Minutes (Appointed) - Finance Advisory Committee - 20250916
Town of Aurora
Finance Advisory Committee
Meeting Minutes
Date:
Time:
Location:
Tuesday, September 16, 2025
5:45 p.m.
Holland Room, Aurora Town Hall
Committee Members: Mayor Tom Mrakas (Chair)
Councillor Harold Kim
Councillor Michael Thompson* (arrived 5:50 p.m.)
Other Attendees: Doug Nadorozny, Chief Administrative Officer (arrived 5:52 p.m.)
Jason Gaertner, Manager, Financial Management
Sandeep Dhillon, Advisor, Financial Management
Julia Shipcott, Council/Committee Coordinator
*Attended electronically
_____________________________________________________________________
1. Call to Order
The Chair called the meeting to order at 5:48 p.m.
2. Land Acknowledgement
The Committee acknowledged that the meeting took place on Anishinaabe lands,
the traditional and treaty territory of the Chippewas of Georgina Island,
recognizing the many other Nations whose presence here continues to this day,
the special relationship the Chippewas have with the lands and waters of this
territory, and that Aurora has shared responsibility for the stewardship of these
lands and waters. It was noted that Aurora is part of the treaty lands of the
Mississaugas and Chippewas, recognized through Treaty #13 and the Williams
Treaties of 1923.
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September 16, 2025 2
3. Approval of the Agenda
Moved by Councillor Kim
Seconded by Mayor Mrakas
That the agenda as circulated by Legislative Services be approved.
Carried
4. 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.
5. Receipt of the Minutes
5.1 Finance Advisory Committee Meeting Minutes of June 17, 2025
Moved by Councillor Kim
Seconded by Mayor Mrakas
1. That the Finance Advisory Committee meeting minutes of June 17,
2025, be received for information.
Carried
6. Delegations
None.
7. Matters for Consideration
7.1 Memorandum from Financial Management Senior Advisor; Re: Annual
Community Partner Reserve Review
Staff presented a brief overview of the regulations and guidelines
contained within the Community Partner Reserve Management Policy
related to reporting requirements and management of operating
requisition reserves by community partners. Staff reported that three
eligible community partners provided the required financial statements
along with a reserve continuity schedule to staff and were assessed to be
Finance Advisory Committee Meeting Minutes
September 16, 2025 3
in alignment with the policy. It was further noted that the remaining two
eligible community partners were not assessed as the Aurora Business
Improvement Area was dissolved in 2024 and Sport Aurora did not
receive operating funding from the Town in 2025.
The Committee inquired if staff had identified any unfavourable findings
as part of its assessments, and staff confirmed there was none.
Moved by Councillor Kim
Seconded by Councillor Thompson
1.That the memorandum regarding the Annual Community Partner
Reserve Review be received; and
2.That the Finance Advisory Committee comments regarding the Annual
Community Partner Reserve Review be received and referred to staff
for consideration and further action as appropriate.
Carried
8.New Business
None.
9.Adjournment
Moved by Councillor Kim
Seconded by Councillor Thompson
That the meeting be adjourned at 5:54 p.m.
Carried