2018-02-06 Planning & Environment Committee Agenda

PLANNING & ENVIRONMENT COMMITTEE MEETING AGENDA   6 FEBRUARY 2018




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PLANNING & ENVIRONMENT COMMITTEE MEETING AGENDA                                          6 FEBRUARY 2018

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       NBRF ANNUAL REPORT 2016/17                                            Me Ay          ;
                                                                              EN Mele lelalie)

       BALANCE SHEET

       NBRF has no significant capital assets.
       Our total assets are $717,639 of which $704,009 are the Foundation’s deposits.
       Total liabilities total $636,283 of which future liabilities for projects are $634,556.
       This figure includes $250,000 for environmental grants and $80,000 for economic projects. The remainder
       of $304,556 covers on going commitments to major projects approved in the first grant round.
       The difference between assets and liabilities is a surplus on operational expenditure of $81,346 carried
       forward to 2017/18.

       We would be happy to answer any more detailed questions but hope this gives an easily digested picture
       of Fiscal 2016/17.

       3. ACTIVITY REVIEW

       As previously mentioned, 2016/17 was primarily a year of consolidation. However, towards the end, we set
       in hand the first part of the “Back to Basics” program discussed earlier.
       The four priority areas actioned immediately were:-
           1. Work with the Constitution to clarify roles and have common objectives and vision - CLEAR
               OBJECTIVES

           2. An involved team with staff in support - TEAMWORK
           3. Drive home current projects - EXISTING PROJECTS
           4. Have another round of EOI big ideas projects (not necessarily big money) as soon as practical
               without the previous hassles so that we get projects community driven - NEW GRANT ROUND

       These are now discussed in detail:-

       3.1 Clear Objectives
       In general, we are a relatively new Board of Directors and so we spent some time at an early workshop
       going through the Constitution and procedural policies to ensure we were all on the same page.

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