Floyd Roland
Statements in Debates
Thank you, Mr. Chairman. I guess I would say I agree with the member’s comments on lifecycle costs. It’s something that we have started using as a government and will continue to use. I guess as a bit of a background, the project started in its designing and planning back in 1998-99 and initially started out as a P3 project and went to a standard government project. One of the things that could be happening here is back in 1998-99, rates for power and everything else were significantly different. I will just have to state that, as I noted earlier, that we have taken note and we will be...
Thank you, Mr. Chairman. Mr. Chairman, the accounting rules that come into play here are similar, the same as what we just stated earlier. Once we become aware that there is a potential loss here, or liability, we have to account for it in the year that it occurs. When we make that accounting for it, even though the money hasn’t been spent, it is a liability and goes against our budget. Therefore, it would put us over that budget if we did not account for it, then it could be stated that we were understating our estimates. So we would run into problems around the accounting rules. This...
Thank you, Mr. Chairman. It has been noted and we will be sending the messages. Thank you.
Thank you, Mr. Chairman. It wasn’t a matter of actually paying out. We had accounted for the potential loss and loss in this situation, but we did not have the amount that was required for the total that was called on at that point. Maybe for more detail I’ll have Mr. Voytilla give a going over of this. Thank you.
Thank you, Mr. Speaker. I move, seconded by the honourable Member for Weledeh, that Bill 10, Forgiveness of Debts Act, 2004-2005, be read for the third time. Thank you, Mr. Speaker.
Thank you, Mr. Chairman. I should correct myself on this one. Public Works set up things through the other departments because Public Works used to do the maintenance. It was transferred over to the communities. In the case of Fort Resolution, there were six buildings and they varied from a warehouse where the maintenance was about $1,800; an office warehouse was $11,500; the forestry dock was $2,000; wildlife warehouse was $1,900. So there were the four buildings that were being maintained through an agreement. Thank you.
Thank you, Mr. Chairman. Mr. Chairman, I have with me today Mr. Lew Voytilla, secretary to the Financial Management Board. Thank you.
Thank you, Mr. Chairman. Mr. Chairman, the Minister of Health may have more detailed information to make a response. Thank you.
Thank you, Mr. Chairman. As I stated, we will get the policy and provide that information as to what is covered and what is not covered. Thank you.
Thank you, Mr. Chairman, Supplementary Appropriation No. 4 requests authority for additional appropriations of $2.478 million for operations expenditures for departmental over-expenditures.
The request is being made to comply with the authorization process for over-expenditures of appropriations occurring in the 2003-2004 fiscal year, as provided for in the Financial Administration Act. Details of the over-expenditures are as follows:
$231,000 for the Department of the Executive, Financial Management Board Secretariat, that represents the over-expenditure caused by accruing a $3 million loss...