AgendaAudit CommitteeMeeting #:Date:Wednesday, June 05, 2019Time: 1:00 P.m. - 3:00 P.m.Location:Committee Room A17250 Yonge Street, NewmarketQuorum: 5A.Call to Order B.Disclosures of Interest C.Presentations C.1KPMG Audit Findings Report Nicole Hately, Audit Manager, KPMG LLP (See Item D.1.) Recommendation: ReceiveC.22018 Financial Statements and Auditor's Report Laura Mirabella, Commissioner of Finance and Regional Treasurer Jason Li, Acting Director, Controllership Office (See Item E.1.) Recommendation: ReceiveD.Communications D.1KPMG Audit Findings Report 1.KPMG_Audit_Findings_Report.pdfKevin Travers, KPMG LLP dated April, 2019. Recommendation: ReceiveD.2Implementation of Audit Recommendation - Requirement to Develop and Implement Integrated Housing Software 1.Implementation_of_Audit_Recommendation_-_Requirement_to_Implement_Housing_Software.pdfKatherine Chislett, Commissioner of Community and Health Services dated May 29, 2019. Recommendation: ReceiveE.Reports E.12018 Financial Statements and Auditor's Report 1.2018_Financial_Statements_and_Auditors_Report.pdf2.Att 1 - 2018_Financial_Statements_and_Auditors_Report.pdfReport dated May 29, 2019 from the Commissioner of Finance and Regional Treasurer recommending that: Council receive this report for information E.2Award of External Audit Services and Appointment of Auditor for 2019 to 2023 1.Award_of_External_Audit_Services_and_Appointment_of_Auditor_for_2019_to_2023.pdfReport dated May 29, 2019 from the Commissioner of Finance and Regional Treasurer recommending that: Council approve the award of the contract for external audit services to KPMG LLP (KPMG), pursuant to Request for Proposal RFP 19-21 for an initial term of five years at a total cost of $840,000.00, excluding HST, and authorize the execution of the contract on behalf of the Region. The Commissioner of Finance be authorized to exercise the option to extend the contract for one additional term of five years, on the same terms and conditions, for a total five year cost of $905,139.77, excluding HST, provided that the auditor has performed the services to the satisfaction of the Commissioner and the total cost is within the budget allocated to audit services. Council appoint KPMG as the municipal auditor for the fiscal years 2019 to 2023 inclusive. The Regional Solicitor be authorized to prepare the necessary bylaw to give effect to the appointment. E.3Audit Services Branch Report 1.Audit_Services_Branch_Report.pdf2.Att 1 - Audit_Services_Branch_Report.pdf3.Att 2 - Audit_Services_Branch_Report.pdf4.Att 3 - Audit_Services_Branch_Report.pdf5.Att 4 - Audit_Services_Branch_Report.pdf6.Att 5 - Audit_Services_Branch_Report.pdfReport dated May 29, 2019 from the Director of Audit Services recommending that: Council receive this report for information. F.Other Business G.Private Session G.1Private Attachment to Item D.1 - Critical Accounting Estimates - KPMG Audit Findings Report - Ongoing Negotiations G.2Private Attachments to Item E.3 - Tables C and D - Audit Services Branch Report - Security of Regional Property H.Adjournment No Item Selected This item has no attachments1.KPMG_Audit_Findings_Report.pdf1.Implementation_of_Audit_Recommendation_-_Requirement_to_Implement_Housing_Software.pdf1.Audit_Services_Branch_Report.pdf2.Att 1 - Audit_Services_Branch_Report.pdf3.Att 2 - Audit_Services_Branch_Report.pdf4.Att 3 - Audit_Services_Branch_Report.pdf5.Att 4 - Audit_Services_Branch_Report.pdf6.Att 5 - Audit_Services_Branch_Report.pdf1.Award_of_External_Audit_Services_and_Appointment_of_Auditor_for_2019_to_2023.pdf1.2018_Financial_Statements_and_Auditors_Report.pdf2.Att 1 - 2018_Financial_Statements_and_Auditors_Report.pdf