At the June 27, 2016 regular Council meeting, staff presented Council with the annual Statement of Financial Information (SOFI) for the year ending December 31, 2015. According to provincial regulation, this annual document has to be prepared and filed with the provincial government, Ministry of Finance, by June 30, 2016.
Because it was not available for public viewing prior to the meeting, and because the public can only speak to items on the agenda, Council will be receiving the SOFI at the next regular Council meeting, scheduled for July 11, 2016. That will allow for comments on the SOFI, should the public have any.
As was noted by both staff and Council at the June 27, 2016 meeting, the numbers presented in this annual document have been audited and are not negotiable. They simply are what they are. Should any member of the Sooke public feel the need to share a comment with Council about the SOFI, you can do so at the July 11, 2016 regular Council meeting. That meeting will also be the last regularly scheduled Council meeting until September.
The SOFI document includes statement of operations, long term debts, severance payments (none for 2015), employee remuneration over $75,000, Councillor and Mayor remuneration, supplier payments over $25,000, and grants paid, and more.