Community Trends And Performance Report – Volume 1

The City of Winnipeg acknowledges the harms and mistakes of the past, and is dedicated to upholding Indigenous rights, and to moving forward in partnership with Indigenous communities in a spirit of truth, reconciliation and collaboration. [...] The purpose of a police board is to provide: (a) civilian governance respecting the enforcement of law, the maintenance of the public peace and the prevention of crime in the municipality; and (b) the administrative direction and organization required to provide an adequate and effective police service in the municipality. [...] The reallocation of funds provided in a capital budget in excess of the lesser of $100,000 or 25% of the base budget require the approval of the appropriate Standing Committee or the Winnipeg Police Board as applicable. [...] The Charter also states that the capital budget of the City for each fiscal year and each five year capital forecast shall include estimates of the amount needed to acquire or construct each of the works proposed in the budget or forecast, and the anticipated sources of the amount needed for each of those works. [...] Other objectives of the investment portfolio are to prudently manage The City of Winnipeg’s surplus cash position and reserve monies within the context of the following: • Safety of principal; • Risk/return nature of the investments; • Liquidity of the investment; and • The duration and sensitivity to interest rates of the investment portfolio.