TAMRMS#: B06
11.1
Information Item Only
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10 Year Capital Growth Plan Update
Presented by: Deborah Johnson, Financial Controller, Financial & Strategic Service
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SUMMARY
This report is to provide Council with recommended changes to the 2027-2036 Municipal Growth Plan. Members of Council may submit proposed amendments via a postponed motion through the council website by May 11, 2026. Administration will prepare backgrounders to any submitted motions for debate at the May 19, 2026 Council Meeting.
ALIGNMENT TO COUNCIL DIRECTION OR MANDATORY STATUTORY PROVISION
N/A
BACKGROUND AND DISCUSSION
The 10-Year Municipal and Utility RMR and Growth Capital Plan is a long-term planning document for the City that provides key strategic inputs for the upcoming budget year, a framework for the three-year budget plan, and a future outlook of long-range capital requirements.
Capital projects identified as Growth are required to meet future demand and strengthen the community. As new infrastructure is needed to meet this demand an annual review of the plan is done by Administration, who then provide recommendations to Council for additions or removals. For the 2027-2036 Municipal Capital Growth Plan, Administration has determined that the four growth initiatives, as provided in the attachment “Growth Capital Plan Additions,” should be considered for addition.
Administration is also recommending removal of two growth charters, as provided in the attachment “Growth Capital Plan Removals.”
This process is for approval of amendments to the “10-Year Growth Plan” only. As the estimated funding for the next nine years will not be sufficient to undertake many growth initiatives on the plan, Administration will bring forward funding recommendations guided by the Capital Prioritization Matrix when the revised 2027-2036 Municipal Growth Plan is presented to Council in the 2027-2029 Business Plan and Budget.
ALIGNMENT TO PRIORITIES IN COUNCIL’S STRATEGIC PLAN
Not applicable.
ALIGNMENT TO LEVELS OF SERVICE DELIVERY
Service Name: Financial Planning
Description: Stewardship of development of annual operating and capital budgets for Municipal and Utility operations.
Subservice: Municipal Capital Budget Development
• Budget is prepared and approved by Council for a rolling ten (10) year period with the approval to execute one year of the plan.
• The annual approval of the capital budgets is complete by December 31 of each year.
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Report Date: May 5, 2026
Author(s): Deborah Johnson
Department: Financial & Strategic Services
Department Director: Anne Victoor
Managing Director: Diane McMordie
Chief Administrative Officer: William Fletcher