Directing commissioners to present departmental budget details to the Finance Committee by end of August for 2024 budget planning

Councillor Votes

Full Resolution Text

a) That respecting the 2024 Budget Guideline Report CLSFS23-028, staff be directed as follows: i) that each Commissioner make a presentation to the Finance Committee by the end of August on their respective Departmental Budgets that would provide additional information assuming a 2024 Budget Guideline all-inclusive tax increase of 5.59%, and ii) that the presentations also include information and the resulting financial and/or service level impacts assuming a 3% and a 7% All- Inclusive Budget Guideline increase, respectively. b) That the presentations include information from each Commissioner on their anticipated largest 2024 Capital projects. c) That Council request the Peterborough Police Services Board to consider deferring any 2024 staffing enhancements as identified in the Police Service's five-year staffing plan to allow the financial impact of the annualization of any new hires that occurred in 2023 to ease pressures on the 2024 budget.