regional municipality of waterloo audit committee agenda · media release: friday, april 22, 2016,...

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Media Release: Friday, April 22, 2016, 4:30 p.m.

Regional Municipality of Waterloo

Audit Committee

Agenda

Tuesday, April 26, 2016

3:30 p.m.

Room 218

150 Frederick Street, Kitchener

1. Declarations of Pecuniary Interest under the “Municipal Conflict Of Interest Act”

2. Reports

2.1 COR-TRY-16-47, Financial Statements for Region of Waterloo Community Housing Inc. for the Fiscal Year Ended December 31, 2015 (Information)

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2.2 COR-FSD-16-11, Financial Statements for the Fiscal Year Ending December 31, 2015

Recommendation:

That the Regional Municipality of Waterloo approve the Consolidated Financial Statements, the Sinking Fund Financial Statements, and the Trust Fund Financial Statements, all for the fiscal year ending December 31, 2015 as set out in Report COR-FSD-16-11 dated April 26, 2016.

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3. Presentation

3.1 Elaine Read and Jennifer Gruber, Deloitte LLP – Regional Municipality of Waterloo 2015 Audit Results

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4. Motion to go into Closed Session

Audit Agenda - 2 - 16/04/26

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That a closed meeting of the Audit Committee be held on Tuesday, April 26, 2016 at 3:30 p.m. in Room 218 in accordance with Section 239 of the “Municipal Act, 2001”, for the purposes of considering the following subject matters:

a) the security of the property of the municipality b) personal matters about an identifiable individual, including municipal

employees

5. Motion to Reconvene into Open Session

6. Reports

6.1 COR-TRY-16-48, Licensing Cash Handling (Information) 88

6.2 COR-FSD-16-12, Request for Proposal for External Audit Services (2016-2020 fiscal years)

Recommendation:

That the Regional Municipality of Waterloo approve the timeline and evaluation team membership for the Request for Proposal for External Audit Services (2016-2020 fiscal years) as set out in Report COR-FSD-16-12 dated April 26, 2016.

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7. Information/Correspondence

7.1 Memo: Follow-Up Information Re: November 14, 2015 Audit Committee

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7.2 Council Enquiries and Requests for Information Tracking List 102

8. Other Business

9. Adjourn

Report: COR-TRY-16-47

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Region of Waterloo

Corporate Services

Treasury Services

To: Chair Sean Strickland and Members of the Audit Committee

Date: April 26, 2016 File Code: F10-20

Subject: Financial Statements for Region of Waterloo Community Housing Inc. for the Fiscal Year Ended December 31, 2015

Recommendation:

For Information

Summary:

This report presents the 2015 audited financial statements for Region of Waterloo Community Housing Inc. (ROWCHI) to its sole shareholder, the Regional Municipality of Waterloo, as approved by the ROWCHI Board on April 11, 2016.

Report:

As approved by Regional Council on August 20, 2014, two non profit housing providers, LaCapanna (Non-Profit) Inc. and LaCapanna II (Non-Profit) Inc., were amalgamated with the Region of Waterloo Community Housing Inc. (ROWCHI) on January 1, 2015. The amalgamated entity is wholly owned by The Regional Municipality of Waterloo (Region). This is the first year since 2011 that financial statements are required for ROWCHI. A summary of the two properties is as follows:

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Municipal address 199 Elmridge Drive Kitchener

86 Elgin Street South Cambridge

Number and type of units 40 Townhouses 10 Apartments 42 Apartments

Year of construction 1984 2004 Mortgage principal outstanding as at December 31, 2015 $875,745 $3,465,497 Expiration of Affordable Housing Agreements 2020 2025

ROWCHI is overseen by a Board of Directors approved by the Region. The current Board is comprised of:

Douglas Bartholomew-Saunders – Chief Executive Officer and President

Craig Dyer – Treasurer

Rob Horne - Director

During 2015, property management services were provided by Ontario Property Management Group. Regional Staff from Corporate Services (Finance and Facilities Management) and Community Services (Housing Services) provided assistance to the Board and the property manager during 2015.

The Board appointed the Region’s auditor, Deloitte LLP, as its auditor for 2015.

2015 Financial Statements

Under the Region’s housing programs, all housing providers are required to provide annual audited financial statements. The statements for ROWCHI have been prepared for the year ended December 31, 2015 based on housing program guidelines and are attached as Appendix One.

It is important to note that ROWCHI’s financial statement accounting policies are significantly different from those required under Canadian Public Sector Accounting Standards. As detailed in note 2 to the financial statements, these policies meet the required program reporting under the Housing Services Act. As a result, these statements are for the specific use of ROWCHI and the Region as the Service Manager and should not be used by other parties.

When the LaCapanna properties were amalgamated with ROWCHI, the combined accumulated deficit from the two properties totalled $410,392 which was transferred to ROWCHI upon amalgamation. This combined with the 2015 financial operating deficit results in an accumulated deficit of $565,960 of December 31, 2015. Prior to the amalgamation, the LaCapanna properties used their capital reserve to fund the operating

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deficits of the Elgin Street property. In 2015, the Region provided additional funding in the form of a transfer to ROWCHI totalling $251,122 to pay the mortgage costs, property taxes and insurance of the corporation.

Financial statements are normally prepared assuming that the organization will continue to operate and has sufficient assets to offset its liabilities. This is known as the “going concern principle.” In the case of ROWCHI, due to the size of the accumulated deficit, note 12 to the financial statements advises that while the assumption of a going concern for ROWCHI may not be valid if certain conditions and events occur, this uncertainty is mitigated due to the following actions:

The mortgages on both properties have been re-financed resulting in a savings of $112,211 or 25% to ROWCHI;

The Board has adopted a balanced budget for 2016; and

ROWCHI is owned by the Region.

2016 Actions

During 2016, ROWCHI has taken further actions with regards to the operation of the two properties. On January 1st, all financial functions, with the exception of the tenant rent collections were transferred to the Region’s Treasury Services Division. On February 29th, the balance of the property management services was assumed by Waterloo Regional Housing (tenant management) and Facilities Management (property management services).

At its meeting of August 19, 2015, Regional Council approved a $180,000 interest free loan to ROWCHI for capital works at both sites. This loan will be funded from the Housing Reserve Fund. These funds will be spent during 2016 to deal with health and safety issues at both sites.

Region of Waterloo Financial Statements

As ROWCHI is wholly owned by the Region, in accordance with Public Sector Accounting Standards, its financial statements have been consolidated with the Region of Waterloo’s.

