Audit Committee Meeting

Minutes

Meeting #:
Date:	Wednesday, December 09, 2020
Time:	3:30 P.m. - 5:30 P.m.
Location:	Council Chambers - members participating remotely

Members Present:

• Paul Sharman (Chair),
• Lisa Kearns (Vice Chair),
• Phillip Chisulo,
• Etienne Durafour,
• Mathew Moore,
• Angelo Bentivegna,
• and Mayor Marianne Meed Ward

Member Regrets:

• Aaron Mendaglio

Staff Present:

• Tim Commisso,
• Joan Ford,
• Sheila Jones,
• Sandy O'Reilly,
• David Thompson (Audio/Video Specialist),
• and Suzanne Gillies (Clerk)

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1.

Declarations of Interest:

None.

2.

Delegation(s):

None.

3.

Consent Items:

3.1

Financial highlights as at September 30, 2020 (F-36-20)

• Moved by: Mayor Meed Ward

  Receive and file finance department report F-36-20 providing financial highlights as at September 30, 2020.

  CARRIED

3.2

Financial policies (F-35-20)

• Moved by: Mayor Meed Ward

  Receive and file finance department report F-35-20 providing information on financial policies.

  CARRIED

4.

Regular Items:

4.1

External audit plan for audit for the fiscal year ended December 31, 2020 (F-34-20)

• Moved by: Mayor Meed Ward

  Approve the external audit plan for the fiscal year ended December 31, 2020 as presented by Deloitte LLP at the Audit Committee meeting of December 9, 2020.

  CARRIED

5.

Confidential Items:

None.

6.

Procedural Motions:

None.

7.

Information Items:

• Moved by: Mayor Meed Ward

  Receive and file the following  item, having been given due consideration by the Audit Committee.

  CARRIED

7.1

Presentation from Trevor Ferguson, Partner Deloitte regarding external audit plan for audit for the fiscal year ended December 31, 2020 (F-34-20)

8.

Staff Remarks:

9.

Committee Remarks:

10.

Adjournment:

Chair adjourned the meeting at 4:03 p.m.