2012-01-13 WECHU mts - Laserfiche WebLink

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Report to the Board of Directors-2012 February 16 Page 8 WINDSOR-ESSEX COUNTY HEALTH UNIT MINUTES 2010 FINANCIAL STATEMENTS REVIEW (100% PROGRAMS) 2012 January 13 @ 1:30 p.m. Board Members Present: Mr. Rob Modestino, Treasurer Administration Present: Dr. G. Allen Heimann (MOH) Ms. J. Gretes, Accounting Manager Ms. S. Kelly, Director, Corporate Services Ms. R. St. Denis (Recorder) Guest: Ms. Lorie Gregg, KPMG The meeting was called to review three sets of financial statements and settlements for the Nurse Practitioner, Healthy Babies/Healthy Children, and Smoke-Free Tobacco/CINOT programs. a) Nurse Practitioner Program The program is 100% funded by the Ministry of Children and Youth Services solely for the provision of hiring a Nurse Practitioner. The Health Unit has had the program for at least five years, Funding for the program was fixed at$125,000 however the Health Unit has made annual requests for additional one-time funding. The Ministry approved up to $148,354, however only$146,829 was spent. The one-time funding was for salary only. In 2011 the Ministry approved an upward amendment for one-time fiends close to $150,000 which will result in the Health Unit not having to reapply for one-time fields on an annual basis. The approved budget and forms for the program have not changed from year to year. Fixed assets purchases were made in prior years as start-up expenditures and have been amortized. Funding is year to year and is at the Ministry's discretion. This is an excellent program that provides health care services to newly-arrived individuals often referred by external agencies. For this program the Ministry has allowed an expense for administration and expenses for the building, if funds are available. This report is different than in prior years, being more detailed in outlining management's approval. The net book value of the assets is nil but there are assets which have been reflected. The statement of net debt shows outstanding cash outlay associated with delivery of services. The amortization of useful life in the various asset classes was noted. Ms. Gregg will provide a management representation letter and any adjustments required will be provided to Dr. Heimann and Ms. Kelly for signature and a copy to Mr. Modestino.