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Committee of the Whole/Documents/Finance and Administration Report - Capital Project Update
Staff Report

Finance and Administration Report - Capital Project Update

June 13, 2017Page 261 section

Staff report presenting an update on capital project expenditures and projected completion dates as of May 31, 2017.

June 8, 2017Approved capital expenditures for 2017: $3,024,635

TOWN OF VIEW ROYAL Finance and Administration Report

TO: Committee of the Whole DATE: June 8, 2017 FROM: Steven Vella, Manager of Accounting MEETING: June 13, 2017

Capital Project Update

RECOMMENDATION: THAT the Committee receive the May 31, 2017 Capital Project Report for information.

CHIEF ADMINISTRATIVE OFFICER’S COMMENTS: I concur with the recommendation.

PURPOSE OF REPORT: To provide Council with information regarding Capital Project expenditures and projected completion dates.

INFORMATION: For 2017, the Town has approved capital expenditures of $3,024,635. The attached report outlines expenditures to May 31st, 2017 and current projected completion dates. Staff will continue to monitor progress and will inform Council in a timely manner of any anticipated significant variances from budget.

RECOMMENDATION: THAT the Committee receive the May 31, 2017 Capital Project Update Report for information.

SUBMITTED BY: S. Vella, Manager of Accounting

REVIEWED BY: D. Christenson, Director of Finance

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Extracted from: 2017 06 13 Committee of the Whole Agenda - Agenda - Pdf