STANDING COMMITTEE ON FINANCE AND AUDIT
AGENDA

Wednesday, February 26, 2025 at 12:00 P.m. - 1:30 P.m.

Council Chambers of City Hall

1100 Patricia Boulevard, Prince George, BC

We respectfully acknowledge the unceded ancestral lands of the Lheidli T’enneh,
on whose land we live, work, and play.

A.
COMMENCEMENT

RECOMMENDATION:
That the agenda for the February 26, 2025 Standing Committee on Finance and Audit meeting, BE ADOPTED.

RECOMMENDATION:
That the minutes of the Standing Committee on Finance and Audit meeting held December 4, 2024 be adopted as read on this day and that such minutes as read set out all the business before the committee at that meeting and fully and properly record all of the resolutions passed by the committee at that meeting.

Presenters: Corey Naphtali, Audit Engagement Partner and Tabitha Bosch, Audit Senior Manager, KPMG LLP

RECOMMENDATION:
That the Standing Committee on Finance and Audit RECEIVES FOR INFORMATION the presentation provided by KPMG LLP regarding the "City of Prince George Audit Planning Report for the year ended December 31, 2024."

RECOMMENDATION:
That the Standing Committee on Finance and Audit RECOMMENDS to Council a 2025 tax rate structure for approval based on Tax Rate Option #1, Tax Rate Option #2, or Tax Rate Option #3 described in the report dated February 21, 2025 from the Director of Finance and IT Services titled “2025 Tax Rate Structure and Options.”

RECOMMENDATION:
That the Standing Committee on Finance and Audit RECEIVES FOR INFORMATION the 2025 Committee Work Plan as attached to the February 26, 2025 committee meeting agenda.

RECOMMENDATION:
That there being no further business, the meeting of the Standing Committee on Finance and Audit BE ADJOURNED.

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