Title
2024 Audited Financial Statements
Noel Chin, Audit Partner, Metrix Group LLP
Richard Zhao, Senior Manager, Metrix Group LLP
Proposed Motions
1. That the 2024 Audited Consolidated Financial Statements presented by Metrix Group LLP be received for information, as presented.
2. That the 2024 Audited Consolidated Financial Statements be approved, as presented.
Body
Administration Recommendation
Administration supports the presentation by Parkland County's appointed Auditors and to approve the 2024 Audited Consolidated Financial Statements.
Purpose
Section 276 (3) of the Municipal Government Act states: "Each municipality must make its financial statements, or a summary of them, and the auditor's report of the financial statements available to the public in the manner the council considerers appropriate by May 1 of the year following the year for which the financial statements have been prepared."
Parkland County's appointed Auditor has completed the 2024 financial audit. The audit findings and 2024 Audited Consolidated Financial Statements are being presented to Council for information and approval.
Summary
Parkland County's appointed Auditor presents the 2024 Audited Consolidated Financial Statements as required in accordance with the Municipal Government Act. Administration is pleased to present to Council the 2024 Audited Consolidated Financial Statements. Metrix Group LLP, the County's independent auditor has audited the consolidated financial statements and has provided an opinion on the Financial Statements.
Historical Information:
April 23, 2024, Council approved the 2023 Audited Consolidated Financial Statements.
Strategic Plan/Policy/Legal/Staff Implications:
Section 276 Municipal Government Act
Responsible Leadership: maintain the public's trust through transparent and fair decision-making, superior service delivery, and effective engagement.
Financial Impact:
Cost: n/a
Source of Funding: n/a