Corporate Strategic Plan:

The operation of ROWCHI supports strategic objective 4.3 of the 2015-2018 Corporate Strategic Plan, to increase the supply and range of affordable and supportive housing options under Focus Area 4, Responsive and Engaging Government Services.

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Financial Implications:

The cost of the 2015 audit ($9,500) has been included in ROWCHI’s 2015 financial statements. The ROWCHI statements have been included in the Region’s 2015 consolidated financial statements.

Other Department Consultations/Concurrence:

The 2015 financial statements for ROWCHI were prepared by Regional Finance staff. Since February 29, 2016 all property management functions have been assumed by Regional staff in Finance, Housing Services and Facilities Management.

Attachments:

Appendix A - 2015 Financial Statements for Region of Waterloo Community Housing Inc.

Prepared By: Lee Parent, Manager of Financial Services

Approved By: Craig Dyer, Commissioner, Corporate Services/Chief Financial Officer

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Appendix A

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Table of Contents PAGE

Independent Auditor's Report 1 - 2

Statement of Operations 3

Statement of Financial Position 4

Statement of Cash Flows 5

Notes to Financial Statements 6 - 10

Schedule of Operations 11

Schedule of Expenditures 12

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Report: COR-FSD-16-11

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Region of Waterloo

Corporate Services

Financial Services and Development Financing



Subject: Financial Statements for the Fiscal Year Ending December 31, 2015

Recommendation:

That the Regional Municipality of Waterloo approve the Consolidated Financial Statements, the Sinking Fund Financial Statements, and the Trust Fund Financial Statements, all for the fiscal year ending December 31, 2015 as set out in Report COR-FSD-16-11 dated April 26, 2016.

Summary: Nil

Report:

Section 294.1 of the “Municipal Act, 2001” (the Act) provides that a municipality shall, for each fiscal year, prepare annual financial statements in accordance with generally accepted accounting principles for local governments as recommended by the Public Sector Accounting Board (PSAB).

The Region’s 2015 Consolidated Financial Statements, Sinking Fund Financial Statements and Trust Fund Financial Statements are attached for review and approval by the Audit Committee. Final signed versions of the statements will be produced following Regional Council approval on May 11, 2016.

Representatives from the Region’s auditing firm Deloitte LLP will be at the meeting to present their audit findings and answer questions relating to the statements. These statements mark the final year of the Region’s five year contract with Deloitte. In addition to the statements presented herein, Deloitte completes a number of special

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purpose audits, which relate to funding and service agreements with the provincial and federal governments.

1) Consolidated Financial Statements

The consolidated financial statements show the results of all regional operations and activities, including those of the Waterloo Regional Police Service and Library Boards. Similar to last year and the year before, a number of improvements to the statements and note disclosure have been implemented to provide for a clearer understanding of various components of the Region’s financial statements. Noteworthy items in this year’s consolidated financial statements include:

Region of Waterloo Community Housing Inc. (ROWCHI): As the Region is the sole shareholder of ROWCHI, its financial results are included in the consolidated financial statements. The statements include additional note disclosure relating to the acquisition of the two “La Capanna” properties on January 1, 2015. For the last few years ROWCHI was a “shell corporation” and accordingly financial statements were not prepared.

Future Liabilities: The Consolidated Statement of Financial Position includes a number of future liabilities, each of which is discussed briefly below.

o The liability for landfill closure and post closure costs is $62 million for the 6 sites. The 5 closed sites incur post closure costs each year. The active Waterloo landfill site is 61% full and will be closed in the next 15 to 20 years. Closure and post-closure costs have been estimated over a 25 year period. All future operating costs, including debt servicing costs relating to any capital work, are funded by property taxes raised through the annual budget process.

o Employee future benefits liabilities for both the Region and the Waterloo Regional Police Service (WRPS) are the subject of an annual actuarial evaluation. The post retirement benefits liability is $100 million (WRPS: $83 million and Region: $17 million) as shown in note 12 of the financial statements. Annual costs relating to these liabilities are funded through current year property taxes and user rates.

o The Sick Leave liability has been determined through an actuarial evaluation to be $49 million, with WRPS share being $28 million and the Regional share being $21 million. The Region has a $2 million reserve fund relating to its share. Both the Region and the WRPS have negotiated changes to collective agreements to control this cost by no longer making

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sick leave payments to new employees. In addition, the number of sick days allowed for new employees has been reduced in some collective agreements.

o The Region is self-insured for Workplace Safety and Insurance Board (WSIB) purposes. The WSIB liability is also determined through an actuarial evaluation, and has been valued at $11.9 million at the end of 2015. The Region and WRPS makes annual contributions from the operating budget to the WSIB reserve to fund this obligation.

o The liability for Contaminated Sites is now required by PSAB, as discussed at the Audit Committee meeting of November 25, 2015. The liability applies to properties which are not in active use, and has been valued at $643,000. Any future costs related to such properties will be identified in future Regional budgets.

Surplus Reconciliation: The Region’s 2016 property tax surplus was $7,177,000 (excluding WRPS and library) and was reported to Administration and Finance Committee on March 22, 2016 (Report COR-TRY-16-20). The Region’s consolidated surplus for 2015, as presented in these financial statements is $227,385,000. Note 22 of the financial statements is a reconciliation of the 2015 operating surplus and the 2015 consolidated financial statement surplus. As outlined in the note, there are significant accounting adjustments required in order to comply with generally accepted accounting principles. These adjustments have a dramatic impact on the presentation of municipal surplus and include:

o The PSAB requirement to recognize grant revenue immediately. The grant revenue from the federal and provincial governments relating to the Region’s Rapid Transit project for 2015 was $156.7 million, which flows directly to surplus since all the Rapid Transit project’s expenses are capital in nature. After the project is completed, the total capital cost will be amortized over the next 30 years resulting in a decrease of surplus of approximately $30 million each year on the financial statements.

o The PSAB requirement that audited financial statements be prepared on a consolidated basis (including water and wastewater and ROWCHI, for example)

o The impact of different accounting practices utilized for financial reporting purposes and budgeting/tax levy purposes. For example, for financial statement purposes all transfers to Reserves and Reserve Funds are

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eliminated while amortization expense of tangible capital assets is included.

In the end, the two surplus presentations serve two different purposes, with the property tax surplus providing Council with a year-end position relative to the property tax levy and the consolidated financial statement surplus meeting reporting requirements of the Province of Ontario and PSAB.

