Financial Planning Committee Meeting Minutes
· Islands Trust Area · Meeting Documents · 2014
Original Trust document
· 46 KB
· SHA-256 48e3ddb444d52adf…
9,042 characters of machine-extracted text. Extraction is automatic and can be wrong; the original governs.
Topics: Fresh water & aquifers · Transportation & ferries · Governance & budget — our classification, not the Trust's.
Extracted text (beginning)
FINAL – Financial Planning Committee Minutes January 22, 2014 1 Financial Planning Committee Minutes of Meeting Date: Location: Wednesday, January 22, 2014 Islands Trust Victoria Boardroom 200-1627 Fort Street, Victoria, BC Members Present Gary Steeves, Chair Peter Grove, Vice-Chair Paul Brent Peter Luckham Sheila Malcolmson David Graham (by telephone) Jeanine Dodds (by telephone) Louise Decario Susan Morrison Regrets Ken Hancock Staff Present Cindy Shelest, Director Administrative Services Nancy Roggers, Finance Officer Linda Adams, Chief Administrative Officer Lisa Gordon, Director Trust Area Services Robert Kojima, Regional Planning Manager Laura Stringer, Communications Specialist 1. CALL TO ORDER The meeting was called to order at 10:06 am 2. APPROVAL OF AGENDA The following additions to the agenda were requested: 4.1.1. Discussion of Trust Council's specific direction 4.2.4. Media release BY GENERAL CONSENT, the Committee approved the agenda as amended. Trustee Dodds arrived at 10:10 am by telephone FINAL – Financial Planning Committee Minutes January 22, 2014 2 3. ADOPTION OF MINUTES / COORDINATION 3.1. Minutes of Meeting - November 13, 2013 BY GENERAL CONSENT, the minutes of November 13, 2013 were adopted 3.2. Follow up Action List Director Shelest provided an update on each of the items in the FUAL. Director Shelest will remove the 3rd item on the list as it was done at the last meeting. 4. BUSINESS 4.1. 2014/15 Proposed Budget Chair Steeves requested input from committee members about how to proceed with the budget discussion. The current draft of the 2015/16 budget has a .09% increase. Director Shelest reviewed and compared the budgets for 2014/15 and 2015/16 and went through the calculation of the percentage increase. Director Shelest reviewed the items that decreased since the last draft of the budget including removal of the increase for union staff and excluded staff members. Trustee Malcomlsom provided a summary of a late budget request from the Gabriola Local Trust Committee for $6,250 for groundwater model research to be done in partnership with the Regional District of Nanaimo. The committee discussed the following: • Will this assist with the Gabriola OCP? • Late items coming to FPC • Value of the information and experience with this same work by other Local Trust Committees • Current surplus amount FPC-2014-001 It was MOVED and SECONDED that the request from the Gabriola Island LTC for $6250 for groundwater mapping be included in the proposed 2014/15 budget. CARRIED Trustee Brent opposed FINAL – Financial Planning Committee Minutes January 22, 2014 3 4.1.1. Discussion of Trust Council’s Specific Direction Director Shelest reviewed the resolutions passed at December Trust Council and advised the committee that the related changes had been made to the budget.
First 3,000 characters. Open the original for the whole document.