Corporate Services Committee

That Report CSD 17-2021, dated March 10, 2021, respecting 2020 Year- End Results and Transfer Report, BE RECEIVED and the following recommendations BE APPROVED: 1. That the unaudited summarized financial results of the Niagara Region as detailed in Appendix 1 of Report CSD 17-2021, BE RECEIVED; 2. That the 2020 year-end operating surplus for levy-supported programs including agencies, boards and commissions of $37,306 thousand BE TRANSFERRED as follows:  $69 thousand BE TRANSFERRED from the Accumulated Sick Leave Reserve as per NRPS recommendation to their Board in Appendix 8;  $2 thousand BE TRANSFERRED from the Ontario Police Video Training Alliance (OPTVA) Reserve as per NRPS recommendation to their Board in Appendix 8;  $6,600 thousand BE TRANSFERRED to the Hospital Contribution Reserve (to be formally established in CSD 19- 2021) to fund the committed contribution to the new West Lincoln Hospital; Corporate Services Committee Open Session Minutes CSC 3-2021 March 10, 2021 Page 3  $230 thousand related to the Niagara Foreign Trade Zone (NFTZ) and Foreign Direct Investment activities BE TRANSFERRED to the Taxpayer Relief Reserve to fund the 2021 NFTZ and investment attraction activities in collaboration with Team Niagara;  $30,547 thousand BE TRANSFERRED to the Taxpayer Relief Reserve; 3. That the 2020 year-end operating surplus for rate-supported programs of $4,222 thousand BE TRANSFERRED to reserves as follows:  $1,493 thousand BE TRANSFERRED to the Waste Managemen

That the following items BE RECEIVED for information: CSC-C 10-2021 COVID-19 Response and Business Continuity in Corporate Services CSD 14-2021 Motion by the Municipality of Charlton and Dack respecting the Cost of Municipal Insurance CSD 20-2021 Review of Niagara Region Financial Condition CSC-C 8-2021 Statement of Remuneration and Expenses for Members of Council and Council Appointees for 2020