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BIA annual general meetings

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The Annual General Meeting (AGM) for BIA members takes place once a year to address legal and procedural requirements. An AGM ensures the business taxpayers have an opportunity to:

  • provide input on operational matters
  • ask questions of the board and staff
  • run for a board position
  • review and comment on the annual budget

It’s important for the board to prepare for the AGM. The following deliverables are required for the meeting:

  • a report about proposed activities and upcoming budget from the executive director
  • a report including financial statements and budget overview from the auditor
  • Nominations for new board members

The BIA annual budget must be presented to City Council for approval. A more detailed and comprehensive list of recommendations and other AGM related materials can be found in Appendix H.