FIRST MEETING OF THE
2009 BUDGET SUB-COMMITTEE
CANADA ROOM,
OCTOBER 27, 2008
MINUTES
Budget
Sub-Committee: Councillor D. Horchik, Chair Regional Councillor T. Wong Deputy Mayor J. Heath Councillor V. Burke Councillor E. Shapero Councillor J. Webster Councillor L. Kanapathi Councillor A. Chiu Regrets: Regional Councillor J. Jones Councillor C. Moretti |
Staff J. Livey, Chief
Administrative Officer J. Baird,
Commissioner of Development Services A. Taylor,
Commissioner of Corporate Services B. Librecz,
Commissioner of Community and Fire Services B. Cribbett,
Treasurer S. Laing, Director,
Human Resources J. Lustig, Director
of Financial and Client Services A. Tang, Manager,
Financial Planning J. Kee, Committee
Clerk |
The First 2009 Budget
Sub-Committee meeting convened at the hour of 1:00 p.m. with Councillor D.
Horchik in the Chair.
1. 2009
BUDGET SCHEDULE & BUDGET PROCESS
Mr. Joel Lustig,
Director of Financial and Client Services, briefly reviewed the Agenda for the
Budget Sub-Committee meeting this date.
Members were advised
that Budget Sub-Committee meetings have been scheduled as follows for the 2009
Budget process:
Monday, October 27
Monday, November 3
Monday, November 24,
and
Monday, December 8th
The Director of Financial
and Client Services reviewed the Town’s 2009 Budget process advising that the
preliminary budget is based on a combination of the fiscal scan/economic
forecast, Business Plans Incorporating E3, the Reserve Studies, the Recreation,
Library, Culture & Parks Master Plan, Councillor Requests, and the
Development Charge Background Study. He
advised that the preliminary budget is reviewed by the Department Heads Forum
(Capital only); the CAO and Commissioners’ Committee; and extensively reviewed
by the Budget Sub-Committee, and public input is obtained prior to Council
approval.
The Chair advised
Members that a meeting has been scheduled at Noon on November 3rd,
prior to the Budget Sub-Committee meeting at 2:00 p.m.
2. FISCAL
SCAN
The Director of Financial and Client Services provided detailed
information relating to the many budget pressures and economic environment that
must be taken into account when preparing the current budget. These include: wage settlements; municipal
service contracts, such as winter maintenance, street lights and waste
collection; infrastructure, such as stormwater management, cycling &
pathway system, landfill, and non-growth share of development charges hard
services; growth, such as the ramp up for the new fire station and the
next library/recreation facility; provincial legislation, such as
compliance with the Customer Service Standard Act (Accessibility) and
compliance with the Safe Drinking Water Act; and economic trends,
including: inflation, stock market indexes and fluctuating gasoline prices.
An additional factor impacting the Budget for 2009 is the E3 Initiative, endorsed by Council in June of 2008. The E3 objective is to review services to find as many efficiencies as possible, to maximize revenue opportunities, and to minimize tax rate increases while maintaining a focus on customer and staff satisfaction. Mr. Lustig advised that the total operating impact of budget pressures for 2009 is estimated to be approximately $8.6M.
Members queried the following items relating to the budget pressures:
3. 2009
PROPOSED OPERATING BUDGET
2009 Base Operating Budget Assumptions
The Director of
Financial and Client Services advised that by following an incremental
budgeting method, all accounts are at the 2008 base budget levels, of which
some have been reallocated/reduced accordingly, and have also been adjusted to
account for an expected increase in investment income, and assessment growth of
2%.
He also advised that
allowances have been made for expected increases relating to salary and
benefits for existing full time and part time staff; ramp-up for the East
Markham Fire Station, and the next library/recreation facility.
In addition, Mr.
Lustig advised that allowances have been made for contract price escalations;
winter maintenance requirements; insurance; and the ramp-up for the Canadian
Sports Institute Ontario (CSIO).
