Financial Planning Committee Meeting Agenda

· Islands Trust Area · Meeting Documents · 2020

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Financial Planning Committee
Agenda
 
 

Date:November 12, 2020
Time:10:00 am - 3:00 pm
Location:Electronic Zoom Meeting
Pages
1.CALL TO ORDER
2.APPROVAL OF AGENDA
2.1.Introduction of New Items and Re-Ordering of the Agenda
Item 5.1 'Property Values & Provincial Land Assessment - Presentation by BC
Assessment' to be addressed immediately following agenda item 3.4 to accommodate
guest presenter.
2.2.Approval of Agenda
3.ADOPTION OF MINUTES / COORDINATION
3.1.Minutes of Meetings
3.1.1.Financial Planning Committee Minutes of October 14, 2020
3 - 9
3.2.Resolutions Without Meeting
None
3.3.Follow up Action List
10 - 12
3.4.Financial Planning Committee Electronic Meetings
That in order to meet the principles of openness, transparency, and accessibility,
meetings of the Financial Planning Committee will be held electronically until
Ministerial Orders under the Emergency Program Act and requirements or
recommendations under the Public Health Act change regarding public attendance at
trust body meetings; and that such meetings be live streamed, and the public invited
to participate in meetings by connecting to the link or the phone number provided in
the meeting notice, in order to observe proceedings and speak when invited by the
Chair.
4.TRUST COUNCIL BUSINESS
4.1.September 30, 2020 Quarterly Financial Report – RFD
13 - 19

4.2.September 30, 2020 Financial Forecast - Briefing
20 - 25
4.3.Proposed 2021/22 Budget to Trust Council
4.3.1.Budget Session Overview
26 - 27
4.3.2.Budget Assumptions and Principles - Briefing
28 - 32
4.3.3.Draft Budget 2021/22 Overview and Highlights - Briefing
33 - 44
4.3.4.2021/22 Budget Funding Requests
4.3.4.1.Funding Requests Summary
45 - 45
4.3.4.2.Funding Requests Business Cases
46 - 105
4.4.Draft Budget Reduction Options – Briefing
106 - 112
4.5.Financial Planning Committee Top Priorities
113 - 113
4.6.Costs of Processing Applications – Briefing
114 - 117
5.BUSINESS
5.1.Property Values & Provincial Land Assessment - Presentation by BC Assessment
118 - 138
To be delivered at start of meeting.
5.2.Possible Policy Changes Re: Accumulated Surplus – Briefing
139 - 153
5.3.2021/22 Budget Consultation Process – RFD
154 - 173
6.NEW BUSINESS
7.NEXT MEETING
Wednesday, January 20, 2021 from 10:00 to 3:00 p.m.
8.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 
October 14, 2020 DRAFT Page 1 of 7 
 
Financial Planning Committee 
Minutes of Meeting 
 
Date of Meeting: 
Location: 
October 14, 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, Local Planning Committee Repre

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