Financial Planning Committee Meeting Agenda

· Islands Trust Area · Meeting Documents · 2017

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Financial Planning Committee
Agenda
 
 
 
Date:Tuesday, January 17, 2017
Time:10:00 am - 2:00 pm
Location:Islands Trust Victoria Boardroom
200-1627 Fort Street, Victoria, BC
Pages
1.CALL TO ORDER
2.APPROVAL OF AGENDA
3.ADOPTION OF MINUTES / COORDINATION
3.1Minutes of Meetings - November 16, 20163 - 8
3.2Follow up Action List9 - 9
4.BUSINESS
4.1Revised 2017/18 Proposed Budget
4.1.1Briefing - Changes to the Budget since Nov FPC10 - 11
4.1.2Revised Detailed Budget12 - 12
4.1.3Bylaw Enforcement Officers' Training13 - 14
4.1.4Trust Fund Board Furniture Request15 - 17
4.1.5Assessed values18 - 18
4.1.6Non-Market Change Report19 - 20
4.22017/18 Budget Consultation Documents21 - 41
4.3RFD to FPC - Draft Revisions to Trust Council Policy 6.5.i General Revenue
Surplus Fund
42 - 48
4.4Draft RFD from FPC to TC - Revisions to Trust Council Policy 6.5.iii Purchasing
Procedure
49 - 68
This item is for FPC's review and, if approved, forwarding to Trust Council.
4.5Draft RFD from FPC to TC - Revisions to Trust Council Policy 7.2.vi Municipal
Tax Requisition Calculation
69 - 89
This item is for FPC's review and, if approved, forwarding to Trust Council.
4.6RFD to FPC from Denman Island LTC - Automatic Fee Increases90 - 106
5.NEW BUSINESS
1

6.NEXT MEETING
The next meeting will be held Tuesday, February 28, 2017.
7.ADJOURNMENT
*Approximate time is provided for the convenience of the public only and is subject to
change without notice.
2

 
Draft – Financial Planning Committee – November 16, 2016
 1 
 
Financial Planning Committee 
Minutes of Meeting 
 
Date: 
 
Location: 
November 16, 2016 
 
Islands Trust Victoria Boardroom 
200-1627 Fort Street, Victoria, BC 
 
Members Present 
 
 
 
 
 
 
 
Regrets 
Peter Grove, Chair 
Alison Morse, Vice-Chair 
George Harris, Local Trustee (by phone) 
Peter Luckham, EC Rep (by phone) 
Laura Busheikin, EC Rep (by phone) 
George Grams, EC Rep 
Susan Morrison, EC Rep 
 
Paul Brent, LPC Rep 
Brian Crumblehume, TPC Rep 
 
Staff Present Cindy Shelest, Director Administrative Services 
Nancy Roggers, Finance Officer 
Russ Hotsenpiller, Chief Administrative Officer 
David Marlor, Director Local Planning Services 
Lisa Gordon, Director Trust Area Services 
Emma Restall, Executive Coordinator 
 
 
1. CALL TO ORDER 
 
The meeting was called to order at 9:37 am 
 
2. APPROVAL OF AGENDA 
 
Added 5.1 – Committee Input to Strategic Planning Process 
 
By general consent, the agenda was approved as amended 
 
3. ADOPTION OF MINUTES / COORDINATION 
 
3.1 Minutes of Meetings - October 19, 2016 
 
The following changes to the minutes were requested: 
 
 Change Paul Brent to LPC Rep 
 Insert information about Director of Administrative Services hiring 
under new business section 
 
By general consent, the minutes of October 19, 2016 were adopted. 
3

 
Draft – Financial Planning Committee – November 16, 2016
 2 
 
3.2 Follow up Action List 
 
Director Shelest provided an update on each of the items in the FUAL.  She 
advised that revisions to the 

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