Accumulated Surplus: The Region’s 2015 consolidated financial statements include an accumulated surplus of $2.0 billion. This surplus, presented in accordance with PSAB requirements, is comprised of tangible capital assets (net of amortization) which will be utilized by the Region to deliver services to the public in the future, accumulated operational surplus and reserves and reserve funds, net of amounts to be recovered in the future.

In 2014 Deloitte suggested improvements relating to timing issues and trailing costs when setting up tangible capital assets. In response, over the course of 2015 staff has updated and enhanced policies, provided training to staff and made numerous system adjustments. Deloitte has not advised of any concerns or issues relating to the accounting of tangible capital assets, or any other matters, in the 2015 audit.

2) Sinking Fund Financial Statements

The Regional Sinking Fund is established to retire sinking fund debentures issued by the Region for its own purposes, for area municipality purposes, and for school board purposes for debt issued prior to 2007. The defining characteristic of a sinking fund debenture is that the entire principal amount is repayable at the end of the term (usually 20 or 30 years). Contributions are made to the sinking fund over the life of the debenture. These contributions, along with related investment income, are used to pay the principal at maturity.

The Sinking Fund balance dropped significantly in 2012 and 2013 as 20 year sinking fund debentures issued in 1992 and 1993 matured. The Sinking Fund balance will now increase annually due to the following Regional sinking fund debenture issues:

1. $8.9 m/20 year debenture issued in 2000, for which contributions will commence in 2016 and continue through 2020;

2. $9.4 m/20 year debenture issued in 2001 for which contributions will continue through 2021;

3. $29 m/20 year debenture issued in 2012 for which contributions will commence in 2023;

4. $50 m/30 year debenture and $95 m/20 year debenture issued in May 2013, for which contributions commenced in 2014;

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5. $50 m/30 year debenture issued in April 2014, for which contributions commenced in 2015.

The financial statements reflect the activity and position of the Sinking Fund for the period ending December 31, 2015.

3) Trust Fund Financial Statements

The Region is required, under the provisions of the “Long-Term Care Homes Act, 2007” to maintain and manage trust funds on behalf of the residents of Sunnyside Home. The financial statements reflect the activity and position of the Trust Fund for the period ending December 31, 2015. No significant changes are noted.

ROWCHI Financial Statements

As previously indicated, ROWCHI financial statements have been prepared and consolidated with the Region’s financial statements following the acquisition of the “La Capanna” properties in 2015. The ROWCHI statements are the topic of a separate information report on this agenda (COR-TRY-16-47). The 2015 ROWCHI audited financial statements were presented to and approved by the ROWCHI board on April 11, 2016.

Notice

The Municipal Act requires that the Treasurer of a municipality publish in a newspaper of general circulation either a copy of the audited financial statements or a notice that the audited financial statements are available to the public at no cost. Staff will publish such notice; post the audited financial statements on the Region’s website, and make available a printed copy upon request to comply with the provisions of the Act.


This report supports Focus Area 5, Responsive and Engaging Government Services of the 2015-2018 Corporate Strategic Plan and specifically objective 5.4 to ensure Regional programs and services are efficient, effective and provide value for money.


The annual cost to perform the external audit is included in the Corporate Services operating budget and in various program budgets. The total cost to perform all audit work relating to the 2015 fiscal year is $162,000.

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All Regional departments and services participate in the Region’s year end process.

Attachments:

Appendix 1 – Draft Consolidated Financial Statements for the period ending Dec. 31/15

Appendix 2 – Draft Sinking Fund Financial Statements for the period ending Dec. 31/15

Appendix 3 – Draft Trust Fund Financial Statements for the period ending Dec. 31/15

Prepared By: Peter Holling, Manager, Financial Services


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Appendix 1

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The accompanying notes are an integral part of these consolidated financial statements.

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Appendix 2

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Regional Municipality of Waterloo 2015 Audit Results

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Deloitte LLP 4210 King Street East Kitchener ON N2P 2G5 Canada Tel: 519-650-7600 Fax: 519-650-7601 www.deloitte.ca

April 26, 2016

Private and confidential

To the Chairman and members of the Audit Committee of The Regional Municipality of Waterloo

Dear Audit Committee Members:

Report on audited annual financial statements

We are pleased to submit this report on the status of our audit of the consolidated financial statements of the Regional Municipality of Waterloo (“Region of Waterloo”) for the 2015 fiscal year. This report summarizes the scope of our audit, our findings and reviews certain other matters that we believe to be of interest to you.

As agreed in our engagement letter, we have performed an audit of the consolidated financial statements of the Region of Waterloo, in accordance with Canadian generally accepted auditing standards (“Canadian GAAS”).

We expect to issue our Independent Auditor’s Report on the financial statements of the Region of Waterloo upon approval of the financial statements by Council on May 11, 2016.

This report is intended solely for the information and use of the Audit Committee, management and others within the Region of Waterloo, and is not intended to, and should not, be used by anyone other than these specified parties. Accordingly, we disclaim any responsibility to any other party who may rely on it.

We would like to express our appreciation for the cooperation we received from management and the employees of the Region of Waterloo with whom we worked to discharge our responsibilities. We look forward to discussing this report summarizing the outcome of our audit with you and answering any questions you may have.

Yours very truly,

Chartered Professional Accountants Licensed Public Accountants

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© Deloitte LLP and affiliated entities. Regional Municipality of Waterloo – Report to the Audit Committee on the 2015 audit i

Contents

Our audit explained ...................................................................................................................................................................... 1 Audit risks ..................................................................................................................................................................................... 4 Significant accounting practices, judgments and estimates ........................................................................................................ 9 Other reportable matters ............................................................................................................................................................ 10 Appendix 1 – Communication requirements .............................................................................................................................. 11 Appendix 2 – Regional Municipality of Waterloo management letter ........................................................................................ 13

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© Deloitte LLP and affiliated entities. The Regional Municipality of Waterloo. – Report to the Audit Committee on the 2015 audit 1

Our audit explained

This report summarizes the main findings arising from our audit.

Audit scope and terms of engagement We have been asked to perform an audit of the financial statements of the Region of Waterloo of in accordance with Canadian Public Sector Accounting Standards as at and for the year ended December 31, 2015. Our audit was conducted in accordance with Canadian Generally Accepted Auditing Standards (“Canadian GAAS”).

The terms and conditions of our engagement are described in the engagement letter which was signed by Management on behalf of the Audit Committee.

