Adopt 2024 Draft Budget and all provisions

Councillor Votes

Full Resolution Text

That the following recommendations be approved: a) That the 2024 Draft Budget, and all estimated revenues and expenditures, fees, contributions to reserve and reserve funds, and proposed staffing levels referenced in the documents be adopted. b) That the user fees and charges as set out the Budget Book be adopted as part of 2024 Budget process. c) That any unused CAO Budget at the end of 2024 be transferred to the Organizational Development Reserve, subject to the overall year-end position. (Page 30) d) That any unused Peterborough Technology Services Budget, at the end of 2024, be transferred to the Information Technology (IT) Reserve, subject to the overall year-end position and that, if actual 2024 costs exceed the 2024 Budget, funds may be drawn from the IT Reserve. (Page 59) e) That any 2024 Engineering Overhead surplus be transferred to the Engineering Design and Inspection Reserve, subject to the overall year-end position and that if actual 2024 Engineering costs exceed the Budget, funds may be drawn from the Engineering Design and Inspection Reserve. (Page 86) f) That any unused Traffic Signal Maintenance Budget at the end of 2024, be transferred to the Traffic Signal Reserve, subject to the overall year-end position and that if the actual 2024 Traffic Signal Maintenance costs exceed the 2024 Budget, funds may be drawn from the Traffic Signal Reserve. (Page 87) g) That pending approval of Capital Project #15189 in the amount of $9.42 million, the $10.58 million requirement in 2025 Capital funding be pre-committed for the Brealey Drive – Lansdowne Street to Sherbrooke Street project. (Page 93) h) That the $9.1 million requirement in 2025 Capital funding be pre-committed for the Capital Project #16-061 Lansdowne Street West – Spillsbury Drive to Clonsilla Avenue. (Page 93) i) That pending approval of Capital Project #12811 in the amount of $200,000, the $2.66 million requirement in 2025 Capital funding be pre-committed for the Otonabee River Trail – Del Crary Park to Little Lake Cemetery project. (Page 102) j) That any unused Parking Budget, at the end of 2024, be transferred to the Parking Reserve, subject to the overall year-end position and that, if the actual 2024 Parking costs exceed the 2024 Budget, funds may be drawn from the Parking Reserve. (Page 113) k) That pending approval of Capital Project #16-083 in the amount of $2.66 million, ($1M of which was pre-approved in 2023) the $940,000 requirement in 2025 Capital funding be pre-committed for the Curtis Creek Watershed Improvements project. (Page 117) l) That any unused portion of the 2024 Winter Control Budget that may exist at year-end be transferred to the Winter Control Reserve, subject to the overall year- end position, and that if actual 2024 Winter Control costs exceed the 2024 Budget, funds may be drawn from the Winter Control Reserve. (Page 148) m) That pending approval of Capital Project #20-035 in the amount of $5 million, the total $27 million requirement in 2025, 2026 and 2027 Capital funding be pre- committed for the Effluent Disinfection Revitalization and Expansion project. (Page 170) n) That pending approval of Capital Project #20-034 in the amount of $5 million, the $5 million requirement in 2025 Capital funding be pre-committed for the Replace Digester #1 and 2 project. (Page 170) o) That any excess Airport development review fees at the end of 2024 be transferred to the Airport Development Review Reserve for future Airport Development related expenditures and that, if the 2024 Airport development review costs exceed the review fees, funds may be drawn from the Airport Development Review Reserve. (Page 174) p) That pending approval of Capital Project #24-104 in the amount of $250,000, the $850,000 requirement in 2025 Capital funding be pre-committed for the Aviation Fuel Facility project. (Page 177) q) That pending approval of Capital Project #24-103 in the amount of $200,000, the $700,000 requirement in 2025 Capital funding be pre-committed for the Aircraft Storage Hangar project. (Page 177) r) That any surplus funds at the end of 2024 for Market Hall be transferred to the Market Hall Capital Reserve for unanticipated maintenance expenses or small capital improvements. (Page 187) s) That any unused Community Development Program net budget at the end of 2024 be transferred to the Social Services Community Social Plan Joint Reserve for future program development, subject to the overall year-end position and that, if actual 2024 Community Development Program costs exceed the 2024 Budget, funds may be drawn from the Reserve. (Page 187) t) That any surplus funds at the end of 2024 for the Recreation and Parks division be transferred to the General Recreation Reserve. (Page 200) u) That any remaining unused Children’s Services net budget at the end of 2024 be transferred to the Early Learning Child Development Reserve, subject to the overall year end position and that, if actual 2024 Children’s Services costs exceed the 2024 Budget, funds may be drawn from the Reserve. (Page 