TAMRMS#: B06
7.3
REQUEST FOR DECISION
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10 Year Utility RMR Capital Plan
Presented by: Deborah Johnson, Financial Controller, Finance & Strategic Services
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RECOMMENDED MOTION(S)
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1. That Council members submit any motions for proposed amendments to the 2027-2036 Utility RMR Capital Plan to Administration by May 22, 2026.
2. That Administration prepare backgrounders for motions for proposed changes to the 10 Year Utility RMR Capital Plan for presentation to Council at the June 2, 2026 meeting for consideration of approval.
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SUMMARYTo provide Committee members with a preliminary view of the 10 Year Utility RMR Capital plan for future consideration of approval for the 2027 projects.
ALIGNMENT TO COUNCIL DIRECTION OR MANDATORY STATUTORY PROVISION
Council Policy C-FS-05 Budget and Taxation Guiding Principles
Service Standards/Expectations
3-Municipal and Utility capital budgets shall be prepared and approved by Council for a rolling ten (10) year period and Administration shall be given approval to execute on year 1 of the plan.
5-The approved operating and capital budgets shall serve as the financial plan for the City and provide Administration with the direction and resources necessary to accomplish Council's strategic direction and Council approved services and service levels in accordance with the Services and Service Levels Inventory, provided as an Appendix.
7-The City is committed to the preservation and long-term viability of its current infrastructure and as such commits available capital dollars towards the repair, maintenance and replacement of existing assets prior to consideration of new capital growth projects and assets.
18e- Council shall review and provide final approval of the RMR Capital Budget approximately six months prior to the next fiscal year.
This approval shall grant Administration the authority to issue binding procurement documents such as Request for Proposals, Invitations to Tender and purchase...
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