21,846,703 Planning and development 150,000 87,792 59,286 9,810,283 10,437,718 29,922,685 Net expenditure (7,476,253) (6,626,614) (22,946,389) Financing and transfers Issuance of long term debenture - 16,915,000 Transfer from Operating Fund 1,188,083 1,328,212 1,837,970 Transfer from Reserves 2,422,500 2,081,712 2,559,790 Transfer from Reserve Funds 3,865,670 1,322,839 2,875,954 7,476 253 4,732,763 24,188,714 Change in Capital Fund balance - (1,893,861) 1,242,325 Capital Fund balance, beginning of year 8,420,872 8,420,872 7,178,547 Capital Fund balance, end of year $ 8,420,872 $ 6,527,021 $ 8,420,872 See accompanying notes to the consolidated financial statements. 14 -46- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 The Corporation of the Town of Aurora Schedule of Reserves and Reserve Funds Activities Schedule 3 Actual Actual Year Ended December 31 2006 2005 (Note 14) Revenue User charges $ 6,394,704 $ 1,822,834 Net change in obligatory Reserve Funds (6,847,553) 1,178,290 Proceeds from sale of Borealis Hydro Electric Holdings Inc. 35,239,528 Other (Note 8) 1,638,636 394,785 1,186,787 38,635,437 Financing and transfers Transfer from Operating Fund 4,201,461 3,835,735 Transfer to Capital Fund (3,404,551) (5,435,744) 796,910 (1,600,009) Change in Reserve and Reserve Fund balance 1,982,697 37,035,428 Reserve and Reserve Fund balance, beginning of year 42,721,359 5,685,931 Reserve and Reserve Fund balance, end of year $ 44,704,056 $ 42,721,359 Reserves and Reserve Funds are comprised of: Reserves, set aside by Council for specific purposes Acquisition of capital assets $ 1,334,444 $ 1,509,332 Contingencies 2,008,640 1,235,396 Engineering 2,075,563 1,791,006 Discretionary 33,734,398 32,646,312 39,163,045 37,182,046 Reserve funds set aside for specific purposes by legislation, regulation or agreement 61551,011 5,539,314 $ 44,704,056 $ 42,721,359 See accompanying notes to the consolidated financial statements. 15 -47- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 ATTACHMENT #3 Department . Surplus/ Function and Explanation (Deficit) Council Council Surplus was generate in savings on Councillors Conferences as very few Councillors used their Conference and Seminar Budget $ 7,700 Council Programs Surplus was a result on not allocating all of the Community Grants Funds $ 4,000 Accessibility Committee Committee didn't complete as much work as planned this year, we are recommending that this surplus be moved to the Capital Fund to co -relate with this now being budgeted as Capital. $ 120,800 ED Committee All funds were not s ent for Internal Grants $ 2,000 Environmental Committee All funds were not spent for Internal Grants $ 4,100 Yon a Street Commercial Area All funds were not spent for Internal Grants $ 1,600 Administration CAD Administration Savings were achieved in Salaries and Wages, Conferences and Conventions, Consulting and Printing $ 33,900 Legal Services Surplus resulted in greater revenues than budgeted, and large savings in salaries and wages due to the delay in hiring an assistant solicitor, another large area of savin s was the area of Advocacy. $ 251,000 Corporate Services Admin Deficif resulted in shortfall in revenues, and over expenditures in Salaries and wages, insurance claim deductibles, postage and photocopying. Postage and Photo Copying can be attributable to the municipal election. $ 78,100) Marketing & Communication Savings in Salaries and Wages as a result of Family leave. $ 3,900 Web Site Management Savings in Salaries and Wages due to delay in hiring Web Manager and from not spending funds in Office Supplies, Office Equipment and we had money budgeted to contract outside services but it was not used, $ 41,500 Human Resources Deficit resulted from spending more money in advertising than budgeted, this is an unpredictable expense as it is dictated by the number of recruitments in any one year. $ 500) Elections We budget annually to accumulate enough money to fund the election total election budget was $135,000. it cost us $139,000. $ 4,400 Financial Services Budget Budget had a full time position that was filled for the year with temporary part time person, this was done to save money as a result of the benefit calculation error. Salaries and wages were overstated this year in contributions to OMER, and there were some savings in the Budget Co-ordinator Position due to timing of hiring position $ 51,300 Information Technology Savings in Salaries and Wages as a result of Family leave, there was an over expenditure in contracts which was netted out to Salaries and Wages resulting in a savings. $ 8,g00 Telecommunications Deficit was a result of underestimating Mobile Phone Costs $ 19,000) Municipal Purposes Deficit resulted from $1,625,700 transfer to reserves, this amount is offset by the prior years Surplus if we take from this $132,463. penalty on taxes, $851,661 from Investment Income, $126,407 from operating contingency we end up with the number in the accounts $ 707,900 Town Hall Surplus was a result of Salaries and Wages $ 7,400 Protection to Persons & Property Central York Fire Services $ 16,300 Emergency Preparedness Small savings from lower telephone costs than budgeted $ 600 By-law and Licensing Surplus was from excess revenues from fines and savings in expenditures $ 37,500 Animal and Pest Control Deficit resulting from not