PERC AGM Resolution
PERC Annual General Meeting: Resolution Passed
At the Peace and Environment Resource Centre's recent annual general meeting, attendees discussed PERC's partnerships (involving the PEN), finances and priorities.
The group discussed our priority-planning document.
The above document considers 3 themes:
In relation to finances, the group passed the following resolution: “PERC's members hereby resolve to either a) waive both an independent audit and a review engagement, should PERC's income for the 2015-2016 fiscal year be less than $100,000 OR b) have a review engagement rather than a full independent audit, should PERC's income for that period be more than $100,000.”
Why are we doing this? Well, as mentioned in a previous PEN, PERC is subject to some new legal requirements. These requirements come from laws governments recently passed about incorporated charitable groups.
To avoid disproportionate annual spending on an audit in comparison to PERC's small overall budget, PERC's board proposed and successfully obtained approval of the above resolution. (We gave advance notice of this proposed resolution to members in a previous mailing.)
In exciting news, at the annual general meeting the board treasurer announced a recent bequest that could help sustain PERC for years to come.
All of this will help us put PERC’s priorities into action – so be sure to send us your input!