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HomeMy WebLinkAboutMay 14, 2001 - Budget Meeting BUDGET MEETING Cali 00 MAY 14th 4:00 P.M. MINUTES A meeting of the Committee of the Whole of the Council of The Corporation of the City of Pickering was held on May 14th, 2001 at 4:00 p.m. in the Main Committee Room to consider additional information provided by staff respecting the Proposed 2001 Budget as requested by Council at the May 314 meeting. PRESENT: Mayor Arthurs Councillor Brenner Councillor Holland Councillor Johnson Councillor McLean 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 -Manager,Finance&Taxation A. Greentree - Supervisor, Legislative Services Councillor Ryan stated that some confusion still remains with the IS and the Corporate Efficiency Initiatives budgets. Councillor Ryan advised that he and Councillor Holland will meet with the Manager, Information Systems to discuss these budgets and stated that he would advise members of Council of any significant issues/items for their consideration prior to the May 22nd Council Meeting. The CAO advised he would also like to attend the proposed meeting. 2613 DEVELOPMENT CONTROL Moved by Councillor Pickles that Account 6181 (Other Fixed Assets)be increased by $3500 to provide for the construction of a black vinyl chain link fence on the east side of Altona Road, adjacent to the"bulb"turning circle of Granby Court. CARRIED 2712 PROGRAMS Moved by Councillor Pickles that Account 2394 (Receptions, Promotions& Special F Moved by Councillor Pickles that Account 1560 (Penalties&Interest on Taxes Revenues)be increased by$175,000 to provide a more accurate yet conservative estimate of revenues based on Account history, most specifically 1999 Actuals. CARRIED Moved by Councillor Holland that the Budget Adjustment of$175,000 be applied and a corresponding amount in OMERS savings be reduced. WITHDRAWN Moved by Councillor Holland that$175,000 be applied against internal debt financing, and other budget adjustments be applied against internal debt financing,thus maintaining a 9.8%budget increase over the 2000 Budget. CARRIED 2715 DON BEER ARENA Moved by Councillor Johnson that the$108,000 recently received from Confederation Life,which is currently in the General Revenues Account,be transferred to 2715-6181 (Other Fixed Assets)to be applied to line item 01-2715-005-01 the Construction of a third ice pad at Don Beer Arena. LOST In addition to the comments and supporting documentation provided, Council also requested the following: 1. Staff are to consider incorporating Consumer Price Index (CPI)into future budgets and are to report back to Council by September with their recommendations. 2_ Council briefly discussed the Arena Surcharge Reserve and requested staff to provide back-up documentation for both 1999 and 2000 Annual Contribution amounts. 3_ Staff are to provide all Reserve Account balances. 4. As there are legislative requirements respecting reserve funds, Council requested details of the reserve collections including amounts collected, when and for what purpose, and amounts spent, when and for what purpose. • Moved by Councillor Holland that the 2001 Budget, as amended, be referred to Council for the May 24th meeting at 7:30 p.m. CARRIED The meeting adjourned at 6:25 p.m.