collecting Dog and Cat revenue projected $ 10,000 a4,M SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 Department Surplus/ Vi inr inn onA Cvnl�n9i:eav �n...r. :a� Public Works �• � 0.!v 11410. Administration Had surplus in revenues of $11,000 but was over spent in Salaries and wages $ 32,000 Works Capital $ 34.400 Vehicle and Equipment Maint Underspent in Salaries and Wages, however Vehicle Supplies were over spent but there were other savings within the budget $ 81,6D0 Works Building Scanlon Court Deficit as a result of various accounts being over s ent $ (3,300) Road Repair $ 4100 Hot Mix Patching Overspent on Hot Mix due to need $ 14,600 Cold Mix Patching Overspent on Cold Mix due to need $ 10,900) Gravel Road Dust Control Surplus to compensate for over expenditures in other areas $ 7,600 Crack Filling Surplus to compensate for over ex enditures in other areas $ 8,400 Shoulder Maintenance Overspent due to need $ 12,300) Roadsido/Sweeping Maint Overspent due to need $ (13,600 Debris Surplus to compensate for over expenditures in other areas $ 3,700 Road Kill Removal Surplus as there wasn't the need to spend on this issue $ 5,700 Traffic Administration $ 1,000 SI na a Overspent due to need $ 54,100 Pavement Markings Overspent due to need $ 8,100 Guide Rails Overspent due to need $ 11,500 Street Closures & Parties Overspent due to more requests than anticipated $ 10,OD0 Go CrossingCharges Overspent due to need $ 5 100 Sidewalk Summer Maint Surplus to compensate for over expenditures in other areas $ 14,600 General Repair Surplus to compensate for over expenditures in other areas $ 5,000 Liftin IRemovelRe lace $ 1,400 Retaining Walls Surplus to compensate for over expenditures in other areas $ 21,100 Fences $ 700 Streetlighting Surplus as there wasn't the need to spend on this issue $ 14,100 Traffic Light Maintenance Surplus as there wasn't the need to spend on this issue $ 28,840 Traffic Control Device Maint Surplus as there wasn't the need to spend on this issue $ 13,100 Banner, Flags and Decorations Surplus as there wasn't the need to spend on this issue $ 5,300 Crossing Guards Surplus partially due to Inability to hire crossing guards $ 44,900 Summer Road Patrol $ 9,500) Storm Sewers Storm Sewers are funded from Water and Sewer Fund, this is balanced to zero annually and is reported with Water and Sewer budget Winter Roads The surplus or deficit for Winter Maintenance gets transferred into the Roads Winter Maintenance Reserve Fund this year we transferred $86,200. into this reserve, the surplus was a result of the warm winter season $ Waste Collection Operations $ 92,600 Yon a Street Garbage $ 3,200 Litter/Debris/Graffiti Deficit was a result of more Debris and Graffiti than anticipated at budget time $ 5,500 Waste Management Three Stream Costs for legal services greater than anticipated. $ 9,800) Recycling Operations $ (164,000 Leisure Services Administration Surplus a result of Salaries and wages $ 1,500 Facilities Administration Deficit as a result of Salaries and Wages over expenditures $ 12,700) CarpenterShop $ 1,300 Community Centre Administration This budget had a shortfall in revenues of $132,000 but to offset revenue deficit, large surplus in Heating Fuel $39,400. and heating fuel of $9,800.Saved Salaries and wages of $56,000 and Building Repairs and maintenance was over spent by $11,300 $ 8,600) Leisure Complex Administration Surplus a result of excess revenues of $23,300. $ 30,800 Leisure Complex Operations Deficit in Revenues of 23,000. and property taxes of $55,000 for the Bubble $ (93,200 mom SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 Department Surplus/ Function and E I t` D f 't 3Cif ana Bon a ICI 22 Church St. Deficit a result of not receiving any of the revenue that was budgeted and over expenditures of in operating materials and Building repairs and maintenance $ 8,300) 52 Victoria Avenue Savings as a result of more revenue collected than was anticipated as well as underspencling in all accounts $ 25 000 56 Victoria Avenue Surplus as a result of operating expenditures not being needed $ 17,000 Victoria Hall Surplus in revenues of $2,000 and surplus in Building Repairs and Maint of 2,000. as well as surpluses in all other expense areas. $ 5,700 Surplus a result of excess revenue from Rent payment from tenant $21,100 Jack Woods also surplus in various expense areas of $10,300, biggest portion comes from under expenditures in Utilities 2,000, Heating Fuel 3,000 and Building repairs and maintenance of 5,300 $ 31,500 McMahan Tennis Deficit in operating expenses 2,000 in utilities and balance in other expense lines $ 3,7D0 Factory Theatre Deficit in Equipment service contracts and building repair and maintenance $ 2,400) Industrial Parkway Rental deferred revenue not picked up at budget time $ 36,100 Large deficit in projected revenues as a result of pool being delayed in New Recreation Complex Admin opening revenue deficit of 158,400, Saved money in Salaries and wages again due to pool not being open as scheduled $ (61,300) New Rec Complex Operations Deficit due to error in estimating revenue for year 423,40D, deficit in utilities 110,000 and heat 54,700 as our estimates were made with no history, the utility deficit was also a result of Gas company not billing since opening $ (506,400 New Seniors Centre Main reason for deficit is in