Thank you, Mr. Chair. Historically the number in that line item has been between $3 million and $3.5 million, so assume a base of $3.1 million in 2016-17. So when we brought forward the Yellowknife Airport Revolving Fund Initiative we were planning on $3 million incremental revenue in 2016-17 and then $7 million in 2017-18, an additional $7 million to get to $10 million. With deferral of the start of that, you will see the revised main estimate go down to $3.1 million. So we took that $3 million out of 2016-17 and added all the $10 million into 2017-18. I would note that we will carry forward this session, we will have the discussion of the revolving fund, and if we are going ahead with that then we will need to come back to FMB with an adjustment. There will be a number of adjustments that are required to the main estimates in order to properly reflect what is going to be the accounting for the revolving fund and the Yellowknife Airport. Thank you, Mr. Chair.
Mr. Neudorf on Committee Motion 58-18(2): Tabled Document 261-18(2): Main Estimates 2017-2018, Infrastructure, Deferral Of Regional Operations Activity, Carried
In the Legislative Assembly on February 21st, 2017. See this statement in context.
Committee Motion 58-18(2): Tabled Document 261-18(2): Main Estimates 2017-2018, Infrastructure, Deferral Of Regional Operations Activity, Carried
Consideration in Committee of the Whole of Bills and Other Matters
February 21st, 2017
Neudorf
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