BIA annual general meetings
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.