City of Kelowna
Open Audit Committee Meeting
AGENDA

Thursday, April 29, 2021

1:00 P.m. - 4:00 P.m.

Council Chamber

City Hall, 1435 Water Street

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1.

Call to Order - Chair

2.

Confirmation of Minutes - 2020

July 14, 2020

3.

Financial Services Opening Remarks - Genelle

4.

2020 Airport Financial Statements

4.1

Auditor's Report and Airport Financial Statement - Tyler

4.2

Memorandum - Review of Airport Financial Statements - Shayne

5.

2020 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 - Tyler

5.4

Financial Health Indicators - Shelly

6.

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

9.1

Memorandum - Audit Committee Review of 2020 Surplus and Reserves - Shelly

9.2

Memorandum -2020 Surplus from Operations - Genelle

10.

Consideration of Financial Statements and Surplus Allocation - Chair

10.1

Draft Report to Council - Audit Committee Review of 2020 Financial Statement and Recommendation

10.2

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

11.

Termination