Audit Committee

Report

4th Meeting of the Audit Committee

Wednesday, November 13, 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, 
• S. Stevenson, 
• J. Pribil, 
• and I. Cheema 

ALSO PRESENT:

• S. Datars-Bere, A. Barbon, I. Collins, D. Escobar, J. Paradis, T. Pollitt, M. Schulthess, C. Smith, S. Swance

  Remote Attendance:  M. Daley, K. DenBok (KPMG), P. Racco (MNP), G. Rodrigues (MNP)

   

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1.

Disclosures of Pecuniary Interest

That it BE NOTED that no pecuniary interests were disclosed.

2.

Consent

None.

3.

Scheduled Items

None.

4.

Items for Direction

4.1

Briefing Note from Internal Audit

• Moved by: P. Cuddy
  Seconded by: S. Stevenson

  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

• Moved by: P. Cuddy
  Seconded by: S. Stevenson

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

  
  
  
  Motion Passed

4.3

2023 Audited Board Financial Statements - Middlesex-London Health Unit and Argyle Business Improvement Association Board of Management

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

  That, on the recommendation of the Deputy City Manager, Finance Supports, the report dated November 13, 2024 along with Appendix ‘A’, Financial Statements of the Middlesex-London Health Unit for the year ending December 31, 2023, and Appendix ‘B’, Financial Statements of Argyle Business Improvement Association Board of Management for the year ending December 31, 2023, BE RECEIVED for information.

  
  
  
  Motion Passed

5.

Deferred Matters/Additional Business

None.

6.

Adjournment

• Moved by: S. Stevenson
  Seconded by: P. Cuddy

  That the meeting BE ADJOURNED.

  
  
  
  Motion Passed

  The meeting adjourned at 12:49 PM.