January 30,2019 Budgeting Process, Where are we? 2019 Budgeting - - PowerPoint PPT Presentation

2019 Operational Budget Presentation to Council January 30,2019

Budgeting Process, Where are we?

2019 Budgeting Process

• 1. November 16th & 17th 2018 – Council Strategic

Planning

• 2. January 30th 2019 – Operational Budget Presentations
• 3. January 31st 2019 – Capital Budget Presentations
• 4. February 4th 2019 – Budget Review
• 5. Subsequent budget meetings as necessary -

Feb/March

• 6. Presentation of Draft Budget to Council - March
• 7. Public meeting to review draft budget – March
• 8. Budget Adoption - April

What we hope to achieve tonight

• 1. Community & Strategic Plan guidance on the budget
• 2. Review proposed vision for the operational budgets
• 3. Review proposed taxation policy
• 4. Proposed operational budget adjustment
• 5. Departmental Presentations
• 6. Council Additions
• 7. Questions from the Public

Council’s Strategic Plan 5 Pillars

2019 – 2023 Strategic Plan Financial Planning Presentation

The Vision Taxation Policy – Operational Budget

Be accountable to the public for how & where tax $$$ are spent Annual operations savings be saved in a revenue balancing reserve Operational costs are shown and funded separately so those choices do not affect asset renewal Address succession planning

Budget & Chart of Accounts – 2019 and beyond – more accountability

Old Chart of Accounts 05-2-412-0099 Water Treatment Operations $ XXXXX New Chart of Accounts Water Treatment Plant 20-2-4125-5005 Wages - Union Regular $ xxxx 20-2-4125-5010 Wages - Union Overtime xxxx 20-2-4125-5200 Postage and Courier xxxx 20-2-4125-5210 Telephone Services xxxx 20-2-4125-5760 Property Insurance xxxx 20-2-4125-5840 Building Maintenance Contractors/Repairs xxxx 20-2-4125-5850 Electrical Service Contractor xxxx 20-2-4125-7200 Electricity xxxx 20-2-4125-7400 Natural Gas xxxx 20-2-4125-7460 Uniforms & Clothing xxxx 20-2-4125-7510 Furniture xxxx 20-2-4125-7530 Operational Supplies and Materials xxxx 20-2-4125-7550 Equipment Parts xxxx 20-2-4125-8120 City Equipment Charges xxxx $ XXXXX

Taxation Policy – 2019 and beyond

Review Operational Changes Reduced Costs

2018  Combined Director roles – Civic Works and Dev.  Hired new mechanic and 0.6 FTE Public Work’s Assistant with savings from above  Combined Ops Manager Position with Airport Manager  In 2020, the above will create $88,000 in funding availability

Review Proposed Operational Changes Asset Renewal & Succession Planning

2019  Annual Crack sealing program of $25,000  New fulltime IT staff member – offset by contractor & consultant savings - $81,000  New ½ time internal level 1 building official in training - $45,000  New fulltime communications staff person - funded from all departments - $40,000 from general fund (same as 2018)

Taxation Policy – 2019

Departmental Presentations