Agenda - Budget Committee - 20241111Town of Aurora
Budget Committee
Meeting Agenda
Date:Monday, November 11, 2024
Time:6 p.m.
Location:Council Chambers, Aurora Town Hall
Meetings are available to the public in person and via live stream on the Town’s YouTube channel.
To participate, please visit aurora.ca/participation.
Pages
1.Call to Order
2.Land Acknowledgement
3.Approval of the Agenda
4.Declarations of Pecuniary Interest and General Nature Thereof
5.Delegations
6.Consideration of Items
6.1 2025-2026 Departmental Budget Presentations
6.1.1 Council 1
(Binder Tab 6)
(Presentation to be provided by Rachel Wainwright-van Kessel,
Director, Finance)
That the 2025-2026 Council Budget presentation be
received for information.
1.
6.1.2 Office of the Chief Administrative Officer 4
(Binder Tab 7)
(Presentation to be provided by Doug Nadorozny, Chief
Administrative Officer)
That the 2025-2026 Office of the Chief Administrative1.
Officer Budget presentation be received for
information.
6.1.3 Community Services 11
(Binder Tab 8)
(Presentation to be provided by Robin McDougall, Director,
Community Services)
That the 2025-2026 Community Services Budget
presentation be received for information.
1.
6.1.4 Corporate Services 18
(Binder Tab 9)
(Presentation to be provided by Patricia De Sario, Director,
Corporate Services/Town Solicitor)
That the 2025-2026 Corporate Services Budget
presentation be received for information.
1.
6.1.5 Finance 25
(Binder Tab 10)
(Presentation to be provided by Rachel Wainwright-van Kessel,
Director, Finance)
That the 2025-2026 Finance Budget presentation be
received for information.
1.
6.1.6 Operational Services 32
(Binder Tab 11)
(Presentation to be provided by Sara Tienkamp, Director,
Operational Services)
That the 2025-2026 Operational Services Budget
presentation be received for information.
1.
6.1.7 Planning and Development Services 40
(Binder Tab 12)
(Presentation to be provided by Marco Ramunno, Director,
Planning and Development Services)
That the 2025-2026 Planning and Development
Services Budget presentation be received for
information.
1.
6.1.8 Corporate Items 47
(Binder Tab 13)
(Presentation to be provided by Rachel Wainwright-van Kessel,
Director, Finance)
That the 2025-2026 Corporate Items Budget
presentation be received for information.
1.
7.Adjournment
TOWN OF AURORACouncil2025-2026 Operating BudgetNovember 11, 2024Page 1 of 49
November 11, 2024 2025 - 2026 Budget2Budget Change Summary$000's2024 2024 2025 20262022 2023 Net Fcst* Budget Budget BudgetExpenditures 575.9 651.7 710.2 723.8 748.1 764.5Non-Tax Revenues (46.2) (77.5) (75.1) (75.0) (45.0) -Net Tax Levy 529.7 574.2 635.1 648.8 703.1 764.5% Tax Funded 92% 88% 89% 90% 94% 100%Net Budget Change $ 44.5 60.9 13.7 54.3 61.4% 8.4% 10.6% 2.2% 8.4% 8.7%*Net forecast as of August 31, 2024Net Actual ResultsPage 2 of 49
November 13, 2023 2024 - 2026 Budget3Changes to the budget outlookFTE $000's FTE $000's2024 Budget Outlook 1 693.0 1 754.4Prior Year Restatements 10.1Budget Changes to OutlookSalaries and benefits adjustments 12.3 0.3Meeting expenses 0.5 -Photocopier contract savings (2.7) (0.3)Budget Change to Outlook 1 10.1 1 10.1Total Budget 1 703.1 1 764.52025 2026Page 3 of 49
TOWN OF AURORACAO Office2025-2026 Operating Budget and 10-Year Capital PlanNovember 11, 2024Page 4 of 49