Audit risks Through our risk assessment process, we have identified the significant audit risks. These risks of material misstatement and related audit responses are discussed in the Audit Risks section of this report.

Materiality We are responsible for providing reasonable assurance that your financial statements as a whole are free from material misstatement.

Materiality levels were determined on the basis of total expenditures. Materiality for the 2015 audit was $18,800,000 (2014-$18,100,000).

We have informed the Audit Committee of all uncorrected misstatements greater than a threshold of 5% of materiality or $940,000 (2014- $800,000) and any misstatements that are, in our judgment, qualitatively material. In accordance with Canadian GAAS, we asked that any misstatements be corrected.

Scope and terms of engagement Materiality Significant audit risks

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Status and outstanding matters We expect to be in a position to render our audit opinion on the financial statements of the Region of Waterloo following their approval, and the completion of the following outstanding procedures:

Receipt of signed management representations letter;

Minor documentation matters;

Update of our subsequent events procedures; and

Completion of our Engagement Quality Control review.

Uncorrected misstatements In accordance with Canadian GAAS, we request that all misstatements be corrected. Deloitte did not identify any misstatements in the current year.

Going concern When considering the issue of going concern and the related disclosure, management has considered the Region’s financial position as it relates to future revenues and expenses. Management has concluded that there is no going concern issue and we agree with this assessment.

Internal controls During the course of our audit, we examined the accounting procedures and design of internal controls employed by the Region of Waterloo. We did not identify any significant deficiencies in internal control that existed as of December 31, 2015 related to the Region’s processes. For recommendations on internal control matters – see Appendix 2.

Uncorrected disclosure misstatements In accordance with Canadian GAAS, we request that all disclosure misstatements be corrected. There are no disclosure misstatements aggregated by us during the current engagement or pertaining to the latest period presented to report.

Status and outstanding matters Going concern Uncorrected misstatements Uncorrected disclosure misstatements

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Fraud risk A summary of the results of our audit procedures designed to address the risk of material misstatement in the financial statements relating to fraud is provided in the Audit risks section of this report.

Based on the audit evidence obtained, our assessment of the risks of material misstatement due to fraud remain appropriate.

Independence We have developed appropriate safeguards and procedures to eliminate threats to our independence or to reduce them to an acceptable level. We confirm that we have complied with relevant ethical requirements regarding independence.

Significant accounting practices, judgments and estimates Accounting estimates are an integral part of the financial statements prepared by management and are based on management’s current judgments. These judgments are normally based on knowledge and experience about past and current events, assumptions about future events and interpretations of the financial reporting standards.

During the year ended December 31, 2015, management advised us that there were no significant changes in accounting estimates or in judgments relating to the application of the accounting policies as disclosed in Note 2 to the Region of Waterloo’s financial statements.

Considerations regarding accounting practices:

With the implementation of PS3260-Liability for Contaminated Sites, there is a new management estimate reflected in the financial statements for the year ended December 31, 2015. We have assessed management’s process for determining this estimate and determined it to be reasonable. Further information regarding procedures performed to assess the reasonability of this liability are reflected later in this report.

Conclusion In accordance with Canadian GAAS, our audit was designed to enable us to express an opinion on the fairness of the presentation of the Region of Waterloo’s annual financial statements prepared in accordance with the Public Sector Accounting Standards.

No restrictions have been placed on the scope of our audit. In performing the audit, we were given full and complete access to the accounting records, supporting documentation and other information requested.

We intend to issue an unmodified audit report on the financial statements of the Region of Waterloo for the year ended December 31, 2015 once the outstanding items referred to above are completed satisfactorily and the financial statements are approved.

Fraud risk Significant accounting practices, judgments and estimates Independence Conclusion

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Audit risks

The Regional Municipality of Waterloo

Revenue Recognition*

Audit risk Our audit response

Assurance standards include the presumption of a fraud risk involving improper revenue recognition. (Revenue/deferred revenue). There is a risk that revenue from obligatory reserve funds are not recorded in accordance with the Region’s accounting policies. There is a risk that management’s estimate of the allowance for doubtful accounts is understated for revenue from taxation revenue and user fees.

Significant revenue streams are a presumed area of audit risk. We performed testing on the design and implementation of controls in these revenue streams and performed detailed testing in these areas;

We performed substantive testing to determine if restricted contributions (i.e., development charges obligatory reserves), and government transfers were recognized as revenue in the appropriate period by verifying the terms and conditions of the agreements (Revenue vs. deferred revenue);

Confirmed Regional levy with local cites and townships; and Evaluated management’s estimate of the allowance for doubtful accounts to

ensure it is reasonable and consistent with the Region’s accounting policy. This included a review of assumptions and supporting documents used to determine the estimate, a retrospective review and a test of subsequent receipts.

Conclusion

Revenue recognition is appropriate and not materially misstated.

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Management override of controls*

Risk identified Our audit response

Assurance standards include the presumption of a significant risk of management override of controls. Management is in a unique position to perpetrate fraud because of management’s ability to directly or indirectly manipulate accounting records and prepare fraudulent financial statements by overriding controls that otherwise appear to be operating effectively.

Engaged in periodic fraud discussions with certain members of senior management and others;

Considered the potential bias in judgements and estimates, including performing retrospective analysis of significant accounting estimates;

Tested the supporting assumptions for accruals; Evaluated the business rationale for any significant unusual transactions; Evaluated the Region’s fraud risk assessment and considered entity-level

internal controls and internal controls over the closing and reporting process; and

Tested journal entries that exhibited characteristics of possible management override of controls, identified using manual techniques.

Conclusion

Results satisfactory.

Implementation of PS 3260 – Liability for Contaminated Sites


PS 3260-Liability for contaminated sites is effective for the year ended December 31, 2015. There is a risk that the new standard has not been appropriately implemented and disclosed due to the complexities of the new standard.

Obtained inventory of all sites and management’s analysis and assessment of applicable sites.

Tested for completeness. Tested sites to criteria contained in PS 3260. Tested the valuation of liability for relevant sites. Tested accounting method applied for adopting new standard (i.e.

Prospective or retrospective application. Reviewed the related financial statement disclosures for accuracy and

completeness.

Conclusion

The PS 3260 standard has been appropriately implemented. The liability for contaminated sites is not materially misstated. All disclosures are presented in accordance with PS 3260.

