At last Monday’s Committee of the Whole Council meeting, the audited financial statements for 2020 were presented.  The audit was clean – KPMG signed off saying that the statements were truthful (that’s really what an audit does – looks for untruths or errors).  Jennifer Heslinga, from the Town’s Finance Department made a long presentation and apart from a few interesting items, it was all about esoteric accounting details with an emphasis on what the pandemic did to the numbers and how the reserves work.  Frankly, I did not understand the details on reserves so I’ll just report the interesting items. For example, where did the money come from and where did it go. Big picture? Cobourg gets only 47% of… Read complete articleTown of Cobourg reports 2020 Financials

At tonight’s Committee of the Whole Council Meeting, Council considered two options for resuming in-person meetings.  Option 1 required all Councillors to be physically present in Council Chambers in Victoria Hall while Option 2 allowed some to participate via Zoom.  Most Councillors supported Option 1 and were unhappy with Option 2 since there was no detail provided such as how many could be virtual, for what reasons and how often.  Councillor Aaron Burchat said he might not be able to physically attend all budget sessions so preferred option 2.  As well as Councillors, the Municipal Clerk, Deputy Clerk and Chief Administrative Officer would also be there.  Other staff, Members of the Public and Delegates and Presenters would attend via Zoom. … Read complete articleCouncil to Resume In-Person Meetings