Council votes
Decision

2022 Surplus Allocation

Carried 20 Mar 2023The vote
Topic: Economy Categories: Economic Development, Governance & Civic Engagement 1 recorded vote 20 Mar 2023

What it does

Purpose, from an earlier report
To provide the Finance and Audit Committee with information pertaining to the allocation of the 2022 operating surplus.
Staff report, page 1

Votes

  1. 20 Mar 2023other
    Carried 9–0

    That Council approve the allocation of the 2022 operating surplus as follows: General Fund a. RCMP Contract Reserve $3,000,000 b. Snow and Ice Control Reserve $130,000 c. Special Initiatives Reserve $2,300,000 d. Property Acquisition Reserve $2,100,000 e. General Capital Reserve $1,014,855 Total: $8,544,855 Sewer Fund a. Sewer Reserve $224,302 Water Fund a. Water Reserve $198,344

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