M I N U T E S ASC-2008-2
The Audit Subcommittee met on April 17, 2008, at 8:39 a.m. in the Council Chamber, Regional Administrative Headquarters, 10 Peel Centre Drive, Brampton.
|Members Present:||C. Corbasson; R. Paterak; R. Whitehead|
|Members Absent:||E. Kolb, due to other municipal business; G. Miles|
|Also Present:||D. Szwarc, Chief Administrative Officer; R.K. Gillespie, Commissioner of Corporate Services and Regional Solicitor; D. Labrecque, Chief Financial Officer; J. MacCrae, Director of Finance, Housing Finance; B. Wilson, Director, Internal Audit; K. Travers, Associate Partner, KPMG; J. Payne, Committee Clerk|
Chaired by Councillor R. Whitehead
1. DECLARATIONS OF CONFLICT OF INTEREST - Nil
2. APPROVAL OF AGENDA
That the agenda for the April 17, 2008 Audit Subcommittee meeting be approved.
a) R. Kent Gillespie, Commissioner of Corporate Services and Regional Solicitor, Update Regarding Region of Peel Audit Subcommittee Agenda Management
R. Kent Gillespie, Commissioner of Corporate Services and Regional Solicitor advised that moving forward there will no longer be separate Audit Subcommittee agendas and minutes for matters related to the Peel Housing Corporation and the Region of Peel. All matters will be dealt with through the Regional Audit Subcommittee agendas and minutes henceforth.
a) 2007 Region of Peel Audited and Consolidated Financial Statements
b) 2007 KPMG Audit Findings Report
c) Peel Housing Corporation Audited 2007 Financial Statements
d) KPMG 2007 Audit Findings Report and Management Letter for Peel Living Corporation
a) Dan Labrecque, Chief Financial Officer, Region of Peel , Memo dated March 19, 2008, Announcing that the Finance Department has Won its Sixth Consecutive Government of Finance Officers Association Canadian Award for Financial Reporting for its 2006 Annual Financial Report
6. IN CAMERA MATTERS - Nil
7. OTHER BUSINESS - Nil
8. NEXT MEETING
May 1, 2008
8:30 a.m. - 9:30 a.m.
Council Chamber, 5th floor
Regional Administrative Headquarters
10 Peel Centre Drive
The meeting adjourned at 8:42 a.m.