File #: TMP-24802    Version: 3 Name:
Type: Presentation - AC/RC Status: Received
File created: 9/23/2019 In control: Finance and Corporate Services Committee
On agenda: 10/2/2019 Final action: 10/2/2019
Title: PRESENTATION CONCERNING A FINANCIAL UPDATE Jennifer Cowles, Senior Manager of Corporate Finance and Investments provided a presentation concerning a Financial Update. Ms. Cowles discussed slides concerning the following topics: * The state of the economy and the potential effects on the City's financial position; * An outline of the City's Capital Plan commitments; * A comparison of Bill 108 regulations between hard and soft services; * The legislative changes to the Growth Implementation Capital Financing Strategy between 2014 to 2019; * The provincial financial pressures faced by the municipalities Services Partners; * The potential capital funding options; and * The next steps. Members of Committee asked a numbers of questions related to the information provided and received responses from City staff.
Attachments: 1. 191002 Presentation Financial Update

Title

PRESENTATION CONCERNING A FINANCIAL UPDATE

 

Jennifer Cowles, Senior Manager of Corporate Finance and Investments provided a presentation concerning a Financial Update.

 

Ms. Cowles discussed slides concerning the following topics:

 

•                     The state of the economy and the potential effects on the City’s financial position;

•                     An outline of the City’s Capital Plan  commitments;

•                     A comparison of Bill 108 regulations between hard and soft services;

•                     The legislative changes to the Growth Implementation Capital Financing Strategy between 2014 to 2019;

•                     The provincial financial pressures faced by the municipalities Services Partners;

•                     The potential capital funding options; and

•                     The next steps.

 

Members of Committee asked a numbers of questions related to the information provided and received responses from City staff.