a) That the 2022 City Operating Budget:
- Summarized in Appendix “A” to staff report SRCFS.21.052, with a recommended budget increase of $0 and a total tax levy of $119,676,900 (excluding supplementary taxes), subject to minor changes based on final Municipal Property Assessment Corporation (MPAC) tax roll update in December 2021, be adopted;
- That the 2022 Seniors Tax Assistance Grant remain at $404;
- That draft By-law 138-21, attached as Appendix “D” to staff report SRCFS.21.052, be enacted to adopt the 2022 City Operating Budget;
- That any financial impact, as a result of Covid-19, be funded by the Safe Restart Agreement and/or Provincial Covid-19 Recovery Funds and staff provide periodic financial update reports on the operating impact of the Covid-19 pandemic.
b) That the Capital Asset Sustainability Fee budget increase of $1,196,800 and total fee levy of $7,768,500 for the 2022 taxation year, be adopted;
c) That draft By-law 139-21, attached as Appendix “E” to staff report SRCFS.21.052, be enacted to adopt the 2022 Water, Wastewater & Stormwater Budgets;
d) That the Financial Outlook, attached as Appendix “C” to staff report SRCFS.21.052, be received;
e) That, as required by Ontario Regulation 284/09, Municipal Act 2001, the compliance report, attached as Appendix “G” to staff report SRCFS.21.052, be approved for expenses that have been excluded from the 2022 Draft Operating Budget; and
f) That the 2021 Operating Forecast Q4, attached as Appendix “I” to staff report SRCFS.21.052, be received for information purposes.