February 1, 2010 - Minutes
 |
Finance Committee
|
Date: |
Monday, February 1, 2010 |
|
Place: |
Anderson Room Richmond City Hall |
|
Present: |
Mayor Malcolm D. Brodie, Chair Councillor Linda Barnes Councillor Derek Dang Councillor Evelina Halsey-Brandt Councillor Greg Halsey-Brandt Councillor Sue Halsey-Brandt Councillor Ken Johnston Councillor Bill McNulty Councillor Harold Steves |
|
Call to Order: |
The Chair called the meeting to order at 6:27 p.m. |
|
|
|
MINUTES |
|
|
|
It was moved and seconded |
|
|
|
That the minutes of the meeting of the Finance Committee held on Monday, January 11, 2010, be adopted as circulated. |
|
|
|
CARRIED |
|
|
|
BUSINESS AND FINANCIAL SERVICES DEPARTMENT |
|
|
1. |
(File Ref. No.:) (REDMS No. 2810540) | ||
|
|
|
Andrew Nazareth, General Manager, Business & Financial Services, advised that the financial figures for the 4th quarter casino revenue are favourable, and in response to a query from Committee, he noted that although casino funding could be utilized for a number of operational needs, it is not preferred as the City should not become dependant on casino revenues to support operational costs. | ||
|
|
|
Discussion ensued and it was noted that: | ||
|
|
|
§ |
some members of Committee wished to see additional expenditures related to a Heritage Conservation Supervisor and the Richmond Intercultural Advisory Committee (RIAC); and | |
|
|
|
§ |
Council should consider a resolution whereby recruitment of vacant management positions are deferred until directed by Council. | |
|
|
|
It was moved and seconded | ||
|
|
|
That the 2010 Operating Budget with a net expenditure increase of $5.10M and a corresponding 3.45% tax increase be approved and form the basis of the City’s 5 Year Financial Plan (2010 – 2014). | ||
|
|
|
The question on the motion was not called as the following amendments were introduced: | ||
|
|
|
It was moved and seconded | ||
|
|
|
That the following be added to the 2010 Operating Budget: and include Heritage Site personnel for $90,980. | ||
|
|
|
DEFEATED
Opposed: Cllrs. Dang E. Halsey-Brandt G. Halsey-Brandt S. Halsey-Brandt Johnston McNulty | ||
|
|
|
It was moved and seconded | ||
|
|
|
That the following be added to the 2010 Operating Budget: and include $2,500 for the Richmond Intercultural Advisory Committee. | ||
|
|
|
DEFEATED
Opposed: Cllrs. E. Halsey-Brandt G. Halsey-Brandt S. Halsey-Brandt Johnston McNulty | ||
|
|
|
The question on the main motion was then called and it was CARRIED with Cllrs. E. Halsey-Brandt, G. Halsey-Brandt, Johnston, and McNulty opposed. | ||
|
|
|
Discussion ensued regarding the replacement of vacant management positions and the funds allocated to each Advisory Committee. As a result of the discussion, the following motions were introduced: | ||
|
|
|
It was moved and seconded | ||
|
|
|
|||
|
|
|
CARRIED | ||
|
|
|
It was moved and seconded | ||
|
|
|
That staff review the budget of each Advisory Committee. | ||
|
|
|
The question on the motion was not called as Committee requested additional information be provided to Council on the activities and sundry expenses for which the funds are used. | ||
|
|
|
The question on the motion was then called and it was CARRIED with Mayor Brodie, and Cllrs. Barnes, Dang, and Steves opposed. | ||
|
|
|
CARRIED |
|
|
|
ADJOURNMENT |
|
|
|
It was moved and seconded |
|
|
|
That the meeting adjourn (6:57 p.m.). |
|
|
|
CARRIED |
|
|
Certified a true and correct copy of the Minutes of the meeting of the Finance Committee of the Council of the City of Richmond held on Monday, February 1, 2010. |
|
_________________________________ |
_________________________________ |
|
Mayor Malcolm D. Brodie Chair |
Hanieh Floujeh Acting Executive Assistant City Clerk’s Office |