FINANCE AND AUDIT COMMITTEE
PUBLIC MEETING
AGENDA

-
Via Zoom
Public Link - https://sd23.zoom.us/j/813294711

The Central Okanagan Board of Education acknowledges that this meeting is being held on the unceded, Traditional Territory of the Okanagan People. 

 

1.

Additions/Amendments/Deletions

(Attachment)

  • STAFF RECOMMENDATION:

    THAT: The Finance and Audit Committee forward to the Board of the Education the recommendation:

    THAT:  The Board of Education set the Trustee Indemnity, in accordance with the most recent BC Consumer Price Index of 2.3% for the period July 1, 2020 to June 30, 2021 thereby setting the stipends at: Trustee - $21,650, Vice Chair - $22,866, Chair - $24,713.

September

  • Presentation: Audited Financial Statements for the Fiscal Year
  • Audited Financial Statements for the Fiscal year (Action Item)

November

  • Financial Update at September 30th School District No. 23 (Central Okanagan) Budget Development Principles
  • School District No. 23 (Central Okanagan) Budget Development Timeline

January

  • Amended Annual Budget for the Fiscal Year
  • Ministry Recalculation Allocation – School District No. 23 and Provincial
  • Financial Update at December 31st
  • Budget Survey development
  • Annual Review of Committee's Mandate, Purpose and Function

February

  • Budget Presentation

April (1st Meeting)

  • Overview of Budget Allocation
  • Budget Consultation Input Received
  • Trustee Indemnity for the 2020-2021 Fiscal Year

April (2nd Meeting)

  • Central Okanagan School District Preliminary Budget Proposal – Superintendent’s Budget Recommendations
  • Financial Report at March 31st

May

  • Auditor’s Report to the Finance and Audit Committee – Initial Communication on Audit Planning for the Year
  • Annual CommunityLINK Allocations
  • Financial Update - International Education Program

June 

  • School District No. 23 (Central Okanagan) Annual Budget for the Fiscal Year

All meetings start at 4:00 pm.

April 15, 2020, May 20, 2020, June 17, 2020

September 16, 2020, October 21, 2020, November 18, 2020