TC - Islands Trust Council Financial Plan Bylaw No. 204

· Islands Trust Area · Adopted Bylaws · 2026

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Topics: Governance & budget — our classification, not the Trust's.

Extracted text (beginning)

ISLANDS TRUST COUNCIL 
 
BYLAW NO. 204 
 
*********************************************************************************************************** 
A Bylaw Respecting the Financial Plan of the Islands Trust  
for Fiscal Years 2026-2027 through 2030-2031 
*********************************************************************************************************** 
 
Islands Trust Council, having jurisdiction in respect of the Trust Area in the Province of British Columbia pursuant to 
the Islands Trust Act, enacts as follows: 
 
Citation 
1. This bylaw may be cited for all purposes as “Islands Trust Council Financial Plan Bylaw 2026-2027” 
 
Financial Plan 
2. Schedule “A” attached hereto, and made part of this Bylaw, is hereby adopted and is the Financial Plan of 
Islands Trust Council for the fiscal year commencing April 1, 2026 and ending March 31, 2027, and for the 
subsequent four fiscal years. 
 
 
 
 
READ A FIRST TIME THIS  12
th
  DAY OF March , 2026 
 
READ A SECOND TIME THIS  12
th
 DAY OF March , 2026 
 
READ A THIRD TIME THIS   12
th
 DAY OF March , 2026 
 
APPROVED BY THE MINISTER OF HOUSING AND MUNICIPAL AFFAIRS 
THIS  22
nd
 DAY OF April , 2026 
 
ADOPTED THIS  15
th
  DAY OF May , 2026 
 
 
 
 
_________________________________  _________________________________ 
 SECRETARY       CHAIR 
 

ISLANDS TRUST 
Bylaw 204
 Schedule A
Revenue2026/272027/282028/292029/302030/31
Provincial Funding285,359           218,002           218,002           218,002           218,002           
Federal Funding-                   -                   -                   -                   -                   
General Property Taxes *10,616,800     11,248,123     11,575,470     11,915,594     12,398,475     
Special Tax Levy - Local Trust Committees-                   -                   -                   -                   -                   
Fees
198,100           202,062           206,103           210,224           214,429           
Interest and Other193,000           207,108           209,179           211,271           213,384           
Transfer (to) from General Revenue Surplus Fund327,400           90,000             -                   -                   -                   
Transfer (to) from LTC Specific Fund150,000           -                   -                   -                   -                   
Transfer (to) from Special Tax Requisition Fund-                   -                   -                   -                   -                   
Net interfund transfers**-                   -                   -                   -                   -                   
Total Revenue11,770,659     11,965,295     12,208,755     12,555,091     13,044,290     
Expenditures
Trust Council2,359,332       2,234,969       2,279,705       2,325,335       2,679,091       
Local Planning7,760,914       8,184,305       8,348,120       8,515,219       8,626,750       
Islands Trust Conservancy1,848,412       1,744,022       1,778,930       1,

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