Township of Zorra 2017 Capital Budget Presentation This - - PowerPoint PPT Presentation

Township of Zorra 2017 Capital Budget Presentation

This presentation was developed by staff for the Council and members of the public to provide financial information and strategies as it relates to the 2017 Budget

• deliberations. The report covers the following topics for review and discussion

purposes.

• 1. Assessment Analysis
• 2. 2016 Capital Projects Recap.
• 3. 2017-2021 Capital Budget Plan,
• 4. Reserve and Reserve Funds.
• 5. 2017 Operating Budget potential impacts and challenges.
• 6. Next Steps.

November 29, 2016 1

Zorra’s Assessment

In 2016 the Township tax levy requirement was $6,854,989.00 and apportioned as follows: – Operating expenditures $4,398,189.00 – Capital expenditures $2,456.800.00 Based on the Property Assessment Roll; the following summarizes how the tax classes funded the levy requirement for Township purposes:

November 29, 2016 2

Assessment Class Taxable Assessment Township Tax Levy Percentage share Residential (includes all residences;

multi and farm residences

811,551,151 $4,278,008.00 62.40% Farmland & Managed Forest 1,008,448,200 $1,320,182.00 19.25% All other tax classes 134,985,798 $1,256,799.00 18.35% Totals 1,954,985,149 $6,854,989.00 100.00%

Zorra’s Assessment

For information purposes; the following tables highlights the changes from 2014 to 2016 on households numbers as a result of new construction and demolition.

November 29, 2016 3

Household Count 2014 Year Demo Permits Assessment Decreased New Houses Assessment Added Assesment Growth 2015 Year Farmland Houses 1019 (7) (543800) 5 1,412,959 869,159 1017 Residential Houses 2332 (7) (930541) 18 5,143,253 4,212,712 2343 3351 (14) (1474341) 23 6,556,212 5,081,871 3360 Household Count 2015 Year Demo Permits Assessment Decreased New Houses Assessment Added Assesment Growth 2016 Year Farmland Houses 1017 (4) (381700) 8 3,245,200 2,863,500 1021 Residential Houses 2343 (1) (108000) 19 5,460,400 5,352,400 2361 3360 (5) (489700) 27 8,705,600 8,215,900 3382 2015 Activities 2016 Activites

2016 Capital Budget – How did we do?

Capital Expenditures 2016 Budget 2016 Actual Debenture Payments 979,342.00 979,342.00 Transfer To Reserves 665,000.00 665,000.00 Transfer to Infrastructure Reserve * Base Levy 419,958.00 419,958.00 General–Building 28,000.00 13,880.14 General – Computers 10,000.00 12,092.65 Fire – Building/Furnishings 50,000.00 23,541.08 Fire- Vehicles 385,000.00 376,540.49 Fire – Radio Communication 60,000.00 0.00 Fire - Equipment 125,000.00 112,196.21 Recreation – Buildings 60,000.00 29,300.00 Recreation – Machinery/Equipment 16,000.00 17,935.69 Roads – Vehicles/Machinery & Equipment 326,800.00 313,546.63 Roads - Road Construction 622,500.00 599,560.59 Roads – Bridges and Culverts 346,200.00 199,423.83 Total Capital Expenditures 4,093,800.00 3,762,317.31 November 29, 2016 4

2016 Capital Budget – How did we do?

Capital Financing 2016 Budget 2016 Actual OCIF annual Grant – Rural Infrastructure 25,000.00 25,000.00 Other Revenues – MNR Royalties and Interest 325,000.00 285,506.33 Other Revenues – Federal Gas Tax 245,000.00 245,000.00 Other Revenues – Erie Thames Interest 59,000.00 59,000.00 Contributions from Reserves –surplus/deficit 200,000.00 200,000.00 Contributions from Reserves – Fire Fleet 385,000.00 376,540.00 Contributions from Reserves - Fire – Radio Communication 60,000.00 0.00 Contributions from Reserves – Recreation 21,000.00 4,300.00 Contributions from Reserves – Roads Fleet 317,000.00 298,850.00 Subtotal of Other Revenues Sources 1,637,000.00 1,494,196.33 2016 Capital Tax Levy 2,456,800.00 2,268,120.98 Resulting in surplus of capital tax levy: 188,679.02 Attribute to: Road construction $130,220; Fire equipment/furnishings $39,265;Council chambers $12,000 Capital tax levy surplus estimated to be $188,679.02 will be transferred to Infrastructure Reserve. November 29, 2016 5

