August 12, 2026 Audit Committee

Agenda

1. CALL TO ORDER AND LAND ACKNOWLEDGEMENT

1.1 African Nova Scotian Affirmation

2. APPROVAL OF MINUTES – April 15, 2026

3. APPROVAL OF THE ORDER OF BUSINESS AND APPROVAL OF ADDITIONS AND DELETIONS

4. CALL FOR DECLARATION OF CONFLICT OF INTERESTS

5. Year End Financial Statements & Fourth Quarter Financial Report [PDF]
- Staff Presentation [PDF]
- KPMG Presentation [PDF]
Motion:
That the Audit Committee recommend that Halifax Regional Council approve:

1.    The Consolidated Financial Statements of the Halifax Regional Municipality for the year ended March 31, 2026;

2.    The Statement of General Rate Surplus of the Halifax Regional Municipality for the year ended March 31, 2026;

3.    Transfers to reserves of the following amounts to reduce the general rate surplus to zero:
•    Q421 Options Reserve - $3.3M;

4.    The financial statements of the Halifax Regional Municipality Miscellaneous Trust Funds for the year ended March 31, 2026; and,

5.    The appointment of KPMG to be the External Auditor for the fiscal year ended March 31, 2027.

6.    The Fourth Quarter report for 2025/26 on District Capital, District Activity, Recreation Area Rates, Hospitality Expenses, and Expenses for Reportable Individuals.

6. IN CAMERA (IN PRIVATE) – NONE

7. DATE OF NEXT MEETING – TBD

8. ADJOURNMENT

INFORMATION ITEMS – NONE

For further information regarding this meeting, please contact Elizabeth Macdonald, Legislative Assistant, at elizabeth.macdonald@halifax.ca or 902-497-7548.

To submit correspondence, email clerks@halifax.ca 
More information: https://www.halifax.ca/city-hall/regional-council/communicating-halifax-regional-council