Wednesday, June 29, 2016

City puts wrap on Financial info process with Special Council Session today

With Council set to take to its Summer Schedule of meetings, a timetable which will see only one session called per month through until the end of September, some last minute details are being put to rest for June when it comes to the City's Financial Information process.

Council has been called to a Special Session tonight at 5 PM to deal with a fairly short Agenda of work, the bulk of which is focused on receipt of two reports from the City's Financial Officer. 

The first dealing with the City's Financial Variances Report, the second asking for Council to approve the 2015 Statement of Financial Information.

The Variance Report can be found on page 4 of the Agenda package it reviews the current status of the city's Operating and Utility Budgets as well as the Capital Works and Capital works process while 

The City's 2015 Statement of Financial Information can be reviewed on page 9 of the Agenda. 

Earlier today, we provided a quick glimpse at the salary and expenses component of the Statement of Financial Information, you can review our notes on that topic here.

Council will also receive a report from the City's Director of Operations outlining the City's plan to seek out a Canada 150 Fund grant to be put towards rehabilitation of the Airport Ferry Ramp on the Fairview side of the harbour. 

(See page Page 3 of the Agenda Package)

The final item on the short agenda for the late afternoon will feature a report from the Corporate Administrator on the National Disaster Mitigation Program, with Council to hear of plans to seek a grant application towards funding  for a total of $450,000 for the first phase of a Tsunami Risk Assessment as part of the funding from the National Disaster Mitigation Program

For more items related to City Council Discussions see our archive page here.

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