May 25, 2026Board meeting
Audit Committee of the City of Vaughan Report
The Audit Committee meeting focused on three primary agenda items. They reviewed and approved the 2025 Draft Consolidated Financial Statements for the City of Vaughan and associated entities, including the receipt of the KPMG LLP Audit Findings Report and the 2025 Annual Surplus Reconciliation. Additionally, the committee received internal audit reports concerning the Vaughan Public Libraries and the organization's payroll processes.