2019 Budget Presentation Office of the Development Commissioner - - PowerPoint PPT Presentation

2019 Budget Presentation

Office of the Development Commissioner

Objectives Include:

• Business Attraction
• Business Retention
• External Marketing
• Municipal Land Sales
• CIP Management
• Small Business Enterprise Centre
• Physician Recruitment

Achieved Goals for 2018

Office of the Development Commissioner

• Ongoing aftercare of industrial residents and business retention – 18 Companies
• Attendance at SIAL, NHS, APMA, SIOR, NPE, SIAL INTERNATIONAL & FDI FORUM
• Attend SOMA, FedDev, OMCA, ACP, BIA, Chamber events, Western Wardens &

Ontario Auto Mayors Events and Activities

• Maintained ties to Japanese and German Canadian Chamber(s) of Commerce
• Prepared funding applications to sr. government for programs in 2018

* SOMA was successful in receiving ICCI funding

• Administered downtown Community Improvement Plan – Intake and Reports
• Successful FAM Tour - leading to a future land sale in Woodstock
• SOLD $2.451 million in industrial sales
• Participated in BIA’s FICE with St Thomas

Achieved Goals for 2018 - continued

Office of the Development Commissioner

• Sale of Lands in Bysham Park
• Sale of Land in Commerceway to Viewcon & Ontario Refrigerated Services Inc.
• Closed a total of 27 acres of industrial land sales
• Presentation to Ontario Government Business Units
• Sponsored with SOMA the FDI Consultants Forum in Ottawa
• Job Fair – Woodstock (Firestone Employees)
• Sitting member of Project Hi-Tech – Robotics Competition

Projects for 2019

Office of the Development Commissioner

• Continued membership in SOMA, Ontario Advanced Manufacturing Communities

Alliance, Ontario Food Cluster, EDCO Ontario Real Estate Alliance

• Oxford Connection trade show program – SIAL, WMTS and CMTS
• Roll out of new Oxford Physician Recruitment Plan
• Ongoing promotion of Community Improvement Plan
• Assist local companies in achieving their expansion plans
• Initiate the sale of the Alyea Farm lands once servicing has been completed
• Ongoing maintenance of vacant industrial land
• Lease of vacant City-owned industrial land for agriculture
• Ongoing Sale of surplus City properties (non-industrial)
• Asia Mission
• Acquire Additional Land – New Industrial

Changes to Base Budget

Office of the Development Commissioner

Revenue Accounts Change Proposed Budget Amount Reason 0800-69676-0000 $5,000 $40,000 Amount requested from county increased to reflect increasing costs/activities

Changes to Base Budget

Office of the Development Commissioner

Expenditure Accounts Change Proposed Budget Amount Reason 0800-84230-0368/0369 $1,075 $30,275 Rising cost of accommodation & airfare 0800-84230-0370 $6,000 $8,000 Reflects a move to bring development website under the City site as a micro site

Changes to Budget

Office of the Development Commissioner

Land Revenue Account Change Proposed Budget Amount Reason 0801-69309-0000 $1,000,000 $2,100,000 Increased value of projected land sales in 2019