FINANCIAL MANAGEMENT COMMITTEE  

 

MINUTES

 

An Open meeting of the Financial Management Committee was held in the Council Committee Room, Burnaby City Hall, 4949 Canada Way, Burnaby, B.C. on Thursday, 2017 April 13 at 4:30 p.m.

 

 

1.

CALL TO ORDER

 

            PRESENT:    Councillor Dan Johnston, Chair (arrived at 4:58 p.m.)      

                                    Councillor Colleen Jordan, Vice Chair

                                    Councillor Pietro Calendino, Member

                                    Councillor Anne Kang, Member  

                                    Councillor Paul McDonell, Member

           

            STAFF:          Mr. Lambert Chu, City Manager

                                    Mr. Leon Gous, Director Engineering     

                                    Ms. Noreen Kassam, Director Finance

                                    Mr. Dave Ellenwood, Director Parks, Recreation and Cultural Services

                                    Mr. Lou Pelletier, Director Planning & Building

                                    Chief Supt. Stephan Drolet, OIC, RCMP

                                    Mr. Darcy O’Riordan, Deputy Fire Chief

                                    Ms. Shari Wallace, Chief Information Officer

                                    Ms. Beth Davies, Chief Librarian                         

                                    Ms. Blanka Zeinabova, Administrative Officer

 

The Vice Chair called the Open Committee meeting to order at 4:47 p.m.

 

2.

MINUTES

 

a)

Minutes of the Financial Management Committee

Open meeting held on 2017 March 22__________

 

MOVED BY councillor mcdonell

Seconded by councillor calendino 

 

THAT the minutes of the Open meeting of the Financial Management Committee held on 2017 March 22 be adopted.

 

                                                                                             CARRIED UNANIMOUSLY

 

3.

REPORT

 

MOVED BY councillor mcdonell

Seconded by councillor calendino

 

THAT the report be received.

 

                                                                                             CARRIED UNANIMOUSLY

 

a)

Report from the Director Finance

Re: 2017 – 2021 Financial Plan

 

The Director Finance submitted a report seeking approval for the five year 2017 - 2021 Financial Plan.

The Director Finance recommended:

1. THAT Financial Management Committee recommend Council approve the 2017 - 2021 Financial Plan.

2. THAT Financial Management Committee recommend Council authorize staff to bring down the Burnaby Financial Plan Bylaw 2017 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 Council authorize staff to bring down the Burnaby Rates Bylaw 2017 in the amount of $250,575,300 to provide funding for the 2017 fiscal year included within the 2017 - 2021 Financial Plan.

The Director Finance provided a Power Point presentation summarizing the report.

The Committee requested two Parks projects within the Capital Plan be deferred from 2017 to 2018. This change will be reflected in the report and Appendix A.

**Councillor Johnston arrived at the meeting at 4:58 p.m. and assumed the Chair**

 

MOVED BY councillor mcdonell

Seconded by councillor jordan

 

THAT the recommendations of the Director Finance be adopted.

 

                                                                                             CARRIED

                                                                                             Councillor Calendino opposed

 

The Committee inquired regarding the maintenance/removal of problem trees.

 

Staff undertook to provide an update at the next Committee meeting.

 

4.

NEW BUSINESS

 

There was no new business brought before the Committee at this time.

 

5.

INQUIRIES

 

There were no inquiries brought before the Committee at this time.

 

6.

ADJOURNMENT

 

MOVED BY councillor kang

Seconded by councillor jordan 

 

THAT this Open Committee meeting do now adjourn.

 

                                                                                             CARRIED UNANIMOUSLY

 

The Open Committee meeting adjourned at 5:23 p.m.

 

 

 

 

 

 

 

 

 

 

__________________________

____________________________

Blanka Zeinabova

Councillor Dan Johnston

Administrative Officer

Chair

 

No Item Selected