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Rapid Transit


There is a risk that revenue related to Rapid transit has not been recognized as revenue in the appropriate period based on the terms and conditions of the agreement. There is a risk that commitments related to the Rapid Transit Plan have not been properly disclosed in the financial statements. There is a risk that the Region has not complied with the terms of the funding agreements by ensuring the audits, both financial and compliance, have been completed.

Reviewed Rapid Transit funding agreements and submissions to verify the terms and conditions and assess whether the revenue was recognized in the correct period.

Verified that commitments related to the Rapid transit Plan are identified and disclosed through review of meeting minutes and confirmation with the legal department.

Confirmed that the Region is up to date and meeting the compliance requirements pursuant to the funding agreements.

Conclusion

Revenue related to Rapid Transit has been recognized in the correct period and commitments have been disclosed in accordance with PSAS. Audits are scheduled to take place for both the compliance and financial audits.

Consolidation and reporting


There is a risk that new entities related to the Region have not been accurately consolidated.

Considered new entities related to the Region and whether they met the criteria for control that would require consolidation.

Evaluated the consolidation to ensure the accuracy of consolidation accounting.

Evaluated whether disclosure requirements were met.

Conclusion

ROWCHI has met the criteria for consolidation and has been appropriately consolidated in the financial statements.

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Management estimates and actuarially determined liabilities


Estimates require management judgments (i.e. payroll accruals, landfill closure and post closure liability, contingent liabilities, estimated accrued liabilities, employee future benefits, useful lives of tangible capital assets etc.) There is a risk of bias in the exercise of management judgement. There is a risk that actuarial liabilities may be misstated due to improper inputs used in the valuation. In addition, the financial statement disclosure may not contain all required items.

Reviewed valuation report prepared by the actuary, including related assumptions.

Reviewed the related financial statement note disclosure for accuracy and completeness.

Obtained documentation on management’s controls over the development of accounting estimates for any significant management estimates and assess risk.

Focused review of calculations and support. Discussions with management. Completed an analytic review of related accounts. Assessed outcome of retrospective review of estimates from prior years. Test the operating effectiveness of payroll controls and perform analytical

testing on payroll expenditures and investigate any significant variances. Test the supporting assumptions for payroll accruals.

Conclusion

Management estimates and actuarially determined liabilities are reasonable as at December 31, 2015 and are appropriately disclosed in the consolidated financial statements.

*These areas have been identified as areas of significant risk.

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Contingencies and commitments


There is a risk that contingent liabilities are not properly accrued for and commitments and contingencies are not disclosed in the financial statements in 2015.

We reviewed outstanding legal claims with the Region’s internal legal department.

Reviewed Council and Audit Committee minutes for evidence of contingent liabilities and commitments.

Confirmed that contingencies and commitments were disclosed in the financial statements in accordance with PSAS.

Reviewed the ROWCHI transaction to ensure that any contingencies and commitments have been properly identified and disclosed in both the consolidated financial statements of the Region and the standalone statements of ROWCHI.

Conclusion

Disclosures of contingencies are complete and accurate.

Tangible capital assets


There is a risk that tangible capital assets recorded are not capital in nature and assets disposed of by the Region of Waterloo have not been recorded.

We performed testing on a sample of tangible capital asset additions to verify that the asset additions were capital in nature. If the tangible capital asset addition replaced an old tangible capital asset, ensured that the old tangible capital asset has been properly recorded as a disposal.

Tested a sample of construction in progress additions for large capital projects including the LRT and verified costs are valid, accurate and coded to the correct project.

Tested the disposal schedule prepared by management for reasonability and tested selected transactions.

Conclusion

Tangible capital assets are reasonable and not materially misstated.

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Significant accounting practices, judgments and estimates

The accounting policies of the Region of Waterloo set out in Note 2 of the consolidated financial statements.

In the course of our audit of the financial statements, we considered the qualitative aspects of the financial reporting process, including items that have a significant impact on the relevance, reliability, comparability and understandability of the information included in the financial statements.

Significant accounting policies In our judgment, the significant accounting practices and policies, selected and applied by management are, in all material respects, acceptable under Public Sector Accounting Standards and are appropriate to the particular circumstances of the Region of Waterloo.

Management judgment and accounting estimates Accounting estimates are an integral part of the financial statements prepared by management and are based on management’s current judgments. These judgments are normally based on knowledge and experience about past and current events, assumptions about future events and interpretations of the financial reporting standards.

During the year ended December 31, 2015, management advised us that there were no significant changes in accounting estimates or in judgments relating to the application of the accounting policies.

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Other reportable matters

The following summarizes the status and findings of key aspects of our audit. In the appendices to this report, we have provided additional information related to certain matters we which are required for reporting in accordance with Canadian Generally Accepted Auditing Standards.

Comment

Significant difficulties encountered in performing the audit We did not encounter any significant difficulties while performing the audit. There were no significant delays in receiving information required for the audit nor was there an unnecessarily brief timetable in which to complete the audit.

Related party transactions Related party transactions or balances have been properly disclosed in the financial statements. We have not identified any related party transactions that were not in the normal course of operations and that involved significant judgments by management concerning measurement or disclosure.

Disagreements with management In the course of our audit, we did not encounter any disagreements with management about matters that individually or in the aggregate could be significant to the financial statements.

Consultation with other accountants Management has informed us that the Region of Waterloo has not consulted with other accountants about auditing or accounting matters.

Legal and regulatory compliance Our limited procedures did not identify any areas of material non-compliance with laws and regulations by the Region of Waterloo.

Subsequent events At the date of finalizing this report, we are not aware of any significant subsequent events other than the event included in Note 22 to the consolidated financial statements for the renewal of an existing mortgage. This subsequent event has been appropriately disclosed.

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© Deloitte LLP and affiliated entities. Regional Municipality of Waterloo – Report to the Audit Committee on the 2015 audit 11

Appendix 1 – Communication requirements

The table below summarizes our communication requirements under Canadian GAAS and other communications that we believe would help us achieve an effective audit. We confirm that all required communications have been reported in our audit service plan and year end communication.

Required communication Reference

Audit service plan

1. Our responsibilities under Canadian GAAS, including forming and expressing an opinion on the financial statements CAS1 260.14

2. An overview of the overall audit strategy, addressing: a) Timing of the audit b) Significant risks, including fraud risks, and c) Nature and extent of specialized skill or knowledge needed to perform the planned audit procedures related to significant

risk.