revenue, we projected Rental Income of 20,000 only took in 5,500 $ 15,100 Leslie St. Property Revenue exceed budget $ 1,900 Parks Administration Landscape fees were under budget by 14,200, and salaries and wages were over spent by 20,500 $ 21,400 We received 18800 in other revenue that wasn't budgeted for, 23,200 Parks Operations in grass cutting fees and 4,000 in permit fee that were not budgeted for, Ball diamond/Soccer User were under budget by 11,000. On the expenditure side Salaries were unders ent by 68,400 $ 108,700 Parks Vehicles Vehicle and Equipment repairs were greater than budgeted $ 21,500 Revenues were up due to increased participation by 71,500, however Community Programs Admin expenses were also up in Salaries and Wages 20,400 and contracts were over budget by 118,800 $ 58,100 Leisure Complex Fitness Centre Revenues were under budget by 138,300, but only saved 37,038 in expenditures $ 101,300 Surplus here because we anticipated new Recreation Complex would Leisure Complex Aquatics be completed before it was and this would have impacted revenues at the Leisure Complex as a result revenue was in surplus by 144,600. There were also savings on Salaries and Wages and other expenses of 52,800 $ 202,000 Youth Initiatives Savings in this budget was a result of not renting equipment anticipated $ 14,900 Revenue was under budget resulting from fewer cost recovery programs Seniors Programs being scheduled 22,600, this reduction in scheduling cost recovery programs resulted in savings or 33,000 in contract outings, also saved money in Contracts and Equipment Rentals 6,700 and Salaries and Wages 3,000 $ 21,200 Deficit in Canada Day as revenue did not meet expectation short 10,000 Canada Day Celebrations and Contracts and equipment rentals were over spend by 12,100 however 9,000 was saved from promotion $ 13,300) Santa Claus Parade $ 1,500 Street Sale Nothing was spent on the Street Sales this year $ 5,600 Artie Adventure $ 1,400 Library Facilities I Deficit was a result of 2,200 shortfall in revenues $ (6,000 -50- SPECIAL GENERAL COMMITTEE - AUDIT - MAY 22, 2007 Depart►nent Surplus/ Function and Explanation IDefiritt Planning and Development Development Planning Surplus was a result in the increase in fees after the budget was approved $ 84,700 Community Planning Deficit as a result of fewer Committee of Adjustment applications for the year. $ 11,5g0 Policy Planning Savings as a result of under expenditure in Consulting Fees $ 22,900 Economic Development Surplus was as a result of not having a director for most of the year $ 55,100 Taxation Surplus because Supplementary taxes were not budgeted for $ 398,000 -51- ADDITIONAL ITEMS TABLED FOR COUNCIL MEETING Tuesday, May 22, 2007 ➢ Delegation request from Ms. Susan Walmer Re: Dr. G. W. Williams ➢ (13) -York Region District School Board Dr. G.W. Williams Secondary School - Feasibility Study Delegation (a) Panizza, Bob From: Susan Walmer. . Sent: Tuesday, May 22, 2007 1:54 PM To: Panizza, Bob Subject: Delegation to Council regarding the Dr G W Williams issue Bob, I request delegation status to the Town Council in regards to the Dr G W Williams agenda items. Thank you, Susan Walmer 5/22/2007 ADDED ITEM -13 YORK REGION DISTRIT SCHOOL BOARD DR. GW WILLIAMS SECONDARY SCHOOL FEASIBILITY STUDY [to be amended to reflect public comments and the June 4 delegations to the Board] INTRODUCTION: The Ministry has identified 22 schools as being potentially Prohibtive`to identified two additional schools in this category bringing the total"to 24 ReCAPP (lifecycle and replacement cost data), program within the family of schools, residential development identified 10 schools from this list for further investigation these 10 schools have either been completed or are asp each feasibility study is to address the viability of,, $1 ability to re -build on the existing site or an alternatsite, cost. In early 2007, the Town of Aurora circulated an amendnt expand the Region's Urban Area bound to permit urban of the Town. Upon approval of this 0 1 growth will be in northeast Aurora. The Bc5aril It this area in the late 1990's. A 15.77 acre site Bayview Avenue (Bayview Northeast site) was use by the Board. The Bq.?4xdpes not own this; Based on the Town feasibility assessmd site. Staff is Cugini GW W early 20OTj�jjthe Board Bayview Northeast site. The process use(W or communication strategy communities, posting pf'r the opportunity for the delegations to the Board. s clribulation of 3WWlliams SS ling compie from the pe -t on school Repair. The Board schools. Based on projections, capacity :nditures, the Board y studies for each of onw The purpose of spei tive of physical and O inunity, and the York Region Official Plan to iansion in the northeast quadrant iaf the focus of new residential iammnisecondary school site in of Wellington Street and east of he"developer for possible future to the Region's Official Plan, the to include the Bayview Northeast to four architectural firms, and the firm of Makrimichalos d. MCA determined that it was possible to replace the Dr. 4=,od rent Dunning Avenue site, while the existing building q��birculated the amendment to expand their urban area in at MCA also prepare a site fit and assessment of the altf-'of the feasibility studies includes a school and community his strategy includes meetings with staff and members