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HomeMy WebLinkAboutFebruary 25, 2000 - Budget Meeting 's G`({ OF Pie,�� BUDGET MEETING FEBRUARY 25TH •r!► 9:00 A.M. 4 t MINUTES A meeting of the Committee of the Whole of the Council of the Corporation of the City of Pickering was held on February 25th, 2000 at 9:00 a.m. in the Main Committee Room to consider the Proposed 2000 Budget. PRESENT: Mayor Arthurs Councillor Brenner Councillor Dickerson Councillor Holland Councillor Johnson Councillor Pickles Councillor Ryan Staff: T. J. Quinn -Chief Administrative Officer G. Paterson -Director, Corporate Services& Treasurer N. Carroll -Director, Planning&Development E. Buntsma -Director, Operations and Emergency Services S. Karwowski -Finance Manager D. Kearns -Committee Coordinator DEPARTMENTAL CURRENT BUDGETS Moved by Councillor Brenner that the Proposed 2000 Current Budget be approved with the following amendment: CARRIED Council considered the following motion in conjunction with the above motion: 2745 LIBRARIES Moved by Councillor Ryan that Account 2745-1100(Salaries&Wages)be increased by $10,000 to provide for the hiring of a Part-Time Librarian. CARRIED -2- 2132 PROPERTY MAINTENANCE Moved by Councillor Pickles that Account 2132-6181 (Other Fixed Assets)be increased by$10,000 to be delegated to Brock Road between the 3'T1 Concession and Dellbrook Avenue for allocation in conjunction with Regional Road works. LOST 2320 ROADS Moved by Councillor Holland that Account 2320-6181 (Other Fixed Assets)Roads Projects-#2-Liverpool Road be decreased by$100,000. LOST Moved by Councillor Pickles that Account 2320-6181 (Other Fixed Assets)be increased by$10,000 for traffic calming measures. LOST 2410 STORM WATER MANAGEMENT Moved by Councillor Holland that Account 2410-6181 (Other Fixed Assets)be allocated to Frenchman's Bay Storm Water Rehabilitation. CARRIED 2745 LIBRARIES Moved by Mayor Arthurs that Account 2745-6178 (Miscellaneous Equipment)be decreased by$10,000. LOST Moved by Councillor Brenner that the 2000 Preliminary Capital Budget as presented be amended by increasing the funding provided by a draw from the Community Facilities Reserve Fund by$164,000. CARRIED Moved by Councillor Johnson that the following recommendations as contained in Corporate Services Report #07-00 concerning the 2000 Current and Capital Budgets be approved: 1. a) the 2000 Gross Budget of $44,889,404, including capital expenditures from current revenues in the amount of $1,256,595, with estimated revenues of $16,259,076 a 1999 surplus of $110,000 and debt financing of $4,488.088 t -3 - b) the following capital financing sources be approved as presented in the 2000 Capital Budget: Transfer from Current Fund to Capital Fund $1,256,595 Transfer from Capital Equipment Reserve 499,900 Transfers from Reserve Funds -Community Facilities 1,887,240 -Development Charges 1,367,212 -Parkland Development 586,000 -Debt 3,180,188 Developer Contributions 107,700 Donations 10,000 8§.1._,_3_894 5 c) the Four-Year Capital Forecast (2001-2004) be endorsed for financial planning purposes; 3. a) internal debt financing be approved for the projects identified in the 2000 Capital Budget in the amount of $175,000 for a period not to exceed 5 years; and $3,005,188 for a period not exceeding 10 years; b) projects identified in the 1999 Capital Budget as being financed through the issuance of debt be subject to additional, specific approval by Council of the expenditure and the financing before proceeding; 4. the Tax Levy due dates for the Final Billing be June 28, 2000 and September 27, 2000 excluding realty tax classes affected by Bill 79; 5. the Director, Corporate Services & Treasurer be authorized to make any changes or undertake any actions necessary, including changing the dates in Recommendation 5 above, in order to ensure a zero increase in taxes and tax billing process is completed; 6. any surplus current operating funds at year end 2000, in excess of$110,000 be transferred to the Rate Stabilization Reserve; 7. a) Schedule C of By-Law Number 1008/79, as amended, Part 2— Travel Expense— Private Automobile, as amended, and By-Law Number 3866/91 be repealed; b) effective March 1, 2000 the rate of reimbursement per kilometer traveled for business purposes in personally owned vehicles be increased from 30.1 cents per kilometer to 40.4 cents per kilometer, c) the Treasurer be authorized to review the rates of reimhursement ann„a11v A nrl