FINANCE &CORPORATE SERVICES COMMITTEEMINUTES
<br />NOVEMBER 20, 2017 CITY OF KITCHENER
<br />The Finance and Corporate Services Committee met this date commencing at 9:09 a.m.
<br />Present: Councillor S. Davey - Chair
<br />Mayor B. Vrbanovic and Councillors F. Etherington, Y. Fernandes, K. Galloway-
<br />Sealock, J. Gazzola, B. Ioannidis, Z. Janecki, S. Marsh and D. Schnider.
<br />Staff: D. Chapman, Chief Administrative Officer
<br /> M. May, Deputy CAO, Community Services
<br /> M. Goldrup, Interim Deputy CAO, Finance & Corporate Services
<br /> C. Fletcher, Interim Executive Director, Infrastructure Services
<br /> J. Readman, Interim Executive Director, Infrastructure Services
<br /> J. Miller, Executive Director, Office of the CAO
<br /> C. Bluhm, Executive Director Economic Development
<br /> R. Hagey, Director, Financial Planning
<br /> J. Evans, Director, Revenue/Deputy City Treasurer
<br /> H. Gross, Director, Engineering
<br /> K. Kugler, Director, Enterprise
<br /> D. McGoldrick, Director, Operations Environmental Services
<br /> G. St. Louis, Director, Utilities
<br /> K. Carmichael, Interim Director, Transportation Services
<br /> D. Fagerdahl, Manager, Financial Planning
<br /> P. McCormick, Manager, Parking Enterprise
<br /> T. Gaber, Manager, Operations (Utilities)
<br /> D. Persaud, Manager, Gas Supply Operations & Regulations
<br /> R. Hamilton, Senior Financial Analyst
<br /> J. Bunn, Manager, Council and Committee Services/Deputy City Clerk
<br /> D. Saunderson, Committee Administrator
<br />1. FCS-17-188 - 2018 OPERATING BUDGET
<br /> The Committee considered Finance and Corporate Services Department report FCS-17-188,
<br />dated October 16, 20178 Operating Budget proposing a tax levy
<br />increase of 1.7%, together with nine Operating Budget Issue Papers.
<br />Councillor J. Gazzola brought forward a motion to allow members of the Committee to
<br />introduce motions related to the 2018 Operating Budget prior to Final Budget Day, which was
<br />voted on and LOST on a recorded vote, with Councillors J. Gazzola, Y. Fernandes and Z.
<br />Janecki voting in favour; and, Mayor B. Vrbanovic and Councillors B. Ioannidis, D. Schnider, S.
<br />Davey, S. Marsh, K. Galloway-Sealock and F. Etherington voting in opposition. Councillor P.
<br />Singh was absent and accordingly did not vote.
<br />Councillor Y. Fernandes brought forward a motion to take recorded votes on all actions taken
<br />by the Committee this date, which was voted and was Carried on a recorded vote, with Mayor
<br />B. Vrbanovic and Councillors B. Ioannidis, S. Davey, S. Marsh, K. Galloway-Sealock, F.
<br />Etherington, J. Gazzola, Y. Fernandes and Z. Janecki voting in favour; and, Councillor D.
<br />Schnider voting in opposition. Councillor P. Singh was absent and accordingly did not vote.
<br />GENERAL OVERVIEW
<br />Mr. D. Chapman presented a general overview of the Operating Budget, advising staff are
<br />proposing a tax rate increase that is at the rate of inflation, as well as a recommended
<br />combined utility rate increase substantially lower than previously forecasted.
<br />Mr. R. Hagey advised the 2018 Operating Budget highlights include: affordability and
<br />sustainability; investing in infrastructure; and, creating community. It was noted the proposed
<br />tax rate increase of 1.7% is at the rate of CPI inflation, and the proposed utility rate increase of
<br />6.5% is the lowest sustainable option Council discussed as part of the Water Infrastructure
<br />Program review in September 2017.