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HomeMy WebLinkAboutFIN-10-009 - 2010 Final Budget DayREPORT Report To: Councillor Berry Vrbanovic, Chair, and Members of the Finance and Corporate Services Committee Date of Meeting: January 18, 2010 Submitted By: Dan Chapman, General Manager of Financial Services Prepared By: Roger LeBrun, Manager of Financial Planning Ward(s) Involved: All Date of Report: January 11, 2010 Report No.: FIN-10-009 Subject: 2010 FINAL BUDGET DAY RECOMMENDATION: For discussion BACKGROUND: On Monday, January 18, 2010 Council will review the 2010 operating and capital budgets. Council members are asked to bring this package and copies of previous budget presentations to the meeting for reference. REPORT: Budget detail and supplementary information is contained in the following attachments: Slide presentation Capital Budget Issue Papers #28 - Unexpended Capital Balances Report and 2009 Capital Closeouts #29 - Implications for a reduction in the CIS budget #30 - Assumptions underlying Fire fleet projection #31 - Streetlighting technology (LED) #32 - Equipment Reserve Transfer #33 - Implications for a $50,000 reduction in FM Accounts #34 - AED Unit Program #35 - Victoria Park Master Plan / Monarch Woods spending #36 - Parks Building General Provision #37 - Parks Master Plan Funding #38 - Williamsburg Phase II Development ï #39 - Wireless Meter Reading #40 - CITS capital funding #51 - Potential Development Charges Project Deferrals Operating Budget Issue Papers #41 - Budget/Actual by Department for 2008-2010 #42 - Legislative Changes #43 - EDIF Special Levy Funding #44 - Victoria Park Lake Funding #45 - History of grants related to Youth Drop-In Programs #46.1 - Sponsorship opportunities for Kitchener In Bloom #46.2 - Sponsorship opportunities for Athletics Awards #47 - 2008/2009 usage statistics for outdoor pools in June #48 - Leisure Access Card Strategy #49 - Winter Control 5 Year Statistics #50 - Gas Delivery Projections & ECNG Analysis #52 - Impact of reducing projects with c/c >$100,000 by 1% #53 - Rockway Seniors Centre FINANCIAL IMPLICATIONS: As detailed in the attachments to this report. COMMUNICATIONS: Notice of budget meetings and an invitation for public input was placed on the City website and published in Your Kitchener. The Public Input Session was held January 11, 2010. ACKNOWLEDGED BY: Dan Chapman, General Manager of Financial Services & Treasurer î