Budget Committee of the Whole Meeting
Agenda

BCW#03-20

Tuesday, October 06, 2020 at 1:30 P.m. - 3:30 P.m.

(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 [email protected]. 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 [email protected] 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.

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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.20.025 – 2020 and 2021 Operating Forecast, COVID-19 Pressures and Updated Cash Flow

- Presentation by David Dexter, Director, Financial Services and Treasurer regarding the 2020 and 2021 Operating Forecast, COVID-19 Pressures and Updated Cash Flow

• a) That the 2020 and 2021 Operating Forecast, COVID-19 Pressures and Updated Cash Flow, outlined in staff report SRCFS.20.025, be received for information purposes.

4.2

SRCFS.20.026 – Financial Sustainability Strategy

- Presentation by David Dexter, Director, Financial Services and Treasurer regarding the Financial Sustainability Strategy

• a) That staff report SRCFS.20.026, regarding the Financial Sustainability Strategy be received; 

  b) That the Financial Sustainability Strategy for the Tax Supported Capital Program, based on the third scenario presented in staff report SRCFS.20.026, be implemented commencing in the 2022 Capital Budget process.

4.3

SRCFS.20.028 - Update on Bill 197, COVID-19 Economic Recovery Act, 2020, and Results of the LPAT Appeal Case DC160010

- Presentation by David Dexter, Director, Financial Services and Treasurer, regarding an Update on Bill 197, COVID-19 Economic Recovery Act, 2020 and Results of the Local Planning Appeal Tribunal (LPAT) Appeal Case DC160010

• a) That the update and initiatives outlined in staff report SRCFS.20.028, be received;

  b) That Staff update three Development Charges By-laws, including the amendment of the City-wide Development Charges By-law to incorporate changes to soft services and two Area Specific Development Charges By-laws by July of 2021;

  c) That Staff update the City-wide Development Charges By-law prior to the end of 2023, to reflect the update of various City-wide plans and studies.

5.

Adjournment