TAMRMS#: B09
6.1
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10 Year Municipal RMR Plan & Budget
Presented by: Anne Victoor, Manager, Financial Services
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RECOMMENDATION:
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That Community Growth & Infrastructure Standing Committee recommend to Council that:
1. The 10 Year Municipal RMR Capital plan provided as an attachment to the May 10, 2021 agenda report titled “10 Year Municipal RMR Capital Plan” be received as information.
2. That Council members submit any postponed motions for proposed amendments to the 10 Year Municipal RMR Capital Plan to Administration by May 20, 2021.
3. That Administration prepare backgrounders for proposed changes to the 10 Year Municipal RMR Capital Plan and present to Council at the June 8, 2021 meeting for consideration of approval.
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PURPOSE OF REPORT
To provide Committee members with a preliminary view of the 10 Year Municipal RMR Capital plan for future consideration of approval for the 2022 projects.
ALIGNMENT TO COUNCIL STRATEGIC PRIORITY
Strategic Priority #4: Infrastructure Investment: Identify and build needed capital assets.
ALIGNMENT TO SERVICE DELIVERY
Financial Planning
Stewardship of development of annual operating and capital budgets for Municipal and Utility operations.
ALIGNMENT TO COUNCIL (OR COMMITTEE) 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 one (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.
7- The City is committed to the preservation and long term viability o...
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