In Reply To:

October 26, 1998

To:Audit Committee

From:City Auditor

Subject:Report on the Review of the Data Conversion,

York Employees' Pension and Benefit Fund

Recommendation:

It is recommended that the report entitled York Employees' Pension and Benefit Fund, Review of Data Conversion, dated August 10, 1998, be received for information.

Background:

During the amalgamation process the conversion of various data from the amalgamating municipalities into one system will be taking place. From a control perspective it is important that the conversion process be subject to audit. We have conducted a review of the data conversion process of the York Employees' Pension and Benefit Fund. Our observations and recommendations in relation to this conversion are included in the report.

Conclusions:

We have reviewed this report with staff from the City Finance Department and have included their responses to the recommendations.

Contact Name and Telephone Number:

Jerry Shaubel 392-8462

Jeffrey Griffiths

City Auditor

Encl.

dl

N:\WORKGRP\AUDIT\CORRESP\1997\DEPRTMEN\CLERKS\97YORKPE.DL