CAS 260.15

3. Significant transactions outside of the normal course of business, including related party transactions CAS 260 App. 2, CAS 550.27

Year end communication

4. Fraud or possible fraud identified through the audit process CAS 240.40-.42

5. Significant accounting policies, practices, unusual transactions, and our related conclusions CAS 260.16 a.

6. Alternative treatments for accounting policies and practices that have been discussed with management during the current audit period

CAS 260.16 a.

7. Matters related to going concern CAS 570.23

8. Management judgments and accounting estimates CAS 260.16 a.

9. Significant difficulties, if any, encountered during the audit CAS 260.16 b.

10. Material written communications between management and us, including management representation letters CAS 260.16 c.

11. Other matters that are significant to the oversight of the financial reporting process CAS 260.16d.

12. Modifications to our opinion CAS 260.A18

1 CAS: Canadian Auditing Standards – CAS are issued by the Auditing and Assurance Standards Board of CPA Canada

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Required communication Reference

Year end communication

13. Our views of significant accounting or auditing matters for which management consulted with other accountants and about which we have concerns

CAS 260.A19

14. Significant matters discussed with management CAS 260.A.19

15. Illegal or possibly illegal acts that come to our attention CAS 250.23

16. Significant deficiencies in internal control, if any, identified by us in the conduct of the audit of the financial statements CAS 265

17. Uncorrected misstatements and disclosure items CAS 450.12-13

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Deloitte LLP 4210 King Street East Kitchener ON N2P 2G5 Canada Tel: 519-650-7600 Fax: 519-650-7601 www.deloitte.ca

Appendix 2 – Regional Municipality of Waterloo management letter

May 11, 2016

Private and confidential

Craig Dyer The Regional Municipality of Waterloo 150 Frederick St Kitchener ON N2G 4J3

Dear Mr Dyer:

We have audited the consolidated financial statements (hereinafter referred to as “annual financial statements”) of The Regional Municipality of Waterloo (“Region of Waterloo”) as at and for the year ended December 31, 2015 and will issue our Independent Auditor’s Report thereon upon approval of Council. In planning and performing our audit of the Region of Waterloo’s annual financial statements, we considered the Region of Waterloo’s internal control over financial reporting in order to determine the nature, extent and timing of our auditing procedures for the purpose of expressing our opinion on the annual financial statements. A financial statement audit does not include examining the effectiveness of internal control and does not provide assurance on internal control.

The maintenance of adequate controls designed to fulfil control objectives is the responsibility of management. Because of inherent limitations in internal control, errors or fraud may nevertheless occur and not be detected. Also, controls found to be functioning at a point in time, may later be found deficient because of the performance of those responsible for applying them, and there can be no assurance that controls currently in existence will prove to be adequate in the future as changes take place in the Region of Waterloo.

Our consideration of internal control over financial reporting in our audit of the annual financial statements would not necessarily disclose all internal control matters that might be weaknesses under Canadian Auditing Standards. A weakness in internal control is a deficiency in the design or effective operation of internal control. A weakness in internal control is significant if the deficiency is such that a material misstatement is not likely to be prevented or detected in the financial statements being audited.

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Regional Municipality of Waterloo May 11, 2016 Page 2

This letter is intended solely for the purposes of management and those charged with governance and is not suitable for any other purposes. We shall have no responsibility or liability for loss or damages or claims, if any, to or by any third party as this letter has not been prepared for, and is not intended for, any other purposes.

Definitions

A control deficiency is a deficiency in the design or effective operation of internal control. A deficiency in design exists when (a) a control necessary to meet the control objective is missing or (b) an existing control is not properly designed so that, even if the control operates as designed, the control objective is not always met. A deficiency in operation exists when a properly designed control does not operate as designed, or when the person performing the control does not possess the necessary authority or qualifications to perform the control effectively.

Canadian Auditing Standards

A material weakness is a deficiency or combination of deficiencies in internal control over financial reporting, such that a material misstatement of the Region of Waterloo’s annual financial statements is not likely to be prevented or detected.

Professional standards

Professional standards require us to communicate material weaknesses identified during the audit to management and those charged with governance.

Material weaknesses

During the audit, we did not identify any control deficiencies that, individually or in the aggregate, we consider to be material weaknesses as defined above.

Yours very truly,

Chartered Professional Accountants Licensed Public Accountants

c: Members of the Audit Committee

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Getting you there

Having served private clients in Canada for more than 150 years, we know that the journey to success requires making smart decisions and taking advantage of the right opportunities to realize your business’ full potential. Deloitte Private, Canada’s largest professional services advisor to private clients, can help. As your trusted advisor we are focused on your future—looking ahead to anticipate your needs and aspirations to continue building a prosperous business. Throughout, Deloitte Private will help you discover and chart the path to get your business where you want it. Our focus is getting you there…and beyond.

www.deloitte.ca Deloitte, one of Canada's leading professional services firms, provides audit, tax, consulting, and financial advisory services. Deloitte LLP, an Ontario limited liability partnership, is the Canadian member firm of Deloitte Touche Tohmatsu Limited.

Deloitte refers to one or more of Deloitte Touche Tohmatsu Limited, a UK private company limited by guarantee, and its network of member firms, each of which is a legally separate and independent entity. Please see www.deloitte.com/about for a detailed description of the legal structure of Deloitte Touche Tohmatsu Limited and its member firms.

© Deloitte LLP and affiliated entities.

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Report: COR-TRY-16-48

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Region of Waterloo

Corporate Services

Treasury Services



Subject: Licensing Cash Handling

Recommendation:

For Information

Summary:

Nil

Report:

At the November 26, 2015 Audit Committee meeting, Audit Committee received a report from Internal Audit on Cash Handling in Licensing and Enforcement Services and requested additional information on implementing a cashless payment system for licensing.

Licensing, Finance and Internal Audit staff met to review cash handling procedures and controls. Licensing is reviewing options for implementing a cash register system which would automatically track all transactions by user and is targeting an implementation in 2016. In the interim, the Region-wide bank deposit procedures were reviewed with Licensing and additional processes were implemented to facilitate the deposit reconciliation process and to increase the frequency of deposits to the bank. Licensing staff reconcile total receipts to Licensing revenue tracked with sequentially pre-numbered documentation on a daily basis and bank deposits are submitted weekly. Licensing has a secure area for cash on hand and has reduced the total cash on hand through changes to the license renewal process.

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The Treasury Services Division of the Corporate Services Department prepares Region-wide cash deposit procedures which are circulated periodically and as needs are identified. Treasury Services staff reconcile department receipts to the bank deposits regularly, and review cash handling practices with various departments to implement segregation of duties, controls over receipt documentation, controls over preparation of bank deposit, and general safeguarding of cash and point of sale machines.

