HomeMy WebLinkAboutAFC 2015-03-16 Minutes.pdf)
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City of Maple Ridge
Audit & Finance Committee Meeting Minutes
March 16, 2015
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 16,
2015 at 8:00 a.m.
PRESENT
Committee Members •
Councillor Masse, Chair
Mayor Read
Councillor Bell
Councillor Shymkiw
Guests
Councillor Speirs
Municipal Staff
J. Rule, Chief Administrative Officer
P. Gill, General Manager, Corporate & Financial Services
F. Quinn, General Manager of Public Works and Development
K. Swift, General Manager of Community Development, Parks
and Recreation Services
C. Nolan, Manager of Accounting
T. Thompson, Manager of Financial Planning
L. Benson, Manager of Sustainability and Corporate Planning
Mitch Stripp, Electronics Technician
Malcolm McDougall, Groundskeeper -Fields
The meeting was called to order at 8:00 a.m.
1. Approval of agenda
MOVED by Councillor Bell and SECONDED by Councillor Shymkiw that the
agenda be approved as circulated.
CARRIED
2. Approval of minutes of February 2, 2015
MOVED by Mayor Read and SECONDED by Councillor Shymkiw that the minutes
of February 2, 2015 be approved.
CARRIED
Audit & Finance Committee Meeting Minutes
March 16, 2015
Page 2
3. Preliminary Year End Update (General Revenue)
The Manager of Accounting provided a presentation reviewing preliminary
results in the General Revenue Fund.
Next steps: Consolidated Statements to be presented at Council Workshop on
April 20 and be on the April 28 Council agenda for acceptance by Council as per
audit requirements. The auditor will attend the next Audit and Finance
Committee meeting to review the audit results and Management Letter.
4. Fiscal Impact Model (Presentation)
The Manager of Sustainability and Corporate Planning provided a presentation
about the information provided by a fiscal impact analysis.
Next steps: To work with the Planning Department to provide a sample analysis
of a local scenario; also, provide a list of "boxed" fiscal impact analysis tools.
Councillor Speirs joined the meeting at 9:00 a.m.
5. Financial Overview Report
The General Manager of Corporate and Financial Services reviewed the
Financial Overview report.
Next steps: Tax Rates and Financial Plan bylaws incorporating the essence of
the Financial Overview report to be brought forward to Council in coming
months.
6. Next Meeting -May 4, 2015
Adjournment -9:40 a.m.
B. rlasse, Chair