Receive the report regarding the 2020 Year End Variances for the general (taxation funded), wastewater (sanitary sewer) and water funds; and
Approve the taxation supported surplus of $1,578,084 for the year ended December 31, 2020, and
Approve a transfer of $1,376,406 to the Working Funds Reserve, and
Approve a transfer to the Legal reserve of $129,293 representing the 2020 surplus in the Legal expense account budget, and
Approve a transfer to the Insurance reserve of $73,384 representing the 2020 surplus in the overall insurance claims expense account budget, and
Approve a transfer of $283,375 to the Building Services – Operating reserve fund to transfer the 2020 Accumulated Net Surplus per the draft 2020 Building Services Statement; and
Approve a transfer of $491,562 representing a surplus from Wastewater (sanitary sewer) operations for the year ended December 31, 2020 to the Wastewater (Sanitary Sewer) Reserve Fund; and
Approve a transfer of $189,600 representing a surplus from Water operations for the year ended December 31, 2020 be transferred to the Water Reserve Fund.