Operating Amendments

Transcription

1 Amendment Summaries

2 Operating Amendments

3 Operating Budget Amendments Recommended New Council Direction Case # 1 - London Music Industry Development Office To continue the London Music Industry Development Office on a two year temporary basis. A strategic use of the Economic Development Reserve Fund is recommended in 2018 and 2019 resulting in no impact to the tax levy. Case # 2 - Councillors' Annual Compensation Effective with the commencement of the next term of Council, the annual compensation for serving as a Ward Councillor will be set at the 2016 median full-time employment income for Londoners. Note: The Multi-Year Budget Amendment Cases 1-6 impacting the property tax supported operating budget result in the average annual tax levy increase from rates remaining at 2.8% for the Multi-Year Budget period.

4 Operating Budget Amendments Recommended Cost Revenue or Driver Case # 3 - Upper Thames River Conservation Authority (UTRCA) 10 Year Environmental Targets Strategic Plan An operating budget increase to support the Environmental Targets Strategic Plan approved by the UTRCA Board of Directors in June Case # 4 Dundas Place Ongoing Place Management An operating budget increase to support management, maintenance, security, and activation of Dundas Place partially offset with a strategic use of the Economic Development Reserve Fund in 2018 and Case # 5 - Elimination of the Annual Payment to the Stiller Centre As a result of its achievements, the Stiller Centre for Technology Commercialization of the University of Western Ontario Research and Development Park no longer requires an annual subsidy. Case # 6 Increased Ontario Works Administration Subsidy London s share of Provincial subsidy increased as a result of a higher average caseload. Note: The Multi-Year Budget Amendment Cases 1-6 impacting the property tax supported operating budget result in the average annual tax levy increase from rates remaining at 2.8% for the Multi-Year Budget period Case 5 and 6 represent budget reductions.

5 Operating Budget Amendments Recommended New Regulation Case # 7 - Proposed Minimum Wage Increases The Ontario government announced its intention to increase the minimum wage from $11.60/hour to $14.00/hour effective January 1, 2018 (20.7% increase) and $15.00/hour effective January 1, 2019 (7.1% increase). An operating budget increase is recommended to reflect the proposed increase, partially offset by user fee revenues. Note: The Multi-Year Budget Amendment Cases 1-8 impacting the property tax supported operating budget result in the average annual tax levy increase from rates rising from 2.8% to 3% for the Multi-Year Budget period.

6 Operating Budget Amendments Recommended In-Camera Confidential Matter Case # 8 - Confidential Matter - "In-Camera A matter pertaining to labour relations and employee negotiations, advice or recommendations of officers and employees of the Corporation including communications necessary for that purpose, and for the purpose of providing instructions and directions to officers and employees of the Corporation. Note: The Multi-Year Budget Amendment Cases 1-8 impacting the property tax supported operating budget result in the average annual tax levy increase from rates rising from 2.8% to 3% for the Multi-Year Budget period.

7 Capital Amendments

8 Capital Budget Amendments Lifecycle Renewal Case # 9 - Invasive Species Management Strategy Increased funding for invasive species management and removal. Case # 10 - London Police Service - Capital Plan Changes Changes to the London Police Service capital plan to address increased funding for replacement vehicles and information technology storage server, partially offset by a reduction from a change in equipment requirements. Case # 11 - Exterior Lighting Redesign & Replacement for all London & Middlesex Housing Corporation (LMHC) Sites Replacement and redesign of exterior lighting at LMHC sites is required to replace these systems which are at, or approaching, the end of their useful lives, improve efficiency of lighting system components and to improve site safety. Note: Capital budget amendments can be accommodated within the capital plan without impacting the tax levy.

9 Capital Budget Amendments Growth Case # 12 - Realignment of Growth Parks Projects Changes to the timing of various parks projects to align with changes in timing of subdivision development, noting that there is no additional funding requirement to the 10 year capital plan. Case # 13 - Deferral of New Fire Station 15 Deferral of new fire station to be located in the southeast area of the City from 2020 to 2022, as well as increased funding to address higher costs resulting from recent trends in facility construction pricing. Case # 14 - Adelaide Street - CPR Grade Separation Project previously identified beyond the 10 year plan is being advanced to align with the rapid transit system plan. Construction is now planned to occur as early as Note: Capital budget amendments can be accommodated within the capital plan without impacting the tax levy.

10 Capital Budget Amendments Growth Continued Case # 15 - Western Road Widening - Platts Lane to Oxford Street Additional funding required due to project modifications resulting from the detailed design. Case # 16 - Realignment of Growth Transportation Projects Changes to the timing of various transportation projects resulting in no additional funding requirement to the 10 year capital plan. Note: Capital budget amendments can be accommodated within the capital plan without impacting the tax levy.

11 Capital Budget Amendments Service Improvement Case # 4 - Dundas Place Field House Increased funding for a physical indoor space ( field house ) accessible on Dundas Place required to support the day-to-day operations of the Dundas Flexible Street. Case # 17- Farquharson, Glen Cairn & Silverwoods Arenas Decommissioning Increased funding to address higher costs from recent trends in facility construction pricing. Case # 18 - Relocation of Existing Resources to New Fire Station 16 Deferral of new fire station to be located in the Wharncliffe area south of Springbank Dr. toward Commissioners Rd. W. from 2020 to 2022, as well as increased funding to address higher costs resulting from recent trends in facility construction pricing. Case # 19 - Western Rd. & Philip Aziz Ave. Improvements Deferred Road improvements at Western Rd. and Philip Aziz Ave. deferred from 2018 to 2020 to enable coordination with Rapid Transit improvements that are in development through the Shift Environmental Assessment. Note: Capital budget amendments can be accommodated within the capital plan without impacting the tax levy.

12 Capital Budget Amendments Impacting Forecast Northwest Branch Library Update Increased funding to address higher costs from recent trends in facility construction pricing. London Convention Centre Capital Projects Realigning Refinements to the capital plan resulting in a small increase for event furniture and fixtures. Additional Funding For New Spray Pads Increased funding to address higher costs from recent trends in construction pricing. Replacement & Relocation of Fire Training Tower Project has been adjusted to reflect the timing of when funds will be required for design and construction (construction planned for 2024), noting that no additional funding is required. Note: A budget amendment case is not required since these capital project adjustments do not impact the multi-year budget period.

13 Capital Budget Amendments Impacting Forecast Parking Technology System Additional funding required in 2022 to address lifecycle renewal requirements of the parking technology system. Realignment of Growth Transportation Projects Only Impacting Changes to the timing of various transportation projects resulting in no additional funding requirement to the 10 year capital plan. Vehicle and Equipment Replacements Additional funding required for replacement of vehicle and equipment based on ongoing market evaluations, cost experience and annually adjusted replacement value research. Note: A budget amendment case is not required since these capital project adjustments do not impact the multi-year budget period.

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