221) v) That any remaining unused Social Services net budget at the end of 2024 be transferred to the General Assistance Reserve, subject to the overall year-end position and that, if actual 2024 Social Services costs exceed the 2024 Budget, funds may be drawn from the Reserve. (Page 221) w) That any surplus in the 2024 Housing Operating Budget at the end of 2024 be transferred to the Housing Reserve, subject to the overall year end position and that, if actual 2024 Housing costs exceed the 2024 Budget, funds may be drawn from the Housing Reserve. (Page 222) x) That any surplus in the 2024 Housing Choice Rent Supplement Program at the end of 2024 be transferred to the Housing Choice Rent Supplement Reserve, subject to the overall year-end position and that, if actual 2024 Rent Supplement costs exceed the 2024 Budget, funds may be drawn from the Rent Supplement Reserve. (Page 222) y) That any unused Homelessness net budget at the end of 2024 be transferred to the General Assistance Reserve, to be used for future investment in homelessness prevention programs, subject to the overall year-end position and that, if actual 2024 Homelessness costs exceed the 2024 Budget, funds may be drawn from the Reserve. (Page 222) z) That any adjustment to the City’s 2024 requirement for the Municipal Property Assessment Corporation (MPAC), be netted against the City’s 2024 General Contingency provision. (Page 230) aa) That any unused portion of the 2024 tax write off account balance that may exist at year-end be transferred to the Allowance for Doubtful Accounts Reserve, subject to overall year-end position and that, if actual 2024 tax write-off costs exceed the 2024 Budget, funds may be drawn from the Allowance for Doubtful Accounts Reserve. (Page 230) bb) That any unused Employee Benefits Budget at the end of 2024 be transferred to the Employee Benefits Reserve, subject to the overall year-end position, and that, if actual 2024 employee benefits exceed the 2024 Budget, funds may be drawn from the Employee Benefits Reserve. (Page 234) cc) That any unused Insurance Budget at the end of 2024 be transferred to the Insurance Reserve, subject to the overall year-end position and that. (Page 234) dd) That any adjustment to the City’s 2024 requirement for the Insurance Budget, be netted against the City’s Insurance Reserve (Page 234) ee) That any unused 2024 Contingency Budget at the end of 2024 be transferred to the Capital Levy Reserve to be used for Capital works subject to the overall 2024 year-end position. (Page 234) ff) That any unused Police Services Legal Fees Budget at the end of 2024 be transferred to the Legal Fees Policing Reserve, subject to the overall year-end position and approval through the Treasurer, and that if the actual 2024 Police legal fees costs exceed the 2024 Budget, funds may be drawn from the Policing Legal Fees Reserve. (Page 238) gg) That any unused Police Services Budget at the end of 2024 be transferred to the Police Special Projects Reserve, subject to the overall year-end position and approval by City Council and that, if the actual 2024 Police Services costs exceed the 2024 Budget, funds may be drawn from the Police Special Projects Reserve. (Page 238) hh) That any adjustments to the City’s portion of the 2024 Peterborough County/City Paramedics Services Budget be netted against the 2024 General Contingency provision. (Page 245) ii) That any unused Peterborough County/City Paramedics Services (PCCP) Budget at the end of 2024 be transferred to the PCCP Reserve, subject to the overall year-end position and that, if the actual 2024 PCCP costs exceed the 2024 Budget, funds may be drawn from the PCCP Reserve. (Page 245) jj) That any adjustments to the City’s portion of ORCA’s 2024 Budget be netted against the City’s 2024 General Contingency provision. (Page 246) kk) That the 2024 budget request, representing the levy required by the Downtown Business Improvement Area of the Corporation of the City of Peterborough during the year 2024 totalling $351,500, be approved. (Page 252) ll) That the 2024 budget for the Village Business Improvement Area of the Corporation of the City of Peterborough during the year 2024 totalling $18,635, be approved. (Page 253) mm) That any excess Casino Gaming revenues at the end of 2024, that exceed the capital funding requirements to be funded from the Casino Gaming Reserve: i. remain in the reserve, to a maximum of $1.0 million, to be used to finance in- year Capital requirements or as otherwise directed by Council and that ii. amounts beyond the $1 million will be used for Capital works in the 2025 Capital Budget. (Page 256) nn) That any net surplus funds, after the disposition of the recommendations in this report, from 2024 operations in excess of $100,000 be transferred to the Capital Levy Reserve to be used for Capital works. (Page 256) oo) That a by-law be passed to establish the 2024 tax ratios for each property class as set out in the 2024 Operating Budget. (Page 261) pp) That the 2024 tax rate for farmland awaiting development subclasses be 75% of the residential rate. (Page 261)