Audit Committee
Revised Agenda

AC:002A

Monday, February 22, 2021

4:00 P.m. - 7:00 P.m.

Electronic Meeting

Trustee Members

• Robin Pilkey (Chair),
• Michelle Aarts,
• James Li,
• and David Smith

External Members

• Mark Hughes,
• Ian MacKay,
• and Mary Preece

---

1.

Call to Order and Acknowledgement of Traditional Lands

2.

Approval of the Agenda

3.

Declarations of Possible Conflict of Interest

4.

Approval of Meeting Minutes of December 7, 2020

5.

Delegations

To be presented

6.

Chair's Update

6.1

External Member Recruitment Update

Oral Update

7.

TDSB Internal Audit

7.1

Internal Audit Department Status and Engagement Update, February 2021 [4029]

 

 

8.

Regional Internal Audit Team

8.1

Regional Internal Audit Team Engagement and Status Update [4030]

9.

Audit Committee O. Reg 361/10 Requirements: Work Tracker [4031]

10.

Private Matters

11.

Adjournment

 

 

Acknowledgement of Traditional Lands

I would like to acknowledge that this meeting is situated upon traditional territories. These territories include the Wendat, the Anishinabek (A NISH NA BECK) Nation, the Haudenosaunee (HOE DENA SHOW NEE) Confederacy, the Mississaugas of the New Credit and the Métis Nation. I would also recognize the enduring presence of Aboriginal peoples on this land.

Committee Mandate

(i) To consider and make recommendations to the Board on finance matters, including procurement and contract awards, referred to it for consideration.
(ii) To review the impact of enrolment and policy change on the Board’s budget, including reviewing the impact of enrolment trends, and marketing strategies to bolster enrolment in declining areas of the city; and
(iii) To consider strategies to balance the capital and operating budget over a multi-year period, and to make recommendations to the Board to balance the annual capital and operating budget.