City of Kelowna
Open Audit Committee Meeting
AGENDA

Thursday, April 28, 2022

1:00 P.m. - 1:00 P.m.

Council Chamber

City Hall, 1435 Water Street

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1.

Call to Order - Chair

2.

Confirmation of Minutes - Chair

April 29, 2021

3.

Financial Services Opening Remarks - Genelle

4.

2021 Airport Financial Statements

4.1

Auditor's Report and Airport Financial Statement - Tyler

4.2

Memorandum - Review of Airport Financial Statements - Shayne

5.

2021 Consolidated Financial Statements

5.1

Auditor's Report and Consolidated Financial Statements - Tyler

5.2

Memorandum - Review of Consolidated Financial Statements - Shelly

5.3

Notes to the Financial Statements and Supporting Schedules - Vishaal

5.4

Financial Health Indicators - Shelly

6.

Resolution Closing the Meeting to the Public - Chair

THAT this meeting be closed to the public pursuant to Section 90(1) (l) of the Community Charter for the Audit Committee to deal with matters relating to the following:

• Annual Report

7.

Adjourn to Closed Session - Chair

8.

Reconvene to Open Session

9.

2021 Financial Statements

9.1

Memorandum - Audit Committee Review of 2021 Surplus and Reserves - Shelly

9.2

Memorandum - 2021Surplus from Operations - Genelle

10.

Consideration of Financial Statements and Surplus Allocation - Chair

10.1

Draft Report to Council - Audit Committee Review of 2021 Financial Statements and Recommendation

10.2

Adoption of Financial Statements, Surplus Allocation Recommendation and Report to Council

11.

Termination