Finance and Audit Committee Meeting

"That the agenda for the June 2, 2026 Finance and Audit Committee be approved."

"That the Finance and Audit Committee receive the Quarter 1, 2026 Financial Analysis for the Finance Department for information; and Further That the Committee recommend that County Council receive the Quarter 1, 2026 Financial Analysis for information."

“That the Finance and Audit Committee receive Report 2026-085 ‘April 2026 Year-To-Date Financial Results’, for information; and Further That the Committee recommend that County Council receive the report for information.”

“That the Finance and Audit Committee, receive Report 2026-086 ‘2027 Budget and Draft Schedule’, for information; and Further That the Committee recommend that County Council receive the report for information.”

“That the Finance and Audit Committee, having considered Report 2026- 087 ‘Financial System Replacement Project’, recommend that County Council direct staff to proceed with Option #3 in the report, being a joint purchase for the procurement of financial software in partnership with member municipalities and use County funds to assist member municipalities with the core financial software modules implementation costs; and Further That the Committee recommend that County Council approve the following estimated project costs:  Approval of a budget of $3,000,000 for the implementation costs of the new software for the County and for the core modules for the member municipalities  Approval of a budget of $330,000 for a two-year contract project manager for Northumberland’s implementation of the software  Approval of a budget of $50,000 for the additional costs related to integrations between existing County software and the new financial software  Approval to draw $3,380,000 from the County general reserve ($409,505 of which was placed in reserve specifically for this project) to fund the project; and Further That the Committee recommend that this item be identified for separate discussion at the June 17, 2026 County Council meeting.”

“That the Finance and Audit Committee, receive Report 2026-088 ‘Request for County Levy Information’, for information; and Further That the Committee recommend that County Council receive the report for information.”