22024 AccomplishmentsNovember 11, 2024 2025 - 2026 Budget•Strengthened internal communications by completing staff communications survey and launch of Intranet Refresh Project•Finalized updated Brand Standards Policy & Brand Standard Guide•Major improvements to search-bar functionality and accessibility on website•43,000 video views across Town Channels in Q1 of 2024 alone, a 253% increase from previous year•Launched AuroraTownSquare.ca •Oversaw all marketing and communications for Town Square Grand Opening Page 5 of 49
3Key 2025 ObjectivesNovember 11, 2024 2025 - 2026 Budget•Continued Implementation of tactics in Multi-Year Strategic Communicaitons Plan, 2023-2026•Large Project Support •Organizational Structural Review•Website Host Platform and Content Migration Project •Employment Engagement Survey Action Plans•Enhancements to community engagement program Page 6 of 49
November 11, 2024 2025 - 2026 Budget4Budget Change Summary$000's2024 2024 2025 20262022 2023 Net Fcst* Budget Budget BudgetExpenditures 1,519.8 1,501.3 1,696.9 1,726.3 1,854.9 1,752.6Non-Tax Revenues (97.0) (68.5) (104.1) (104.3) (96.6) (0.3)Net Tax Levy 1,422.8 1,432.8 1,592.8 1,622.0 1,758.2 1,752.3% Tax Funded 94% 95% 94% 94% 95% 100%Net Budget Change $ 10.0 160.0 29.2 136.2 (5.9)% 0.7% 11.2% 1.8% 8.4% (0.3%)*Net forecast as of August 31, 2024Net Actual ResultsPage 7 of 49
November 13, 2023 2024 - 2026 Budget5Changes to the budget outlookFTE $000's FTE $000's2024 Budget Outlook 9 1,671.2 9 1,718.0Prior Year Restatements 87.0Budget Changes to OutlookSalaries and benefits adjustments (10.7) 48.9Continuation of communications project management 101.1 (101.1)Website management 0.3 -Photocopier contract savings (3.7) (0.4)Budget Change to Outlook - 87.0 - 34.3Total Budget 9 1,758.2 9 1,752.32025 2026Page 8 of 49
November 11, 2024 2025 - 2026 Budget62024 Proposed Capital BudgetAsset Management - 50.0 50.0 - - 25.0 25.0Growth & New - - - - - - -Studies & Other 125.0 125.0 - 61.9 63.1 - -Approved Budget 125.0 175.0 50.0 61.9 63.1 25.0 25.0* Includes all active project budgets, adjustments to project budgets and new budget commitments($000s)Previously Approved Budget2025 Budget Capital Budget Authority Cash FlowCapital Budget Authority*Budget ChangeActuals to Dec/232024Forecast2025 2026+Page 9 of 49
7Key capital projects November 11, 2024 2025 - 2026 Budget• AM-F-0509: WEBSITE HOST PLATFORM UPDATE AND MIGRATION PROJECTPage 10 of 49
TOWN OF AURORACommunity Services2025-2026 Operating Budget and 10-Year Capital PlanNovember 11, 2024Page 11 of 49
22024 AccomplishmentsNovember 11, 2024 2025 - 2026 Budget•Hosted the Aurora Town Square Grand Opening (Sept 21-Oct 13)•Completed agreements with the Aurora Barbarians Rugby Football Club and the York Region District School Board for the development and shared use of two new artificial turf sports fields.•Conducted over 40 private Civil Ceremonies, issued over 250 provincial marriage licences•Completed several capital projects including roof replacements, sports dome air conditioning, installation of back flow preventors, security camera upgrades, pool and ice plant equipment upgrades.•Completed the Roadmap for Persons with a Disability, a strategic plan that documents recreation programming for persons with a disability over a five-year period.•Completed and received approval of the 2024-2028 Cultural Action Plan.Page 12 of 49
