Report of the Finance Committee

Finance Committee
Report of the Finance Committee
March 2021

Doug Gaetz

UTE
Over-expenditures
February 2021 Executive Council

Recommendation # 1

m/s     Doug Gaetz /

Be it resolved that the following line item be approved for overspending:

DATE

LINE ITEM
DESCRIPTION

EXPLANATION

 2020 BUDGET

 ACTUAL OR
EXPECTED

 OVERAGE

31-Dec-20

Vacation Leave

Over budget approval

18 000,00

74 583,55

56 583,55

Recommendation # 2

m/s     Doug Gaetz /

Be it resolved that the following line item be approved for overspending:

DATE

LINE ITEM
DESCRIPTION

EXPLANATION

 2021 BUDGET

 ACTUAL OR
EXPECTED

 OVERAGE

26-Feb-21

Accounting Software & Maintenance

Over budget approval

7 000,00

8 000,00

1 000,00

Respectfully submitted,

Doug Gaetz
Chair of the Committee