Item No. 8.1
Council Report: C 129/2020
Subject: 2021 Proposed Budget Process & Timeline - City Wide
Reference:
Council Report: C 129/2020Date to Council: July 27, 2020
Author: Tony Ardovini
Deputy Treasurer - Financial Planning
519-255-6100 Ext. 6271
tardovini@citywindsor.caFinancial Planning
Report Date: 6/22/2020
Clerk’s File #: AFB/13698
To : Mayor and Members of City Council
Recommendation:
THAT the report of the Chief Financial Officer & City Treasurer dated July 13, 2020 regarding the 2021 Proposed Budget Process & Timeline BE RECEIVED for information.
THAT In consideration of the extraordinary pandemic environment and related priorities and operational constraints, Council APPROVE the Operating Budget - Status Quo Process with COVID 19 Analysis and related timelines for the development of the 2021 Operating & Capital budgets as outlined in tables A1 and A2 of this report.
THAT City Council CONFIRMS that Administration is to develop the 2021 10 year Capital Budget based on current funding level projections, inclusive of the operational (tax levy based) transfers to capital.
Executive Summary:
Background:
The 2020 Operating and Capital Budgets received City Council approval on January 27, 2020 (B55/2020 & B57/2020).
During the 2020 budget deliberations, the following motion was approved (B58/2020):
That Administration BE DIRECTED to implement a Zero Based Participatory Full Council Budget model for the 2021 Budget deliberations and further that a report BE PROVIDED in the Spring of 2020 outlining the parameters and options for a Zero Based Budget model for Council’s consideration and decision.