of our school eeting notices and presentation materials on the Board's website, and community to speak to trustees both informally and formally as Meetings for the Dr. GW Williams SS took place on March 27 and April 23, with school staff meetings in the afternoon and school community meetings in the evening. In addition to the current school families, notices were also sent out to elementary feeder school parents. An information report on the status of the project and issue identification was presented to trustees at the May 7 Board Standing Committee meeting. Delegations are scheduled for the June 4 Board Standing Committee meeting. A decision on the replacement of Dr. GW Williams SS is scheduled for the July 3 Board Meeting. Dr. GW WflOams Secondary School— Feasibility Study — May 2007 Page 2 of 8 RATIONALE FOR THE PROJECT: Renewal versus Replacement Dr G W Williams SS was originally constructed in 1953, and has been added onto several times since. The building is facing substantial renewal costs due in part to its design and layout. The most recent addition constructed in the 1990's added a new library and cafeteria to the school, but did not substantially renovate the original building. Much of the existing school is more than 50 years old; a numberof the building systems at Dr G W Williams SS have reached or surpassed their life expeTany For example, recent problems associated with the steam pipe system are indicative that the system is at the end of its life cycle. When the Ministry of Education conducted the building asessmenof the school in 2003, it identified a total of $22.5 million in renewal costsfio(1e bwldmg syge_ms over a 10-year period. With a total renewal requirement that.. seeded 6500 of the vaiAe of the building, the Ministry determined that the building srdeemed._to be prohibits"2 te2pair, and therefore potentially eligible for replacemenTrtlg. r In considering renewing the school building, the required at Dr G W Williams SS. Tie renovation of Williams SS, for example, would QIIre:that the portion of the school year - the time associated with the steam pipe system, is months to complete. Other buildg incrementally in the y�s_umrner months ou complete the renovatroi �-Jt would still substantial on-gginng renewal Not considered by to provide.alr circu of these requiretn1 an lb�rd examined the scope of work ��, . e�e�sting heating system at Dr G W hool tie abandoned for a significant to ren-d.8'clesignated substances ly long-P!han the available summer -t- '° be renovated or replaced YQar period. If the Board were to aging facility which would require 'nt is the cost to upgrade building systems t air conditioning into the school building. All modern secondary schools operated by the lr addition to the butld(ng sysw costs identified to date, the Board has reviewed the requited costs of program renewal within the building. A review of secondary science labs in 2003-tfe#ermined thate estimated cost was approximately $3.4 million to renovate the schools ems ting scient labs. The ongoing review of technological education estimates that at least $21i- illiorl=tn renovations is required to modernize the shop areas to allow the current technolo- Wf education curriculum to be properly delivered. The combination of the Ministry of Education assessment of renewal costs, the air circulation requirements, and the program renewal requirements make it less expensive to replace Dr. GW Williams SS rather than renovate the school 2. Future Secondary School Requirements for the Town of Aurora Board staff has determined that secondary school pupil place requirements to serve Aurora over the long-term can continue to be satisfied with two high schools. (Appendix 1) This conclusion is based on our assessment of the impact of new growth balanced by decline in existing, older neighbourhoods. Dr. GW Williams Secondary School — Feasibility Study — May 2007 Page 3 of 8 3. 4. Decline at Existing Feeder Schools It is estimated that by 2026, enrolment from existing elementary schools west of Industrial Parkway will have declined. This kind of decline is a phenomenon experienced across the Region in established low density communities. The typical life cycle of schools generally follows a "bell" shaped curve, whereby enrolment is low in the early years of a community, peaks at between five to seven years, and then enrolment begins to decline as families mature and children graduate from school. The timing and exact shape of the curve will vary from school to school. There are also exceptions to this curve; for example, some medium density communities will have higher turnover rates and -maintain their enrolment levels. There are also communities with enrolment growth resdttrtg,from more than one family per household. The bell shaped curve, with the kin exceptions noted above, has been the experience of YRDSB for the last 25 yeasI,Ighview Public School is provided as an example. (Appendix 2) The impact of the baby boom generation (tt early 1960's) and to a lesser degree the baby and the mid 1990's) have been major fact, and baby boom echo age cohorts grow old r, trend in school enrolment is already evident communities. Highview Public School and I examples. (Appendix 3) (born in etolment results -j= ark!