File #: EMT001    Version: 1 Name:
Type: Staff Report Status: To Be Introduced
File created: 2/2/2023 In control: General Committee
On agenda: 2/9/2023 Final action: 2/9/2023
Title: 2023 BUSINESS PLAN AND BUDGET (CARRYOVER OF OPERATING IF REQUIRED, CITY RATE APPROVALS, CAPITAL BUDGET, BY-LAW UPDATES AND FORECASTS AND COUNCIL AND STAFF AUTHORIZATION REQUESTS - TO BE DISCUSSED FEBRUARY 9, 2023) Operating Budget Approvals 1. That the 2023 tax-supported base operating budget, with total gross expenditures of $408.1 million and a net property tax levy requirement of $283.1 million for City Services and Service Partners, be approved with the following amendments to reflect changes since the 2023 Business Plan's publication on January 18, 2023: a) That $35,000 be added to the 2023 budget for 2022 unspent funds allocated to the Market Precinct project, per Council Motion 22-G-026, to continue the business case development with funding from the Reinvestment Reserve; and b) That 20 Fire Fighter complement positions be pre-approved as part of the 2023 budget to allow the recruitment process to begin in advance of 2024. City Services 2. That the 2023 budget request for ...
Attachments: 1. EMT001-230208
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Title
2023 BUSINESS PLAN AND BUDGET (CARRYOVER OF OPERATING IF REQUIRED, CITY RATE APPROVALS, CAPITAL BUDGET, BY-LAW UPDATES AND FORECASTS AND COUNCIL AND STAFF AUTHORIZATION REQUESTS - TO BE DISCUSSED FEBRUARY 9, 2023)

Operating Budget Approvals

1. That the 2023 tax-supported base operating budget, with total gross expenditures of $408.1 million and a net property tax levy requirement of $283.1 million for City Services and Service Partners, be approved with the following amendments to reflect changes since the 2023 Business Plan's publication on January 18, 2023:

a) That $35,000 be added to the 2023 budget for 2022 unspent funds allocated to the Market Precinct project, per Council Motion 22-G-026, to continue the business case development with funding from the Reinvestment Reserve; and

b) That 20 Fire Fighter complement positions be pre-approved as part of the 2023 budget to allow the recruitment process to begin in advance of 2024.

City Services

2. That the 2023 budget request for City Services, with a net tax supported municipal funding requirement of $ 180.0 million (representing a 0.88 % tax rate increase for City services and a 1% increase associated with the Dedicated Infrastructure Renewal Fund), be approved.

3. That the New Investment and Service Recommendations as outlined on page 22 of the 2023 Business Plan with a net cost of $2.7 million (operating) and $13 thousand (capital) and a net property tax levy requirement of $1.3 million with additional funding of $93 thousand from the water rate, $162 thousand from the wastewater rate, $45 thousand from the stormwater rate, $548 thousand from capital projects, and $494 thousand from reserves be approved.

Service Partners

4. That the 2023 budget request from the Barrie Police Services Board presented on page 25 of the 2023 Business Plan, with a net tax supported municipal funding requirement of $63.2 million, be approved.

5. That the 2023 budget request from the Barrie Public Library Board pres...

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