Thetis Island Improvement District Update
Saturday, May 7, 2022 at 9:08AM At a meeting of the Board of Trustees of the Thetis Island Improvement District on May 4th the consolidated financial statements for the year ending December 31st, 2021, were approved. The entire audit package is posted on the TIID site at: https://www.thetisislandfire.ca/tiid/financial/Thetis%20Island%20Improvement%20District%202021%20-Final%20Financial%20Statements.pdf
Highlights of the audit are:
- Maintenance, Operations and Administration were under budget by $17,055
- Capital Projects were over budget by $64,138, primarily due to the Water Tender replacement project.
- The Capital Works (savings) Account increased by $8,288 to $298,122.
Furthermore, the Improvement District will be holding its Annual General Meeting on Saturday July 9th, 2022, at 11 AM at Forbes Hall Community Centre. This public meeting is to receive the audited financial statements for 2021, to report on the operations of the Thetis Island Volunteer Fire Department, the Improvement District, and whatever other items of business may be raised.
One trustees' term is up this year and Bill Dickie has agreed to stand for another term. At the AGM, we will call for nominations from the floor, and if an election is required, we will hold a secret ballot vote at that time.
More information will be posted as we get closer to the AGM.
Any questions, please do not hesitate to call.
Keith Rush
Chair,
Thetis Island Improvement District