Cash receipts represent only 30% of total receipts within Licensing and Enforcement Services. While cash deposit amounts are decreasing as alternate payments methods are encouraged, cash continues to be an integral payment method because the industries licensed by the Region are businesses that typically deal in cash. Additionally, the acceptance of cash as a payment method in Licensing and Enforcement Services is consistent with the payment methods accepted by other departments across the Region.


This report aligns with the Corporate Strategic objective to ensure all Regional programs and services are efficient, effective and provide value for money under Focus Area 5, Responsive and Engaging Government Services.

Financial Implications: Nil


Finance and Licensing and Enforcement Services Division staff have collaborated in the review of the cash handling practices in Licensing and Enforcement Services.

Attachments: Nil

Prepared By: Tricia Alpaugh, Manager, Treasury Services


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Report: COR-FSD-16-12

2108380 Page 1 of 3

Region of Waterloo

Corporate Services

Financial Services and Development Financing



Subject: Request for Proposal for External Audit Services (2016-2020 fiscal years)

Recommendation:

That the Regional Municipality of Waterloo approve the timeline and evaluation team membership for the Request for Proposal for External Audit Services (2016-2020 fiscal years) as set out in Report COR-FSD-16-12 dated April 26, 2016.

Summary:

Nil

Report:

Section 296 of The “Municipal Act, 2001” provides that a “municipality shall appoint an auditor licensed under the Public Accounting Act 2004 who is responsible for annually auditing the accounts and transactions of the municipality and its local boards and expressing an opinion on the financial statements of these bodies based on the audit.” The Act also provides that an “auditor of a municipality shall not be appointed for a term exceeding 5 years.”

Deloitte LLP was appointed as Regional external auditor in 1996, and was reappointed in 2001, 2006 and 2011. While the audit firm has remained the same over the twenty years, new audit staff is assigned to the Region annually. Deloitte’s appointment as auditor to the Region expires with the completion of the 2015 fiscal year end statements and other program specific audit reports.

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Audit Services Request for Proposal

Given the expiry of the contract with Deloitte, staff intend to issue a Request for Proposal for External Audit Services this spring. The scope of work will include:

Consolidated Financial Statements Sinking Fund Financial Statements Trust Funds Financial Statements ROWCHI Financial Statements Various audit reports required for service and funding agreements with the

Federal and Provincial Governments

The intent will be to secure the services of an audit firm for the 2016-2020 (inclusive) fiscal years.

Proposed Evaluation Team

Staff propose the following membership for the Audit Services Request for Proposal evaluation team:

Commissioner, Corporate Services/Chief Financial Officer – Craig Dyer Manager, Procurement/Chief Purchasing Officer – Lisa Evans Director of Financial Services & Development Financing – Cathy Deschamps Director of Transit Services – Eric Gillespie Manager of Accounting and Supply Services – Peter Holling Manager of Finance – Lee Parent

The team is made up of the Chief Purchasing Officer and five Chartered Professional Accountants (CPA’s) who will evaluate the technical components of the proposal, score the proposals and interview short-listed proponents.

Staff considered whether members of the Audit Committee or Council should participate in the evaluation process of selecting external auditors. Staff contacted both comparator Regional municipalities as well as the member municipalities within Waterloo Region to determine current practices. Of the 12 municipalities contacted, only two had some form of Council member involvement in the evaluation process. For the other 10 municipalities (including 6 of the seven local municipalities within Waterloo Region), Council’s (or Audit Committee’s) role was to consider staff’s recommendation and to appoint the external auditors. It is also noted that the Region’s practice for all proposals is for staff to complete the scoring and evaluation and recommend an award to Regional Council. The only notable exception was the process for evaluating consultants for the Council-driven Regional Service Review.

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Proposed Project Timeline

The 2016 External Audit Services RFP time line is as follows:

May 31 Audit Services RFP issued by Purchasing

June 20 Deadline for questions by proponents

June 30 Last day for auditing firms to submit proposals

July/August Review and evaluate submissions, conduct interviews and make recommendation

September 6 or 7 Staff recommends Audit Services RFP selection to Audit Committee for approval

September 13 Administration & Finance Committee approval for Audit Services

September 21 Council approval for Audit Services

November/ December

2016 Audit planning session with Audit Committee and Interim Audit Work completed


This report supports Focus Area 5, Responsive and Engaging Government Services of the 2015-2018 Corporate Strategic Plan and specifically objective 5.4 to ensure Regional programs and services are efficient, effective and provide value for money.


The annual cost to perform the external audit is included in the Corporate Services operating budget and in various program budgets. The total cost to perform all audit work for the final year of Deloitte’s 5 year contract was $162,000.


Legal Services staff was consulted in the preparation of this report.

Attachments: Nil

Prepared By: Peter Holling, Manager, Financial Services


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From: David Young, Manager, Internal Audit

Jane Albright, Commissioner, Human Resources and Citizen Service

Subject: Follow-Up Information Re: November 14, 2015 Audit Committee

At the November 14, 2015 Audit Committee meeting, Jane Albright, Commissioner, Human Resources and Citizen Service, responded to Committee questions about Regional policies for staff to report wrongdoing that may be occurring within the organization. A copy of the policies was to be provided to the Audit Committee at the April 26, 2016 meeting. There are two Human Resources Policies that address wrongdoing that may be occurring within the organization. These two policies are follows :

1. Human Resource Policy #35 – Discovery and Reporting of Serious Wrongdoing

Human Resources and Citizen Service

Date: April 26, 2016

Memorandum

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All employees of the Region have an obligation to report information regarding serious wrongdoing of an employee, agent or individual associated with the functions of the Region. An employee's first obligation is to report such wrongdoing to the Region's management. The Regional Municipality of Waterloo will take all reasonable steps to investigate complaints of serious wrongdoing.

The complete policy has been included in Appendix 1: Human Resource Policy – Section I, Policy #35 – Discovery and Reporting of Serious Wrongdoing

2. Human Resources Policy #25 – Fraud, Theft, Illegal and Dishonest Acts

The Regional Municipality of Waterloo and its employees will make every reasonable effort to protect the Region’s revenue, property, information, and other assets from any attempt by any person to gain financial benefits for themselves or others through fraud, theft, illegal activities or any dishonest acts. Regional employees will refrain from such activities as stipulated in this policy.