=grades in Auro )r:`ive Public School 1940's and the the early 1980's tieiaby boom �tffie downward rays older school are provided as Some parents have made an argume t fhat<Aurora is a family."'oriented community with existing housing stock that is attractive to fiaieil s .and thatwa result, school enrolment will not decline, or at least not to the degree estinibtetl_byB'oard staff. While it is certainly reasonable that some- r_egeneration in eaast ng schooH�communities will occur, it is not expected to be sufficie t to -,maintain peak.or higher,Ad yields. Regeneration will in all likelihood resultwli-;the long=term sustainabiTty of schools at low enrolment levels. The to To add6mmodate new in 2003 and will open schools will.be built ii approved the' P lation in Aurora will increase from about 49,000 This growth will be a combination of low and medium ntly'located in northeast Aurora and, to a much lesser r6r transit corridors such as Yonge Street. (Appendix 4) northeast Aurora, the Board has built Northern Lights PS PS in 2007. An additional one to two new elementary ,t Aurora over the next decade as new development is Some communitTmembers have spoken about the impact of intensification along major corridors, sucWs Yonge Street, as a factor which must be considered in determining future secondary school requirements. The Region of York has a 40% intensification goal which will be averaged across the Region; some communities better suited to higher density development because of transit access and other amenities will exceed the 40% goal while other communities will provide something less than the 40%. Assuming the intensification target for Aurora is 20% to 30%, there will be an estimated 2,800 high density units constructed between 2006 and 2031. (Region of York) Typically, the student yield from high density development is much less than from low density housing. Depending on timing and location, student yield from these kinds of units will assist in maintaining a long-term sustainable enrolment at Dr. GW Williams SS and Aurora HS, but Dr. GW Williams Secondary School —Feasibility Study —May 2007 Page 4 of 8 it is unlikely that there will be sufficient numbers to create much impact on enrolment in the central part of Aurora. Based on the Region's projected 2,800 units, the secondary school student yield could range from 50 to 150 students at full build out. Because of the amount of growth projected for Aurora, concern has been raised about the number of secondary schools required to accommodate future school enrolment. Comparisons were made with the Town of Newmarket, which has four secondary schools serving a current population of 75,000. Newmarket currently serves 1000 secondary school students from the Town of East Gwillimbury as well as its own population. The number of secondary schools varies across the Region from one secondary school to 48,000 persons in Vaughan to one secondary school to 20,00Q.persons in King, with a regional average of one secondary school to 32,000 persons. w If, due to unforeseen factors, there are more secondary's .6ol students than currently projected, the additional students can be accommodaWatl in a�:nl7mber of ways: building an addition at one or both of the schools; adtustin 'the bourtdary between the two schools; providing the opportunity for transfers tQi„F ' T st condary sGf ools; adjusting the school day (multiple lunch periods, and/or ex, ed school day), antl edirecting French Immersion students from Oak Ridges to a Richmond Hill•Jocation. It should be noted that the Board anticipated haVmg,thr e'%econdary schools in Aurora when the Bayview Northeast site was designated fat&'60ture use as a secondary school in the late 1990's. A number of key e_yents and decisioW�h_ave occurred making it no longer 1. necessary to have three secondary= -schools in Aurora: • The Province's Oak Ridges Moraine-tionseFv i-1 Act which has restricted the pace and total amount of growth in Aurora;` • Redirection Redirection=W Dr. GW W!11tA s SS f6por schools in Oak Ridges to King City SS and RjohR— Agn SS, which has resulted in a phasing out of students from the Oak Ridgehbmmunitynd a loss of AD students at Dr. GW Williams SS by 2009; • Elimination of the 0year which has resulted in fewer students at the secondary panel and more -mailable pup l laceea sbottlr0 ondary schools; • The-` York Ca366lic D strip. School Board's new secondary school proposal for Wellington/IndusYrial.Parkway;uGihhiiph will attract about 200 students who may otherwise hive attended Dr Cz�N Williams'SS. REPLACEMENT OPTIONS 1$ The following elements will be taken into consideration by the Board in making its decision with respect to the location for the replacement of Dr. GW Williams SS. Site Options The Board has examined two options for the replacement of Dr. GW Williams: replacement on the existing Dunning Avenue site or replacement on a site in northeast Aurora. a) Dunning Avenue Site: Dr. GW Williams SS is located at 39 Dunning Avenue, a short distance east of Yonge Street. The property is an 18 acre parcel acquired by the Board in two stages: in 1950 the school board of the time purchased the front (north) acreage. In 1966, an Dr. GW Williams Secondary School - Feasibility Study - May 2007 Page 5 of 8 2. additional four acres at the back (south) end of the site was expropriated. The existing outdoor field areas include a 400 metre cinder track, a