Marc Brière
The Committee has not met since the last meeting of the Executive Council.
However, the Committee reviewed the over expenditures of some line items.
The Finance Committee recommends the following:
Recommendation # 1
Be It Resolved that the following line items be approved for overspending:
UTE
OVER-EXPENDITURES
SEPTEMBER 2012 EXECUTIVE COUNCIL
|
DATE |
LINE ITEM DESCRIPTION |
EXPLANATION |
BUDGET |
ACTUAL |
OVERAGE |
|
30-Jun-12 |
PSAC Triennial Convention |
Over budget approval |
50,000.00 |
51,031.23 |
(1,031.23) |
|
|
|
|
|
|
|
|
31-Aug-12 |
Legal Fees |
Over budget approval - Staff Grievances |
25,000.00 |
34,509.35 |
(9,509.35) |
|
|
|
|
|
|
|
|
30-Jun-12 |
Relocation-President/Vice-President |
Over budget approval - Betty's closing costs |
- |
2,654.41 |
(2,654.41) |
|
Hotel & Per Diem-8,125.00 |
1st VP relocation costs |
- |
25,000.00 |
(25,000.00) |
|
|
Kms-1,500.00 / House Buying-14,605.00 |
25K was left unspent in 2011 Budget. Council was advised in Dec/11 |
|
|
|
|
|
|
|
|
|
||
|
31-Aug-12 |
EO Regional Conferences |
Over budget - 60K - 11K passed - Mar/12 |
397,560.00 |
457,527.23 |
(48,967.23) |
|
|
Over budget approval - 49K - Travel Grants |
|
|
|
|
|
31-Jul-12 |
Presidents' Conference |
Over budget approval - 50K |
556,500.00 |
606,157.59 |
(49,657.59) |
|
|
Based on Mar/12 Presidents' Conference actual costs |
|
|
|
Respectfully submitted,
Marc Brière
Chair of the Finance Committee