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HomeMy WebLinkAboutTR-35-82 /a. 7 /% ✓ i KNOWLEDGEµp ' yS CORPORATION OF THE TOWN OF NEWCASTLE 40 TEMPERANCE STREET BOWMANVILLE, ONTARIO L1C3A6 TELEPHONE 623-3379 REPORT TO THE GENERAL PURPOSE AND ADMINSITRATION COMMITTEE MEETING HELD ON JULY 12, 1982 TR-35-82 SUBJECT: AUDIT FEES FOR NEWCASTLE B.I .A. RECOMMENDATION: It is respectfully recommended : 1. That this matter of the requirement of the Newcastle B.I .A. to meet its audit fee be considered by committee; and 2.That staff be given direction regarding the disposition of this matter. BACKGROUND AND COMMENT: Upon receipt of the annual audit fee for the 1981 fiscal year all local boards which had audits performed by the external auditors were billed those fees billed to the Town. The Newcastle B.I .A. has returned our invoice to them for these services Iand has refused to pay this account (see attached letter) . To my knowledge, The Town has in the past, made the initial payment of the audit fees for the boards,then billed those fees of the boards concerned. All local boards having an audit by the external auditor are required by The Municipal Act to use the services of The Corporation's external auditor. Respectfully submitted, Kathryn . Campbell , C.A. , B. Com, , , Treasurer. K AC rd 05 07 82 ` t� Encl . VI:_ .s�a> q99- sag y - tf µo, THE CORPORATION OF A-- Town of Newcastle 40 Temperance Street INVOICE N_ 1080 s Bowmanville, Ontario y� 623-3379 June 14 19 82 DATE: y NAME: Mr. T. Schmahl , Secretary - Newcastle B.I.A. ADDRESS:_ 34 King Street East Newcastle, Ontario DATE DESCRIPTION AMOUNT Jun .4/82 For professional services rendered in connection with Deloitte, Haskins & Sells, examination of the financial statements of the $230.00 Newcastle Business Improvement Area. Please make cheque payable to: Treasurer Town of Newcastle 40 Temperance Street Bowmanville, Ontario L1C 3A6 Credit Account 7007-241-X-7 MUM (C";I Haskinslells -� Chartered Accountants Bank of Commerce Building 2 Simcoe Street South P.O. Box 800 Oshawa, Ontario L1H7N1 (416) 579-8202 (Toronto area 683-9051) Town of Newcastle May 25, 1982 40 Temperance Street Bowmanville, Ontario L1C 3A6 For professional services rendered in connection with our examination of the financial statements of the Corporation of the Town of Newcastle and its local boards for the year ended December 31, 1981 as follows: • Town of Newcastle $33,400.00 • Bondhead Cemetery Board - annual return, perpetual care funds 250.00 • Bowmanville Cemetery - annual return, perpetual care funds 285.00 • Public Library Board 2,050.00 • Clarke Museum and Archives 285.00 • Bowmanville Museum Board 285.00 • Board of Management for *the Central Business District Improvements Areas of: Bowmanville 230.00 Newcastle 9230.00 Orono 230.00 37,245.00 Less interim billings dated: October 1, 1981 $5,000.00 November 2, 1981 5,000.00 December 2, 1981 5,000.00 January 4, 1982 5,000o00 February 4, 1982 5,000.00 March 2, 1982 50000.00 April 1, 1982 5t000.00 350000.00 $ 2,245.00