3Key 2025 ObjectivesNovember 11, 2024 2025 - 2026 Budget•Monitor and grow activity at Aurora Town Square to maximize the opportunities that exist for added cultural and community activities within the expanded facility. Update Business Plan.•Open the SARC Gymnasium addition to the public early in 2025.•Close-out for ATS and SARC construction projects.•Implement strategies and recommendations from the Sport Plan Refresh•Meet the requirements for High Five Registered municipality and work towards Certification.•Complete policy review for Municipal Alcohol Policy and Third-Party Events in Outdoor Facilities PolicyPage 13 of 49
November 11, 2024 2025 - 2026 Budget4Budget Change Summary$000's2024 2024 2025 20262022 2023 Net Fcst* Budget Budget BudgetExpenditures 16,785.6 18,991.0 21,161.3 21,342.6 22,508.4 23,293.8Non-Tax Revenues (6,418.2) (8,105.2) (8,515.8) (8,559.9) (9,156.2) (9,445.5)Net Tax Levy 10,367.3 10,885.8 12,645.5 12,782.7 13,352.3 13,848.4% Tax Funded 62% 57% 60% 60% 59% 59%Net Budget Change $ 518.4 1,759.7 137.2 569.6 496.1% 5.0% 16.2% 1.1% 4.5% 3.7%*Net forecast as of August 31, 2024Net Actual ResultsPage 14 of 49
November 13, 2023 2024 - 2026 Budget5Changes to the budget outlookFTE $000's FTE $000's2024 Budget Outlook 81 13,475.3 81 13,936.1Prior Year Restatements (123.0)Budget Changes to OutlookSalaries and benefits adjustments 28.2 49.5Facilities lease revenues 96.3 -Facilities energy savings net of materials increases (195.0) -Facility rental and advertising revenue increases net of costs (15.9) (25.2)Sport Aurora 50.0 -Cultural Services Action Plan 50.0 -Public Art maintenance - 12.5Special events 14.3 -Community Programs additional revenues net of costs (108.9) 3.8Photocopier contract savings (31.1) (4.2)Other minor adjustments (10.9) (1.2)Budget Change to Outlook 81 (123.0) 81 (87.8)Total Budget 81 13,352.3 81 13,848.42025 2026Page 15 of 49
November 11, 2024 2025 - 2026 Budget62024 Proposed Capital BudgetAsset Management 5,670.4 7,693.4 2,023.0 1,314.7 1,337.9 5,040.8 -Growth & New 68,601.6 68,661.6 60.0 51,697.9 14,513.0 2,450.8 -Studies & Other 465.0 480.0 15.0 193.3 174.2 112.5 -Approved Budget 74,737.0 76,835.0 2,098.0 53,205.9 16,025.0 7,604.1 -Capital ProgramFacilities AM 5,387.0 7,037.0 1,650.0 1,247.9 1,279.4 4,509.7 -Community Program283.4 656.4 373.0 66.9 58.5 531.0 -* Includes all active project budgets, adjustments to project budgets and new budget commitmentsBudget ChangeActuals to Dec/232024Forecast2025 2026+($000s)Previously Approved Budget2025 Budget Capital Budget Authority Cash FlowCapital Budget Authority*Page 16 of 49
7Key capital projects November 11, 2024 2025 - 2026 Budget•AM-F-0499 & 0500: Town Hall Roof Phase 2 & Seniors Centre Roof Repairs•AM-F-0507: AFLC – Youth Room Refresh•AM-F-0502: SARC – Replace Arena Sound System•AM-F-0511: SARC Arena Accessibility Update•GN-F-0103: SARC External Mural•SO-F-0059: Community Diversity & Equity InitiativesPage 17 of 49
TOWN OF AURORACorporate Services2025-2026 Operating Budget and 10-Year Capital PlanNovember 11, 2024Page 18 of 49
22024 AccomplishmentsNovember 11, 2024 2025 - 2026 Budget•Full implementation of AMPS•Animal Services partnership with East Gwillimbury•Rebranding of Town's Corporate Values (UNITE)•New Leadership Competencies•Completion of +25 MYAP initiatives•Supported +85 Council and Committee meetings•Reduced offsite file storage by 33%•Savings in lower insurance premiums and insurance adjustor costsPage 19 of 49
3Key 2025 ObjectivesNovember 11, 2024 2025 - 2026 Budget•Plan for Platinum – Excellence Canada•Select Voting Methods for 2026 Elections•Implement the Risk Management Program•Develop initiatives and programs based on feedback from the Employee Engagement Survey•Expand the AMPS ProgramPage 20 of 49
