HomeMy WebLinkAboutFIN-2023-510 - 2024 Operating Budget
Financial Services Department www.kitchener.ca
REPORT TO: Finance and Corporate Services Committee
DATE OF MEETING: November 20, 2023
SUBMITTED BY: Ryan Hagey, Director of Financial Planning & Asset Management,
519-741-2200 ext. 7353
PREPARED BY: Ryan Hagey, Director of Financial Planning & Asset Management,
519-741-2200 ext. 7353
WARD(S) INVOLVED: All
DATE OF REPORT: November 9, 2023
REPORT NO.: FIN-2023-510
SUBJECT: 2024 Operating Budget
RECOMMENDATION:
For discussion.
REPORT HIGHLIGHTS:
The purpose of this report is to introduce the 2024 operating budget for Council discussion.
This report supports the delivery of core services.
BACKGROUND:
The 2024 budget process includes a series of meetings to discuss and potentially make
amendments to the 2024 budget. Council has approved a schedule that includes meetings on
the following dates:
November 20 Operating Budget presentation by staff
November 27 Capital Budget presentation by staff
December 4 Mayor proposes 2024 budget
December 14 Council votes on budget amendments/Mayor decides on amendment via
veto
REPORT:
day-to-day costs of providing the valued public
programs and services citizens use every day. Examples include recreational programming at
and maintaining roads in a condition they are safe to drive on all seasons of the year.
Detailed budget
th
by November 17.
STRATEGIC PLAN ALIGNMENT:
This report supports the delivery of core services.
*** This information is available in accessible formats upon request. ***
Please call 519-741-2345 or TTY 1-866-969-9994 for assistance.
FINANCIAL IMPLICATIONS:
Financial impacts of the 2024 budget are outlined in the detailed budget information.
COMMUNITY ENGAGEMENT:
INFORM
council / committee meeting.
PREVIOUS REPORTS/AUTHORITIES:
FIN-2023-417 2024 Budget Process and Timelines
APPROVED BY: Jonathan Lautenbach, Chief Financial Officer, Financial Services