Finance and Administration Report - Capital Project Update
Staff report presenting an update on capital project expenditures and projected completion dates as of May 31, 2017.
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



