AGENDAAUDIT COMMITTEEThursday, June 13, 2024 at 9:30 A.m. - 11:55 P.m.ENGINEERING TRADITIONS COMMITTEE ROOMMembers PresentCouncillor E. Spencer, ChairCouncillor R. Pootmans, Vice-ChairCouncillor C. WalcottCouncillor J. WynessPublic Member K. KimPublic Member C. McGillivrayPublic Member J. NaickerMayor J. Gondek, Ex-OfficioSPECIAL NOTES: Public are encouraged to follow Council and Committee Meetings using the live stream: www.calgary.ca/watchlive Members may be participating remotely.1.CALL TO ORDER 2.OPENING REMARKS 3.CONFIRMATION OF AGENDA 4.CONFIRMATION OF MINUTES 4.1Minutes of the Regular Meeting of the Audit Committee, 2024 May 23 1.Unconfirmed Minutes-2024-05-23-Audit Committee.pdf5.CONSENT AGENDA 5.1DEFERRALS AND PROCEDURAL REQUESTS None6.POSTPONED REPORTS (including related/supplemental reports)None7.ITEMS FROM OFFICERS, ADMINISTRATION AND COMMITTEES 7.1The City of Calgary Investment Governance Review Report, AC2024-0459 1.The City of Calgary Investment Governance Review Report - AC2024-0459.pdf2.Attach 1 - Background and Previous Council Direction - AC2024-0459.pdf3.Attach 2 - Governance Review - AC2024-0459.pdf4.Attach 3 - CFA Institute - Investment Governance for Fiduciaries - AC2024-0459.pdf5.Attach 4 - Presentation Investment Governance Review - AC2024-0459.pdf7.2External Auditor 2023 Management Letter, AC2024-0536 1.External Auditor 2023 Management Letter - AC2024-0536.pdf2.Attach 1 - City of Calgary 2023 Deloitte Letter of Recommendations June 13 2024 Meeting - AC2024-0536.pdf7.3Calgary Municipal Land Corporation 2023 Annual Report, AC2024-0436 1.Calgary Municipal Land Corporation 2023 Annual Report - AC2024-0436.pdf2.Attach 1 - CMLC Control Environment Assessment - AC2024-0436.pdf3.Attach 2 - CMLC Management Representation Letter - AC2024-0436.pdf4.Attach 3 - CMLC Finance and Audit Committee Mandate - AC2024-0436.pdf5.Attach 4 - CMLC Finance and Audit Committee 2024 Workplan - AC2024-0436.pdf6.Attach 5 - CMLC Risk Register - AC2024-0436.pdf7.Attach 6 - CMLC External Auditor YE Report 2023 - AC2024-0436.pdf8.Attach 7 - CMLC - Financial Statements 2023 - AC2024-0436.pdf7.4Utilities Delivery’s Utilization of the Program and Project Management System (P2M) Audit, AC2024-0707 1.Utilities Delivery’s Utilization of the Program and Project Management System (P2M) Audit – AC2024-0707.pdf2.Attach 1 - Utilities Deliverys Utilization of the Program and Project Management System (P2M) Audit - AC2024-0707.pdf7.5Proposed Amendments to Audit Committee Bylaw 33M2020 and City Auditor Bylaw 30M2004, AC2024-0182 1.Proposed Amendments to Audit Committee Bylaw 33M2020 and City Auditor Bylaw 30M2004 - AC2024-0182.pdf2.Attach 1 - Proposed Wording for Amendments to Bylaw 33M2020 Text for Discussion - AC2024-0182.pdf3.Attach 2 - Spreadsheet - Proposed Bylaw 33M2020 Amendments - AC2024-0182.pdf4.Attach 3 - Redline Markups on Proposed Amendments to Audit Bylaw 33M2020 - AC2024-0182.pdf5.Attach 4 - Bylaw 33M2020 - AC2024-0182.pdf6.Attach 5 - Proposed Wording for Amendments to Bylaw 30M2004 Text for Discussion - AC2024-0182.pdf7.Attach 6 - Spreadsheet - Proposed Bylaw 30M2004 Amendments - AC2024-0182.pdf8.Attach 7 - Red-Line Markups of Proposed Amendments to Bylaw 30M2004 - AC2024-0182.pdf9.Attach 8 - (Original) 30M2004 - City Auditor - AC2024-0182.pdf7.62023 Civic Partner Audit Report, AC2024-0282 1.2023 Civic Partner Audit Report - AC2024-0282.pdf2.Attach 1 - Background and Previous Council Direction - AC2024-0282.pdf3.Attach 2 - Civic Partner Grant Funding 2021-2024 - AC2024-0282.pdf4.Attach 3 - Definition of Rating Terms - AC2024-0282.pdf5.Attach 33 - Admin Presentation - AC2024-0282.pdfAttachments 4-32 held