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HomeMy WebLinkAbout1985-06-07Audit Committee TOWN OF NEWCASTLE T.6 File N�.,...,U:....,,,, June 7, 1985 Minutes of a Meeting of the Audit Committee held on Friday, June 7, 1985, at 10:00 a.m., in Court Room #2. Roll Call Present Were: Councillor R. B. Taylor, Chairman Mayor G. B. Rickard Councillor D. Hamre Councillor I.M. Hobbs, until 11:50 a.m. Councillor M. Hubbard, at 11:00 a.m. Councillor A. Cowman until 11:30 a.m. Councillor E. R. Woodyard Also Present: Mr. L. Martin, Deloitte, Haskins & Sells Mr. B. Chandler, Deloitte, Haskins & Sells Chief Administrative Officer, D. Johnston Treasurer, K. Campbell Deputy Clerk, G. Gray Deputy Clerk, R. Rutledge Mr. B. Chandler presented the 1984 Consolidated Financial Report and responded to questions of Members of the Committee. Mr. L. Martin presented the Management Services Letter, Comments on Internal Control and Accounting Procedures. Financial Report Moved by Mayor Rickard, seconded by Councillor Hamre Management Services. Letter THAT the 1984 Financial Statement, the 1984 Financial Information Return, and the Management Services Letter, be received and forwarded to Council for information; the Auditors be thanked for their presentation and the Treasury Department be commended for their continued progress. "CARRIED" Moved by Mayor Rickard, seconded by Councillor Hamre THAT in consideration of Item 3 of Report TR -91-81, endorsed by Council Resolution #C-1357-81, the Audit Committee continue to operate in its current form in the future. "CARRIED" Adjournment Moved by Mayor Rickard, seconded by Councillor Hamre THAT the meeting adjourn at 12:15 p.m. "CARRIED"