Budget Committee of the Whole Meeting
Agenda

BCW#03-21

Tuesday, June 22, 2021 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, 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.

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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.21.009 - Year-End Operating Results as of December 31, 2020

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

• a) That this overview of the 2020 operating results be received for information purposes;

  b) That the 2020 Operating Budget carryforward items listed in Appendix “B” be approved;

  c) That the 2020 Operating Fund deficit of $1,553,200 be fully funded from Safe Restart Agreement monies; and

  d) That the surplus allocation measures for the Water, Wastewater & Stormwater Fund detailed in Appendix “C” be approved.

4.2

SRCFS.21.028 – 2020 Investment Portfolio Results

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

• a) That staff report SRCFS.21.028 regarding the 2020 Investment Portfolio results be received for information purposes; and

  b) That the updated Investment Policy be approved as provided in Appendix “D”.

4.3

SRCFS.21.034 - 2020 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 Council receive staff report SRCFS.21.034 regarding the 2020 Development Charges, Cash in Lieu of Parkland and Section 37 Community Benefits Reserve Funds Statement, for information purposes; and

  b) That the 2020 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.21.032 – 2021 Operating Forecast Q2

- Presentation by Gigi Li, Manager, Fiscal Planning and Strategy

• a) That staff report regarding the 2021 Operating Forecast Q2 be received for information purposes.

4.5

SRCFS.21.031 – Tariff of Fees Update

- Presentation by Gigi Li, Manager, Fiscal Planning and Strategy

• a) That the amended fees for Public Works Operations set out in draft By-law 67-21 (Appendix “B”) be adopted.

  b) That the proposed fees set out in draft By-law No. 68-21 (Appendix “F”) be adopted.

  c) That Council delegate authority to the Treasurer to amend the fees and enact a new By-Law to amend By-Law 68-21 for:

  i) Fees related to contracted municipal services to reflect updated pricing obtained through competitive bids;

  ii) Subsequent nominal increases to Recreation & Culture fees, to account for operational cost increases to adjust to the Covid-19 pandemic guidelines set forth by the Province of Ontario.

  d) That the proposed fees be subject to an additional convenience fee in line with charges incurred, for online payments where applicable.

5.

Adjournment