Title
10:30 a.m. Appointment - Metrix Group LLP
Village of Wabamun 2020 Audited Financial Statements
(Philip Dirks, Partner and Stephen Webber, Manager)
Proposed Motion
That the Village of Wabamun 2020 Financial Statements be approved, as presented.
Body
Administration Recommendation
Administration supports the proposed motion.
Purpose
Pursuant to Section 276(1) of the Municipal Government Act, on an annual basis the municipality must prepare annual Financial Statements of the municipality for the preceding year. The auditor for the municipality must report these statements to Council. This report documents the Village of Wabamun's (the "Village") 2020 financial information and is an important element of the County's commitment to transparency and communication.
Summary
On December 9, 2020, the Province of Alberta approved Order in Council 386-202 dissolving the Village into Parkland County effective January 1, 2021.
Administration is pleased to present the Village's 2020 Audited Financial Statements (Attachment 2) to Council. Metrix Group LLP, the Village's independent auditor, has audited the Village's financial statements and has provided an unqualified opinion on the Financial Statements. The Audit Findings Report has also been attached for Council's information.
Strategic Plan/Policy/Legal/Staff Implications
Core Value - Responsibility : We focus on operating in a safe, efficient, reliable, and cost effective manner, acting today with the interests of tomorrow in mind.
Section 276(1) of the Municipal Government Act.
Financial Impact:
Cost: N/A
Source of Funding: N/A