Buildings

November 29, 2016 6

Thamesford Pool interior Township office new entrance

Vehicles

November 29, 2016 7

Zorra Fire Services Tanker/pumper Thamesford Station Public Works Tandem

Infrastructure

November 29, 2016 8

Road 74 Hot Mix Paving 2.7 km. Road 92 Tar/Chip 4.8 km

Infrastructure Cont’d

November 29, 2016 9

McCready Drain Culvert Bridge 35 –Road 80

Infrastructure Cont’d

November 29, 2016 10

Road 78 rebuild deficient areas Before After

Infrastructure Cont’d

November 29, 2016 11

33rd Line Rebuilt 2.0 km gravel Road

Machinery & Equipment

November 29, 2016 12

Ball Diamond Conditioner Compressor Embro Arena Fire SCBA units Furniture for new Fire station in Thamesford

2017 Capital Budget – What are we planning?

Capital Expenditures 2017 Budget Comments Debenture Payments 959,824.00 Reflects payment schedule Transfer To Reserves 665,000.00 Same as 2016 General–Building/computers 46,800.00 Council Renovations; computer replacements Multi-buildings 39,200.00 Keypad entry system; alarm monitoring Fire – Building 52,500.00 Uniondale firehall parking lot Fire- Vehicles 40,250.00 Fire chief pickup Fire – Radio Communication 60,000.00 2nd half of joint rural radio system Fire - Equipment 125,000.00 same budget amount as in 2016 Recreation – Buildings 405,000.00 Elevator lift Embro Townhall; Replace Roof Harrington Townhall; replace deck/plumbing Thamesford Pool Recreation – Machinery/Equipment 103,000.00 Dehumidifier Embro Arena; Tractor & Trailer with mower for Parks; Recreation – Infrastructure 103,500.00 Embro Soccer Field; Exterior lights Embro Arena; electrical panel for Beach Volleyball court Thamesford Roads – Vehicles/Machinery & Equipment 590,000.00 Grader and Tractor with mower attachments Roads - Road Construction 1,012,500.00 Road 78 and North Town Line Roads – Bridges and Culverts 488,500.00 Six bridge structures; various repairs Total Capital Expenditures 4,691,074.00 November 29, 2016 13

2017 Capital Budget – how are we financing it?

Capital Financing 2017 Budget Comments OCIF annual Grant – Rural Infrastructure 50,000.00 Road 78 Canada 150 Grant 37,500.00 Embro Soccer field Ontario 150 Grant/Community Grant * pending approval of application 127,500.00 Elevator Embro Townhall Other Revenues – MNR Royalties and Interest 285,000.00 Road 78 Other Revenues – Federal Gas Tax 245,000.00 Bridges Other Revenues – Erie Thames Interest 59,000.00 Debt repayment Contributions from Reserves – Fire Fleet 40,250.00 Fire Chief pickup Contributions from Reserves - Fire – Radio Communication 60,000.00 Radio system Contributions from Reserves – Recreation 250,500.00 Recreation capital Contributions from Reserves – Roads Fleet 590,000.00 Roads Fleet Subtotal of Other Revenues Sources 1,744,750.00 2017 Capital Tax Levy – BASE LEVY AMOUNT 2,456,800.00 Resulting in SHORTFALL of capital tax levy: 489,524.00 Therefore resulting in Transfer from Infrastructure Reserve of $489,524.00; Reserve balance as at December 31, 2016 is estimated to be $608,628.00. November 29, 2016 14

2017 Capital Expenditures- Details

November 29, 2016 15

Council Chambers Renovations $36,800.00 Computers upgrades $10,000.00 KeyPad entry system/software- Township Office $9,100.00 Fire Department various capital equipment replacement $125,000.00 Fire Radio Communication – 2nd half of joint rural system $60,000.00 Replace Dehumidifier at Embro Arena $75,000.00 Parks Tractor with trailer and mower attachment $28,000.00 Uniondale Fire station – replace asphalt parking lot $52,500.00 KeyPad entry system – Both arenas; thamesford library $20,600.00 Embro Town Hall - install elevator to outside of building only if application for funding under Ontario 150 Grant Program is successful. $150,000.00

