Town staff says 2022–23 audit underway; auditors and staff resolving reconciliation issues

Tony provided an update on the overdue audits, saying the 2022–23 audit documentation (MD&A) has been submitted to the auditors, staff are finalizing responses to the memorandum of internal control, and the auditors should turn around their review within a few weeks. He said an "out‑of‑balance" situation in the 22–23 books had pushed the schedule back because staff and auditors had to work out differing figures before auditors could proceed.

Tony outlined a near‑term timeline: staff will provide correcting entries to auditors by the end of June, auditors will complete 2023–24 review over the next two months, and the town expects to be current thereafter. Members discussed reconvening the finance committee in two to three weeks to review audit outputs before taking them to council.

A member of the public, Rita Komas, urged local accountability: "We need to take owness of our own delays and not put it on the auditors that have been working hard for us when we do engage with them," she said. Tony and others acknowledged both staff workload and a prior reconciliation that slowed the audit timeline.

Next steps: staff will finalize the memorandum of internal control responses and produce correcting entries; the committee will schedule a follow‑up meeting to review external‑auditor feedback before July council action.