Financial Planning Committee Regular Meeting Agenda

· Islands Trust Area · Meeting Documents · 2021

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Topics: Marine & foreshore · Fresh water & aquifers · Bylaw enforcement · First Nations & reconciliation · Governance & budget · Climate & environment — our classification, not the Trust's.

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Financial Planning Committee
Revised Agenda
 
 

Date:September 1, 2021
Time:10:30 am - 3:00 pm
Location:Electronic Zoom Meeting
Pages
1.CALL TO ORDER
2.APPROVAL OF AGENDA
2.1.New Items and Re-Ordering of the Agenda
2.2.Approval of Agenda
3.ADOPTION OF MINUTES / COORDINATION
3.1.Minutes of Meetings
3.1.1.Financial Planning Committee draft minutes of February 17, 2021
3 - 11
3.2.Resolutions Without Meeting
None
3.3.Follow up Action List
12 - 14
4.TOWN HALL
5.DELEGATIONS
None
6.TRUST COUNCIL BUSINESS
6.1.March 31, 2021 Audited Financial Statements - RFD
15 - 39
The Audited Financial Statements will be a late item once forwarded from the Audit
Committee at their meeting directly before the Financial Planning Committee.

That Financial Planning Committee receive the audited financial statements of Islands
Trust including the Statement of Financial Position, the Statement of Operations, the
Statement of Changes in Net Financial Assets, and the Statement of Cash Flows for the
year ended March 31, 2021, and forward them to Trust Council for approval.
6.2.March 31, 2021 Allocated Financial Statements - Briefing
40 - 43

6.3.2020/21 Statement of Financial Information - RFD
44 - 54
That Financial Planning Committee approve the 2020/21 Statement of Financial
Information and forward it to Trust Council for information as presented/amended.
6.4.June 30, 2021 Quarterly Financial Report - RFD
55 - 61
That Financial Planning Committee forward the June 30, 2021 Financial Report to Trust
Council for approval as presented/amended.
6.5.2022/23 Draft Budget Assumptions, Principles, and Timelines - Briefing
62 - 69
1. Budget Assumptions and Principles
2. Budget Cycle Timeline
6.6.2022/23 Budget Engagement Plan - RFD
70 - 73
That Financial Planning Committee approve the 2022/23 Budget Public Engagement
project charter, dated August 26, 2021.
7.BUSINESS
7.1.Work Program
74 - 75
Top Priorities for approval by FPC.
7.2.FPC 2020-21 Annual Report Section - RFD
76 - 79
That Financial Planning Committee approve the attached text for inclusion in the
2020-21 Annual Report for submission to the Minister of Municipal Affairs.
8.NEW BUSINESS
9.NEXT MEETING
Wednesday, October 20, 2021 from 10:00 a.m. to 3:00 p.m.
10.ADJOURNMENT
*Approximate time is provided for the convenience of the public only and is subject to change
without notice.
2

 DRAFT 
 
Financial Planning Committee 
Minutes of a Regular Meeting 
February 17, 2021 DRAFT Page 1 of 9 
 
Financial Planning Committee 
Minutes of Regular Meeting 
 
Date of Meeting: 
Location: 
February 17, 2021 
Electronic Meeting 
  
Members Present:  Peter Grove, Chair  
Laura Busheikin, Regional Planning Committee Representative 
Sue Ellen Fast, Executive Committee Representative 
Peter Luckham, Executive Committee Representative 
Deb Morrison, Trust Programs Committee Representative 
Laura Patrick, Executive Committee Representative 
Tahirih Rockafella, Local Trustee 
Dan Rogers, Executive Committee Representative 
Kate-Louise Stamford, 

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