October 19, 2006 Agenda
Finance Committee
Anderson Room, City Hall
6911 No. 3 Road
Thursday, October 19th, 2006
4:00 p.m.
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ITEM |
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MINUTES |
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1 |
1. |
Motion to adopt the minutes of the meeting of the Finance Committee held on Tuesday, June 20th, 2006. |
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BUSINESS & FINANCIAL SERVICES DEPARTMENT |
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8 |
2. |
FINANCIAL INFORMATION FOR THE SECOND QUARTER ENDED JUNE 30TH, 2006(Report: Aug. 25/06, File No.: 03-0970-09-01/2006-Vol 01) (REDMS No. 2010262) |
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Designated Speaker: Jerry Chong |
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STAFF RECOMMENDATION |
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That the report on Financial Information for the second quarter ended June 30, 2006 be received for information. |
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29 |
3. |
LONG TERM FINANCIAL MANAGEMENT STRATEGY UPDATE (Report: September 19, 2006, File No.: 03-0970-01/2006-Vol 01) (REDMS No. 2021364) |
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Designated Speaker: Andrew Nazareth |
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STAFF RECOMMENDATION |
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That the Long Term Financial Management Strategy update be received for information. |
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35 |
4. |
(Report: Sept. 19/06, File No.: ) (REDMS No. 2021274) | |
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Designated Speaker: Jerry Chong | |
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STAFF RECOMMENDATION | |
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(1) |
That the 2007 Capital Budget report be approved as the basis for preparing the 5 Year Financial Plan (2007-2011) and, |
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(2) |
That staff be authorized to commence construction of the 2007 projects effective January 1, 2007. |
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44 |
5. |
(Report: Sept. 30/06, File No.: 03-0970-01/2006-Vol 01 ) (REDMS No. 2026414) | |
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Designated Speakers: Suzanne Bycraft | |
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STAFF RECOMMENDATION | |
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(1) |
That the 2007 Utility Expenditure Budgets outlined in Option 3 on the staff report dated September 30, 2006, from the Managers of Revenue, Water, Sewerage & Drainage, and Fleet & Environmental Programs, be approved as the basis for establishing the 2007 Utility Rates. |
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(2) |
That staff be directed to report directly to Council with the necessary amendment bylaws to bring into effect the proposed Sewer Connection Charges, amendments to the Waterworks and Water Rates Bylaw and the 2007 Utility Rates option recommended by Committee. |
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59 |
6. |
(Report: October 9, 2006 , File No.: ) (REDMS No. 2022371 ) |
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Designated Speaker: Jerry Chong |
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STAFF RECOMMENDATION |
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That the 2007 Base Operating Budget report be approved as the basis for preparing the 5 Year Financial Plan (2007-2011). |
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7. |
MANAGER’S REPORT |
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ADJOURNMENT |
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