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CHAIR: Vivien Runnels
PRESENT: Jim Bogues, Ann Frederking, Valerie Hall, Linda Lalonde, Pat O’Driscoll, Tracy Martineau, Marion Washington
REGRETS: Don Collar, Marjorie Gardner, Vern Greenshields, Pauline McNally, Natasha So
STAFF: Gwen Bouchard
The minutes from the January meeting were
approved on a motion proposed by Linda and seconded by
- Net loss in January approximately $2600. Most items were one-time expenses (i.e. programmer).
- Less income in January than previous year due in part to City Grant not included.
- To confirm numbers in coming month.
- Recommend increasing contingency fund to previous levels: about 6 months or approximately $70,000. (Last year was $48k, $56k this year; break down is $30k food, $16k operations, $10k general.)
A motion to increase contingency fund by $8,000 was proposed by Jim and seconded by Linda. The motion was passed.
- Media coverage insurance was raised. A letter from insurance company is to be scanned and forwarded to Board for discussion at future meeting.
- Bank of Montreal GIC came due in December and will look to move to Toronto Dominion.
- Donations last year approximately $77k as compared to over $93k this year.
- Gwen will conduct database training one-on-one.
- Will receive $10.25/hr for 12 weeks (or about $5549) from Canada Summer Jobs.
- Suggest we want 14 weeks at $11.25/hr.
A motion to
support Gwen in continuing previous practice of $1/hr more than minimum wage (for
a total of $11.25/hr this year) plus an additional 2 weeks (for a total of 14
weeks) for the summer student was proposed by Ann and seconded by
Linda briefed the Board on the Poverty Reduction Strategy.
The meeting was
adjourned at