The motion, as amended, BE APPROVED, as follows:
That, on the recommendation of the Deputy City Manager, Finance Supports, the following actions be taken with respect to the 2024-2027 Multi-Year Budget:
a) the Multi-Year Budget Policy, as appended to the staff report dated April 18, 2023 as Appendix "B" BE RECEIVED for information;
b) the Civic Administration BE ADVISED of the Council desire for Civic Administration to bring forward a draft 2024 to 2027 Multi-year budget with an average annual tax levy increase in the range of approximately 2.9% – 3.9% as identified to maintain existing service levels as well as additional investments of an additional 0.5% in funding for additional investment, for planning purposes;
c) the Civic service areas and the City’s agencies, boards and commissions BE REQUESTED to develop their 2024-2027 Multi-Year Budgets in accordance with the direction provided by Council and the associated planning assumptions outlined in the City’s budget guidelines document;
d) the 2024-2027 Multi-Year Budget timetable, as appended to the staff report dated April 18, 2023 as Appendix "C", BE RECEIVED for information; it being noted that the tabling of the 2024-2027 Multi-Year Budget is planned for December 12, 2023 at the Strategic Priorities and Policy Committee;
e) the proposed by-law, as appended to the staff report dated April 18, 2023 as Appendix "D" BE INTRODUCED at the Municipal Council meeting on April 25, 2023 to formalize the budget submission deadlines and requirements for the City’s agencies, boards and commissions; and,
f) the preliminary public engagement plan, as appended to the staff report dated April 18, 2023 as Appendix "E" for the 2024-2027 Multi-Year Budget BE ENDORSED; it being noted that this public engagement plan has been incorporated into the 2024-2027 Multi-Year Budget timetable noted above.