Additions & Corrections to the Agenda

Declarations of Pecuniary Interest

Presentations

1.

Presentation by Mr. Paul Duggan and Mr. Travis Waite, York Region Audit Services regarding the annual report.  (to be distributed at the meeting)

Approval of Minutes

2.

Audit Committee Minutes of June 23, 2014.

p. 1

3.

Audit Committee (Closed Session) Minutes of June 23, 2015.

Items

4.

Review of 2014 Financial Statements.

Representatives from BDO Canada LLP. and the Director, Financial Services/Treasurer and Manager, Accounting and Finance to review:

a)

Report to the Audit Committee dated June 22, 2015 from BDO Canada LLP

p. 4

b)

Management Letter dated June 22, 2015 from BDO Canada LLP (to be distributed when available)

c)

Town of Newmarket Consolidated Financial Statements and representation letter dated June 22, 2015 from BDO Canada LLP

p. 19

d)

Town of Newmarket Main Street District BIA Financial Statements and representation letter dated June 22, 2015 from BDO Canada LLP

p. 53

e)

Town of Newmarket Trust Fund Financial Statements and representation letter dated June 22, 2015 from BDO Canada LLP

p. 62

f)

Financial Statement Discussion and Analysis (FSD&A) dated June 22, 2015 from the Manager, Accounting and Finance

p. 71

Recommendation:

The Director of Financial Services/Treasurer recommends:

THAT the Town of Newmarket’s Draft 2014 Consolidated Financial Statements, Trust Fund Financial Statements and Main Street District BIA Financial Statements, Representation Letter dated June 22, 2015 and Summary Letter dated June 22, 2015 from BDO Canada LLP be received;

AND THAT the Audit Committee recommend to Council that the Town of Newmarket’s Draft 2014 Consolidated Financial Statements, Trust Fund Financial Statements and Main Street District BIA Financial Statements endorsed by the Audit Committee be approved.

Closed Session (if required)

THAT the Audit Committee resolve into closed session pursuant to Section 239 (2) (d) of The Municipal Act, 2001 as amended for the purpose of discussing labour relations or employee negotiations.

5.

Discussion with BDO Canada LLP, Auditor regarding Labour Relations or Employee Negotiations as per Section 239 (2) (d) of the Municipal Act, 2001. (if required)

New Business

Adjournment