Agenda Including Addeds
Strategic Priorities and Policy Committee

2nd Meeting of the Strategic Priorities and Policy Committee - BUDGET
-
Virtual Meeting - during the COVID-19 Emergency
City Hall is open to the public, with reduced capacity and physical distancing requirements.
Meetings can be viewed via live-streaming on YouTube and the City website.
Members
  • Mayor E. Holder (Chair),
  • Councillors M. van Holst,
  • S. Lewis,
  • M. Salih,
  • J. Helmer,
  • M. Cassidy,
  • P. Squire,
  • J. Morgan,
  • S. Lehman,
  • A. Hopkins,
  • P. Van Meerbergen,
  • S. Turner,
  • E. Peloza,
  • A. Kayabaga,
  • and S. Hillier

The City of London is committed to making every effort to provide alternate formats and communication supports for Council, Standing or Advisory Committee meetings and information, upon request.  To make a request for any City service, please contact [email protected] or 519-661-2489 ext. 2425.  To make a request specific to this meeting, please contact [email protected]

1.
Disclosures of Pecuniary Interest
 

2.
Consent
 

3.
Scheduled Items
 

4.
Items for Direction
 

4.1
Review of Budget Amendments (2021 to 2023 totals: rounded to the closest $1,000)
 

a.
Case #1 - RBC Place London - Promissory Note Forgiveness - Operating Expenditure ($72,000); Net Levy $0
 

b.
Case #2 - RBC Place - Revised Capital Plan - Capital Expenditure $166,000; Net Levy $0
 

c.
Case #3 - Recycling and Composting - Repair of Material Recovery Facility Fire Suppressant System - Capital Expenditure $800,000; Net Levy $0
 

d.
Case #4 - Children's Services - Reduction in Required Investment in 2021 due to impacts of COVID-19 - Operating Expenditure ($1,630,000); Net Levy ($1,630,000)
 

e.
Case #5 - Middlesex-London Health Unit - Increased Funding by the Ministry of Health in 2021 - Operating Expenditure ($610,000); Net Levy ($610,000)
 

f.
Case #6 - Ontario Works - Reduction in Investment in 2021 in Connection with Impacts of COVID-19 - Operating Expenditure ($425,000); Net Levy ($425,000)
 

g.
Case #7 - Corporate Services - Administrative Recoveries from Water, Wastewater and Treatment and Joint Water Boards - Operating Expenditure $0; Net Levy ($1,582,000)
 

h.
Case #8 - Other Related Financing - Reduction to Corporate Contingency Budget - Operating Expenditure ($1,900,000); Net Levy ($1,900,000)
 

i.
Case #9 - Parks and Recreation - Implementation of Strategic Objectives Related to Growing a Film Sector in London - Operating Expenditure $600,000; Net Levy $0
This item has attachments. 

1.2020-12-10 - Budget Amendment 9.pdf

j.
Case #10 - Revised Implementation - 60% Waste Diversion Action Plan - Operating Expenditure ($3,750,000); Net Levy ($3,750,000)
This item has attachments. 

1.2020-12-10 - Budget Amendment 10.pdf

4.2
Reserves and Reserve Funds Overview
 

Recommendation: That the Reserves and Reserve Funds Overview BE RECEIVED; it being noted projections are subject to annual review and adjustment. (Appendix C)

4.3
Debt Overview
 

Recommendation: That the Debt Overview (Appendix D) BE RECEIVED for information.

4.4
Reconciliation of the Tabled Budget to Public Sector Accounting Board Budget
 

Recommendation: That the reconciliation of the tabled budget to the Public Sector Accounting Board financial statement budget BE RECEIVED for information. (Appendix E)

4.5
Operating Budget
 

Recommendation: That in accordance with section 291(4)(c) of the Municipal Act, 2001, as amended, the following actions be taken with respect to the operating budget (Appendix A):

4.6
Capital Budget
 

Recommendation: That in accordance with section 291(4)(c) of the Municipal Act, 2001, as amended, the following actions be taken with respect to the capital budget (Appendix B):

4.7
By-laws regarding Tax Levy, Operating and Capital Budgets
 

Recommendation: That the Civic Administration BE DIRECTED to bring forward any necessary by-laws regarding tax levy, the operating and capital budgets for introduction at Municipal Council.

4.8
Water and Wastewater and Treatment Services
 

Recommendation: That in accordance with section 291(4)(c) of the Municipal Act, 2001, as amended, the following actions be taken with respect to the 2021 to 2023 operating budgets and 2021 to 2023 capital budgets and associated forecasts for Water and Wastewater and Treatment Services:

a.
the 2021 to 2023 operating budget for Water Services BE READOPTED in the amount of $XXX;
 

b.
the 2021 to 2023 capital budget for Water Services BE READOPTED in the amount of $XXX; 
 

c.
the 2024 to 2029 capital forecast for Water Services BE APPROVED in principle in the amount of $XXX;
 

it being noted that all rates and charges related to the provision of Water Services were increased by 2.5% effective January 1, 2020, as approved by Council on November 26, 2019, and will be increased 2.5% effective January 1 each year for 2021 to 2023 as approved by Council on October 27, 2020;

d.
the 2021 to 2023 operating budget for Wastewater and Treatment Services BE READOPTED in the amount of $XXX;
 

e.
the 2021 to 2023 capital budget for Wastewater and Treatment Services BE READOPTED in the amount of $XXX; and
 

f.
the 2024 to 2029 capital forecast for Wastewater and Treatment Services BE APPROVED in principle in the amount of $XXX;
 

it being noted that all rates and charges relating to the provision of Wastewater and Treatment Services were increased by 2.5% effective January 1, 2020, as approved by Council on November 26, 2019, and will be increased 2.5% effective January 1, 2021, 2.7% effective July 1, 2021, and 2.5% effective January 1 each year for 2022 and 2023 as approved by Council on October 27, 2020.

4.9
Water and Wastewater and Treatment Reserves & Reserve Funds
 

Recommendation: That the following 2020 to 2023 Multi-Year Budget overviews BE RECEIVED for information;

4.10
Reconciliation of the Tabled Water Budgets to Public Sector Accounting Board Budget
 

Recommendation: That the reconciliation of the tabled budgets to the Public Sector Accounting Board financial statement budget BE RECEIVED for information. (Water - Appendix A and Wastewater and Treatment - Appendix B)

5.
Deferred Matters/Additional Business
 

6.
Adjournment
 

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