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MINUTES - General Committee - 20121105 THE TOWN OF AURORA SPECIAL GENERAL COMMITTEE 2013 BUDGET REVIEW MEETING REPORT Council Chambers Aurora Town Hall Monday, November 5, 2012 ATTENDANCE COMMITTEE MEMBERS Mayor Dawe in the Chair; Councillors Abel, Ballard, Buck, Gallo, Humfryes, Pirri, and Thompson MEMBERS ABSENT Councillor Gaertner OTHER ATTENDEES Chief Administrative Officer, Director of Customer and Legislative Services/Town Clerk, Director of Corporate and Financial Services/Treasurer, Manager of Financial Planning, and Council/Committee Secretary Mayor Dawe called the meeting to order at 7:02 p.m. I DECLARATION OF PECUNIARY INTEREST AND GENERAL NATURE THEREOF There were no declarations of pecuniary interest under the Municipal Conflict of Interest Act. II APPROVAL OF THE AGENDA General Committee recommends: THAT the agenda as circulated by the Customer and Legislative Services Department be approved. CARRIED III DELEGATIONS (a) Dan Elliott, Director of Corporate and Financial Services/Treasurer Re: 2013 Operating Budget Preparation Update and Introduction to Capital Investment Plan Mr. Elliott presented an overview of the Budget cycle and process, expected 2013 tax rate pressures and impact to the taxpayer, and the status of the Operating Budget preparations. He provided an introduction to the 2013 Capital Budget and a review of Capital spending including Repair & Replacement, Growth & New, and Studies & Other projects. Mr. Elliott reviewed the Reserves and Reserve Funds balances history and forecast, and his recommendations. General Committee recommends: THAT the delegation of Mr. Dan Elliott be received for information. CARRIED Special General Committee – 2013 Budget Review Meeting Report Monday, November 5, 2012 Page 2 of 2 IV PUBLIC CONSULTATION – OPEN SESSION – OPPORTUNITY FOR MEMBERS OF THE PUBLIC TO PROVIDE INPUT REGARDING THE 2013 BUDGET Ms Svetoslava Topouzova inquired about whether the Reserve Funds are calculated as a percentage of the Town’s Budget. She further inquired about the long-term planning and use of Reserve Funds and whether a project such as land being designated as public parkland would be a feasible use of the Reserve Funds. V CONSIDERATION OF ITEMS 1. CFS12-044 – 2013 Draft Capital Budgets – Overview Report General Committee recommends: THAT report CFS12-044 and accompanying presentation be received as an overview of the 2013 Capital Investment Plan; and THAT the detailed Draft Capital Investment Plan be reviewed at Special General Committee meetings scheduled during November 2012; and THAT following the capital budget deliberation meetings, staff bring forward to Council all items within the Capital Investment Plan that are not deferred to Operating Budget deliberations by Committee. CARRIED VI ADJOURNMENT General Committee recommends: THAT the meeting be adjourned at 8:42 p.m. CARRIED MAYOR GEOFFREY DAWE JOHN D. LEACH, TOWN CLERK THE REPORT OF THE SPECIAL GENERAL COMMITTEE – 2013 BUDGET REVIEW MEETING OF NOVEMBER 5, 2012 RECEIVED FINAL APPROVAL AND COUNCIL ENDORSEMENT OF THE RECOMMENDATIONS ON NOVEMBER 13, 2012.