The Director Finance submitted
a report seeking approval for the five year 2018 - 2022 Financial Plan.
The
Director Finance recommended:
1.
THAT the Financial Management Committee recommend Council approve the
2018 – 2022 Financial Plan.
2.
THAT the
Financial Management Committee recommend Council authorize the City Solicitor
to bring forward the Burnaby Financial Plan Bylaw 2018 authorizing the
proposed funding sources, proposed expenditures, and proposed transfers
between funds as set out for each year in the planning period as shown in
Schedule A attached hereto and forming part of this report.
3. THAT the Financial Management Committee
recommend Council authorize the City Solicitor to bring forward the Burnaby
Rates Bylaw 2018 in the amount of $261,539,200 to provide funding for the
2018 fiscal year included within the
2018 – 2022 Financial Plan.
**Councillor Johnston arrived at the
meeting at 4:43 p.m. and resumed the Chair**
The
Director Finance provided a PowerPoint presentation summarizing the report, and
noted the few changes made from the Provisional Report.
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