Financial Planning Committee Meeting Agenda

Extracted text (beginning)

Financial Planning Committee
Agenda
 
 

Date:Wednesday, August 19, 2020
Time:10:00 am - 3:00 pm
Location:Islands Trust Victoria Boardroom
200-1627 Fort Street, Victoria, BC
Pages
1.CALL TO ORDER
2.APPROVAL OF AGENDA
2.1Introduction of New Items
2.2Approval of Agenda
3.ADOPTION OF MINUTES / COORDINATION
3.1Minutes of Meetings
3.1.1Financial Planning Committee Minutes of May 27, 2020
4 - 8
3.2Resolutions Without Meeting
3.3Follow up Action List
9 - 11
4.TRUST COUNCIL BUSINESS
4.12019/20 Statement of Financial Information (SOFI)  - RFD
12 - 20
That the 2019/20 Statement of Financial Information be forwarded to Trust Council
for information as presented. 
4.2June 30, 2020 Quarterly Financial Report - RFD
21 - 26
That Financial Planning Committee forward the June 30, 2020 Quarterly Financial
Report to Trust Council as presented.
4.32021/22 Draft Budget Information
That the 2021/22 Draft Budget Information, including the Budget Cycle Timelines and
Budget Assumptions and Principles, be forwarded to Trust Council.
4.3.1Budget Assumptions and Principles (BAP) - Briefing
27 - 31
4.3.2Budget Cycle Timelines
32 - 32

4.42021/22 Budget Consultation Plan - Briefing
33 - 43
4.5Costs of Processing Land-Use Applications - Briefing
44 - 48
Receive for information and forward to Trust Council if desired. Follow-up as directed
by the Committee.
4.6FPC Top Priorities
49 - 49
That Financial Planning Committee forward the FPC top priorities to Trust Council for
approval as presented.
5.BUSINESS
5.1Accumulated Surplus Fund Discussion - Briefing
50 - 59
Receive for information. Follow-up as directed by the Committee.
5.2LPC Application Fees Review - Briefing
60 - 92
Receive for information. Follow-up as directed by the Committee.
5.3Collecting a Percentage of Zoning Uplift in Property Value - RFD (Trustee Sponsored)
93 - 96
That the Financial Planning Committee request staff to develop a report and
recommendations for capturing a percentage of any zoning uplift in property values
for the benefit of Trust Area communities and ecosystems.
6.NEW BUSINESS
7.TOWN HALL & DELEGATIONS
None
8.CLOSED MEETING
That the Financial Planning Committee meeting be closed to the public subject to section 90
(1)(k) of the Community Charter in order to consider negotiations and related discussions
respecting the proposed provision of a service that is at preliminary stages and that, in the
view of the committee, could reasonably be expected to harm its interests if they were held in
public; and that Islands Trust staff be invited to attend the meeting.
Recommendation
That the meeting be closed to the public in accordance with the Community Charter,
 
 
and staff attend the meeting.
9.RISE AND REPORT
10.NEXT MEETING
The next meeting of the Financial Planning Committee will be held October 14, 2020.
2

11.ADJOURNMENT
*Approximate time is provided for the convenience of the public only and is subject to change
without notice.
3

Draft
 
 
Financial Planning Committee 
Minutes of a Special Meet

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