Council votes
Decision

2024 Project Contingency Allocation

Carried 6 Nov 2023The vote
Topic: Economy Categories: Economic Development, Governance & Civic Engagement, Infrastructure & Public Services 1 recorded vote 6 Nov 2023

What it does

Purpose, from an earlier report
To advise the Finance and Audit Committee of changes in the approach to project plan budgeting and request a project contingency for the 2024 project plan.
Staff report, page 1

Votes

  1. 6 Nov 2023other
    Carried 7–0Absent 2

    That Council: 1. Direct Staff to add a $870,000 project contingency budget for 2024 to the 2024 – 2028 Provisional Financial Plan funded from 2023 surplus; and, 2. Direct Staff to incorporate the new approach to project contingencies in future Financial Plans.

    The voteMinutes, page 5City vote record

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