HomeMy WebLinkAboutTR-98-87 TOWN OF NEWCASTLE
REPORT File # /Cf'. ° .
Res. #
By-Law #
MEETING: GENERAL PURPOSE & ADMINISTRATION COMMITTEE
DATE: December 21, 1987
REPORT #: TR-98-87 FILE #:
SUB.IECT:
ESTABLISH A NEW RESERVE ENTITLED
INFORMATION & COMPUTER EQUIPMENT - FINANCE DEPARTMENT
RECOMMENDATIONS:
It is respectfully recommended that the General Purpose and
Administration Committee recommend to Council the following:
1. That report TR-98-87 be received; and
2. That the Treasurer be authorized to establish a reserve account
entitled "Information & Computer Equipment Reserve - Finance
Department".
3. That the attached By-law be forwarded to Council for approval.
BACKGROUND & COMMENTS:
With the acquisition of a major in-house computer system, it would be
appropriate to establish a reserve account to help offset the costs of
enhancement to the system.
The centralization of the Town's administration will necessitate
increased peripherals etc. to the system. By creating this reserve,
monies would be provided yearly in the budget to help defray equipment
costs and major enhancement to the system five to ten years hence.
Respectfully submitted, Recommended for presentation
to the Committee
A raff
t
R. Blanchard, rence Kotseff,
Treasurer. Chief Ad i 'strative Officer.
JRB/pp