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HomeMy WebLinkAboutAFC 2013-03-18 Minutes.pdfI District of Maple Ridge Audit & Finance Committee Meeting Minutes March 18, 2013 The Minutes of the Audit and Finance Committee Meeting held in the Blaney Room of the Municipal Hall, 11995 Haney Place, Maple Ridge, BC on Monday, March 18, 2013 at 8:00 a.m. PRESENT Committee Members Councillor Morden, Chair Mayor Daykin Councillor Bell Councillor Masse Guests Councillor Ashlie Councillor Hogarth Municipal Staff J. Rule, Chief Administrative Officer P. Gill, General Manager, Corporate & Financial Services C. Nolan, Manager of Accounting F. Quinn, The General Manager of Public Works and Development The meeting was called to order at 8:00 a.m. 1. Approval of agenda 2. MOVED by Mayor Daykin and SECONDED by Councillor Masse that the agenda be approved as circulated. CARRIED Approval of minutes of February 4, 2013 MOVED by Councillor Bell and SECONDED by Mayor Daykin that the minutes of February 4, 2013 be approved. CARRIED Note: Councillor Ashlie joined the meeting at 8:05 a.m. 3. Preliminary General Revenue Fund Update • The Manager of Accounting gave a PowerPoint presentation providing an update on the preliminary 2012 General Revenue Fund. She provided an Audit & Finance Committee Meeting Minutes March 18, 2013 Page 2 explanation of the financial plan as compared to financial statements, outlined the legislative framework the public sector works under and highlighted the 2012 general revenue results, variances and year end provisions. Note: Councillor Hogarth joined the meeting at 8:07 a.m. 4. A discussion followed the presentation about the year-end provisions, projections and plans for future projects in terms of funding. Next Meetings • April 22nd • May 6th Review Consolidated Financial Statements Post audit meeting with BDO Adjournment-8:54 a.m. Councillor Morden, Chair