Finance Committee Meeting – March 17, 2003

 

Budget Committee Minutes

City Of Peterborough

June 18, 2012

 

 

Minutes of a Meeting of Budget Committee Held on June 18, 2012, in the Council Chambers, City Hall

 

The Budget Committee meeting was called to order at 6:01 p.m. in the Council Chambers.

 

Roll Call:

Councillor Beamer

Councillor Clarke, Chair

Councillor Doris

Councillor Hall

Councillor Juby

Councillor McWilliams

Councillor Pappas

Councillor Parnell

Councillor Riel

Councillor Vass

Mayor Bennett

 

 

Minutes – April 4, 2012

 

Moved by Councillor Pappas

 

That the minutes of the Budget Committee meetings held on April 4, 2012 be approved.

 

“CARRIED”

 

 

Disclosure of Pecuniary Interest

 

There were no declarations of pecuniary Interest.

 

 

 

 

 

 

Director of Corporate Services

Report CPFS12-039

2013 Budget Guidelines

 

Moved by Councillor Parnell

 

That Council approve the recommendations outlined in Report CPFS12-039, dated June 18, 2012, of the Director of Corporate Services, as follows:

 

a)            That the Draft 2013 Operating Budget reflect a 2% all-inclusive (Municipal, Education and Sewer Surcharge) tax increase for increased operating costs and traditional support for the capital program.

 

b)           And that the draft 2013 Draft Operating Budget reflect an additional 1% all-inclusive (Municipal, Education and Sewer Surcharge) tax increase to fund the 2013 increase for tax-supported debt charges and capital levy to implement the new Capital Financing Policy approved by Council at its meeting held April 23, 2012. 

 

c)          That the 2013 Draft Budget reflect reductions to the Commercial and Industrial Classes Tax Ratio in accordance with the Tax Ratio Reduction Program but not the Multi-residential Class.

 

d)       That if the 2013 Police Services Budget submitted by the Board cannot be accommodated within the 2% general increase without significantly impacting other areas of the budget, staff report back to Council for further direction before the draft budget is submitted  

 

“CARRIED"

 

 

Other Business

 

There was no Other Business

 

 

Adjournment

 

Moved by Councillor Pappas

 

That this meeting of Budget Committee adjourn at 6:27 p.m.

 

“CARRIED"

 

 

 

John Kennedy

City Clerk

 

 

 

Councillor H. Clarke

Chair

 

 

 

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