The complete policy has been included in Appendix 2: Human Resources Policy – Section I, Policy #25 – Fraud, Theft, Illegal and Dishonest Acts

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Appendix 1: Human Resource Policy – Section I, Policy #35 – Discovery and Reporting of Serious Wrongdoing

POLICY STATEMENT:

All employees of the Region have an obligation to report information regarding serious wrongdoing of an employee, agent or individual associated with the functions of the Region. An employee's first obligation is to report such wrongdoing to the Region's management. The Regional Municipality of Waterloo will take all reasonable steps to investigate complaints of serious wrongdoing. DEFINITION: “Serious wrongdoing” may include willful acts or omissions that:

1. Contravene any law or regulation; 2. Directly violate a Regional Policy or a Council directive; 3. Pose a substantial and specific danger to the life, health, or safety of any

individual or the environment; 4. Involve the misuse of public funds or assets; and/or

HUMAN RESOURCES POLICIES

Section #

I

Policy #

35

Approval Date:

Revision Date:

Sept 2007

Title: DISCOVERY AND REPORTING OF SERIOUS WRONGDOING

Applies To: All Employees

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5. Constitute gross mismanagement.

RESPONSIBILITY FOR REPORTING: An employee who is aware that serious wrongdoing has occurred will first report it to their supervisor. If the employee feels that their supervisor has a conflict of interest, related to the wrongdoing, they will report the matter directly to the next level of management in their department. If the employee feels that all members of management in their department have a conflict of interest related to the wrongdoing, they will report the matter directly to the Internal Auditor. Upon notification of serious wrongdoing, the supervisor will advise the Director, Employee Relations and the Internal Auditor. If the Director, Employee Relations and the Department Head, in consultation with Internal Auditor, determine that an investigation is appropriate, they will convene an Investigation Planning Team (IPT) to plan and coordinate the investigation process. The IPT will normally consist of:

1. The Director, Employee Relations or designate; 2. The Department Head for the area where the alleged wrongdoing took place; and

3. The Internal Auditor. If any member of the Investigation Planning Team is named in the complaint or appears to have a conflict of interest related to the situation, the Director, Employee Relations will appoint another management staff person to the Investigation Planning Team in their place.

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The Investigation Planning Team will select an external party who will conduct the formal investigation. The purchase and payment of that party’s services will be arranged through the office of the Internal Auditor. If the above steps have been followed and appropriate action has not been taken, then the employee may report the wrongdoing to the CAO. If appropriate action has still not been taken, the employee may report the matter to the Chair of Regional Council. When all internal investigations have been completed, the employee who first reported the matter will be advised of whether or not the allegation of wrongdoing has been substantiated. It is the Region’s expectation that employees will ensure that all internal complaint and investigation mechanisms have been exhausted before reporting or publicising wrongdoing to any party external to the Region, unless there is a legal obligation or right to do so. OPERATING DETAILS: Any reports of serious wrongdoing must be made in good faith and must not be frivolous, vexatious, or knowingly or recklessly false. Any employee who reports serious wrongdoing in good faith under this policy shall not be subject to any reprisal or threat of reprisal in the workplace as a result of this reporting. Nothing in this policy will be applied in a manner that contravenes any applicable legislation.

SEE ALSO:

Code of Ethics and Conflict of Interest (I-8) Public Criticism of Employer (I-31)

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FOR FURTHER INFORMATION PLEASE CONTACT:

Commissioner, Human Resources

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Appendix 2: Human Resources Policy – Section I, Policy #25 – Fraud, Theft, Illegal and Dishonest Acts

POLICY STATEMENT: The Regional Municipality of Waterloo and its employees will make every reasonable effort to protect the Region’s revenue, property, information, and other assets from any attempt by any person to gain financial benefits for themselves or others through fraud, theft, illegal activities or any dishonest acts. Regional employees will refrain from such activities as stipulated in this policy. OPERATING DETAILS: This policy prohibits any conduct which involves irregularities or illegal acts which may be characterized by intentional deception. Such conduct includes, but is not limited to, the following behaviours:

1. Forgery or alteration of documents such as cheques, drafts, promissory notes, securities, time sheets, independent contractor agreements, or purchase orders.

HUMAN RESOURCES POLICIES

Section #

I

Policy #

25

Approval Date:

Revision Date:

Sept 2007

Title: FRAUD, THEFT, ILLEGAL AND DISHONEST ACTS

Applies To: All Employees

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2. Misappropriation or theft of funds, securities, supplies, or other assets.

3. Misappropriation or theft of furniture, fixtures, equipment, or other property, including any property belonging to the public that is found on Regional premises.

4. Unauthorized use of property, equipment, materials, software, or records.

5. Activity involving the alteration, forgery, manipulation, or destruction of electronic

data or equipment; or the illegal recovery of salvaged material.

6. Written or verbal misrepresentation of information.

7. Improprieties in the handling or reporting of financial transactions.

8. Claims for reimbursement of expenses not related to authorized Regional business, including unauthorized P-card use.

9. Authorization or receipt of payment for goods not received, services not

performed.

10. Falsifying attendance records, time sheets, or mileage or expense claims. 11. Seeking or accepting any financial or material benefit as prohibited by the

Region’s Code of Ethics/ Conflict of Interest Policy.

12. Violation of any applicable government legislation related to fraud.

13. Any similar or related impropriety.

Employees will refrain from fraud, theft, illegal activities and any dishonest acts as stipulated in this policy. Employees will notify their immediate supervisor or another member of management in confidence if they have knowledge or reason to suspect that fraud, theft, illegal activities, or any dishonest acts have occurred.

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Upon notification of alleged fraud, theft, illegal activities or any dishonest acts, management staff will advise Labour Relations who will inform and involve other parties as required. Such parties may include other Regional departments, the Internal Auditor, the Police, and/ or other appropriate authorities. Employees found to be in violation of this policy may be subject to discipline, up to and including dismissal.

SEE ALSO:

Code of Ethics/ Conflict of Interest (HR I-8) Disciplinary Action (HR I-28) Discovery and Reporting of Serious Wrongdoing (HR I-35) Police Records Checks (HR V-13) Use of Regional Equipment and Vehicles (HR I-27)

FOR FURTHER INFORMATION PLEASE CONTACT:

Director, Employee Relations Human Resources

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Meeting date Requestor RequestAssigned

Department(s)Anticipated Response

Date

Council Enquiries and Requests for InformationAudit Committee

122904

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regional municipality of waterloo audit committee agenda · media release: friday, april 22, 2016,...

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