Title
2020 Financial Plan Amendment Panorama Recreation Commission
Recommendation
That Peninsula Recreation Commission recommends to the Capital Regional District Board:
That the 2020 Panorama Recreation financial plan be amended to reduce the planned transfers to the capital reserve by $411,204 and transfers to the operating reserve by $2,358 to cover the forecasted deficit of $413,562, as a result of the COVID-19 closures and phased re-opening plan, as outlined in Appendix A.
(WP - Sidney, North Saanich, Central Saanich)