Financial Planning Committee Regular Meeting Minutes

Extracted text (beginning)

ADOPTED 
Financial Planning Committee 
Minutes of a Regular Meeting 
August 30, 2023 ADOPTED Page 1 of 7 
 
Financial Planning Committee 
Minutes of Regular Meeting 
 
Date of Meeting: 
Location: 
August 30, 2023 
Electronic Meeting 
  
Members Present:  
 
Joe Bernardo, Local Trustee (Chair) 
Mairead Boland, Local Trustee (Vice Chair) 
David Graham, Local Trustee 
Jamie Harris, Governance Committee Representative 
Peter Luckham, Executive Committee Representative 
David Maude, Executive Committee Representative 
Laura Patrick, Regional Planning Committee Representative 
Tim Peterson, Executive Committee Representative 
 
Member Regrets: 
 
 
 
Staff Present: 
Susan Yates, Islands Trust Conservancy Board Representative 
Tobi Elliott, Executive Committee Representative 
Kristina Evans, Trust Programs Committee Representative 
 
Russ Hotsenpiller, Chief Administrative Officer 
Julia Mobbs, Director, Administrative Services 
Clare Frater, Director, Trust Area Services 
David Marlor, Director, Legislative Services 
Stefan Cermak, Director, Planning 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 10:54 a.m.  
  
2. AGENDA 
 
2.1 Review of the Agenda 
 
The following was presented for consideration as a late item: 
 Item 7.1 – the Islands Trust Audited Financial Statements and Audit Report 
forwarded from the Audit Committee  
 
The following were presented for consideration as new items: 
 7.5.1.1 Budget Business Case Format – Trustee Patrick  
 8.1 Business Cases provided to FPC – Trustee Boland 
 
 

 ADOPTED 
Financial Planning Committee 
Minutes of a Regular Meeting 
August 30, 2023 ADOPTED Page 2 of 7 
 
2.2 Approval of Agenda 
 
By general consent the Committee approved the agenda as amended. 
 
3. PUBLIC COMMENT PERIOD 
 
No member of the public was present. 
 
4. DELEGATIONS 
 
 None. 
 
5. CORRESPONDENCE 
 
None. 
 
6. ADMINISTRATIVE COORDINATION 
 
6.1 Draft Minutes of Previous Meeting 
 
6.1.1 Financial Planning Committee minutes of May 31, 2023 
 
By general consent the Committee approved the minutes as presented. 
 
6.2 Resolutions Without Meeting 
 
None.  
 
6.3 Follow up Action List (FUAL) 
 
The Follow-up Action List was presented for information. Director Frater reported that 
provincial government staff are reviewing the impact of the current policy in regards to 
special tax requisitions on associated islands and will report to the Committee any 
response that she receives. Director Mobbs indicated that work on the review of various 
Trust Council (TC) financial policies has been deferred until after TC completes their 
over-all review of TC policies expected to be done in December. 
 
7. BUSINESS – WORK PROGRAM ITEMS 
 
7.1 March 31, 2023 Audited Financial Statements – Briefing (BRF) 
 
The audited financial statements and the audit report were received fo

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