November 11, 2024 2025 - 2026 Budget4Budget Change Summary$000's2024 2024 2025 20262022 2023 Net Fcst* Budget Budget BudgetExpenditures 6,401.3 7,120.2 7,340.7 7,241.6 7,620.4 8,069.2Non-Tax Revenues (944.8) (926.8) (1,051.6) (860.8) (1,121.6) (1,148.7)Net Tax Levy 5,456.5 6,193.4 6,289.1 6,380.7 6,498.9 6,920.5% Tax Funded 85% 87% 86% 88% 85% 86%Net Budget Change $ 736.8 95.7 91.6 118.1 421.7% 13.5% 1.5% 1.5% 1.9% 6.5%*Net forecast as of August 31, 2024Net Actual ResultsPage 21 of 49
November 13, 2023 2024 - 2026 Budget5Changes to the budget outlookFTE $000's FTE $000's2024 Budget Outlook 39 6,639.3 41 7,067.8Prior Year Restatements (140.5)Budget Changes to OutlookSalaries and benefits adjustments (101.1) 41.8Bylaw vehicle supplies, training and other revenues 8.0 (2.5)Savings in Legal Services (4.4) -Savings in Human Resources (6.1) -Photocopier contract savings (13.9) (1.5)East Gwillimbury joining Animal Services partnership (23.0) (44.5)Budget Change to Outlook - (140.5) - (147.2)Total Budget 39 6,498.9 41 6,920.52025 2026Page 22 of 49
November 11, 2024 2025 - 2026 Budget62024 Proposed Capital BudgetAsset Management 1,632.9 1,632.9 0.0 1,495.1 - 137.8 -Growth & New 773.1 923.1 150.0 479.6 210.7 172.8 60.0Studies & Other 243.2 283.2 40.0 171.1 16.8 75.3 20.0Approved Budget 2,649.2 2,839.2 190.0 2,145.8 227.4 385.9 80.0* Includes all active project budgets, adjustments to project budgets and new budget commitments2026+($000s)Previously Approved Budget2025 Budget Capital Budget Authority Cash FlowCapital Budget Authority*Budget ChangeActuals to Dec/232024Forecast2025Page 23 of 49
7Key capital projects November 11, 2024 2025 - 2026 Budget•GN-F-0077: Parks Accessibility Assessment•SO-F-0: Risk Management Page 24 of 49
November 11, 2024Finance 2025-2026 Operating Budget and 10-Year Capital PlanPage 25 of 49
22024 AccomplishmentsNovember 11, 2024 2025 - 2026 Budget•GFOA Distinguished Budget Presentation Award for 2024 Budget•Successful completion of 2023 financial statement audit using the financial system•Co-led the review and update of the Town’s Asset Management Plan•Implemented all network infrastructure for new Aurora Town Square•Successful creation and adoption of 2024 DC Study and By-lawPage 26 of 49
3Key 2025 ObjectivesNovember 11, 2024 2025 - 2026 Budget•Expand upon new financial system’s capabilities•Seek out new grant opportunities•Continued focus on strong cybersecurity•Continued implementation of the Fiscal StrategyPage 27 of 49
November 11, 2024 2025 - 2026 Budget4Budget Change Summary$000's2024 2024 2025 20262022 2023 Net Fcst* Budget Budget BudgetExpenditures 6,050.6 7,831.1 8,219.5 8,241.2 8,527.2 8,886.8Non-Tax Revenues (660.8) (1,117.3) (1,068.6) (1,000.0) (871.8) (860.1)Net Tax Levy 5,389.8 6,713.8 7,150.9 7,241.2 7,655.3 8,026.7% Tax Funded 89% 86% 87% 88% 90% 90%Net Budget Change $ 1,324.0 437.1 90.3 414.1 371.4% 24.6% 6.5% 1.3% 5.7% 4.9%*Net forecast as of August 31, 2024Net Actual ResultsPage 28 of 49
November 13, 2023 2024 - 2026 Budget5Changes to the budget outlookFTE $000's FTE $000's2024 Budget Outlook 45 7,650.5 45 8,022.1Prior year adjustments4.8Budget Changes to OutlookSalaries and benefits adjustments 45.3 8.8Photocopier contract savings (5.1) (0.7)IT contracts savings (8.2) -Water and tax administration revenues (39.2) (8.3)Next Generation 911 Service 12.0 -Budget Change to Outlook 45 4.8 45 4.7Total Budget 45 7,655.3 45 8,026.72025 2026Page 29 of 49
