Minutes - Audit Committee - 20260623
Town of Aurora
Audit Committee
Meeting Report
Date:
Time:
Location:
Tuesday, June 23, 2026
6 p.m.
Video Conference
Council Members: Councillor Ron Weese
Councillor Rachel Gilliland
Councillor Wendy Gaertner
Councillor John Gallo
Councillor Harold Kim, Chair
Members Absent: Mayor Tom Mrakas
Councillor Michael Thompson
Other Attendees: Doug Nadorozny, Chief Administrative Officer
Patricia De Sario, Director, Corporate Services/Town Solicitor
Robin McDougall, Director of Community Services
Sara Tienkamp, Director, Operational Services
Rachel Wainwright-van Kessel, Director of Finance
Anne Kantharajah, Town Clerk
Daniel Ruberto, Deputy Town Clerk
Julia Shipcott, Council/Committee Coordinator
_____________________________________________________________________
1. Call to Order
The Chair called the meeting to order at 6:05 p.m.
Councillor Kim chaired the meeting.
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,
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June 23, 2026 2
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.
3. Approval of the Agenda
Audit Committee approved the revised agenda as circulated by Legislative
Services.
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. Delegations
5.1 Shawn Deane, Budget Voice Aurora; Re: Items 6.1 and 6.2
Shawn Deane sought clarification on growth paying for growth in 2025, as
well as the use of development charges on upcoming projects, and
potential water reserves transfers.
Audit Committee received the comments of the delegation for information.
6. Consideration of Items Requiring Discussion
6.1 FIN26-026 - 2025 Audited Financial Statements and Audit Report
Kevin Travers, Lead Audit Engagement Partner, KPMG, introduced Hitesh
Sharma, Audit Manager, KPMG and presented an overview of the audit
findings report for the year ended December 31, 2025, including audit
highlights, significant risks and results, and new accounting standards to
be adopted in the coming years.
1. That Report No. FIN26-026 be received; and
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June 23, 2026 3
2. That the 2025 Audit Reports and Financial Statements for the year
ended December 31, 2025 be approved and published on the Town’s
website.
Carried
6.2 FIN26-029 - 2025 Year End Operating and Capital Results – as of December
31, 2025
1. That Report No. FIN26-029 be received for information.
Carried
7. Adjournment
The meeting was adjourned at 6:39 p.m.