Budget Committee Minutes City of Peterborough July 25, 2016 Draft Minutes Not Approved

 

Minutes of a Meeting of Budget Committee held on Monday, July 25, 2016 in the Council Chambers, City Hall

 

The meeting of the Budget Committee was called to order at 6:13 p.m. in the Council Chambers.

 

Roll Call:

Councillor Baldwin

Councillor Beamer

Councillor Clarke, Chair

Councillor Haacke

Councillor McWilliams

Councillor Pappas

Councillor Parnell

Councillor Riel

Councillor Therrien

Councillor Vassiliadis

Mayor Bennett

 

 

Disclosure of Pecuniary Interest

 

There were no Disclosures of Pecuniary Interest.

 

Minutes – June 29, 2016

 

Moved by Councillor Parnell

 

That the minutes of the Budget Committee meeting held on June 29, 2016 be approved.

 

“CARRIED”

 

 

Director of Corporate Services

Report CPFS16-015

2017 Budget Guidelines

 

Moved by Councillor Pappas

 

That Council approve the recommendations outlined in Report CPFS16-015, dated July 25, 2016, of the Director of Corporate Services, as follows:

 

a)            That the Draft 2017 Operating Budget reflects an estimated 2.00%
all-inclusive (Municipal, Education and Sewer Surcharge) increase for increased operating costs and traditional support for the capital program.

 

b)           That the Draft 2017 Operating Budget reflect an additional 1.0%
all-inclusive (Municipal, Education and Sewer Surcharge) increase to fund the 2017 increase for tax-supported debt charges and any increase to base capital levy to continue to implement the Capital Financing Policy approved by Council at its meeting held April 23, 2012.

 

c)            That the revised Tax Ratio Reduction Program continues for the 2017 Draft Budget and reflects reductions:

 

i)             to the Commercial and Industrial Class Tax Ratios but not the
Multi-residential Class, and

 

ii)            at the reduced rate established through the 2016 Budget process.

 

d)           That the increase in the Police Services portion of the draft 2017 Operating Budget reflect no more than the Operating portion of Net Tax Levy increase (estimated to be 2.1%), and any increase in the net Police Services budget beyond the estimated Operating Portion of the Net Tax Levy increase be addressed by Council as part of the detailed 2017 Budget deliberations to occur in November of 2016.

 

e)            That the 2017 Highlights Book includes a section on the information gathered through the Public Meeting held on June 29, 2016 and a response to each.

 

 

 

f)        That should Budget Committee wish to make specific changes to the draft operating budget that have an impact of ¼ point or more, staff be requested to provide Council with additional detail on potential options to incorporate the change.

 

“CARRIED”

 

 

Adjournment

 

Moved by Mayor Bennett

 

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

 

"CARRIED"

 

 

Natalie Garnett

Deputy City Clerk

 

Councillor Clarke

Chair