Audit Committee

Minutes

Meeting #:

Date:

Friday, March 08, 2024

Time:

9:30 A.m. - 10:30 A.m.

Location:

Champlain Room, 110 Laurier Avenue West, and by electronic participation

Present:

Chair: Councillor Cathy Curry,
Vice-Chair: Councillor David Brown,
Councillor David Hill,
Councillor Theresa Kavanagh,
Councillor Marty Carr,
Councillor Catherine Kitts,
Councillor Allan Hubley,
and Councillor Wilson Lo

1.
Notices and meeting information for meeting participants and the public

Notices and meeting information are attached to the agenda and minutes, including: availability of simultaneous interpretation and accessibility accommodations; in camera meeting procedures; information items not subject to discussion; personal information disclaimer for correspondents and public speakers; notices regarding minutes; and hybrid participation details.

Accessible formats and communication supports are available, upon request.

Except where otherwise indicated, reports requiring Council consideration will be presented to Council on April 3, 2024 in Audit Committee Report 5.

The deadline to register by phone to speak, or submit written comments or visual presentations is 4 pm on March 7, 2024, and the deadline to register to speak by email is 8:30 am on March 8, 2024.

These “Summary Minutes” indicate the disposition of items and actions taken at the meeting. This document does not include all of the text that will be included in the full Minutes, such as the record of written and oral submissions. Recorded votes and dissents contained in the Summary Minutes are draft until the full Minutes of the meeting are confirmed by the Committee. The draft of the full Minutes (for confirmation) will be published with the agenda for the next regular Committee meeting and, once confirmed, will replace this document.

Carried

3.2
AC Confidential Minutes 4 - November 27, 2023

Carried

4.
Finance and Corporate Services Department

4.1
2023 KPMG Financial Statement Audit Plan

1.Report - 2023 KPMG Financial Statement Audit Plan.pdf

2.Document 1 – KPMG LLP 2023 Financial Statement Audit Plan.pdf

File No. ACS2024-FCS-FIN-0001 - City Wide

Report recommendation

That the Audit Committee and Council receive this report for information.
Received

5.
Office of the Auditor General

5.1
Office of the Auditor General (OAG) - Audit of Affordable Housing

1.Report - Audit of Affordable Housing.pdf

2.Document 1 – OAG Audit of Affordable Housing EN.pdf

3.Document 1 – BVG Vérification du logement abordable FR.pdf

4.Document 2 – OAG Audit of Affordable Housing - Audit Highlights EN.pdf

5.Document 2 – BVG Faits saillants tirés de la vérification du logement abordable FR.pdf

File No. ACS2024-OAG-BVG-001 - City Wide

Report recommendation

That the Audit Committee receive the audit report and recommend that Council consider and approve the recommendations.
Carried
Motion No. AC2024-05-01
Moved byD. Brown
WHEREAS the Supporting Documentation for item 5.1 titled “Office of the Auditor General (OAG) - Audit of Affordable Housing” was not circulated with the agenda package;

THEREFORE BE IT RESOLVED that the Audit Committee approve the addition of these documents for consideration by the Committee at today’s meeting, pursuant to Section 89(3) of the Procedure By-law (being By-law no. 2022-410).
Carried