2009 Preliminary Operating Budget
The Director of
Financial and Client Services reviewed the 2009 Preliminary Operating Budget
Summary, with detailed Revenues, and detailed Expenditures, excluding Building
Standards, and Waterworks. Committee was
advised that the projected shortfall and tax rate increase is currently at $6.86M
and 6.68% respectively.
Options to Reduce the Operating Budget
Shortfall
Mr. Lustig noted that
E3 Initiatives to date have increased revenues by $0.76M, and reduced
expenditures by $2.02M, providing a total Budget impact of $2.78M and thus
reducing the projected shortfall and tax rate increase to $4.08M and 3.98%
respectively.
Committee noted that
any additional E3 initiatives would further reduce the projected shortfall.
4. 2009
PROPOSED CAPITAL BUDGET
Funding Sources
The Director of
Financial and Client Services explained the “pie” breakdown of the funding
sources of the 2009 Proposed Capital Budget, as follows:
Expenditure Types
The Director of
Financial and Client Services reviewed the 2009 Proposed Capital Budget,
totalling $106.3M, by “expenditure types”.
In response to a query of Committee, staff advised that a presentation is going to Development Services Committee regarding the schematic design for the East Markham Community Centre & Library on October 28th, and that the total project cost estimate for the entire project remains at $70.4M. It was noted that $14.5M is included in the 2009 Budget, as it is expected that the project tender will be awarded in 2009.
There was some
discussion regarding the Engineering projects, new roads/infrastructure, etc.,
and staff was requested to prepare detailed information for the next meeting separating
each of the engineering capital projects between new roads and other infrastructure/studies.
In response to
Committee’s request for more information, staff advised that they will be
reviewing, in detail at the next meeting, the mechanics of the Life Cycle
Replacement & Capital Reserve Fund.
Highlights of the 2009 Proposed Capital Budget
The Director of Financial and Client Services reviewed the highlights of the 2009 Proposed Capital Budget by categories, as follows:
- Environment
- Growth
- Transportation & Transit
- Service levels
- Parks, Recreation, Culture & Library Master Plan/Public Safety
- Diversity
Committee queried the projects and related funding for the waste management initiatives, suggesting that the dollar amount appeared low, given the number of initiatives listed. Staff advised that details will be presented at the next meeting with respect to the programs and expenses.
Members raised questions relating to the following projects:
The line item, “Second Fire Station”, was raised, and Committee requested staff to change all future reference to “East Markham Fire Station”. In addition, it was noted that it is most important that details be presented to Committee and the public with respect to how operating cost savings will be monitored with the upgraded standards, higher quality design, and cost-saving technology for new buildings, including the fire station. Reporting methods regarding the reduction of operating costs, how the Town is capturing and evaluating them, investment vs payback, both short term and long term, will be presented at a future meeting.
In response to a request by Committee as to whether there would be information presented on how the 2009 Budget correlates to Click With Markham, staff advised that a presentation will be given on this matter when presenting to the public.
Moved by Regional Councillor T. Wong
Seconded by Councillor J. Webster
That the presentation given by the Director of Financial and Client Services respecting the 2009 Budget Schedule; Budget Process; Fiscal Scan; 2009 Proposed Operating Budget; and 2009 Proposed Capital Budget, be received.
CARRIED
5. NEXT
STEPS
Members were advised that the next meeting of the Budget Sub-Committee is scheduled for the following date, and all Members are to bring their Capital Budget Binders to the meeting:
Monday, November 3rd, 2008
2:00 p.m. to 4:00 p.m. in the Canada Room
The Chair reminded Members that a brief meeting has been scheduled at Noon on November 3rd prior to the Budget Sub-Committee meeting at 2:00 p.m.
ADJOURNMENT
Moved by Councillor V. Burke
Seconded by Councillor L. Kanapathi
That the First 2009 Budget Sub-Committee meeting adjourn. (2:00 p.m.)
CARRIED