HomeMy WebLinkAboutAFC 2017-11-14 Minutes.pdf1
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City of Maple Ridge
Audit & Finance Committee Meeting Minutes
November 14, 2017
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 Tuesday, November 14, 2017 at
5:00 p.m.
PRESENT
Committee Members
Councillor Masse, Chair
Councillor Bell
Councillor Robson
Councillor Shymkiw
Councillor Speirs
Mayor Read
Absent
Councillor Duncan
Municipal Staff
P. Gill, Chief Administration Officer
F. Quinn, General Manager of Public Works & Development
Services
K. Swift, General Manager Parks, Recreation & Culture
C. Nolan, Interim Director of Finance
T. Thompson, Manager of Financial Planning
L. Benson, Manager, Corporate Planning & Sustainability
The meeting was called to order at 5:05 p.m.
1. Approval of the Agenda
It was moved and seconded
That the agenda for the November 14, 2017 Audit & Finance Committee meeting be
approved as circulated.
CARRIED
2. Approval of minutes of October 3, 2017
It was moved and seconded
That the minutes of the Audit & Finance Committee of October 3, 2017 be
adopted as circulated.
NOTE: Councillor Bell joined the meeting at 5:08
NOTE: Mayor Read joined the meeting at 5:12
CARRIED
Audit & Finance Committee Meeting Minutes
November 14, 2017
Page 2
3. Introduction to Financial Plan
The Interim Director of Finance advised the Committee the intent of the meeting
was to provide an introduction to the Financial Plan by highlighting changes since
the 2017-2021 Financial Plan was adopted, and to review some incremental
adjustments recommended by the Corporate Management Team with a funding
strategy that respected the Financial Planning Guidelines adopted in July. The
Committee agreed to move the planned presentation on the proposed 2018-2022
Capital Program from the November 14, 2017 Council Meeting to this meeting to
this Audit & Finance Committee meeting.
The Manager of Financial Planning provided a detailed presentation itemizing those
changes and reviewed each recommended incremental adjustment as well as the
funding strategy for each.
The Manager of Financial Planning provided a comprehensive presentation on the
proposed 2018-2022 Capital Program.
4. Adjournment -6:00