Share to Facebook Share to Twitter Bookmark and Share
File #: 20-455    Version: 1 Name:
Type: Action Report Status: Carried
File created: 8/5/2020 In control: Capital Regional District Board
On agenda: 8/12/2020 Final action: 8/12/2020
Title: 2020 Financial Plan Amendment Panorama Recreation Commission
Attachments: 1. Staff Report: 2020 Financial Plan Amendment Peninsula Rec Commission, 2. Appendix A: Amended 2020-2024 Panorama Rec Center Committee Summary

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)