AUDIT COMMITTEE

AGENDA

Wednesday, May 2, 2007
9:30 am - 12:00 am
MEDIA ROOM
1st Floor, City Hall
1841 Argyle Street
IN CAMERA
9:45 a.m.

1. CALL TO ORDER

2. APPROVAL OF THE MINUTES - April 18, 2007

3. APPROVAL OF THE ORDER OF BUSINESS AND APPROVAL OF ADDITIONS AND DELETIONS

4. BUSINESS ARISING FROM THE MINUTES

4.1 Status Sheet
4.1.1 Stipend Policy
4.1.2 Accounts Payable Policy
4.1.3 Parking Lot - Dartmouth
4.1.4 District Capital Fund
4.1.5 Consolidated Financial Statements
4.1.6 Audited Financial Statements - Miscellaneous Trust Fund
4.1.7 Tendering Process - D & U
4.1.8 Standing Orders
4.1.9 Terms of Reference - Audit Committee
4.1.10 Education Policy

4.1.11  Employee Expense Reimbursement - Meals

5. CONSIDERATION OF DEFERRED BUSINESS

5.1 Internet Policy - Ms. Geri Kaiser

5.2 March 31, 2007 Management Letter - KPMG

6. REPORTS

6.1 Employee Reimbursement Policy - Meals

7. ADDED ITEMS

8. DATE OF NEXT MEETING - Wednesday, May 16, 2007

9. ADJOURNMENT

IN CAMERA

1. CALL TO ORDER

2. APPROVAL OF THE MINUTES - April 18, 2007

3. CONSIDERATION OF DEFERRED BUSINESS

3.1 Legal Matter - Risk Assessment

4. STATUS SHEET

4.1 Governance Structure - Audit Function
4.2 Horticulture Hall

5.  PERSONNEL MATTER

6.  ADJOURNMENT