KID Budget and Audit Committee
Budget and Audit Committee
Councillor Robinson (Chair); Councillor Gnyp (Vice-Chair)
The Budget and Audit Committee assists KID in fulfilling its obligations and oversight responsibilities relating to financial planning, the audit process, financial reporting, corporate controls, and financial risk management.
The Budget and Audit Committee reviews, audits, and makes recommendations regarding:
- Municipal budgets and rates of taxation
- Policies governing financial reporting, budgeting, capital planning, financial reserves, and funding sources
- Proposals affecting capital plans
- Considerations for public input regarding annual municipal budgets