2017 Capital Expenditures- Details

November 29, 2016 16

Embro Soccer Field redevelopment – Canada 150 Project $75,000.00 Install more exterior lights at Embro Arena $25,000.00 Install electrical panel to building for future hydro access to beach volleyball court area $3,500.00 Harrington Hall – replace roof $85,000.00 Thamesford pool – replace deck and plumbing $170,000.00 Purchase pickup for Fire Chief $40,250.00 Keypad Entry system – both road shops $9,500.00 Replace 1999 Champion Grader $395,000.00 Replace 1977 Tractor and mowers $195,000.00 Bridge repairs as per Keystone Bridge Inspection report $488,500.00 Road 78 from 23rd to 27th Line – rebuild gravel road $735,000.00 North Town Line – between Pemberton and Mutual boundary road with Ingersoll $277,500.00

2017-2021 Capital Budget Plan

During the 2016 Budget deliberations; Council was presented with proposed 5 Year capital budget (2016-2020); which listed capital projects, sources of funding and proposed capital tax levy requirements for this period and its impact on Reserves and Reserve Funds. Staff has updated the 5 Year Capital Budget Plan and Capital Levy Funding for Council to review. 2017 TO 2021 CAPITAL BUDGET.xlsx

November 29, 2016 17

TOWNSHIP OF ZORRA 2017 2018 2019 2020 2021 Total Expenditures Debenture Payments $ 959,824.00 $ 941,258.00 $ 929,360.00 $ 1,251,127.00 $ 1,226,167.00 $ 5,307,736.00 Transfer to Reserves- Tax levy - base level $ 665,000.00 $ 665,000.00 $ 665,000.00 $ 665,000.00 $ 665,000.00 $ 3,325,000.00 Capital Expenditures - from detail Listing General Department -Building $ 45,900.00 $ - $ - $ - $ 45,900.00 General Department -Equipment $ 10,000.00 $ 10,000.00 $ 10,000.00 $ 10,000.00 $ 10,000.00 $ 50,000.00 Fire Department -Building $ 52,500.00 $ - $ - $ - $ - $ 52,500.00 Fire Department -Vehicles $ 40,250.00 $ 40,250.00 $ - $ - $ - $ 80,500.00 Fire Department - Equipment $ 185,000.00 $ 125,000.00 $ 125,000.00 $ 125,000.00 $ 125,000.00 $ 685,000.00 Recreation -Buildings $ 425,600.00 $ 160,000.00 $ 5,000.00 $ 130,000.00 $ - $ 720,600.00 Recreation - Machinery/Equipment $ 206,500.00 $ 70,000.00 $ - $ - $ - $ 276,500.00 Roads- Buildings $ 9,500.00 $ - $ 6,000,000.00 $ - $ - $ 6,009,500.00 Roads - Vehicles $ 590,000.00 $ 260,000.00 $ 320,000.00 $ 510,000.00 $ 522,000.00 $ 2,202,000.00 Road Construction $ 1,012,500.00 $ 1,518,200.00 $ 881,000.00 $ 634,925.00 $ 422,000.00 $ 4,468,625.00 Bridges and Culvert Construction $ 488,500.00 $ 480,000.00 $ 419,000.00 $ 666,000.00 $ 337,000.00 $ 2,390,500.00 Total Capital Expenditures $ 4,691,074.00 $ 4,269,708.00 $ 9,354,360.00 $ 3,992,052.00 $ 3,307,167.00 $ 25,614,361.00 Funding Sources

• OCIF annual grant - Road infrastructure

$ (50,000.00) $ (58,520.00) $ (92,604.00) $ (50,000.00) $ (50,000.00) $ (301,124.00)

• Canada 150 Grant - Recreation Soccer Field

$ (37,500.00) $ - $ - $ - $ - $ (37,500.00)

• Other Revenues - Community

$ (127,500.00) $ - $ - $ - $ - $ (127,500.00)

• Contributions from Reserves

$ (940,750.00) $ (887,000.00) $ (1,401,715.00) $ (640,000.00) $ (522,000.00) $ (4,391,465.00)

• Contributions from Reserve Funds

$ (322,500.00) $ (322,500.00)

• Other Revenues MNR/Federal Gas Tax

$ (530,000.00) $ (530,000.00) $ (570,000.00) $ (570,000.00) $ (570,000.00) $ (2,770,000.00)

