Budget Committee of the Whole Meeting

Agenda

Meeting #:	BCW#05-19
Date:	Wednesday, June 26, 2019 at 1:00 P.m. - 4:00 P.m.
Location:	Council Chambers 225 East Beaver Creek Road Richmond Hill, Ontario

Chair, Joe DiPaola, Regional and Local Councillor

---

1.

Adoption of Agenda

2.

Disclosure of Pecuniary Interest and General Nature Thereof

3.

Delegations

4.

Scheduled Business

4.1

SRCFS.19.016 - Year-End Operating Results as of December 31, 2018

- Presentation by David Dexter, Director, Financial Services and Treasurer

• a) That the overview of the 2018 operating results as detailed in staff report SRCFS.19.016 be received for information purposes;

  b) That the 2018 Operating budget carry-forward items listed in Appendix 'B' to staff report SRCFS.19.016 totaling $119,000 be approved;

  c) That the surplus allocation measures listed in Appendix 'C' to staff report CFS.19.016 be approved.

4.2

SRCFS.19.017 - 2018 Investment Portfolio Results

- Presentation by David Dexter, Director, Financial Services and Treasurer

• a) That staff report SRCFS.19.017 regarding the 2018 Investment Portfolio be received for information purposes.

4.3

SRCFS.19.032 - 2018 Development Charges, Cash in Lieu of Parkland and Section 37 Community Benefits Reserve Funds Statement

- Presentation by David Dexter, Director, Financial Services and Treasurer

• a) That staff report SRCFS.19.032 regarding 2018 Development Charges, Cash in Lieu of Parkland and Section 37 Community Benefits Reserve Funds Statement, be received for information purposes;

  b) That the 2018 Development Charges, Cash in Lieu of Parkland and Section 37 Community Benefits Reserve Funds Statement be made available to the public on the City of Richmond Hill website as outlined in the report.

4.4

SRCFS.19.030 - Richmond Hill Mobility Accessibility Foundation Grant Request

• a) That the Richmond Hill Mobility Accessibility Foundation grant request, as provided in Appendix 'A' to staff report SRCFS.19.030, be received for consideration;

  b) That a grant in the amount of $50,000 be allocated from the Disabled Parking Reserve;

  c) The future Mobility Grant requests be awarded by the Treasurer consistent with approved budgets.

4.5

SRCFS.19.019 - 2020 Capital and Operating Budget Strategy

- Presentation by David Dexter, Director, Financial Services and Treasurer

• a) That report SRCFS.19.019 regarding the 2020 Capital and Operating Budget Strategy be received;

  b) That the 2020 Tax Supported Capital Budget be capped at $14 million;

  c) That staff develop an Operating Budget that supports Council priorities.

5.

Adjournment