Budget Committee of the Whole Meeting
Agenda

BCW#08-23

Tuesday, December 05, 2023 at 1:30 P.m. - 4:30 P.m.

Council Chambers

225 East Beaver Creek Road

Richmond Hill, Ontario

Chair, Joe DiPaola, Regional and Local Councillor

PUBLIC NOTICE

City facilities are open to the public to attend Council and Committee meetings. The public can observe meetings of Council and Committees by attending in-person or by viewing the livestream of the open session part of these meetings which can be accessed on the City’s website (Richmondhill.ca) or on the City’s YouTube page (linked from the City’s homepage).

Public Comments: The public may submit written correspondence regarding agenda items by email to [email protected]. Written correspondence must be submitted by 12 p.m. (noon) one business day before the meeting. Comments submitted will be provided to all Members of Council, are considered as public information and will be included on the public agenda posted to the City's website.

Delegations: Any person who wishes to speak to Council on agenda items must pre-register with the Office of the Clerk by 12 p.m. (noon) one business day before the meeting. Applications to appear as a delegation can be submitted by email to [email protected] or by using the on-line application form found on Richmondhill.ca. Delegations can be in person, or electronically by video conference or telephone. The Office of the Clerk will provide instructions on appearing as a delegation.

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1.

Adoption of Agenda

2.

Disclosure of Pecuniary Interest and General Nature Thereof

3.

Delegations

4.

Scheduled Business 

4.1

SRCFS.23.052 - 2024 Draft Operating Budget

(Deferred from the November 28, 2023 Budget Committee of the Whole Meeting)

Staff will make the following presentations:

• Sherry Adams, Commissioner of Corporate and Financial Services - 2024 Draft Corporate and Financial Services Operating Budget 
• Gigi Li, Director, Financial Services and Treasurer - 2024 Draft Corporate Accounts Budget 
• Darren Solomon, Chief Executive Officer and Sadra Nasseri, Chair, Library Board Finance Committee - 2024 Draft Richmond Hill Public Library Operating Budget

• a) That the Budget Committee of the Whole recommends that the Mayor submit for Council’s review, a 2024 Operating Budget that proposes:

  i. A 2024 Operating Budget increase of $6,087,200 and a total tax levy of $133,887,100 (excluding supplementary taxes), as summarized in Appendix “A” of staff report SRCFS.23.052;

  ii. A 2024 Senior Tax Assistance Grant increase to $432; 

  iii. A 2024 Capital Asset Sustainability Levy budget increase of $1,917,600 and total fee levy of $10,902,100;

  iv. As required by Ontario Regulation 284/09, Municipal Act 2001, the compliance report of expenses excluded from the 2024 Draft Operating Budget, as attached to Appendix “C” of staff report SRCFS.23.052; 

  v. The Reserve and Reserve Fund allocations, as summarized in Appendix “D” of staff report SRCFS.23.052; and

  b) That Budget Committee of the Whole recommends that Council receive for information purposes the Financial Outlook attached as Appendix “E” staff report SRCFS.23.052.

4.2

SRCFS.23.060 - 2024 Draft Rate Supported Operating Budgets

- Presentation by Gigi Li, Director, Financial Services and Treasurer, regarding the 2024 Draft Rate Supported Operating Budgets

• a) That the Budget Committee of the Whole recommends that the Mayor submit for Council’s review, 2024 Rate Supported Operating Budgets that propose:

  i. The Water, Wastewater and Stormwater Management Rates, as identified in Appendix ‘C’ of Staff Report SRCFS.23.060;

  ii. A Water and Wastewater Budget, with a total expenditures budget of $100,423,800, as summarized in Appendix ‘A’ of Staff Report SRCFS.23.060; and

  iii. A Stormwater Management Services Budget, with a total expenditures budget of $5,901,200, as summarized in Appendix ‘B’ of Staff Report SRCFS.23.060.

4.3

SRCFS.23.061 – 2024 Village of Richmond Hill Business Improvement Area (BIA) Proposed Budget

- Presentation by Sina Akhavan, Treasurer and Nicole Moore, Marketing and Events Manager, BIA, regarding the 2024 Village of Richmond Hill Business Improvement Area Proposed Budget

• a) That SRCFS.23.061 regarding the 2024 draft BIA budget and funding be received.

  b) That the Budget Committee of the Whole recommends that the Mayor submit for Council’s review, a 2024 Village of Richmond Hill Business Improvement Area Budget that proposes:

  i) A 2024 Operating Budget of $172,072 as summarized in Appendix “A” of staff report SRCFS.23.061; and

  ii) That $100,000 be levied upon the rateable properties in the improvement area.

5.

Adjournment