November 11, 2024 2025 - 2026 Budget62024 Proposed Capital BudgetAsset Management 11,266.4 14,107.4 2,841.0 6,526.3 2,313.5 3,469.5 1,798.0Growth & New 568.1 568.1 (0.0) 240.0 103.1 225.0 -Studies & Other 445.0 615.0 170.0 156.3 161.4 277.3 20.0Approved Budget 12,279.5 15,290.5 3,011.0 6,922.6 2,578.0 3,971.8 1,818.0Capital ProgramFinance 8,672.8 10,622.8 1,950.0 5,988.4 1,502.9 1,731.5 1,400.0IT Services 2,593.5 3,484.5891.0 538.0 810.5 1,738.0 398.0* Includes all active project budgets, adjustments to project budgets and new budget commitmentsBudget ChangeCapital Budget Authority*($000s)2025 BudgetPreviously Approved BudgetCapital Budget Authority Cash FlowActuals to Dec/232024Forecast2025 2026+Page 30 of 49
7Key capital projects November 11, 2024 2025 - 2026 Budget•Studies:•SO-F-0007: IT Strategic Plan (2025)•SO-F-0056: Disaster Recovery Plan for IT•Asset Management:•AM-F-0012: Water Meter Replacement Program (2025-29)•AM0235/6/7: IT equipment replacement (end user/data centre/mobile)•AM-F-0477: ARC Serve Tape Backup Solution •AM-F-0480: Workorder Management SystemPage 31 of 49
November 11, 2024Operational Services2025-2026 Operating Budget and 10-Year Capital PlanPage 32 of 49
22024 AccomplishmentsNovember 11, 2024 2025 - 2026 Budget•Construction of 1.4 kilometres of trails and140 metres of boardwalk•13.24 hectares of parkland acquired for future recreation•Fleet increased to 150 vehicles in 2024 to support front-line work•Completion of the John Abel Park and started construction of a fully accessible playground at Town Park•Railing/retaining wall repair/replacement along Yonge Street •Storm Water Management Pond deficiency mitigation, including phragmites removal to increase capacity•Parking Lot maintenance and repairs at various locations•Implemented pilot windrow removal program for seniors and individuals with disabilities, continues for 2024/25 winter seasonPage 33 of 49
3Key 2025 ObjectivesNovember 11, 2024 2025 - 2026 Budget•Continued modernization and updating of Operational assets to support Asset Management Plan objectives and requirements•Implement recommendations by improving policies, bylaws and best practices to increase canopy cover to 40 percent by 2034•Ongoing condition assessment of the sanitary infrastructure related to structural and inflow/infiltration deficiencies•To mitigate an outstanding backlog of failing concrete streetlight pole infrastructure identified with low condition rating•Continued service discussions and recommendations related to waste and anticipated transition of recycling to provincial authority at end of 2025•Additional staff to support continued growth, contractual obligations and new enhanced service level initiativesPage 34 of 49
November 11, 2024 2025 - 2026 Budget4Budget Change Summary$000's2024 2024 2025 20262022 2023 Net Fcst* Budget Budget BudgetExpenditures 42,869.6 46,974.7 49,811.9 49,246.3 52,458.7 53,095.7Non-Tax Revenues (31,210.4) (34,920.7) (37,232.6) (36,856.7) (39,398.2) (40,947.5)Net Tax Levy 11,659.2 12,054.0 12,579.3 12,389.6 13,060.5 12,148.2% Tax Funded 27% 26% 25% 25% 25% 23%Net Budget Change $ 394.8 525.3 (189.7) 671.0 (912.3)% 3.4% 4.4% (1.5%) 5.4% (7.0%)*Net forecast as of August 31, 2024Net Actual ResultsPage 35 of 49
