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Minutes - Finance Advisory Committee - 20211207 1 Town of Aurora Finance Advisory Committee Meeting Minutes Date: Time: Location: Tuesday, December 7, 2021 5:45 p.m. Video Conference Committee Members: Councillor Harold Kim (Chair) Mayor Tom Mrakas Councillor Michael Thompson Other Attendees: Rachel Wainwright-van Kessel, Director of Finance Jason Gaertner, Manager, Financial Management Linda Bottos, Council/Committee Coordinator _____________________________________________________________________ 1. Procedural Notes This meeting was held electronically as per Section 19. i) of the Town's Procedure By-law No. 6228-19, as amended, due to the COVID-19 situation. The Chair called the meeting to order at 5:47 p.m. 2. Approval of the Agenda Moved by Councillor Thompson Seconded by Mayor Mrakas That the agenda as circulated by Legislative Services be approved. Carried 3. Declarations of Pecuniary Interest and General Nature Thereof There were no declarations of pecuniary interest under the Municipal Conflict of Interest Act, R.S.O. 1990, c. M.50. 4. Receipt of the Minutes 2 4.1 Finance Advisory Committee Meeting Minutes of October 12, 2021 Moved by Mayor Mrakas Seconded by Councillor Thompson That the Finance Advisory Committee meeting minutes of October 12, 2021, be received for information. Carried 5. Delegations None. 6. Matters for Consideration 6.1 Memorandum from Manager, Financial Management; Re: 2022 Draft Work Plan for the Finance Advisory Committee Staff provided an overview of the memorandum and draft work plan for 2022. The Committee expressed support for the work plan and inquired about whether there were other initiatives for which the Committee could provide assistance. Staff agreed to consider any opportunities and advise. The Committee suggested that a report outlining the 2018-2022 term accomplishments of the Finance Advisory Committee (FAC) be provided to Council in 2022. Staff noted that the Committee report planned for the June 2022 FAC meeting would form a good basis for providing that information. The Committee inquired about whether any further financial assistance is anticipated from the province, and staff advised they were not aware of any available assistance at this time. Moved by Councillor Thompson Seconded by Mayor Mrakas 1. That the memorandum regarding 2022 Draft Work Plan for the Finance Advisory Committee be received; and 2. That the 2022 Draft Work Plan for the Finance Advisory Committee be approved. Carried 3 7. New Business The Committee inquired about the format of the upcoming Finance Advisory Committee meetings in 2022, and the Mayor advised that clarification would be provided on whether the meetings will be held in person or electronically. 8. Adjournment Moved by Councillor Thompson Seconded by Mayor Mrakas That the meeting be adjourned at 5:59 p.m. Carried