Report of the Finance Committee

Marc Brière

The Committee met at the UTE National Office on October 17, 18 and 19, 2016.

IN ATTENDANCE: Marc Brière – Chair and 1st National Vice-President, Doug Gaetz – Co-Chair and RVP-Atlantic, Gary Esslinger – Co-Chair and RVP-Prairies, David Webster – Presidents’ Representative and Vice-President Kingston - Local 00011, Stephanie Wolff and Liam Merrigan – Technical Advisors.

The Committee prepared the Budget for the years 2018, 2019 and 2020.

The Committee makes the following recommendations to the Executive Council in regards to the Budget for the years 2018, 2019 and 2020:

Recommendation #1:

Be it resolved that the attached budget be forwarded to the 2017 UTE Triennial National Convention.

Recommendation #2:

Be it resolved that there will be a monthly dues increase in 2018 of $0.75 ($20.50), in 2019 of $0.75 ($21.25), and in 2020 of $0.75 ($22.00). NOTE: this will increase revenue by $225,000 in 2018, $450,000 in 2019, $675,000 in 2020 for a total of $1,350,000.

Recommendation #3:

Be it resolved that $15,000 from the line item PSAC National Convention, to be held in 2018, be used for promotional items for all delegates and observers in order to promote UTE's visibility at the Convention.

Recommendation #4:

Be it resolved that the unused portion of the line items Non UTE Union Events, Education - Regional and Education - National be carried over from year to year until 2020.

Recommendation #5:

Be it resolved that a new budget line item called “Political Action / Campaigns” be created starting from the year 2018; and

Be it further resolved that the budget for this new line item be established in the amount of $150,000; and

Be it further resolved that the unused portion of the line item “Political Action / Campaigns” be carried over from year to year until 2020.

Recommendation #6:

Be it resolved that the unused portion of the line item Regional / Inter-Regional Conferences be carried over from year to year until 2023.

Recommendation #7:

Be it resolved that UTE provides a yearly communication subsidy in the amount of $250 to each Local to help pay, for a period of twelve (12) months, the cost of a data plan; and

Be it further resolved that this communication subsidy be paid to the Locals by UTE National in January 2018, 2019 and 2020; and

Be it further resolved that the Locals must provide proof to the UTE National Office that they have a data plan, within sixty (60) days of receiving the subsidy. Otherwise, the subsidy shall be recouped by the National Office; and

The Committee also makes the following recommendations in regards to the upcoming Convention.

Recommendation #8:

Be it resolved that the 2017 UTE Triennial National Convention Per Diem rates be set at $100 per day for weekdays and $125 per day on the weekend.

Recommendation #9:

Be it resolved that the 2017 UTE Triennial National Convention registration fee be $50.00 per person.

The Committee also makes the following recommendation:

Recommendation #10:

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

UTE
OVER-EXPENDITURES
DECEMBER 2016 EXECUTIVE COUNCIL

I would like to thank the members of the Finance Committee for all of their hard work and deliberation in preparing

Respectfully submitted,

Marc Brière
Chair of the Finance Committee