November 13, 2023 2024 - 2026 Budget5Changes to the budget outlookFTE $000's FTE $000's2024 Budget Outlook 60 12,778.2 61 11,794.7Prior Year Restatements 282.4Budget Changes to OutlookSalaries and benefits adjustments 134.2 12.0Fleet vehicle licenses 20.0 -Roads maintenance contracts increases 26.5 -Streetlights contract increases 65.4 -Banners and flags 19.2 -Additional crossing guards for new school 20.0 -Savings in recycling operations (6.5) -Parks ice rink liners and other minor adjustments 12.1 -2024/5 Windrow Pilot 168.7 (168.7)Funding for Windrow Pilot (168.7) 168.7Two additional routes for sidewalk winter maintenance - 60.0Photocopier contract savings (8.5) (0.9)Budget Change to Outlook - 282.4 - 353.5Total Budget 60 13,060.5 61 12,148.22025 2026Page 36 of 49
November 13, 2023 2024 - 2026 Budget6Proposed rate budget are unchangedGross Net Gross Net Gross NetBudget ($000's) - Tax FundedUser Rate-Funded Budget ($000's)Water 13,954.5 13,644.5 14,835.8 14,525.8 15,507.5 15,197.5Wastewater 16,306.2 16,219.3 17,194.7 17,110.2 17,946.1 17,864.1Stormwater 4,849.8 4,848.8 5,394.6 5,393.6 5,938.3 5,937.3Net Budget - Rate Revenue 35,110.5 34,712.6 37,425.1 37,029.7 39,391.9 38,998.9Budget Change 2,314.6 2,317.0 1,966.8 1,969.22024 Outlook 37,425.1 37,029.7 39,391.9 38,998.9Change to Outlook - - - -2026 Budget2024 Budget 2025 BudgetPage 37 of 49
November 11, 2024 2025 - 2026 Budget72024 Proposed Capital BudgetAsset Management 7,366.0 12,111.3 4,745.4 703.4 3,748.3 6,924.6 735.0Growth & New 24,677.2 25,190.7 513.5 4,646.6 11,070.1 9,324.0 150.0Studies & Other 364.5 364.5 0.0 172.1 166.3 26.1 0.0Approved Budget 32,407.7 37,666.5 5,258.9 5,522.1 14,984.7 16,274.8 885.0Capital ProgramPublic Works 2,102.3 3,195.0 1,092.7 134.6 622.5 2,437.8 -Parks 3,811.2 5,928.9 2,117.7 531.1 1,711.0 3,686.8 -Fleet 1,452.5 2,987.5 1,535.0 37.7 1,414.8 800.0 735.0* Includes all active project budgets, adjustments to project budgets and new budget commitments($000s)Previously Approved Budget2025 Budget Capital Budget Authority Cash FlowCapital Budget Authority*Budget ChangeActuals to Dec/232024Forecast2025 2026+Page 38 of 49
8Key capital projects November 11, 2024 2025 - 2026 Budget•AM-F-0291: Structural Lining Of Sani Sewer mains & Laterals 23-26 •AM-F-0363: Town Parking Lot Maintenance•AM-F-0378: LED Sports Field Light Upgrades (2025-2028)•AM-F-0465: Bowling Green Improvements•AM-F-0359: Playground, Picnic Shelter, Court Replacement - Fleury Park•AM-F-0326: Playground Replacement, Walkway Repaving - Toms Park•GN-F-0079: Water -Trailer Mounted Valve Exerciser & Excavation Unit•GN-F-0085: Winter Road Monitoring System - Northwest of TownPage 39 of 49
November 11, 2024Planning & Development Services 2025-2026 Operating Budget and 10-Year Capital PlanPage 40 of 49
22024 AccomplishmentsNovember 11, 2024 2025 - 2026 Budget•Acquisition of 28 acres of parkland•Development and launch of the Economic Development Strategic Action Plan•First municipality in York Region to have its new Official Plan approved•Development of Aurora’s first Affordable Housing Action Plan•Completion of the Active Transportation Master Plan and Natural Capital Asset Management Plan •Recipient of LSRCA 2024 Healthy Water Award for improving the local waterways, ecosystems and access to nature through the Willow Farm Lane, Jones Court, Devlin Place and Henderson Drive Wildlife Passage projectsPage 41 of 49
3Key 2025 ObjectivesNovember 11, 2024 2025 - 2026 Budget•Stormwater and Stream Master Plan Update•Promenade Streetscape Detailed Design•Water and Wastewater Master Plan•Pedestrian Crossing Study•Community Planning Permit System•Comprehensive Zoning By-law Review•Town-wide Parking Study•Heritage Grant ProgramPage 42 of 49