• Other Revenues -Erie Thames Interest

$ (59,000.00) $ (59,000.00) $ (59,000.00) $ (59,000.00) $ (59,000.00) $ (295,000.00)

• New Long Term Debenture

$ - $ - $ (4,923,285.00) $ - $ - $ (4,923,285.00) $ (1,744,750.00) $(1,857,020.00) $ (7,046,604.00) $ (1,319,000.00) $ (1,201,000.00) $ (13,168,374.00) CAPITAL TAX LEVY REQUIREMENT $ (2,946,324.00) $ (2,412,688.00) $ (2,307,756.00) $ (2,673,052.00) $ (2,106,167.00) $ (10,339,820.00) AVERAGE CAPITAL LEVY (5 YEARS) $ (2,456,800.00) $(2,456,800.00) $ (2,456,800.00) $ (2,456,800.00) $ (2,456,800.00) $ (12,284,000.00) TRANSFER TO/FROM INFRASTRUCTURE RESERVE $ 489,524.00 $ (44,112.00) $ (149,044.00) $ 216,252.00 $ (350,633.00) $ 161,987.00

November 29, 2016 18

Reserves and Reserve Funds

The Township has four categories of Reserves and Reserve Funds. Below lists those categories and projected reserve balances as at December 31, 2016. It is anticipated that changes will occur in the Surplus/Deficit Reserve and Building Department Reserve Fund when the 2016 fiscal year has ended and after audit.

November 29, 2016 19

Operational Reserves

• Working Fund ($541,209)
• Insurance Deductible

($58,680)

• Surplus/Deficit ($192,119)

Discretionary Reserves where annual contributions from current year tax levy

• Fire Reserve ($132,100)
• Public Works Housing

($851,715)

• Roads Vehicles/Equipment

($221,461)

• Recreation ($603,311)
• Infrastructure Reserve

($608,628) Discretionary Reserves where contributions from other revenue sources

• Village Affairs/Erie Thames

($22,635)

• MNR Tonnage Surcharge

($777,245) Non Discretionary Reserves where contributions from

• ther revenue sources
• Parkland/Severance Fees

($43,296)

• Building Dept Services

($105,652)

• Development Charges

($22,241)

• Federal Gas Tax ($221,857)

Reserves and Reserve Funds Cont’d

TOWNSHIP OF ZORRA - RESERVE AND RESERVE FUNDS WITH INFRASTRUCTURE COMMITMENT RESERVES Dec 31, 2016 Closing Balances 2017 2018 2019 2020 2021 Dec 31, 2021 Closing Balances Working Fund $ 541,209.00 $ - $ - $ - $ - $ - $ 541,209.00 500-0050-000;500-0100-000;500-0210-000 Insurance Deductible $ 58,680.00 $ - $ - $ - $ - $ - $ 58,680.00 500-0101-000 Surplus/Deficit Reserve $ 192,118.82 $ - $ 192,118.82 500-0108-000 $ 792,007.82 $ - $ - $ - $ - $ 792,007.82 Fire Reserve $ 132,100.00 $ 100,000.00 $ 100,000.00 $ 100,000.00 $ 100,000.00 $ 100,000.00 $ 134,850.00 500-0120-000;500-0120-122 $ (100,250.00) $ (397,000.00) Public Works Housing $ 851,715.00 $ 75,000.00 $ 75,000.00 $ 75,000.00 $ 75,000.00 $ 75,000.00 $ 150,000.00 500-0159-000 $ (1,076,715.00) Roads - Vehicles/Equipment $ 221,461.00 $ 410,000.00 $ 410,000.00 $ 410,000.00 $ 410,000.00 $ 410,000.00 $ 69,461.00 500-0160-000 $ (590,000.00) $ (260,000.00) $ (320,000.00) $ (510,000.00) $ (522,000.00) Recreation $ 603,311.00 $ 80,000.00 $ 80,000.00 $ 80,000.00 $ 80,000.00 $ 80,000.00 $ 425,311.00 500-0240-000 $ (213,000.00) $ (230,000.00) $ (5,000.00) $ (130,000.00) $ - Infrastructure Capital levy $ 419,958.00 $ (489,524.00) $ (312,638.00) $ 149,044.00 $ (216,252.00) $ 350,633.00 $ 89,891.00 2016 capital levy surplus $ 188,670.00 $ 2,417,215.00 $ (727,774.00) $ (534,638.00) $ (587,671.00) $ (191,252.00) $ 493,633.00 $ 869,513.00 RESERVES Dec 31, 2016 Closing Balances 2017 2018 2019 2020 2021 Dec 31, 2021 Closing Balances Village Affairs/Erie Thames $ 22,635.00 $ 59,000.00 $ 59,000.00 $ 59,000.00 $ 59,000.00 $ 59,000.00 $ 22,635.00 500-0180-000 $ (59,000.00) $ (59,000.00) $ (59,000.00) $ (59,000.00) $ (59,000.00) MNR Tonnage surcharge Fund $ 777,244.85 $ 285,000.00 $ 285,000.00 $ 325,000.00 $ 325,000.00 $ 325,000.00 $ 454,744.85 $ (322,500.00) 500-0161-000 $ (285,000.00) $ (285,000.00) $ (325,000.00) $ (325,000.00) $ (325,000.00) Severance Fees/Parkland $ 43,296.00 $ - $ - $ - $ - $ - $ 5,796.00 500-0461-000 $ (37,500.00) Building Department $ 105,651.55 $ 105,651.55 500-0130-000 Development Charges Fund $ 22,240.96 $ 22,240.96 500-0401-000 Federal Gas Tax Fund $ 221,856.89 $ 245,000.00 $ 245,000.00 $ 245,000.00 $ 245,000.00 $ 245,000.00 $ 221,856.89 500-0103-000 $ (245,000.00) $ (245,000.00) $ (245,000.00) $ (245,000.00) $ (245,000.00) TOTAL OF RESERVE FUNDS $ 1,192,925.25 $ (37,500.00) $ (322,500.00) $ - $ - $ 832,925.25 $ 4,402,148.07 $ (765,274.00) $ (857,138.00) $ (587,671.00) $ (191,252.00) $ 493,633.00 $ 2,494,446.07

