City of KelownaOpen Audit Committee MeetingAGENDAThursday, April 29, 2021 1:00 P.m. - 4:00 P.m.Council ChamberCity Hall, 1435 Water Street1.Call to Order - Chair 2.Confirmation of Minutes - 2020 1.Draft Minutes - July 14 2020 Audit Open.pdfJuly 14, 20203.Financial Services Opening Remarks - Genelle 4.2020 Airport Financial Statements 4.1Auditor's Report and Airport Financial Statement - Tyler 1.OM - 4.1 - 2020 Kelowna International Airport FS.pdf4.2Memorandum - Review of Airport Financial Statements - Shayne 1.OM - 4.2 - Memo - Review of 2020 Airport Financial Statements.pdf5.2020 Consolidated Financial Statements 1.2020 Consolidated Financial Statements_for presenting.pdf5.1Auditor's Report and Consolidated Financial Statements - Tyler 1.OM - 5.1 - 2020 Consolidated Financial Statements DRAFT.pdf5.2Memorandum - Review of Consolidated Financial Statements - Shelly 1.OM - 5.2 - FS Memo -Review of 2020 Consolidated Financial Statements.pdf5.3Notes to the Financial Statements and Supporting Schedules - Tyler 1.OM - 5.3 - Notes to Financial Statements DRAFT.pdf5.4Financial Health Indicators - Shelly 1.OM - 5.4a - Financial Health Indicators.pdf2.OM - 5.4b - 2020 Financial Health Indicators_presentation.pdf6.Resolution Closing the Meeting to the Public 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 8.Reconvene to Open Session 9.2020 Financial Statements 9.1Memorandum - Audit Committee Review of 2020 Surplus and Reserves - Shelly 1.OM - 9.1 - Memo - Review of Surplus and Reserves.pdf9.2Memorandum -2020 Surplus from Operations - Genelle 1.OM - 9.2 - FS Memo - 2020 Surplus from Operations.pdf10.Consideration of Financial Statements and Surplus Allocation - Chair 10.1Draft Report to Council - Audit Committee Review of 2020 Financial Statement and Recommendation 1.OM - 10.1 - Council Report - Financial Statements for the Year Ending December 31, 2020.pdf10.2Adoption of Financial Statements, Surplus Allocation Recommendation and Report to Council 11.Termination No Item Selected This item has no attachments1.2020 Consolidated Financial Statements_for presenting.pdf1.OM - 4.1 - 2020 Kelowna International Airport FS.pdf1.OM - 4.2 - Memo - Review of 2020 Airport Financial Statements.pdf1.OM - 5.1 - 2020 Consolidated Financial Statements DRAFT.pdf1.OM - 5.2 - FS Memo -Review of 2020 Consolidated Financial Statements.pdf1.OM - 5.3 - Notes to Financial Statements DRAFT.pdf1.OM - 5.4a - Financial Health Indicators.pdf2.OM - 5.4b - 2020 Financial Health Indicators_presentation.pdf1.OM - 9.2 - FS Memo - 2020 Surplus from Operations.pdf1.OM - 10.1 - Council Report - Financial Statements for the Year Ending December 31, 2020.pdf1.Draft Minutes - July 14 2020 Audit Open.pdf1.OM - 9.1 - Memo - Review of Surplus and Reserves.pdf