Good morning, members of the board.
I want to thank Mrs. Block, who is going to do a presentation in detail on the conference for which we are seeking your approval today. Mrs. Block gave a presentation to the subcommittee on committee budgets—SBLI—on behalf of the Standing Committee on Public Accounts, on March 12. Her request was approved unanimously by the members of the subcommittee. I now present the request, of course, to the board for approval, as is the process.
The budget before you is based on the participation of 110 delegates and 25 accompanying persons. The conference will take place basically over two days, from Sunday afternoon until Tuesday afternoon when folks would depart.
The cost of the conference is shared between CCPAC and CCOLA in an approximate sixty five-thirty five split, depending on the participation of each group, with CCPAC absorbing the greater percentage because there are more CCPAC members participating than the CCOLA members. That also means that the revenues generated by the conference fees are split in the same way.
You'll see in the budget document that the global cost is $97,785. The PACP's share of that cost is $27,000 once the conference fees are calculated.
The committee is asking that a maximum of $42,000, including anticipated revenues for registration fees, in temporary funding be provided for the organization of the conference in 2022.
I believe Mrs. Block wanted to now speak to the issue, as well.