Financial Planning Committee Regular Meeting Minutes
· Islands Trust Area · Meeting Documents · 2023
Original Trust document
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Topics: First Nations & reconciliation · Governance & budget — our classification, not the Trust's.
Extracted text (beginning)
ADOPTED Financial Planning Committee Minutes of a Regular Meeting May 31, 2023 ADOPTED Page 1 of 5 Financial Planning Committee Minutes of Regular Meeting Date of Meeting: Location: May 31, 2023 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 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 Russ Hotsenpiller, Chief Administrative Officer Julia Mobbs, Director, Administrative Services David Marlor, Director, Legislative Services Nancy Roggers, Finance Officer Robert Barlow, Legislative Services Clerk/Recorder Others Present: No members of the public were present. 1. CALL TO ORDER Chair Bernardo called the meeting to order at 10:00 a.m. He acknowledged the privilege to live and work on the islands and waters that have been the home of indigenous people since time immemorial. 2. AGENDA 2.1 Review of the Agenda No new or late items were considered. 2.2 Approval of Agenda By general consent the Committee approved the agenda as presented. 3. PUBLIC COMMENT PERIOD ADOPTED Financial Planning Committee Minutes of a Regular Meeting May 31, 2023 ADOPTED Page 2 of 5 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 February 14 & 15, 2023 By general consent the Committee approved the minutes as presented. 6.1.2 Financial Planning Committee minutes of April 6, 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 Mobbs spoke to the review of three Trust Council financial policies: 6.5.1 (Reserves and Surplus), 6.3.2 (Special Tax Requisition), and 7.2.1 (Trustee Remuneration), noting that Legislative Services is reviewing all Trust Council policies and will be making a presentation to Trust Council in June. Director Mobbs has delayed the review of the three financial policies until Trust Council has had concluded this discussion as that discussion is likely to impact this policy review. 7. BUSINESS – WORK PROGRAM ITEMS 7.1 Draft March 31, 2023 Financial Results - RFD Director Mobbs spoke to the highlights of the Request for Decision. As the year-end audit has not occurred yet, the Financial Results remain as draft. FPC-202
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