Minutes

Audit Committee

Thursday, January 25, 2024

1:00 P.m. - 3:00 P.m.

Electronic Meeting

Members:

• W. Emmerson, 
• G. Chan, 
• M. Chan, 
• N. Davison, 
• A. Ho, 
• S. Pellegrini, 
• M. G. Racco, 
• and G. Rosati 

Staff:

• I. Agyemang, 
• C. Atkari, 
• D. Basso, 
• L. Bigioni, 
• L. Brooks, 
• P. Casey, 
• C. Clark, 
• D. Fanone, 
• C. Goodeve, 
• M. Grover, 
• B. Ikram, 
• G. Karbazi, 
• D. Kuzmyk, 
• J. Li, 
• E. Mahoney, 
• S. Maio, 
• L. Milne, 
• L. Mirabella, 
• M. Morris, 
• M. O'Meara, 
• A. Parsram, 
• K. Paulino, 
• L. Rabeau, 
• M. Rabeau, 
• C. Raynor, 
• A. Reid, 
• M. Shatil, 
• B. Shifman, 
• I. Soneji, 
• and K. Wishart 

Other:

• M. Khoushnood (KPMG)

   

---

A.

Call to Order

The Audit Committee meeting was called to order at 1 p.m. and the Committee Coordinator provided the following land acknowledgement:

We acknowledge that York Region is located on the traditional territory of many Indigenous peoples including the Anishinaabeg, Haudenosaunee, Huron-Wendat and Métis peoples and the treaty territories of the Haudenosaunee, Mississaugas of the Credit First Nation and Williams Treaties First Nations.

Today this area is home to many diverse Indigenous Peoples, and we recognize their history, spirituality, culture and stewardship of this land.

We also acknowledge the Chippewas of Georgina Island First Nation as our closest First Nation community.

B.

Election of Chair

Regional Councillor M. Chan was acclaimed as Chair of the Audit Committee for 2024.

C.

Election of Vice Chair

Mayor Del Duca was acclaimed as Vice Chair of the Audit Committee for 2024.

D.

Disclosures of Interest

None

E.

Presentations

E.1

KPMG Audit Planning Report

Audit Committee received the presentation by Maria Khoushnood, KPMG LLP.

F.

Communications

F.1

Audit Services Branch Report

Audit Committee recommends receipt of the memorandum from Michelle Morris, Director, Audit Services.

F.2

Audit Services 2023 Balanced Scorecard

Audit Committee recommends receipt of the memorandum from Michelle Morris, Director, Audit Services.

F.3

Long Term Disability Management and Oversight Audit Report

Audit Committee recommends receipt of the memorandum dated January 15, 2024 from Stephen Maio, Senior Executive Officer, People, Equity, and Culture.

G.

Reports

G.1

Appointment of Auditor for 2024 to 2028

Audit Committee recommends adoption of the following recommendations in the report dated January 15, 2024 from the Commissioner of Finance:

1. Council appoint KPMG as the municipal auditor for the fiscal years 2024 to 2028 inclusive.
2. The Regional Solicitor be authorized to prepare the necessary bylaw to give effect to the appointment.

G.2

Audit Services Branch 2024 Risk-Based Work Plan

Audit Committee recommends adoption of the following recommendation in the report from the Director of Audit Services:

1. Regional Council approve the Audit Services Branch’s 2024 Risk-Based Work Plan (Appendix A).

H.

Other Business

None

I.

Private Session

At 1:24 p.m. Audit Committee resolved into Private Session to consider the following:

I.1

Private Attachments 5, 7 and 8 to Item F.1 - Audit Services Branch Report - Security of Property and Labour Relations

At 1:36 p.m. Audit Committee reconvened in Public Session.

J.

Adjournment

The Audit Committee meeting adjourned at 1:38 p.m.