November 29, 2016 20

2017 Operating Budget

The 2016 Operating Budget initially required a operating levy of $4,518,189.00; to help alleviate the financial impact of this levy on taxpayers; Council authorized a transfer of $120,000.00 from the Surplus/Deficit Reserve. Which subsequently established the 2016 operating levy to be $4,398,189.00; $268,260.00 or 6.5% over 2015 levy. As Council is aware, in 2016 the Province further reduced Zorra’s Ontario Municipal Partnership Fund grant (OMPF) by $228,000.00; which makes up 85% of the increase in tax levy requirement in 2016. For 2017, the Province has released the 2017 OMPF allocation notices, and the Township will see another overall decrease of $188,700.00.

November 29, 2016 21

Year 2016 2017 Dollar decrease Rural Community Grant $ 535,000.00 $ 622,300.00 $ 87,300.00 Nothern or Rural Fiscal Circumstances Grant $ 30,200.00 $ 30,200.00 $ - Transitional Assistance $ 692,900.00 $ 416,900.00 $ (276,000.00) Total OMPF $ 1,258,100.00 $ 1,069,400.00 $ (188,700.00)

2017 Operating Budget Cont’d

The OMPF was redesigned in 2014 following consultations with municipalities from across the province and Association of Municipalities of Ontario (AMO). In a letter to Municipal Councils; the 2017 OMPF reflects the core objectives of the redesigned program, while balancing the range of views expressed by municipalities through this year’s consultations. The 2017 program will further target support to municipalities with more challenging fiscal circumstances by increasing the Northern and Rural Fiscal Circumstances Grant to $82 million from $67 million in 2016. This is an increase of over 20 per cent to this grant component and means that municipalities with more challenging fiscal circumstances will see their funding through this grant component increase in 2017. In 2017, the Rural Communities Grant will be increased to $148 million from $143 million in 2016 to further target funding to municipalities across the province with the highest levels of farm land. Finally, in order to help municipalities as they adjust to the redesigned program, municipalities will continue to receive a guaranteed minimum level of funding. The 2017 minimum funding guarantee for municipalities in southern Ontario will be at least 85 per cent of their 2016 OMPF allocations and for municipalities in northern Ontario will be at least 90 per cent of their 2016 OMPF allocations.

November 29, 2016 22

2017 Operating Budget Cont’d

November 29, 2016 23

For comparison purposes; below is the impacts of the OMPF program to Oxford Rural Municipalities.

