Recommendation: That the following actions
be taken with respect to results based accountability, the Business Planning
Process for 2012 and the work of the Services Review Committee (SRC):
a)
on
the recommendation of the City Treasurer and Chief Financial Officer, the
Business Plan review process, as outlined in the report dated April 4, 2012, BE
ENDORSED; it being noted that the SRC received the attached
presentation with respect to this matter;
b)
the
City Clerk BE DIRECTED to incorporate the following into the report
currently being drafted related to the mandate and terms of reference for the
SRC:
i)
the
necessary changes to reflect the role of the SRC as a part of the municipal
budget process, such that the annual budget target will act as the guide for
the work of the SRC; and,
ii)
notwithstanding
the current governance structure, the SRC report directly to Council and not
through a Standing Committee;
c)
the
following general guiding principles BE ADOPTED:
i)
City
Council to set multi-year budget targets;
ii)
the
above-noted targets be multi-faceted, including targets for investment,
reserve funds, etc.;
iii)
budget
targets to be established prior to Summer to direct all of the related
processes;
iv)
status
reports to be provided annually, in early Spring, with respect to the current
budget context and to include consultation with the City’s Boards and
Commissions; and,
d)
a
revised public consultation and engagement strategy, related to the budget
process, BE ESTABLISHED.
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