B u d g e t C a p i tal Wo r k s B u d g e t - PDF document

2 0 0 5 - 2 0 0 7 2 0 0 5 T h r e e - Year B u d g e t C a p i tal Wo r k s B u d g e t

Ville de Montréal The Government Finance Officers Association (GFOA), with members representing the United States and Canada, has accorded the Ville de Montréal its 2004 Distinguished Budget Presentation Award. To earn this annual award, a public administration must produce documents that fulfill all the criteria for materials that combine general policy statements with information on financial activities and planning wich also may used as communications tools. Moreover, the GFOA jury described the Montréal budget documents as exceptional general policy statements and operations guide. The Montréal municipal administration feels that these budget documents respect the same criteria and intends to submit them for the 2005 Award.

2005 Budget 2005-2007 Three-Year Capital Works Budget Adopted by the Montréal City Council December 14, 2004 Prepared by the Service des finances

P resentation of the budget USER GUIDE TO THE DIFFERENT VOLUMES OF THE BUDGET The 2005 Budget documents will be distributed to some users in printed and in electronic formats and in French or English. In other cases, these texts will only be available from the finance department’s Web site at ville.montreal.qc.ca /finances. These documents contain the following information: 1. 2005 Budget and 2005-2007 Three-Year Capital Works Budget (English and French): printed and Web versions � Presentation of the budget : contains messages from the mayor, the chairman of the executive WEB committee, the director general, the statement of achievements and highlights of the 2005 Budget, as well as a breakdown of municipal expenditures in dollar terms. � Business plan : includes a statement of the guidelines and strategies that will be deployed by PAPER the administration to meet long-term goals. � Profiles of Montréal : reveals different facets of the city, outlines its political organization and serves as an economic portrait of Montréal . � Budget by activity : illustrates the budgetary assumptions that have been employed in producing the budget, the Certificate of the Treasurer and Director General responsible for the Finance Department who guarantees both the necessity and availability of funds assigned in fiscal 2005 to debt service payments and obligations under law and pursuant to decisions. � Budget by business unit and by expenditure item : describes how skills are shared within the city, methods of producing the borough budgets and the budget framework applied to the corporate departments. This budget presents business unit budgets and revenues. � Fiscal Situation : primarily discusses tax parameters and tax variations. � The Three-Year Capital Works Budget : presents the investments the City intends to make, in view of maintaining and developing its infrastructure over the next three years. The program also presents investments by borough and by corporate department. � Debt and Financial portrait: contains a portrait of the city’s indebtedness and the city of Montréal’s debt service. � Appendices : contains the accounting and budgetary policies that the city has adopted in preparing the budget, budget policies, a statement of results from water management efforts, the 2004 Budget process schedule and a list of definitions, abbreviations and acronyms that have been used. 1

2 005 Budget and 2005-2007 Three-Year Capital Works Budget 2. Budget by borough and by corporate department : Web only � Borough: organizational chart, profile of the borough, business plan and budget choices, revenues and expenditures by activity and the investment plans of each borough. WEB � Corporate department: primary mission and activities, business plan and budget choices, revenues and expenditures by activity and the investment plans of each department. 3. Supplementary Information Book: Web only � Montréal’s current economy � Principal aspects of Montréal’s strategy for economic development WEB � Montréal’s new urban plan � The recovery plan for water-related infrastructure � The road network infrastructure � The Policy for protecting and enhancing the natural environment � Principal aspects of the proposed cultural policy � The heritage policy � The Société de transport de Montréal and its financial stakes � Legislative changes in 2004: major municipal reorganizations (bills 9 and 33) � List of topics previously covered in the Supplementary Information Book and the Economic and Budgetary Information Book 4. Miscellaneous: Web only � The city’s business plan WEB � The city’s management framework � Financial and budgetary policies � Information on taxation from prior years � Prior budgets and three-year capital works programs � Prior and current annual and financial reports � Documentation from prior years 5. Quick references Message from the mayor and decision makers..................................................................................9 Highlights .........................................................................................................................................19 Organizational chart.........................................................................................................................49 Statement of financial activities........................................................................................................63 Workforce and compensation ........................................................................................................148 Tax rates........................................................................................................................................156 Change in the assessment roll...................................................................................................... 177 Real-estate projects ...................................................................................................................... 189 Measurements of performance ..........................................................................................Appendix 4 Definitions, abbreviations and acronyms ............................................................ Appendices 6 and 7 2