Township of Zorra Year 2014 2015 2016 2017 Net Change Rural Community Grant 449,700.00 $ 449,400.00 $ 535,000.00 $ 622,300.00 $ 172,600.00 $ Nothern or Rural Fiscal Circumstances Grant 27,000.00 $ 24,100.00 $ 30,200.00 $ 30,200.00 $ 3,200.00 $ Transitional Assistance 1,373,400.00 $ 1,006,600.00 $ 692,900.00 $ 416,900.00 $ (956,500.00) $ Total OMPF 1,850,100.00 $ 1,480,100.00 $ 1,258,100.00 $ 1,069,400.00 $ (780,700.00) $ Blandford-Blenheim Year 2014 2015 2016 2017 Net Change Rural Community Grant 380,200.00 $ 381,600.00 $ 434,600.00 $ 492,100.00 $ 111,900.00 $ Nothern or Rural Fiscal Circumstances Grant 15,300.00 $ 15,400.00 $ 14,400.00 $ 14,500.00 $ (800.00) $ Transitional Assistance 437,500.00 $ 269,400.00 $ 117,500.00 $

• $

(437,500.00) $ Total OMPF 833,000.00 $ 666,400.00 $ 566,500.00 $ 506,600.00 $ (326,400.00) $ East Zorra Tavistock Year 2014 2015 2016 2017 Net Change Rural Community Grant 360,800.00 $ 364,800.00 $ 446,000.00 $ 534,100.00 $ 173,300.00 $ Nothern or Rural Fiscal Circumstances Grant 45,700.00 $ 46,400.00 $ 52,000.00 $ 52,600.00 $ 6,900.00 $ Transitional Assistance 761,000.00 $ 522,800.00 $ 295,900.00 $ 88,200.00 $ (672,800.00) $ Total OMPF 1,167,500.00 $ 934,000.00 $ 793,900.00 $ 674,900.00 $ (492,600.00) $ Township of Norwich Year 2014 2015 2016 2017 Net Change Rural Community Grant 520,300.00 $ 521,200.00 $ 615,800.00 $ 723,100.00 $ 202,800.00 $ Nothern or Rural Fiscal Circumstances Grant 104,100.00 $ 97,700.00 $ 113,200.00 $ 109,900.00 $ 5,800.00 $ Transitional Assistance 746,000.00 $ 477,500.00 $ 203,000.00 $

• $

(746,000.00) $ Total OMPF 1,370,400.00 $ 1,096,400.00 $ 932,000.00 $ 833,000.00 $ (537,400.00) $

2017 Operating Budget Cont’d

The 2016 fiscal year has not yet been completed; however preliminary review of operating budget to actual figures to date; staff is anticipating a small overall operating surplus. This will not be known until mid January, 2017. Subsequently for the purpose of 1st draft of the 2017 operating budget; we are identifying areas and proposed projects that will have an impact on the financial needs for 2017.

• 2016 Contribution from the Tax Stabilization Reserve

$120,000.00

• 2017 OMPF reduction in grant

$188,700.00

• Canada 150 Celebration allocation

$ 10,000.00

• Water and Wheels Committee allocation

$ 10,000.00

• Recreation Master Plan Consultant

$ 60,000.00

• Recreation Scheduling software/computer upgrades

$ 13,400.00

• Recreation programming –seed money

$ 5,000.00

• Wages and Benefits – COL 1.5%

$ 59,900.00

• Summer student

$ 6,350.00 Subtotal of potential additional operating requirements $ 473,350.00

November 29, 2016 24

2016 Operating Budget Cont’d

In 2016 the Township tax levy was $6,854,989.00

– Operating expenditures $4,398,189.00 – Capital expenditures $2,456.800.00

The 2017 1st draft based on high level review as noted on the previous slide: Municipal Budget requires a tax levy of $7,328,339.00

– Operating expenditures $4,871,539.00 – Capital expenditures $2,456,800.00 (no change)

Therefore an increase of total township levy dollars of $473,350.00 or 6.91%

November 29, 2016 25

Suggested next Steps?

In May 2016 Council was presented with the following proposed Budget Plan for 2017; subsequently the next stage proposed is to host a public meeting on December 8, 2016. Staff is recommending that this public meeting be moved until early January to allow Council to provide direction on this presentation and provide enough time to effective advertise this meeting.

November 29, 2016 26