Audit Committee

Report

Wednesday, February 14, 2024 at 12:00 P.m. - 1:00 P.m.

Council Chambers - Please check the City website for additional meeting detail information. Meetings can be viewed via live-streaming on YouTube and the City Website.

The City of London is situated on the traditional lands of the Anishinaabek (AUh-nish-in-ah-bek), Haudenosaunee (Ho-den-no-show-nee), Lūnaapéewak (Len-ah-pay-wuk) and Attawandaron (Add-a-won-da-run).

We honour and respect the history, languages and culture of the diverse Indigenous people who call this territory home. The City of London is currently home to many First Nations, Métis and Inuit today.

As representatives of the people of the City of London, we are grateful to have the opportunity to work and live in this territory.

PRESENT:

• Councillors E. Peloza (Chair), 
• P. Cuddy, 
• and J. Pribil; and 

ABSENT:

• S. Stevenson 
• and I. Cheema 

ALSO PRESENT:

• L. Livingstone, A. Barbon, I. Collins, M. Daley, K. denBok (KPMG), P. Ladouceur, J. Paradis, M. Redden (KPMG), T. Pollitt, M. Schulthess, S. Swance, J. Taylor

  Remote Attendance:  R. Armistead, S. Hejazi (MNP), E. Hunt, D. Jaswal (MNP), J. McCloskey, K. Pawelec, D. Thompson

  The meeting is called to order at 12:01 PM.

   

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1.

Call to Order

1.1

Disclosures of Pecuniary Interest

That is BE NOTED that no pecuniary interests were disclosed.

1.2

Election of Vice Chair for the term ending November 30, 2024

• Moved by: P. Cuddy
  Seconded by: J. Pribil; and

  That Councillor S. Stevenson BE APPOINTED as Vice Chair for the term ending November 30, 2024.

  
  
  
  Motion Passed

2.

Consent

None.

3.

Scheduled Items

None.

4.

Items for Direction

4.1

Briefing Note From Internal Audit - MNP

• Moved by: P. Cuddy
  Seconded by: J. Pribil; and

  That the communication from MNP, with respect to the briefing note from the internal auditor, BE RECEIVED.

  
  
  
  Motion Passed

4.2

Internal Audit Follow Up Activities Dashboard - MNP

• Moved by: P. Cuddy
  Seconded by: J. Pribil; and

  That the communication from MNP, with respect to the internal audit follow up activities update dashboard, BE RECEIVED.

  
  
  
  Motion Passed

4.3

Downtown Closed Circuit Television Program - KPMG

• Moved by: P. Cuddy
  Seconded by: J. Pribil; and

  That the KPMG Report on Specified Auditing Procedures for the London Downtown Closed Circuit Television Program, for the year ending December 31, 2023, BE RECEIVED.

  
  
  
  Motion Passed

4.4

Audit Planning Report - KPMG

• Moved by: J. Pribil; and
  Seconded by: P. Cuddy

  That the KPMG LLP Audit Planning Report, for the year ending December 31, 2023, BE APPROVED.

  
  
  
  Motion Passed

5.

Deferred Matters/Additional Business

None.

6.

Confidential (Enclosed for Members only.)

• Moved by: P. Cuddy
  Seconded by: J. Pribil; and

  That the Audit Committee convenes In Closed Session to consider the following: 
  
  6.1  Security of Property
  
  A matter pertaining to the security of the property of the municipality or local board.

  
  
  
  Motion Passed

  That the Audit Committee convenes In Closed Session from12:27 PM to 12:40 PM.
  
  

  
  

6.1

Security of Property

7.

Adjournment

• Moved by: P. Cuddy
  Seconded by: J. Pribil; and

  That the meeting BE ADJOURNED.

  
  
  
  Motion Passed

  The meeting adjourned at 12:40 PM.