Doug Gaetz
The committee met October 8 & 9, 2024 in Ottawa.
Committee had discussed several items including investments and salaries of the national officers. Minutes will be posted when finalized.
It should be noted that the 1st VP handed over the chair to Cosimo Crupi when discussions took place in reference to national officer’s salaries, so there would be no perceived conflict of interest. The committee was in agreement with this.
The committee came up with two recommendation which will be presented by Cosimo Crupi.
RECOMMENDATION# 1
m/s C. Crupi / J. Martel
Be it resolved that regulation 22.2(1) a. b. c. be amended as follows:
22.2 PAY
- The Officers shall be remunerated as provided:
- The President:
$146,349.00$165,047.00 - The 1st Vice-President:
$124,946.00$140,290.00 - The 2nd Vice-President:
$109,278.00$123,786.00
- The President:
The Finance Committee has the following recommendation:
RECOMMENDATION# 2
m/s D. Gaetz / C. Crupi
|
DATE |
LINE ITEM DESCRIPTION | EXPLANATION |
2024 BUDGET |
ACTUAL OR EXPECTED | PREVIOUS OVERAGE | NEW/ADDITIONAL OVERAGE |
|---|---|---|---|---|---|---|
| 25-Nov-24 | Professional Fees: Legal | Over budget approval |
27,000.00 |
170,000.00 |
123,000.00 |
20,000.00 |
| 25-Nov-24 | Audit | Over budget approval |
24,500.00 |
28,862.00 |
|
4,362.00 |
| 25-Nov-24 | Executive Council & UMC | Over budget approval |
358,078.00 |
470,000.00 |
|
111,922.00 |
Respectfully submitted,
Doug Gaetz
Chair of the Committee