TAMRMS#: B06
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CAO Presentation of the Proposed Financial Plan and 2021 Budget
Presented by: Kevin Scoble, Chief Administrative Officer
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RECOMMENDATION(S)
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That the proposed City of St. Albert financial plan and 2021 budget be received as information and referred to the Committee of the Whole meeting scheduled to commence at 2:00 p.m., Tuesday, November 3rd, 2020.
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PURPOSE OF REPORT
This report presents the Proposed Financial Plan and 2021 Budget for Council’s review, deliberation and consideration of approval.
ALIGNMENT TO PRIORITIES IN COUNCIL’S STRATEGIC PLAN
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ALIGNMENT TO LEVELS OF SERVICE DELIVERY
Corporate Business Planning
Steward the Corporate Business Plan and work with all Departments to facilitate business planning and ensure that they have the knowledge and tools they require to align their business planning to the strategic planning framework. Provide assistance and support where necessary and prioritize work with Leadership Team for the short- and long-term business and financial planning. The business planning includes development and maintenance of the Services and Service Levels Inventory, Priority Business Planning and Budgeting, and development of the CAO’s Budget presentation.
Financial Planning
Stewardship and Development of annual operating and capital budgets for Municipal and Utility operations.
ALIGNMENT TO COUNCIL DIRECTION OR MANDATORY STATUTORY PROVISION
Sections 242 and 245 of the Municipal Government Act provide that a Council must adopt both an operating budget and a capital budget for each calendar year.
Section 283.1(2) also requires a municipality to prepare a written plan respecting its anticipated financial operations over a period of at least the next 3 financial years.
On October 5, 2020, Council passed the following motion
(CM-20-035)
THAT when bringing forward the 2021 budget for Council's consideration, Administration include information and analysis on the follo...
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