2017 Budget Amount: $1,003,629.25
This fund was created in Nookmis Budget 2015 with a $900,000.00 initial value. A GIC was created in June 2015 and renewed every 3 months with interest of $3,629.25. For 2016, an additional allocation from income of $100,000 was proposed to bring the total value towards the Unrestricted Infrastructure Reserve for Interim GIC renewal to $1,003,629.25.
