Budget Committee of the Whole Meeting
Agenda

BCW#02-21
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(Electronic Meeting pursuant to Section 238(3.3) of the Municipal Act, 2001)
Chair, Joe DiPaola, Acting Mayor

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. The public can observe meetings of Council and Committees 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 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.

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

  • a) That staff report SRCFS.21.021 regarding the 2021 Operating Forecast Q1, be received for information purposes.

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

  • a) That staff report SRCFS.21.012 regarding the 2022 Capital and Operating Budget Strategy be received;

    b) That staff present a 2022 Draft Capital Budget and Forecast that:

    1. Continues to manage the City’s capital program reflective of corporate priorities;
    2. Maximizes all funding from external sources, development charges and reserve funding;
    3. Incorporates Capital Sustainability Committee Outcomes;
    4. That the Tax Supported Capital Program be capped at $16 million dollars;
    5. Leverages the Enterprise Asset Management/Asset Management Plan to prioritize asset needs.

    c) That staff present a 2022 Draft Operating Budget that:

    1. Supports Council priorities;
    2. The tax rate increase be no more than 0%;
    3. The operating budget considerations outlined in staff report SRCFS.21.012 be used as a guideline in the development of the 2022 Operating Budget.

    d) That staff present a 2022 Draft Water, Wastewater and Stormwater Budget that reflects the wholesale rate increase from Region of York and reflects approved factors from the Water/Wastewater Financial Plan and the Stormwater Financial Plan; and

    e) That staff be directed to proceed with the 2022 Budget process in accordance with the timetable outlined in Appendix “A” and guidelines described in staff report SRCFS.21.012.