Financial Planning Committee Meeting Agenda

· Islands Trust Area · Meeting Documents · 2021

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

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Financial Planning Committee
Agenda
 
 

Date:Wednesday, January 20, 2021
Time:10:00 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 Minutes of November 12, 2020
3 - 11
3.2.Resolutions Without Meeting
None
3.3.Follow up Action List
12 - 15
4.TRUST COUNCIL BUSINESS
5.BUSINESS
5.1.Possible Policy Changes Re: Accumulated Surplus – Briefing
16 - 31
5.2.2021/22 Budget: Draft 2, Version 1
For review, discussion and further direction.
5.2.1.Changes to the Draft 2021/22 Budget - Briefing
32 - 40
5.2.2.Surplus Funds Allocation
41 - 41
5.2.3.Potential Fiscal 2021-22 Grant Funding - Briefing
5.3.2021/22 Budget Consultation - Briefing
42 - 57
5.4.Property Tax Notice insert - Briefing
58 - 60

5.5.Regional Planning Committee 2021/22 Budget Amendments Pending Receipt of Grant
- Briefing
61 - 79
6.NEW BUSINESS
7.TOWN HALL & DELEGATIONS
8.NEXT MEETING
Wednesday, February 17, 2021 from 10:30 a.m. to 3:00 p.m.
9.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 
November 12, 2020 DRAFT Page 1 of 9 
 
Financial Planning Committee 
Minutes of Meeting 
 
Date of Meeting: 
Location: 
November 12, 2020 
Electronic Meeting 
 
Members Present:  Peter Grove, Chair  
Paul Brent, Vice Chair 
Peter Luckham, Executive Committee Representative 
Sue Ellen Fast, Executive Committee Representative 
Laura Patrick, Executive Committee Representative 
Dan Rogers, Executive Committee Representative 
Kate-Louise Stamford, Islands Trust Conservancy Board Representative 
Laura Busheikin, Regional Planning Committee Representative 
Deb Morrison, Trust Programs Committee Representative 
Tahirih Rockafella, Local Trustee 
  
Staff Present: Russ Hotsenpiller, Chief Administrative Officer 
Julia Mobbs, Director, Administrative Services 
David Marlor, Director, Local Planning Services 
Clare Frater, Director, Trust Area Services 
Nancy Roggers, Finance Officer 
Robert Barlow, Legislative Services Clerk/Recorder 
 
Others Present: Scott Colbourne, Trust Programs Committee Alternative Representative 
  
1. CALL TO ORDER 
The meeting was called to order at 10:01 a.m. Chair Grove offered gratitude for being able to 
meet on the traditional and treaty territories of the Coast Salish First Nations. 
 
2. APPROVAL OF AGENDA 
 
2.1 New Items and Re-ordering of the Agenda 
The following addition was presented for consideration: 
 Item 5.2 – Islands Trust Surplus Analysis – Briefing: Possible Policy Changes 
Regarding Accumulated Surplus 
 
 
The following re-ordering of the agenda was presented for consideration: 
3

 DRAFT 
 
Financial Planning Committee 
Minutes of a Regular Meeting 
November 12, 2020 DRAFT Page 2 of 9 
 Item 5.1 'Property Values & Provinc

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