TAMRMS#: B06
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Operating & Capital Carry Forwards & Completed Projects
Presented by: Anne Victoor, Manager, Financial Services
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RECOMMENDED MOTIONS
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1. That the 2020 Municipal Capital Carry Forward amount of $195.3 million, which includes a $309 thousand net budget increase, as detailed in the document entitled “Municipal Capital Projects - Carry Forward”, provided as an attachment to the February 16, 2021 agenda report be approved.
2. That the residual balances remaining in the 2020 Municipal Capital closed projects in the amount of $717 thousand as detailed in the document entitled "Municipal Capital Projects - Closed", provided as an attachment to the February 16, 2021 agenda report be uncommitted within their respective funding sources.
3. That the 2020 Utility Capital Carry Forward amount of $48.7 million, which includes a $200 thousand budget decrease, as detailed in the document entitled "Utility Capital Projects - Carry Forward”, provided as an attachment to the February 16, 2021 agenda report be approved.
4. That the residual balances remaining in the 2020 Utility Capital completed projects in the amount of $2.1 million as detailed in the document entitled "Utility Capital Projects - Closed", provided as an attachment to the February 16, 2021 agenda report be uncommitted within their respective funding sources.
|109|That the 2020 Municipal and Utility Operating Carry Forward amount of $6.0 million, as detailed in “Operating Carry Forwards”, provided as an attachment to the February 16, 2021 agenda be approved.
6. That reserve balances be updated to reflect the realized net savings from completed Municipal and Utility Operating projects as detailed in the attachment titled “Completed Operating Projects With Residual Balances” provided as an attachment to the February 16, 2021 agenda report.
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PURPOSE OF REPORT
This report provides Council with an overview of the Municipal and Utility Carry Forwards and Closed Proje...
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