At the July 28 qathet Regional District (qRD) board meeting, directors approved the planning process recommended by staff for the 2023-2027 five-year financial plan, which must be adopted by March 31 each year.
The planning process provides for a first draft of the five-year financial plan in November, the second in December, the third in January 2023 and adoption in February 2023.
According to a staff report, input into the financial plan began in July. The due date for input from staff and board committees has been set for September 30, and information gathered through this process will be compiled into what becomes the recommended five-year financial plan package.
At a meeting on July 13, the qRD finance committee recommended the board approve the 2023 to 2027 planning process as proposed.