Report of the Finance Committee

Finance Committee
Report of the Finance Committee
September 2017

Marc Brière

The Committee has not met since the last meeting of the Executive Council.

However, the Committee reviewed the over expenditures of one line item.

The Finance Committee recommends the following:

Recommendation # 1

Be It Resolved that the following line item be approved for overspending:

UTE
OVER-EXPENDITURES
SEPTEMBER 2017 EXECUTIVE COUNCIL

DATE

LINE ITEM DESCRIPTION

EXPLANATION

2017 BUDGET

ACTUAL+
PROJECTED

OVERAGE

15-Sept-17

Legal (Professional Fees)

Over budget approval

65,000.00

90,000.00

(25,000.00)

Respectfully submitted,

Marc Brière
Chair of the Finance Committee