confidential pursuant to Sections 16 (Disclosure harmful to business interests of a third party), 23 (Local public body confidences), and 24 (Advice from officials) of the Freedom of Information and Protection of Privacy Act.Review By: 2027 October 228.ITEMS DIRECTLY TO COMMITTEE 8.1REFERRED REPORTS None8.2NOTICE(S) OF MOTION None9.URGENT BUSINESS 10.CONFIDENTIAL ITEMS 10.1ITEMS FROM OFFICERS, ADMINISTRATION AND COMMITTEES 10.1.1Supplier Billing Contract Compliance Continuous Auditing Project, AC2024-0708 Held confidential pursuant to Section 16 (Disclosure harmful to business interests of a third party) of the Freedom of Information and Protection of Privacy Act.Review By: 2039 June 1310.1.2Audit Forum (Verbal), AC2024-0538 Held confidential pursuant to Section 24 (Advice from officials) of the Freedom of Information and Protection of Privacy Act.10.1.3External Auditor (Verbal), AC2024-0537 Held confidential pursuant to Section 24 (Advice from officials) of the Freedom of Information and Protection of Privacy Act.10.1.4City Auditor (Verbal), AC2024-0539 Held confidential pursuant to Section 24 (Advice from officials) of the Freedom of Information and Protection of Privacy Act.10.2URGENT BUSINESS 11.BRIEFINGS None12.ADJOURNMENT No Item Selected This item has no attachments.1.External Auditor 2023 Management Letter - AC2024-0536.pdf2.Attach 1 - City of Calgary 2023 Deloitte Letter of Recommendations June 13 2024 Meeting - AC2024-0536.pdf1.Calgary Municipal Land Corporation 2023 Annual Report - AC2024-0436.pdf2.Attach 1 - CMLC Control Environment Assessment - AC2024-0436.pdf3.Attach 2 - CMLC Management Representation Letter - AC2024-0436.pdf4.Attach 3 - CMLC Finance and Audit Committee Mandate - AC2024-0436.pdf5.Attach 4 - CMLC Finance and Audit Committee 2024 Workplan - AC2024-0436.pdf6.Attach 5 - CMLC Risk Register - AC2024-0436.pdf7.Attach 6 - CMLC External Auditor YE Report 2023 - AC2024-0436.pdf8.Attach 7 - CMLC - Financial Statements 2023 - AC2024-0436.pdf1.2023 Civic Partner Audit Report - AC2024-0282.pdf2.Attach 1 - Background and Previous Council Direction - AC2024-0282.pdf3.Attach 2 - Civic Partner Grant Funding 2021-2024 - AC2024-0282.pdf4.Attach 3 - Definition of Rating Terms - AC2024-0282.pdf5.Attach 33 - Admin Presentation - AC2024-0282.pdf1.The City of Calgary Investment Governance Review Report - AC2024-0459.pdf2.Attach 1 - Background and Previous Council Direction - AC2024-0459.pdf3.Attach 2 - Governance Review - AC2024-0459.pdf4.Attach 3 - CFA Institute - Investment Governance for Fiduciaries - AC2024-0459.pdf5.Attach 4 - Presentation Investment Governance Review - AC2024-0459.pdf1.Utilities Delivery’s Utilization of the Program and Project Management System (P2M) Audit – AC2024-0707.pdf2.Attach 1 - Utilities Deliverys Utilization of the Program and Project Management System (P2M) Audit - AC2024-0707.pdf1.Proposed Amendments to Audit Committee Bylaw 33M2020 and City Auditor Bylaw 30M2004 - AC2024-0182.pdf2.Attach 1 - Proposed Wording for Amendments to Bylaw 33M2020 Text for Discussion - AC2024-0182.pdf3.Attach 2 - Spreadsheet - Proposed Bylaw 33M2020 Amendments - AC2024-0182.pdf4.Attach 3 - Redline Markups on Proposed Amendments to Audit Bylaw 33M2020 - AC2024-0182.pdf5.Attach 4 - Bylaw 33M2020 - AC2024-0182.pdf6.Attach 5 - Proposed Wording for Amendments to Bylaw 30M2004 Text for Discussion - AC2024-0182.pdf7.Attach 6 - Spreadsheet - Proposed Bylaw 30M2004 Amendments - AC2024-0182.pdf8.Attach 7 - Red-Line Markups of Proposed Amendments to Bylaw 30M2004 - AC2024-0182.pdf9.Attach 8 - (Original) 30M2004 - City Auditor - AC2024-0182.pdf1.Unconfirmed Minutes-2024-05-23-Audit Committee.pdf