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Nov 29,2011 Finance Committee

 
Agenda             Minutes
 
 
5.1  Funding for Data Collection and Reporting Structure for Traffic Related Data 
 
Moved, seconded and CARRIED
THAT the $2,500 for traffic data collection be included in the engineering budget.
 
 
5.2  2012-2016 Budget Review
 

During staff's review of the Tan gible Capital Asset Replacement Reserve, the follow three directions were given to staff:

THAT staff provide information on potential interest savings from accumulating a debt reserve and repaying debt earlier.

THAT staff provide a 3-year (2013 to 2015) and 5-year (2013 to 2017) scenario for continuing to increment the asset levy by 0.5% each year.

THAT staff provide information on what options are available to accumulate the reserve balance to $2 million.

The Committee requested that staff provide further information on bus stop improvement funding.

 
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