Loading...
HomeMy WebLinkAboutAudit Minutes - 2025-04-07 Audit Committee Minutes April 7, 2025, 4:00 p.m. Council Chambers - Hybrid City of Kitchener 200 King Street W, Kitchener, ON N2G 4G7 Present: Mayor B. Vrbanovic Councillor S. Davey Councillor D. Schnider Councillor J. Deneault Councillor C. Michaud Councillor A. Owodunni (virtually) Councillor P. Singh Councillor B. Ioannidis Councillor D. Chapman Councillor S. Stretch Absent: Councillor M. Johnston Staff: D. Chapman, Chief Administrative Officer M. May, General Manager, Community Services and Deputy Chief Administrator V. Raab, General Manager, Corporate Services J. Readman, General Manager, Development Services J. Lautenbach, Chief Financial Officer, Financial Services D. McGoldrick, General Manager, Infrastructure Services C. Tasker, Internal Auditor M. Blake, Committee Coordinator M. Mills, Committee Coordinator _____________________________________________________________________ 1. Commencement The Audit Committee held a meeting this date commencing at 4:04 p.m. 1 2. Disclosure of Pecuniary Interest and the General Nature Thereof There were no conflicts declared. 3. Status Updates 3.1 First Quarter 2025 Audit Status Report, CAO-2025-095 The Committee considered the Chief Administrator's Office report CAO-2025- 095, entitled 'First Quarter 2025 Audit Status Report', dated March 24, 2025, providing a summary of the Internal Audit assurance and consulting services completed during the period of January and March 2025. C. Tasker presented the First Quarter 2025 Audit Status Report advising that the audits performed include: the fire life safety systems, cash deposits, and employee parking tax exemption. C. Tasker presented an overview of the audits, the findings and any recommendations proposed. C. Tasker then responded to questions from the Committee. Councillor A. Owodunni entered the meeting at this time. 4. Adjournment On motion, this meeting adjourned at 4:16 p.m. Marilyn Mills Committee Coordinator 2