major field, two large practice /game fields and a small practice area. The replacement schedule provides for construction to commence in July 2008 with the new school ready for occupancy by September, 2010. The demolition of the existing school will start the summer of 2010 and be complete by December of that year. The new parking lot and fields will be complete by spring, 2011. Building a new school on the Dunning property requires continue to use the existing facility during construction. ' located on what is now the cinder track, immediately adjap Because of the limited frontage, careful coordination wh bi and the site contractor to ensure continued safe ad—W, periods of construction and demolition. Noise, d ands, will most directly affect the existing cafeteria -ands ym; thi school is located on the other side of the buiA4r�west) frc During construction, the south practice field only will remain that students and staff he new building will be i�io the existing school. required by board staff > the school during the Cation from construction cademic wing of the For a short period of time, primarily duri, ;TNinter months, no fields school use. (See Appendices 5 A-D) = = b) Bayview Northeast Site: uction area. school use. available for The Bayview Northeast site ls'[Mte_d north of Well jgton Street and east of Bayview Avenue. It is not owned by the dard,y t%gthas been se#`a_side by the developer Minto Homes (Toronto Inc.) as a publicsecondrtyP. drool site =Site size is 15.77acres with street access taken from Conovery 2.087 acres of the total site area will be lost due -to -,grades, effeetuelyhleavi site of 13.683 usable acres. This site size is within an aedeptable rangfor new set ondary schools across the Region. The Board'j=,Ahree mos#rirecently built or under construction secondary schools: . Stephen L�Vvi_� SS, Bur Qak SS ,and Sto`ttffa!ille DHS, have school sites that are 13.95 acres, 14.5 acres and 19 9 acres, respectluely. Thy c'onstTuetion scheiule for the Bayview Northeast site has construction beginning July 2008 vith tjte new"'school ready for occupancy September 2010 including full use of fields. Studren#"s would rernain at the Dunning location until the new school was Feady for occupancy_ (See Appendix 6) School sitesaY&JdeallIlocated central to the students served. Increasing the opportunity for students to walk'to school helps reduce congestion around the school site, reduce �5n automobile emiss in the environment, and improve physical well-being of students. Currently, Dr. GW Williams SS core enrolment lives in the Highview, Regency Acres and Wells Street PS communities. Over the next two decades, that core will shift to the new growth area located in the northeast portion of the Town. (Appendix 7) As shown in Appendices 8 and 9, the Dunning Avenue site is geographically more central to the current boundary than the Bayview Northeast site. Today, approximately 268 students or 20% of the student population are within a 2 kilometer distance of the Dunning site. Today, approximately 211 students or 17% of the student population are within 2 km of the Bayview Northeast site. Dr. GW Williams Secondary School— Feasibility Study— May 2007 Page 6 of 8 As new growth occurs in northeast Aurora over the next two decades, the number of students within 2 km of the Bayview Northeast site could climb to approximately 840 students or 60 % of the total enrolment of 1,400 students. Although Highview PS and Regency PS will represent a smaller percentage of the total enrolment of Dr. GW Williams SS over the next two decades, these students will have a significant distance to travel if Dr. GW Williams SS is relocated to the Bayview Northeast site. (Appendix 9) Current board policy does not provide school bus transportation-, urban areas served by public transit; there are currently school buses traveling to Dr,,G� / illams SS from areas served outside the public transit zones. Students from noftf5east Aurora can reach the Dunning Avenue. location by using York Region TransitSMO--b has two peak -hour buses to meet the current demand from this area. In the siAMWeVtr onion of the attendance boundary, there is some pay -per -use bussing (recguire a mon hly fee to use a school bus). This service is confirmed on a year-to-year bad _ York RegionTransit has indicated that mor buses v Williams SS students in either location, as thdWm-bar, bus special' service which takes students on theltfaost community. Coordination is done with school departures coincide with school sty and finish times.' enter school property as part of pic7s"-=_ -and drop off if designed appropriately. `-i 3. Safety and Security put in use {tv_ sgrve Dr. GW ease. YRT opeFa s a "school Noute to the school from their ensure that bus arrivals and has stated that their buses will gp loop and stacking area are Secondary schools are f34ftly located clt3se to larger"roads on the edges of communities because of the.frnount of peak traffic gerr_erated and opportunity for student access by public transit- Those larger roads have: v yider rights -of -way than local roads to accommodate greaterwolufnes of traffic. Thay are key locations for public transit and, in general perform a connecting4UftTQ __p7mtxdtween communities. Ideally, direct school accessris-takerom a 16616Lor minor cbilector road which is close to and