November 11, 2024 2025 - 2026 Budget4Budget Change Summary$000's2024 2024 2025 20262022 2023 Net Fcst* Budget Budget BudgetExpenditures 6,373.3 5,957.2 6,731.6 6,954.7 7,390.1 7,663.0Non-Tax Revenues (6,422.7) (5,697.9) (7,491.7) (7,477.5) (7,752.8) (8,040.6)Net Tax Levy (49.4) 259.3 (760.1) (522.8) (362.7) (377.7)% Tax Funded (1%) 4% (11%) (8%) (5%) (5%)Net Budget Change $ 308.6 (1,019.4) 237.3 160.1 (15.0)% (625.2%) (393.2%) (31.2%) (30.6%) 4.1%*Net forecast as of August 31, 2024Net Actual ResultsPage 43 of 49
November 13, 2023 2024 - 2026 Budget5Changes to the budget outlookFTE $000's FTE $000's2024 Budget Outlook 44 (412.7) 44 (376.8)Prior Year Restatements 50.0Budget Changes to OutlookSalaries and benefits adjustments (59.5) (38.3)Building Services reserve draw 66.3 57.7Engineering capital recovery for salaries (12.1) (2.6)Photocopier contract savings (9.7) (1.2)Reduction to 2025 planning revenue forecast 66.5 (66.5)Other minor adjustments net of revenues (1.5) -Budget Change to Outlook - 50.0 - (0.9)Total Budget 44 (362.7) 44 (377.7)2025 2026Page 44 of 49
November 11, 2024 2025 - 2026 Budget62024 Proposed Capital BudgetAsset Management 35,657.5 49,327.3 13,669.8 852.2 15,386.0 29,754.8 3,334.2Growth & New 7,117.5 12,510.1 5,392.5 5,161.7 1,570.5 5,743.9 34.0Studies & Other 2,320.6 3,345.6 1,025.0 921.2 872.1 1,402.3 150.0Approved Budget 45,095.6 65,183.0 20,087.4 6,935.1 17,828.6 36,901.0 3,518.2Capital ProgramsRoads 27,487.2 38,937.8 11,450.6 781.0 15,166.0 22,690.8 300.0Water Wastewater 2,857.2 3,282.2 425.0 - 150.0 1,390.0 1,742.2Storm Sewer 5,313.0 7,107.2 1,794.2 71.2 70.0 5,674.0 1,292.0* Includes all active project budgets, adjustments to project budgets and new budget commitments2025 Budget Capital Budget Authority Cash FlowCapital Budget Authority*Budget ChangeActuals to Dec/232024Forecast2025 2026+($000s)Previously Approved BudgetPage 45 of 49
7Key capital projects November 11, 2024 2025 - 2026 Budget•AM0239: Watermain, Stormwater and Road Rehabilitation of Mcleod, Gilbank, Marksbury and Lacey •AM0362: Road Reconstruction Centre Street (Yonge to Spruce)•AM0292:Rehabilitaiton of Stormwater Management Ponds C1 and C4•SO-F-0043:Stormwater and Stream Master Plan Update•SO-F-0053: Pedestrian Crossing Study•SO-F-0061: Community Planning Permit System•SO0071: Comprehensive Zoning By-law Review•SO-F-0052: Town Facility Waste Audit Reduction Plan Page 46 of 49
TOWN OF AURORACorporate Accounts2025-2026 Operating BudgetNovember 11, 2024Page 47 of 49
November 11, 2024 2025 - 2026 Budget2Budget Change Summary$000's2024 2024 2025 20262022 2023 Net Fcst* Budget Budget BudgetExpenditures 5,826.6 10,668.7 6,840.1 6,326.7 7,124.7 8,502.1Non-Tax Revenues (4,498.8) (8,847.5) (5,188.5) (4,211.2) (4,446.4) (4,067.7)Net Tax Levy 1,327.8 1,821.2 1,651.6 2,115.5 2,678.3 4,434.4% Tax Funded 23% 17% 24% 33% 38% 52%Net Budget Change $ 493.5 (169.6) 463.9 562.8 1,756.1% 37.2% (9.3%) 28.1% 26.6% 65.6%*Net forecast as of August 31, 2024Net Actual ResultsPage 48 of 49
November 13, 2023 2024 - 2026 Budget3Changes to the budget outlookFTE $000's FTE $000's2024 Budget Outlook - 2,596.1 - 4,327.0Prior Year Restatements 82.2Budget Changes to OutlookMulti-year budget contingency (100.0) -HST rebate revenue (15.0) -Adjustment to Payments-in-Lieu of Taxes 92.0 -Redirection of Aurora Town Square debt financing budget to asset management reserve contributions510.0 -Removal of Aurora Town Square debt financing costs (510.0) -Reduction to tax stabilization draw 105.2 25.1Budget Change to Outlook - 82.2 - 107.3Total Budget - 2,678.3 - 4,434.32025 2026Page 49 of 49