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Director reports steady year-end finances, investment policy process and Tiers strategic planning timeline
Summary
Aaron Benoit said year-end finances are unchanged ahead of the Oct. 1 fiscal year start, described the investment policy process under state law and outlined subcommittee plans to bring Tiers recommendations to council in November; Vice Chair Shirley Spears detailed outreach events including an Oct. 9 presentation.
Aaron Benoit, director of planning and development services, delivered the financial report and program update. He told the board the year-end financial picture has not changed and that Oct. 1 begins the new fiscal year when allocations will be assigned to North and South zones. "We are anticipating a number that is still, very close to the 1.2 for this for the South," Benoit said, and added the North looks…
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