connects with the -,,,major artP r";oad. S&gnalization is typically placed at the intersection of the two Both Ahe Bayview North ast site and the Dunning site have the characteristics described above hhe, Dunning pfterty is located on a minor collector road (Dunning Avenue) where acce5s.to the sliool is provided. Dunning Avenue connects to Yonge Street a short distancet'away "The Bayview Northeast site will take its access from Conover Avenue which, iha local street connecting to Borealis Avenue and then to Bayview Avenue which is a short distance away. In both the Dunning and the Bayview Northeast location, school access is not taken directly from the major road, and both locations have signalized intersections at Yonge Street and Bayview Avenue respectively. Concern has been expressed at the public meetings about student safety when crossing major streets to reach the school. Particular concern was raised with respect to Bayview Avenue; however, Yonge Street is also a major road. Because of the location of our secondary schools at or near major roadways, it is inevitable that students will cross a major street at some point during the school day. Given this reality, mechanisms to reduce speeds, create clear site lines for drivers and pedestrians, and provide safe crossing locations on key access roads are essential. Dr. GW Williams Secondary School - Feasibility Study - May 2007 Page 7 of 8 4. 5. In addition to the trip to school, secondary school students routinely cross major roadways to access food outlets and other services in the vicinity of their school. The location of commercial uses near secondary school sites varies across the Region. The locational attributes best suited to secondary schools are often the same for commercial uses, e.g., major roadways, at the edge of a community. At the Bayview Northeast site, a plaza is located on the opposite side of Bayview Avenue from the school site. At the Dunning location, commercial uses are concentrated along Yonge Street on both sides of the street. Proper signalization and sidewalk location at both school locations provide the opportunity for safe crossing to reach these destinations by students. Program a) Outdoor Field Area: The Board's outdoor physical education c requires a major field and a practice field. Bayview Northeast site: one option provide sprint track; the second option provides The future outdoor field area ai the DuriMM practice fields, a major field and a 400 education classes outside at the same time, curriculum delivery. Parents and physical education st field area at the Bayview WIT, extracurricular sports teams. Th( broader range of sports teams — a secondary schooi9 � aulj% at secondary schools typically oisld options've�e_ prepared for the two practice fields, major field and a )ractige field, a matorfeLtf,,and a track. will b'.e;:esigned to accommodate two tpe.track Assuming Rhree physical h ies meet program requirements for ed co0�m about the reduction in its potential negative impact on a,.Afthe Dunning site supports a d`area is always advantageous at Presently;=%X-Wota elem$htary schools yse-the Dunning site for track meets. An alternate locatiotwould-be required to modate these meets if the Dunning site D'r, GW Williams has 152 s)udents in its Co -Op program. Concerns were expressed a6out:,distance from=existing placements if the school should move to the northeast. x:, Access -,to public traPsit, or the ability to walk to and from placements, decreases the amount-of,time students spend travelling during the school day. The Dunning site is closer todfie,Yonge'Street transit line and the majority of current co-op placements in comparison=laE fie Bayview Northeast site. At the information meetings, some residents expressed concern about relocating the school from Its current location because of the potential impact on local businesses, community expectations, and possible redevelopment of the current site. Relocating the school will have an impact on some local businesses in the vicinity of the school. For some businesses that do not wish large numbers of students in or outside their premises, it may be positive change; for others, who depend on student purchases, it will be a negative change. Dr. GW Williams Secondary School— Feasibility Study— May 2007 Page 8 of 8 A school has existed at the Dunning location since the early 1950's. There is a strong attachment to the building itself as well as its location for many people who live in the area. With regards to the future disposition of the Dunning site, the only decision before the Board is whether or not this location continues as school use. There are no plans to redevelop the property. If a decision is made to relocate the school, every opportunity would be provided to the Town to ensure that the property remains in public ownership. 