Item - 2017.AU10.6

The Audit Committee:

1.  Approved the Auditor General's Office 2018 Operating Budget, attached to the report (October 13, 2017) from the Auditor General, and forwarded it to the Budget Committee.

Beverly Romeo-Beehler, Auditor General, and Ina Chan, Assistant Auditor General, gave a presentation to the Audit Committee on this Item.

This report provides information relating to the 2018 Operating Budget for the Auditor General’s Office.

On February 15 and 16, 2017, City Council approved the 2017 Budget Committee Recommended Operating Budget for the Accountability Offices. At that time, City Council approved the "temporary increase of $1.0 million, as reflected in the Auditor General's 2017 Budget Committee Recommended Operating Budget to provide additional capacity to undertake value for money audits and investigations, subject to a report back to Audit and Executive Committees from the Auditor General on a revised audit work plan, and that temporary planned increases of up to $1.5 million in 2018 and an additional $1.4 million in 2019 be subject to consideration in future year budget processes together with revised audit work plans." (Recommendation 250)

http://app.toronto.ca/tmmis/viewAgendaItemHistory.do?item=2017.EX22.2

The Auditor General’s 2018 Operating Budget request is $7.445 million. The $1.5 million increase from the approved adjusted 2017 operating budget of $5.903 million reflects City Council's 2017 decision (EX22.2) to provide the Auditor General with additional capacity to undertake value for money audits and investigations.