| a. | Proposed Adjustments to the Draft 2018-2022 Financial Plan --S. Thompson, Director of Finance A report providing information and recommendation regarding the proposed adjustments to the draft 2018-2022 Financial Plan based on feedback from public consultation. Recommendation: That Council: 1. Provide direction regarding any funding allocations for items identified by the public or through responses to Council's motions passed during budget discussions. 2. Approve the following ongoing allocation of the remaining estimated $1.5 million new property tax revenue from new construction: a. Any ongoing funding needs identified by the public or through responses to Council's motions during budget discussions, as determined by Council. b. Ongoing Supplemental Requests: i. Managing Growth and New Development: 1. Parks Planner $103,000; 2. Transportation Planner $104,000. ii. Managing Public Safety: 1. Fire Prevention Officer $121,000. iii. Managing Green Spaces: 1. Community Garden Program $15,000; 2. Parks Natural Areas Support $63,000. iv. Managing Public Engagement: 1. Graphic Design Support $81,000. v. Youth Initiatives: 1. Youth Leaders in Training Program $20,000. vi. Multi-Modal Transportation Network: 1. Street Occupancy and Parking Support - 1 FTE only. vii. Asset Management: 1. Building Project Administrator $99,000. viii. Managing Climate Action and Sustainability: 1. Sustainability Waste Management Engineer $99,000. ix. Any VicPD ongoing supplementary requests. c. Additional Grant Requests: i. Victoria Heritage Foundation 5.1%, $10,716; ii. Victoria Civic Heritage Trust 2%, $2,186. d. Any remainder evenly shared between the Buildings and Infrastructure Reserve and the Vehicles and Heavy Equipment Reserve. 3. Approve the following one-time allocation of the remaining estimated $2.9 million 2017 surplus: a. Any one-time funding needs identified by the public or through responses to Council's motions during budget discussions, as determined by Council. b. Supplementary Requests: i. Managing Growth and New Development: 1. Secretary Planning $67,000; 2. Parks Arborist $97,000. ii. Managing Green Spaces: 1. Overnight Sheltering - Support and Clean-up $300,000; 2. High Risk Tree Removal $150,000; 3. Pioneer Square Archaeological Reporting $37,000; 4. Downtown Public Realm Plan Implementation $105,000. iii. Managing Public Engagement: 1. Engagement Advisor $109,000. iv. Managing Accessibility: 1. Accessibility Framework $40,000. v. Youth Initiatives: 1. Youth Strategy Liaison $30,000. vi. Active Transportation: 1. Neighbourhood Transportation Management $180,000; 2. Speed Reader Boards $85,000. vii. Multi-Modal Transportation Network: 1. Traffic Signal Timing Update Study $40,000; 2. Extra Bridge Coverage $30,000. viii. Asset Management: 1. Condition Assessment Pilot Project $60,000; 2. Professional Certification/Project Management $50,000. ix. Managing Climate Action and Sustainability: 1. Step Code Implementation $10,000; 2. Environmental Performance Audit $50,000. x. Managing Housing: 1. Victoria Housing Strategy Implementation $250,000; xi. South Island Prosperity Project funding $220,000. xii. Any VicPD one-time supplementary requests. c. Any remainder to the Buildings and Infrastructure Reserve. 4. Direct staff to bring forward the Five Year Financial Plan Bylaw, 2018, as amended, to the April 12, 2018 Council meeting. 1_Report_Proposed Adjustments to the Financial Plan 2_Appendix A_Supplementary Operating Budget Requests 3_Appendix B_Additional Grant Requests 4_Appendix C_South Island Properity Project - Five Year Plan 5_Appendix D_Inclusion policy program 6_Appendix D_Motion re Community Benefit Hub Pilot Project 7_Appendix D_Witness Reconciliation Budget Request 8_Appendix D_Witness Reconciliation Program | |