Financial Planning Committee Regular Meeting Minutes

Extracted text (beginning)

ADOPTED 
Financial Planning Committee 
Minutes of a Regular Meeting 
August 28, 2024 ADOPTED Page 1 of 7 
Financial Planning Committee 
Minutes of a Regular Meeting 
 
Date of Meeting:  
Location:  
August 28, 2024 
Electronic Meeting 
 
Members Present:  
 
Joe Bernardo, Local Trustee (Chair) 
Mairead Boland, Local Trustee (Vice Chair) 
Tobi Elliott, Executive Committee Representative 
Kristina Evans, Trust Programs Committee Representative 
David Graham, Local Trustee 
Peter Luckham, Executive Committee Representative 
David Maude, Executive Committee Representative 
Tim Peterson, Executive Committee Representative 
 
Member Regrets: Laura Patrick, Regional Planning Committee Representative 
Susan Yates, Islands Trust Conservancy Board Representative 
  
Member Absent: Jamie Harris, Governance Committee Representative 
 
Staff Present: 
 
Julia Mobbs,  Interim Chief Administrative Officer (ICAO) 
David Marlor, Director, Legislative and Information Services 
Stefan Cermak, Director, Planning Services 
Clare Frater, Director, Trust Programs Services 
Nancy Roggers, Finance Officer 
Robert Barlow, Legislative Services Clerk/Recorder 
 
Others Present: 
 
 
No member of the public was present 
 
1. CALL TO ORDER 
 
Chair Bernardo called the meeting to order at 10:00 a.m. and acknowledged the privilege to 
work and live in lands and waters that have been the traditional home of indigenous peoples 
since time immemorial. 
 
2. AGENDA 
 
2.1 Review of the Agenda 
 
No changes to the agenda were requested. 
 
2.2 Approval of the Agenda 
 
By general consent the Committee approved the agenda as presented. 
 
3. PUBLIC COMMENT PERIOD 
 

ADOPTED 
Financial Planning Committee 
Minutes of a Regular Meeting 
August 28, 2024 ADOPTED Page 2 of 7 
No member of the public was present. 
 
4. DELEGATIONS 
 
None. 
 
5. CORRESPONDENCE 
 
None. 
 
6. ADMINISTRATIVE COORDINATION 
 
6.1 Draft Minutes of Previous Meetings 
 
6.1.1 Financial Planning Committee Regular Meeting draft minutes of May 29, 2024 
 
By general consent the Committee approved the minutes as presented. 
 
6.2 Resolutions Without Meeting 
 
None. 
 
6.3 Follow up Action List 
 
The Follow-up Action List was presented for information.  
 
7. BUSINESS - WORK PROGRAM ITEMS 
 
7.1 Statement of Financial Information (SOFI) - Request For Decision 
 
Interim Chief Administrative Officer (ICAO) Mobbs introduced the Request For Decision.  
 
FPC-2024-022 
It was MOVED and SECONDED, 
that Financial Planning Committee forward the 2023/24 Statement of Financial 
Information to Trust Council for approval. 
CARRIED 
 
7.2 June 30, 2024 Financial Report - Request For Decision 
 
ICAO Mobbs introduced the Request For Decision. Committee discussion included: 
 litigation defense costs are challenging to budget for as they are unpredictable for 
the most part 
 the majority of litigation is triggered by a resident disputing a Local Trust Committee 
decision 
 the reporting reflects invoices that have been proces

First 3,000 characters. Open the original for the whole document.