Budgetaudit Advisory Board 2016.Pdf[Icon]
Budget/Audit Advisory Board Meeting #1/16 was held at TRCA Head Office, on Friday, April 1, 2016. The Chief Executive Officer Brian Denney, called the meeting to order at 9:35 a.m. PRESENT Colleen Jordan Member Gino Rosati Member John Sprovieri Member ABSENT Maria Augimeri Chair RES.#C1/16 - ELECTION OF CHAIR Moved by: Gino Rosati Seconded by: John Sproveri THAT Colleen Jordan be elected Chair to conduct Budget/Audit Advisory Board Meeting #1/16, held on April 1, 2016. CARRIED ______________________________ RES.#C2/16 - MINUTES Moved by: Gino Rosati Seconded by: John Sprovieri THAT the Minutes of Meetings #2/15, held on June 26, 2015 and #3/15, held on October 16, 2015, be received. CARRIED ______________________________ (a) A presentation by Rocco Sgambelluri, Chief Financial Officer, TRCA, in regard to item 8.1 - 2016 Budget, Operating and Capital. RES.#C3/15 - PRESENTATIONS Moved by: Gino Rosati Seconded by: John Sprovieri THAT above-noted presentation (a) be received. CARRIED ______________________________ 1 Section I – Items for Authority Action RES.#C4/16 - 2016 BUDGET, OPERATING AND CAPITAL Recommends approval of the 2016 operating and capital budget. Moved by: Gino Rosati Seconded by: John Sprovieri THE BOARD RECOMMENDS TO THE AUTHORITY THAT WHEREAS the Conservation Authorities Act (CA Act) provides that a conservation authority, in establishing its annual levy, shall have the power to determine the proportion of the total benefit afforded to all the participating municipalities that is afforded to each of them; THEREFORE LET IT
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