The District of Summerland, British Columbia, Canada
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Council

Finance Committee

The Finance Committee reviews and makes recommendations to Council on the establishment of short, medium and long range plans for maximizing the efficiency and utilization of the District’s financial resources. The Committee reviews and makes recommendations to Council on the annual operating and capital budgets, amendment to the budgets as required, and on any policy the Committee deems necessary. The Committee reviews and recommends to Council the Audit Findings Report, Annual Financial Reports and Financial Information Returns. They also review recommendations of the Auditor’s Year End Letter. The Committee reviews the quarterly Business Planning and Budget updates and Investment Portfolios and forwards them to Council for information. The Committee reviews adjustments to the budget that occur throughout the year from Council and recommends sources of funding for those adjustments. The Committee recommends the financial direction of the organization.

For the agenda of the next meeting of the Finance Committee, click here.

For the minutes of past meetings of the Finance Committee, click here.