May 1, 2023 - Minutes
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Finance Committee
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Date: |
Monday, May 1, 2023 |
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Place: |
Council Chambers |
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Present: |
Mayor Malcolm D. Brodie, Chair
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Call to Order: |
The Chair called the meeting to order at 4:42 p.m. |
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MINUTES |
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It was moved and seconded |
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That the minutes of the meeting of the Finance Committee held on April 3, 2023, and the minutes of the Special Finance Committee meeting held on April 17, 2023, be adopted as circulated. |
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CARRIED |
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DELEGATIONS |
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1. |
Brandon Jonathan Ma, Partner, and Aanu Adeleye, Senior Manager, KPMG LLP, to present the Audit findings on the City’s 2022 consolidated financial statements. |
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FINANCE AND CORPORATE SERVICES DIVISION |
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2. |
2022 CONSOLIDATED FINANCIAL STATEMENTS (File Ref. No. 03-0905-01) (REDMS No. 7202851) |
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It was moved and seconded |
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That the 2022 City of Richmond Consolidated Financial Statements as presented in Attachment 2 be approved. |
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CARRIED |
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RICHMOND PUBLIC LIBRARY |
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3. |
2022 FINANCIAL STATEMENTS FOR THE RICHMOND PUBLIC LIBRARY (File Ref. No. 03-0905-01) (REDMS No. 7196141) |
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It was moved and seconded |
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That the 2022 Richmond Public Library audited financial statements for the year ended December 31, 2022, as presented in the attached report from the Chief Librarian, be received for information. |
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CARRIED |
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LULU ISLAND ENERGY COMPANY |
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4. |
2022 FINANCIAL STATEMENTS FOR THE LULU ISLAND ENERGY COMPANY (File Ref. No. 01-0060-20-LIEC1) (REDMS No. 7201618) |
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It was moved and seconded |
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That the Lulu Island Energy Company report titled “2022 Financial Statements for the Lulu Island Energy Company”, dated April 13, 2023, from the Chief Executive Officer and Chief Financial Officer, be received for information. |
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CARRIED |
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RICHMOND OLYMPIC OVAL CORPORATION |
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5. |
RICHMOND OLYMPIC OVAL CORPORATION 2022 AUDITED FINANCIAL STATEMENTS (File Ref. No. 03-1200-09) (REDMS No. 7210131) |
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It was moved and seconded |
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That the report on the 2022 Audited Financial Statements for the Richmond Olympic Oval Corporation from the Director, Finance, Innovation & Technology, Richmond Olympic Oval Corporation be received for information. |
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CARRIED |
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ADJOURNMENT |
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It was moved and seconded |
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That the meeting adjourn (4:49 p.m.). |
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CARRIED |
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Certified a true and correct copy of the Minutes of the meeting of the Finance Committee of the Council of the City of Richmond held on Monday, May 1, 2023. |
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Mayor Malcolm D. Brodie |
Lorraine Anderson |