The following table illustrates the area of regulatory oversight to be completed and reported upon by the FMB. Further details regarding the specific components of oversight will be published in the near future – stay tuned!
| Area of Regulatory Oversight (Overview) |
|---|
| The review and approval of annual capital and operational budgets with follow up reporting after the completion of each fiscal year. |
| The establishment and maintenance of accounting framework, financial standards, fiscal policies, and enterprise-wide procedures to be consistent with GAAP and utility functionality. |
| The review and approval of Five-Year Business Plans. |
| Oversight of performance outcomes. |
| The review and approval of Integrated Resource Plan. |
| Regulation of development charges. |
| The review and approval of all secure debentures. |
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