The Corporation of the
CITY OF WHITE ROCK

Finance and Audit Committee
AGENDA

-
City Hall Council Chambers
15322 Buena Vista Avenue, White Rock, BC, V4B 1Y6

*Live Streaming/Telecast: Please note that all Committees, Task Forces, Council Meetings, and Public Hearings held in the Council Chamber are being recorded and broadcasted as well included on the City’s website at: www.whiterockcity.ca

 

The City of White Rock is committed to the health and safety of our community. In keeping with
Ministerial Order No. M192 from the Province of British Columbia, City Council meetings will take
place without the public in attendance at this time until further notice. 

 

T. Arthur, Director of Corporate Administration

1.
CALL TO ORDER 
 

Councillor Chesney, Chairperson

2.
ADOPTION OF AGENDA
 

  • RECOMMENDATION

    THAT the Finance and Audit Committee adopt the agenda for
    July 28, 2021 as circulated.

3.
ADOPTION OF MINUTES
This item has attachments. 

1.Post-Meeting Minutes - Finance and Audit Committee Meeting_May10_2021 - English.pdf
  • RECOMMENDATION

    THAT The Finance and Audit Committee adopt the May 10, 2021 meeting minutes as circulated.  

4.
FINANCIAL PLANNING POLICIES MANDATE DISCUSSION 
This item has attachments. 

1.145 - Terms of Reference - Finance and Audit Committee (PDF).pdf

At the July 12, 2021 Special to Close Council meeting, Council adopted the following recommendations:

Recommendation #1

THAT Council:

  • Dissolve the Financial Planning Policies Task Force;
  • Merge the mandate of the Financial Planning Policies Task Force into the Finance and Audit Committee, for all members of Council to participate;
  • Include public input into the budget planning process for the Finance and Audit Committee; and,
  • Thank the two (2) community members who have applied for the Task Force.

Recommendation#2

THAT Council directs a Finance and Audit Committee meeting be convened on Wednesday, July 28, 2021 where the mandate of the proposed Financial Planning Policies Task Force be discussed.

Note:  The mandate approved by Council for the Financial Planning Policies Task Force (now dissolved) was as follows:  

The Financial Planning Policies Task Force shall provide recommendations on potential activities and deliverables the City should include in its annual financial planning process.

Terms of Reference for the Finance and Audit Committee are attached for information purposes.

5.
CONCLUSION OF THE JULY 28, 2021 FINANCE AND AUDIT COMMITTEE MEETING
 

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