The Corporation of the County of Northumberland
Finance and Audit Committee
Agenda

Tuesday, April 02, 2024 at 11:00 A.m. - 12:30 P.m.

Council Chambers

555 Courthouse Road, Cobourg, ON K9A 5J6

Hybrid Meeting (In-Person and Virtual)

Zoom Information

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1.

Notices

1.a

Accessible Format

If you require this information in an alternate format, please contact the Accessibility Coordinator at [e-mail] or 1-800-354-7050 ext. 2327.

1.b

Meeting Format

This Committee meeting will be held using a hybrid meeting model. The public is invited to attend in-person in Council Chambers. Alternatively, the public may view the Committee meeting via live stream, join online, or join by phone using Zoom Conference technology. If you have any questions, please email [e-mail].

• Attend in-person in Council Chambers, located at 555 Courthouse Road, Cobourg
• Watch a livestream by visiting Northumberland.ca/Council
• Join online using Zoom
• Join by phone using Zoom

2.

Call to Order

2.a

Territorial Land Acknowledgement

3.

Approval of the Agenda

• Recommended Motion:

  "That the agenda for the April 2, 2024 Finance and Audit Committee be approved."

4.

Disclosures of Interest

5.

Delegations

6.

Business Arising from Last Meeting

7.

Communications

7.a

Correspondence, Municipality of St. Charles 'Reduce Municipal Insurance Costs'

• Recommended Motion:

  "That the Finance and Audit Committee receive the correspondence from the Municipality of St. Charles regarding 'Reduce Municipal Insurance Costs' for information, noting that County Council previously considered and supported correspondence regarding this subject matter at the May 17, 2023 County Council meeting; and 

  Further That the Committee recommend that County Council receive this correspondence for information."

7.b

Correspondence, Township of Limerick, Township of Puslinch 'Social and Economic Prosperity Review'

• Recommended Motion:

  "That the Finance and Audit Committee receive the correspondence from the Township of Limerick and Township of Puslinch, regarding 'Social and Economic Prosperity Review' for information, noting that County Council previously considered correspondence regarding this subject matter and subsequently received the correspondence for information; and

  Further That the Committee recommend that County Council receive the correspondence for information."

7.c

Correspondence, Municipality of Powassan 'Operational Budget Funding'

• Recommended Motion:

  "That the Finance and Audit Committee receive the correspondence from the Municipality of Powassan regarding 'Operational Budget Funding' for information; and 

  Further That the Committee recommend that County Council receive this correspondence for information."

8.

Staff Reports

8.a

Report 2024-049 '2024 Budget By-law Amendment for Approved 2023 Carryovers'

Matthew Nitsch, Director Finance / Treasurer

• Recommended Motion:

  “That the Finance and Audit Committee, having considered Report 2024-049 ‘2024 Budget By-law Amendment for Approved 2023 Carryovers’, recommend that County Council approve the transfer of funds from reserve for financing 2023 carryover items in 2024 as identified in By-law 36-2023; and

  Further That the Committee recommend that County Council enact a by-law at the April 17, 2024 County Council meeting to amend By-law 41-2023 to authorize the incorporation of approved 2023 carryovers into the 2024 Budget."

8.b

Report 2024-050 '2024 Property Tax Policy'

Matthew Nitsch, Director Finance / Treasurer

• Recommended Motion:

  “That the Finance and Audit Committee, having considered Report 2024-050 ‘2024 Property Tax Policy’, recommend that County Council enact by-laws to authorize the 2024 tax ratios and tax rates at the April 17, 2024 County Council meeting."

8.c

Report 2024-051 'February 2024 Year-To-Date Financial Results'

Matthew Nitsch, Director Finance / Treasurer

• Recommended Motion:

  “That the Finance and Audit Committee receive Report 2024-051 ‘February 2024 Year-To-Date Financial Results’ for information; and

  Further That the Committee recommend that County Council receive this report for information.”

9.

Other Matters Considered by Committee

10.

Media Questions

11.

Closed Session

N/A

12.

Motion to Rise and Result from Closed Session

N/A

13.

Next Meeting - Tuesday, April 30, 2024 at 11:00 a.m.

14.

Adjournment