Agenda
Audit Committee


Audit Committee Meeting
Tuesday, June 4, 2019
Tom Davies Square - Council Chamber
Deb McIntosh, Chair
Mike Jakubo, Vice Chair

2:00 p.m. AUDIT COMMITTEE MEETING
COUNCIL CHAMBER

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DECLARATIONS OF PECUNIARY INTEREST AND THE GENERAL NATURE THEREOF

PRESENTATIONS

1. Report dated May 10, 2019 from the General Manager of Corporate Services regarding 2018 Audit Findings Report.

(ELECTRONIC PRESENTATION) (FOR INFORMATION ONLY)
(This report provides the audit findings with respect to the 2018 year-end.)

1.1 Full Report (pdf)
1.2 2018 Audit Findings report (pdf)
1.3 KPMG LLP - 2018 Audit Findings Report (pdf)
1.4 CGS Audit Presentation (2018 Fiscal Year) Audit Findings (pdf)

  • Oscar Poloni, KPMG
2. Report dated May 13, 2019 from the General Manager of Corporate Services regarding 2018 Annual Report including Consolidated Financial Statements.

(ELECTRONIC PRESENTATION) (RESOLUTION PREPARED)
(This report recommends that the Consolidated Financial Statements of the City of Greater Sudbury and the Financial Statements of the City of Greater Sudbury Trust Funds for the year ended December 31, 2018 be adopted by Council.)

2.1 Full Report (pdf)
2.2 Report to Audit Committee - Annual Report (pdf)
2.3 CGS_ANNUAL_REPORT for year ending December 31 2018 (may29) (pdf)
2.4 2018 FS Annual Report Presentation to Audit Committee June 4 2019 FINAL (pdf)

  • Lorraine Laplante, Manager of Accounting/Deputy Treasurer

MEMBERS' MOTION

CORRESPONDENCE FOR INFORMATION ONLY

I-1. Report dated May 17, 2019 from the General Manager of Corporate Services regarding 2018 Operating Budget Variance Report - December.

(FOR INFORMATION ONLY)
(This report provides a year end projection based on expenditures and revenues to the end of December, 2018.)

1.1 Full Report (pdf)
1.2 2018 Yearend Operating Budget Variance Report (pdf)
1.3 Appendix 1 2018 YE Variance Report (pdf)

I-2. Report dated May 21, 2019 from the General Manager of Corporate Services regarding Reserves and Reserve Funds Balances as of December 31, 2018.

(FOR INFORMATION ONLY)
(This report advises of the balances in the Reserves and Reserve Funds at December 31, 2018.)

2.1 Full Report (pdf)
2.2 Report (pdf)
2.3 Appendix A - Reserve Trends (pdf)
2.4 Appendix B - Reserves (pdf)
2.5 Appendix C - Reserve Funds (pdf)
2.6 Appendix D - 2018 Tax Discretionary Reserves Chart (pdf)
2.7 Appendix E - Consolidation of CFRF and Creation of Holding Account Reserves (pdf)

ADDENDUM

CIVIC PETITIONS

QUESTION PERIOD

ADJOURNMENT

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