6. Other Concerns / Issues Some additional issues raised by the public and staff ii with the Town of Aurora at the Dunning location; the the site options; proximity of the Town's library to the c if the school moves to the northeast; proximity to othe as Shepherd's Bush Conservation Area, the bowirn-g difficult to evaluate the significance of some of these may have a negative impact on students; h ftyer, thi at the Bayview Northeast site. Cost The cost to build the new second",- co the design of the school may vary somewh that the overall costs will be compara-tg if D Avenue or the Bayview Northeast site The demolition of the cuere Dr. GW Wllua materials an estimated $2 5 . illion is not k that if the Bayview igrtheas§usite was select demolition and hazardous mlterlal., removal however, would not 6e_:the case t1ae== DL :ludej- opportunity for partnership ;hd0firFe frame for responding to l�rent lar<a#ion; loss of green space local rec(Obillon opportunities such 1116y and te'Hh courts. It is very concerns. Soir -.of these issues •e,mav be some offcrettiM benefits will be appir st ately $25 million. Although based on the-gMaide of sites, it is estimated Villiams is replaced on the Dunning ns SS facility and the removal of hazardous :Ing factored into the relative cost analysis in slw nd the Dunning Avenue site was sold, the osts would be factored Into the price. This ming Avenue site was sold to a party that cost to acqure tiie Bayvie-P�l 4'firtheast site, approximately $5.1 million, is not being red into the relatty cost anq ysis in that the cost is recoverable by the Board through The premimii=to build anew school on the Dunning Avenue site while the current Dr. GW Williams SSs;=tiil,ope'tion will only be known when the project is tendered. A premium will be imposed=sluEi'fo the complexity and constraints of building a new school while the current school isih operation, and the additional construction time frame to complete the project (3 years -versus 2 years). It is estimated that the premium will be between 5 — 10 %, or $1.25 million to $2.5 million based on a $25 million project. If the Board were to build on the Bayview Northeast site and sell the Dunning Avenue site, the Board could realize and estimated $10 — $11 million, less the demolition and hazardous materials removal costs. The estimated $10 — $11 million is based on highest and best use mixed density residential development for the 18 acres, valued at approximately $600,000 per acre. Re -zoning would be required, and market conditions would dictate the actual price. Appendix 1: Projected Students in Town of Aurora 3000 Aurora Secondary Schools Projected Students 2007 - 2026 2500 2000 d O O Z 1000 500 — — — — — — — — — — — — — — 0 r— CU CA O N CO U') C0 r` Co 0 O O O O r c- I r I r I 1 1 N r N Ch Vt LO C0 N N N N N N O O O O O O O O O O O O O O N N N N N N N N N N N N N N O O O O O O N N N N N N Year — Aurora HS Dr Williams SS Capacity Appendix 2: Bell Shaped Curve Highview PS Historical I Projected Students 1988 - 2016 s00 700 600 -- ----- — - - _ _ _-------- --- --- d 400 0 p 300 - - - Z 200 100 - - - - - - - - - - - 0 07 O N V (D CO (D N m W O N_ V CD OJ O D) O O O CD O O CD O O O O m O O O O O O O O O O O r N N N N N N N N N Year Historical FTE Projected FfE tCapacity Appendix 3: Highview PS and Devins Drive PS 2006 Enrolment Hi hview PS Devins Drive PS J K 32 32 SK 42 28 Grade 1 54 40 Grade 2 47 44 Grade 3 71 33 Grade 4 67 48 Grade 5 82 39 Grade 6 68 61 Grade 7 95 59 Grade 8 82 66 Appendix 4: Aurora Planning Areas and Secondary Attendance Boundaries Legend W.C.W. WIM.SSB.ftq A.. HS Secondary Boundary (M units) = projected units Source: 'Planning Justification for Urban Designation of the 2C Lands', Hemson Consulting Ltd, June 2006 for the Town of Aurora "The full development potential of parts of the Town may not be realized Appendix 5A: Phase 1, Dunning Avenue Site EXISTING SCHOOL CONSTRUCTION LINE ( CHAIN LINK FENCE) EXISTING SCHOOL D U N N IN G A V E NU E S I T E SITE PLAN A PHASE -JULY 2008 TO JUNE 2010 23 -04 - 2007 1 :500 Dr. G. W. W ILL I AM S SECONDARY SCHOOL Y OR K REG I ON D IS T R I C T S C H O O L B O A R D M/VCRIMXCNM1LOS CUM., Appendix 5B: Phase 2, Dunning Avenue Site EXISTING EXISTING NEW SCHOOL SCHOOL rc 0 r 23 -04 - 2007 1 :500 SITE PLAN A PHASE -JULY 2010 TO DECEMBER 2010 U N N IN G A V E NU E S I T E Dr. G. W. W I LLIAMS SECONDARY SCHOOL Y O R K R E G I O N DISTRICT SCHO O L B O A R D MAKRIMICHALOS - CUGINI A R C H I T E C T S Appendix 5C: Phase 3, Dunning Avenue Site 0 z 23 -04 - 2007 1 :500 SITE PLAN A PHASE 3-JANUARY 2011 TO APRIL 2011 DUNNING AVENUE SITE Dr. G. W. W I LLIAM S S E C O N D A R Y S C H O O L Y 0 R K R E G I O N D I S T R I C T S C H O O L B O A R D MAKRIMICHALOS- CUGINI A R C H I T E C T S Appendix 5D: Phase 4, Dunning Avenue Site DUNNING AVENUE C 2 23 -04 - 2007 1 :500 SITE PLAN A PHASE -COMPLETION MAY 2011 D U N N I N G A V E N U E S I T E Dr. G. W. W I LLIAMS SECONDARY SCHOOL Y O R K R E G I O N D I S T R I C T S C H O O L B O A R D MAKRIMICHALOS- CUGINI A R C H I T E C T S Appendix 6: Bayview Northeast SS Site 23 -04 - 2007 1 :500 SITE PLAN C COMPLETION SEPTEMBER2010 BAYVI E W NORTH EAST S I T E Dr. G. W. W IL LIAMS SECONDARY SCHOOL Y OR K REG I ON D IS T R I C T S C H O O L B O A R D MAKRIMICHALOS CUGINI ARCHITECTS 2000 1800 1600 y 1400 C c 1200 3 1000 C 800 C Z 600 400 200 0 Appendix 7: Dr. G.W. Williams SS 2007-2026 Dr G W Williams SS Projected Students by Area 1-- W O O r_ N_ MV Ln Co I� CC) O O 1 NCI) CT If) CD O O O _ r r 1 1 1N N N N N N N O O O O O O O O O O O O O O O O O O O O N N N N N N N N N CV N N N N N N N N N N Year ■ West M East El Rural M Other Appendix 8: Dr. G.W. Williams SS 1km Increment Walking Distances _ A1�¢rE �e�aeE b�-_-0ez�s-Yee`.�ehr�teGiak 3x�n�"sr cte�aazs Sty •^—'..iisyr�:n_ amp xeG aasYx4�t�� �� rzG�kia�°•xSF:rea5�.Fsie9r