HomeMy WebLinkAboutAudit Minutes - 2025-09-29
Audit Committee
Minutes
September 29, 2025, 3:00 p.m.
Council Chambers
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 B. Ioannidis
Councillor D. Chapman
Councillor S. Stretch
Absent: Councillor C. Michaud
Councillor A. Owodunni
Councillor P. Singh
Councillor M. Johnston
Staff: D. Chapman, Chief Administrative Officer
M. May, General Manager, Community Services and Deputy
Chief Administrator
J. Lautenbach, Chief Financial Officer, Financial Services
D. McGoldrick, General Manager, Infrastructure Services
K. Fischer, Director, Financial Reporting & ERP Solutions
G. Demacio, Manager, Financial Reporting & Analysis
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1. Commencement
The Audit Committee held a meeting this date commencing at 3:13pm.
2. Disclosure of Pecuniary Interest and the General Nature Thereof
None.
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3. Discussion Items
3.1 External Audit Planning Report for Fiscal Year 2025, FIN-2025-394
The Committee considered Financial Services report FIN-2025-394, dated
September 19, 2025, to which the KPMG report entitled, 'External Audit Planning
Report for Fiscal Year 2025' was attached.
J. Vanhie and C. Cheal, KPMG, the City's external Auditors, were in attendance
and presented their Audit Planning Report for the year ending December 31,
2025.
J. Lautenbach, G. Demacio and K. Fischer were also in attendance to respond to
questions from the Committee.
On motion by Councillor S. Davey
it was resolved:
"That the Audit Planning Report for the year ended December 31, 2025
prepared by KPMG, attached as Attachment 'A' to Financial Services
Department report FIN-2025-394, be approved."
Carried
4. Adjournment
On motion, this meeting adjourned at 3:27 p.m.
Marilyn Mills
Committee Coordinator
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