Budget Committee of the Whole Meeting
BCW#01-21
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(Electronic Meeting pursuant to Section 238(3.3) of the Municipal Act, 2001)
Chair, Joe DiPaola, Regional and Local Councillor

PUBLIC NOTICE
Due to efforts to contain the spread of COVID-19 and to protect all individuals, City facilities will not
be open to the public to attend Council and Committee meetings until further notice.

Public Comments: The public may submit written correspondence regarding agenda matters by email
to clerks@richmondhill.ca. Written correspondence must be submitted by 12:00 p.m. the day before
the meeting. Comments submitted will be provided to all Members of Council, considered as public
information and noted in the public record.

Electronic Delegations: The public may apply to appear as an electronic delegation by video
conference or by telephone. Applications to appear as an electronic delegation must be submitted by
12:00 p.m. the day before the meeting by email to clerks@richmondhill.ca or by using the on-line
application form found on Richmondhill.ca. The Office of the Clerk will provide instructions on
appearing as an electronic delegation.

- Presentation by Raika Sheppard, representative of the Village of Richmond Hill Business Improvement Area (BIA) Board of Management, regarding the 2021 BIA Proposed Budget

  • a) That the 2021 gross operating budget of $127,708 for the Village of Richmond Hill Business Improvement Area as provided within this report be approved; and

    b) That the amount of $100,000 be levied upon the rateable properties in the improvement areas.

- Presentation by David Dexter, Director, Financial Services and Treasurer, regarding the 2020 Operating Forecast, COVID-19 Pressures and Updated Outlook

  • a) That Staff Report SRCFS.21.003 regarding the 2020 Operating Forecast, COVID-19 Pressures and Updated Outlook, be received for information purposes.

- Presentation by David Dexter, Director, Financial Services and Treasurer, regarding the 2021 Draft Operating Budget

  • a) That the 2021 City Operating Budget;

    1. Summarized in Appendix “A” with a recommended budget increase of $0 and a total tax levy of $117,956,300 (excluding supplementary taxes), be adopted;
    2. That the 2021 Seniors Tax Assistance Grant remain at $404;
    3. That the draft By-law No. 7-21, attached as Appendix “D”, be enacted to adopt the 2021 City Operating Budget.
    4. That any financial impact, as a result of Covid-19, be funded by the Safe Restart Agreement funds and staff to provide periodic financial update reports on the operating impact of the Covid-19 pandemic.

    b) That the Capital Asset Sustainability Fee budget increase of $1,179,600 and total fee levy of $6,571,700 for the 2021 taxation year, be adopted;

    c) That the draft By-law No. 8-21, attached as Appendix “E” be enacted to adopt the 2021 Water, Wastewater & Stormwater Budgets;

    d) That the Financial Outlook (attached as Appendix “C”) be received;

    e) That, as required by Ontario Regulation 284/09, Municipal Act 2001, the compliance report attached as Appendix “G” be approved for expenses that have been excluded from the 2021 Draft Budget.

    f) That Council support the review of the Theatre and Staff prepare options for Council consideration to reduce the tax support budget required.

- Presentation by David Dexter, Director, Financial Services and Treasurer, regarding the Capital Project Financial Status Report

  • a) That all capital projects listed in Appendix “A”;

    i. Be closed;

    ii. Projects with unexpended funds be returned to source(s) as identified; and

    iii. Projects with overspent funds be funded as identified.

    b) That Budget and Funding Adjustments, as noted in Appendix “B”, be approved; and

    c) That the Status of Capital Projects List in Appendix “E” be received.