MINUTES - Audit Committee - 20140812
TOWN OF AURORA
SPECIAL GENERAL COMMITTEE – AUDIT
COMMITTEE MEETING REPORT
Council Chambers
Aurora Town Hall
Tuesday, August 12, 2014
ATTENDANCE
COUNCIL MEMBERS Mayor Dawe in the Chair; Councillors Abel, Buck,
Constable, Gaertner, Gallo, Pirri, and Thompson
MEMBERS ABSENT Councillor Humfryes
OTHER ATTENDEES Chief Administrative Officer, Director of Corporate and
Financial Services/Treasurer, Town Clerk, and Council/
Committee Secretary
The Chair called the meeting to order at 6 p.m.
1. DECLARATION OF PECUNIARY INTEREST AND GENERAL NATURE THEREOF
There were no declarations of pecuniary interest under the Municipal Conflict of
Interest Act.
2. APPROVAL OF THE AGENDA
General Committee approved the agenda as circulated by Legal and Legislative
Services.
3. DELEGATIONS
(a) Giselle Bodkin, Partner, BDO Canada LLP
Re: Item 1 – CFS14-029 – 2013 Year End Audited Financial Statements
Ms. Bodkin provided an overview of the Auditor’s Year End Report, Attachment
#1 to staff report CFS14-029, including key performance results, industry
comparisons, Audit Committee best practice recommendations, and a summary
of the audit process. She highlighted elements of the Corporation’s draft
Consolidated Financial Statements for the year ended December 31, 2013 and
responded to questions from Council.
General Committee received the comments of the delegation.
4. CONSIDERATION OF ITEMS
1. CFS14-029 – 2013 Year End Audited Financial Statements
Special General Committee – Audit Committee Meeting Report
Tuesday, August 12, 2014 Page 2 of 2
General Committee recommends:
THAT report CFS14-029 be received; and
THAT the 2013 Audit Reports and Financial Statements for the year
ended December 31, 2013 be approved and published in accordance
with the Municipal Act, 2001, S.O. 2001, c25, Section 295 on the Town’s
website.
CARRIED
5. CLOSED SESSION
None
6. ADJOURNMENT
The meeting was adjourned at 7:03 p.m.
GEOFFREY DAWE, MAYOR STEPHEN M.A. HUYCKE, TOWN CLERK
THE REPORT OF THE SPECIAL GENERAL COMMITTEE – AUDIT COMMITTEE
MEETING OF AUGUST 12, 2014 RECEIVED FINAL APPROVAL AND COUNCIL
ENDORSEMENT OF THE RECOMMENDATION ON SEPTEMBER 9, 2014.