Title
PRESENTATION REGARDING THE 2018 BUSINESS PLAN AND BUDGET OVERVIEW
Craig Millar, Director of Finance and Treasurer provided a presentation concerning an overview of the 2018 Business Plan and Budget.
Mr. Millar discussed slides concerning the following topics:
* The budget drivers associated with the 2018 Business Plan;
* An overview of the 60+ services delivered by the City of Barrie;
* The culture of innovation at the City of Barrie;
* Responsible spending and financial management and grant opportunities;
* A graph illustrating Barrie's taxes in comparison with other municipalities with populations over 100,000;
* The economic outlook for the City of Barrie;
* A graph illustrating the unemployment rate for the City of Barrie in comparison with the Province of Ontario;
* The residential and non-residential construction activity between 2012 to 2017 to date;
* The 2017 forecast for reserves, as a percentage of accumulated amortizations and the reserve comparisons in 2016 between the City of Barrie with the peer average;
* The 2018 Business plan process;
* The 2018 Budget directions;
* Pie charts illustrating the portioning of a single tax bill;
* A pie graph illustrating the proposed 2018 tax operating budget;
* A pie graph illustrating the 2018 sources of operating revenue;
* A summary of proposed tax budget changes;
* A summary of the Service Partners budget changes;
* The rate budgets associated with water, wastewater and parking;
* The 2018 Capital Budget directions;
* A chart summarizing the 2018 to 2022 Capital Plan;
* A pie graph illustrating the 2018 requested Capital Budget by asset class and investment area;
* A pie graph 2018 illustrating the requested Capital Budget by funding source;
* The impacts of growth and infrastructure associated with the 2018 Capital Plan;
* A pie graph illustrating 2018 to 2022 requested and forecasted capital budget by asset class and investment area;
* A pie graph illustrating the 2018 to 2022 requested and forecas...
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