Audit Committee

That Report AC-C 4-2025, dated May 20, 2025, respecting 2024 Audited Consolidated Financial Statements, BE RECEIVED and the following recommendations BE APPROVED: 1. That the audited consolidated financial statements for the Regional Municipality of Niagara (the “Niagara Region”), including the sinking fund and trust fund financial statements, for the year ended December 31, 2024, presented in Appendix 1 to Report AC-C 4-2025, BE APPROVED; 2. That the audit findings report pertaining to the audited consolidated financial statements of the Niagara Region for the year ended December 31, 2024, presented in Appendix 2 to Report AC-C 4-2025, BE RECEIVED for information; and 3. That staff BE DIRECTED to co-ordinate with the auditors to finalize the statements as presented.

That the following items BE RECEIVED for information: AC-C 5-2025 2023 Canadian Award for Financial Reporting AC-C 6-2025 Status Update on Internal Audit Engagements AC-C 7-2025 2024 Niagara Peninsula Conservation Authority (NPCA) Financial Statements AC-C 8-2025 Niagara Regional Housing 2024 Draft Audited Financial Statements JBM-C 2-2025 Court Services 2024 Draft Audited Schedule of Revenues, Expenses and Funds Available for Distribution