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FINANCE COMMITTEE
 

 

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FINANCE COMMITTEE

Tuesday February 14th, 2012 - 6:00pm

RDKB Board Room, Tra


Primary Strategic Planning Goals

VISION STATEMENT

We shall be valued as an essential level of government which coordinates and distributes regional services in an effective, equitable and responsible manner.

MISSION STATEMENT

Our mission is to provide a professional level of governance and advocacy both responsive and accountable to the needs of our regional community.

Primary Overall Goals

  1. Service Delivery Rationalization (keeping pace with increasing focus on urbanization and centralization of decision-making, keeping service efficient without increasing requisition)
  2. Environmental Stewardship (including cultural, consolidation of water, improvement districts, continue to support overall mandate of environmental stewardship)
  3. Waste Management (centralized composting, landfill inspections, climate change initiatives, energy audits throughout region)
  4. Internal/External Partnerships (regional cooperation, creating efficiencies in service delivery and cost ratios - keep developing partnerships, endorse potential for further partnerships between RDKB/community, service delivery, communities and orgs beyond RDKB jurisdiction (eg IHA))
  5. Communications (continue town hall meetings and expand RDKB public presentations, refurbish existing website, investigate benefits of alternative media – TV (Shaw Cable), streamline staff time
  6. Transit (communication with BC Transit, Trail Transit to enhance/expand current service, Greyhound)
  7. Governance Restructuring (determining the most efficient way to deliver services including considering amalgamation, restructuring of some RDKB areas while at same time considering the rural areas and determining how to allocate resources)

Download a ZIP version of the Agenda 

1. Call to Order

2. Acceptance of the Agenda (additions/deletions)

3. Election of Vice Chair

4. Confirmation of the Minutes

A
As this is the first meeting of this Committee there are no minutes to consider.

5. Delegations

A

There are no delegations appearing at this meeting.

6. Old Business

A There is no old business.

7. New Business

A Proposed Terms of Reference for the Finance Committee

Recommendation(s): That the proposed Terms of Reference for the Finance Committee be received. That the Committee discuss the proposed Terms of Reference, amend as desired, and recommend that the Board of Directors adopt the Finance Committee Terms of Reference.

B Information Items

i) Regional District Finance – Fact Sheet

ii) Statement of Reserves as at December 31, 2011

iii) Stakeholder/Committee Listing

iv) Administration Building Renovation – Final Review
(Director of Finance will present report at the meeting)

Recommendation(s): That the Regional District Finance – Fact Sheet, Statement of Reserves as of December 31, 2011, Stakeholder/Committee Listing, and the Administration Building Renovation – Final Review be received.

C Proposed 2012 Financial Plan

i) Schedule A – Financial Plan Bylaw

ii) Budget Summary - Comparison between 2011 and 2012

iii) Preliminary Requisition Comparison 2011 - 2012

iv) Expenditure Summary by Committee

v) Graphical Representation
    (1) Sources of revenue
    (2) Expenses by Category
    (3) Expenditures by Type

vi) Financial Information Packages – Public Consultation

Recommendation(s): That the information related to the proposed 2012 Financial Plan be received.

D Financial Plan Review

(1) General Government (Administration)

(2) MFA Debenture Debt

(3) Building inspection

(4) Feasibility Studies

Recommendation(s): That the staff report from John M. MacLean, CAO introducing the General Government (Administration), MFA Debenture Debt, Building Inspection and Feasibility Study Financial plan for review be received. That the Committee review and discuss the proposed plans and defer further discussion to the March meeting of the Committee.

E An item for discussion – the establishment of policies related to the setting of targets and goals in terms of service requisition.

F A staff report from john M. MacLean, CAO presenting proposed set dates for Finance Committee meetings.

Recommendation(s): That the staff report from John M. MacLean, CAO presenting proposed set dates for Finance Committee meetings be received.

That the Committee establishes the following dates as set meeting dates for 2012:

- February 14, 2012
- March 15, 2012
- May 17, 2012
- October 18, 2012,

with any other required meeting being at the call of the Chair.

8. Late Items

9. Next Meeting -
The next meeting of the Finance Committee will be March 15, 2012 in Grand Forks.

10. Adjournment

 

  
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