PEACE RIVER REGIONAL DISTRICT Bylaw No. 2475, 2022 A bylaw to adopt a Financial Plan for the years 2022 – 2026
WHEREAS, the Board of the Peace River Regional District shall, pursuant to the Local Government Act, adopt by bylaw a five year financial plan; AND WHEREAS, an expenditure not provided for in the financial plan, or the financial plan as amended, is not lawful unless for an emergency that was not contemplated; AND WHEREAS, the public was consulted regarding the plan at a Special Budget meeting held on February 16, 2022; NOW THEREFORE, the Peace River Regional District Board of Directors, in open meeting assembled, enacts as follows: SECTION 1 – GENERAL PROVISIONS 1. This bylaw may be cited for all purposes as the "PRRD Five Year Financial Plan (2022 – 2026) Bylaw No. 2475, 2022." SECTION 2 – SCHEDULES 2. The following schedules are included in and form part of this bylaw: a) Schedule "A" – Summary of Revenues and Expenditures - Five Year Budget Summary b) Schedule “B” – Financial Plan Revenues and Expenditures by Function and Year SECTION 3 – AMENDMENTS 3. As per Local Government Act “For certainty, the financial plan may be amended by bylaw at any time,” this bylaw may be amended in the following manner: a) The Board may authorize amendments to the plan for Emergencies as defined in the Emergencies Program Act; b) Funds may be re-allocated in accordance with the Peace River Regional District’s Purchasing Policy. SECTION 4 – REPEAL 4. “PRRD Five Year Financial Plan (2021 – 2025) Bylaw No. 2437, 2021” and all amendments thereto, are hereby repealed.