City opts for flexible 15 per cent reserve allocation for 2016 Capital & Operations budget

first_imgFORT ST. JOHN, B.C. — Out of four scenarios for the Capital/Operations budget presented in yesterday’s Committee of the Whole, a 15 per cent scenario that would allow room for a maximum of 20 per cent and a minimum of 10 per cent was chosen by Council.This scenario sees 15 per cent reserve allocation, and all the projects listed in Scenario 1, with more room for Office Equipment and replacements in the budget.Credit: City of Fort St. JohnCredit: City of Fort St. John- Advertisement –Credit: City of Fort St. JohnCredit: City of Fort St. JohnWith the implementation of this flexible model would come the implementation of a policy to properly handle the budget and projects; City Manager Dianne Hunter says a higher percentage means more commitment to putting money away, and a lower percentage means addressing the needs of the city immediately.“There’s no right or wrong in the numbers — there’s no magic in the numbers, but they do speak to two different philosophical approaches to your financial sustainability,” she said.Advertisement The model sees no reserve allocation in Transportation — the section which receives the most funding from the Peace River Agreement — and slightly less in equipment reserve allocation than the 20 per cent scenario.last_img read more

Australian Open 2019: Bautista Agut upsets Cilic to make Australian quarter-finals

first_imgRoberto Bautista Agut held firm in a tense five-set duel to knock sixth seed Marin Cilic out of the Australian Open and book his maiden Grand Slam quarter-final on Sunday.The 22nd-seeded Spaniard captured the decisive break in the ninth game of the final set before serving out strongly to claim a 6-7(6) 6-3 6-2 4-6 6-4 win at Margaret Court Arena.Bautista Agut, who had lost the fourth-round match of a Grand Slam in each of his nine previous attempts, threw his arms up in the air and roared in triumph.Objective complete Congratulations @BautistaAgut #AusOpen #AusOpen (@AustralianOpen) January 20, 2019It was Bautista Agut’s third five-set win this week at Melbourne Park, continuing a remarkable run that has also included victories over an injury-hobbled Andy Murray, Australian John Millman and 10th seed Karen Khachanov.”I’ve been playing very good tennis,” the 30-year-old said. “I did a great job this pre-season and it’s been a great month for me and for my tennis.”Finally On his 25th appearance, @BautistaAgut knocks out the 2018 #AusOpen runner-up Marin Cilic 6-7(6) 6-3 6-2 4-6 6-4 to advance to his very first Grand Slam quarterfinal. #AusOpen (@AustralianOpen) January 20, 2019Bautista Agut will next face 20-year-old Greek Stefanos Tsitsipas, who overcame defending champion Roger Federer in one of the biggest upsets of the tournament this year.”Now I want to recover well, to enjoy the win I had today. We will see on Tuesday,” he added.In a splendid start to the season, Bautista Agut claimed his ninth career title at the Qatar Open earlier this month, beating Stan Wawrinka, Novak Djokovic and Tomas Berdych in consecutive matches to lift the trophy.advertisementAlso Read | Sharapova snaps at journalists over questions on meldonium, crowd booingAlso Read | Australian Open: Nadal thrashes Berdych to reach quarters, Tiafoe beats Dimitrov on birthdaylast_img read more