Audit Committee Agenda

June 20, 2011

4:00 pm

General Committee Room

Roll Call

1.

Confirmation of Minutes

a)

December 13, 2010

2.

Disclosure of Pecuniary Interest

Determination of Items Requiring Separate Consideration

For Your Convenience, Circle The Items You Wish To Consider Separately:

Item Number   3    4    5    6

3.

Director of Corporate Services

Report CPFS11-008

Treasurer’s Report, 2010 Consolidated Financial Report, 2010

Trust Funds Financial Statement and Five-Year Review

A report to recommend the “Treasurer’s Report, 2010 Consolidated Financial Report, the 2010 Trust Funds Financial Statement and Five Year Review” be received, that underlying accounting policies be approved, and the 2010 Financial Report be received and submitted to the Province.

4.

Director of Corporate Services

Report CPFS11-009

Management Letter and Verbal Audit Findings Report for the

year ended December 31, 2010

A report to recommend the “Audit of December 31, 2010 Financial Statements” letter (Management Letter) and Verbal Audit Findings Report prepared and presented by the City’s auditor, Collins Barrow Kawarthas LLP, be received as information.

5.

Director of Corporate Services

Report CPFS11-010

Audit of the Consolidated Financial Statements of the City of

Peterborough - Acknowledgement Letter

A report to recommend that the Audit of the Consolidated Financial Statements of the City of Peterborough, Acknowledgement Letter prepared by Collins Barrow Kawarthas LLP, be received and that the Mayor and Chair of the Audit Committee be authorized to sign the letter acknowledging receipt and contents of the letter.

6.

Director of Corporate Services

Report CPFS11-011

Tax Adjustments under Section 356 and Tax Appeals under

Sections 357, 358 and 359 of the Municipal Act, 2001

A report seeking Council’s approval for tax adjustments in accordance with Sections 356, 357, 358 and 359 of the Municipal Act, 2001.

Resolution to meet in Closed Session

MUNICIPAL ACT, 2001

7.

Section 239(2)(b) Personal Matters About An Identifiable Individual, Including Municipal Or Local Board Employees

Open Session

Other Business

Adjournment