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just before you start can you maximize

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that window

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yeah okay perfect

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thanks maurice

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all right uh good evening folks welcome

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to the special meeting of cambridge

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kimberly city council for march 21st

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the first full day of spring the sun

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sean

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and uh kyle is in search of the dream

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we're well we'd like to help you out any

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way we can

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a reminder to staff that are on uh

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that are dialing in on webex if when you

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are speaking please make sure and turn

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your video on

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um any further

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instructions maurice we set the rock

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are you at a campground somewhere troy

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at the hockey game

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i thought i thought we fixed bandwidth

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at the arena

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okay thanks for the heads up on that

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okay without further ado i would like to

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call this meeting to order here on the

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homelands of the tahoe peoples and ask

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maurice if we have any late items

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there is no late item mr mayor

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all right hearing none could i have a

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mover to adopt the agenda councilor

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mcbain moves and counselor kiddo seconds

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all those in favor

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that motion is carried

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and we have basically one item at this

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special meeting tonight and that is the

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final operating and capital budget

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changes for the 2022 to 2026 five-year

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financial plan

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we have been deliberating for what seems

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like well it has been many months

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and we're getting down to the short

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strokes

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i know council has read through the

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package it's pretty

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thick uh and it's pretty detailed uh

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thanks jim for

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uh kind of getting all of this

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information in a way that we can easily

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understand and know what our decisions

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need to be here tonight

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if it's okay with you maurice the

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resolutions that we have here tonight of

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which we have about uh five or six i

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noticed in the presentation jim you have

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included the resolution for the section

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as we finished so we'll just deal with

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those as we roll through the

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presentation that sounds good mr mayor

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that the first one receiving for

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information if we could get that out of

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the way that'd be great and then the

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rest are in there yeah okay so the uh

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so receipt of the uh of the report

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counselor dallas moves counselor mcbain

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seconds all those in favor

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that motion is carried

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all right uh over to you jim uh so

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before i do that uh scott uh thanks for

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attending tonight

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i think for those of you who've seen

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scott's on a few days vacation

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he's dialing into us tonight from

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kelowna

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uh hope everything is going well with

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the mini holiday scott and thanks for

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tuning in

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take it away jim

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thank you mr mayor

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and thanks it was good to hear that uh

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you thought the package was easy to easy

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to read easy to follow apologize for the weight of it there is a lot of

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information in here but uh

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it's time that we we get through this

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stuff and

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move on to preparation of the bylaws

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so starting with the the meeting agenda

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once we get the presentation up here

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i'll flip through the slides

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but uh what's on the agenda tonight is

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just uh there's a bunch of slides

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recapping where we've been how we got to

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this point

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discussion about financial plan

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foundation

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proposed changes to the operating base

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budget

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a discussion about the aquatic center

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parcel tax

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proposed sewer operating budget changes

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and then a discussion on the kaplan

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non-capital

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budget amounts

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and as council's aware the last number

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of pages of the presentation

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is um

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in appendix one is a complete listing of

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all the capital and non-capital projects

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that we we plan to complete over the

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next five years

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we're not going to go through those in

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detail but if there are any of those

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once we

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get to that point in the presentation or

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as we're moving through if council has

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questions about those please

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feel free to to ask

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doesn't look like it's letting me scroll

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maurice unless

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did you do that or did i do it

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okay

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so

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the next slide is is budget recap and

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i'm not going to go through this it's

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really just provided for ease of

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reference for council i'm just showing

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the resolutions related to budget that

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have been passed to this point

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so unless there are any questions on

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that we're going to skip right to page

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13

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in the next section

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and the first slide in that

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section is the the bright blue one

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the neon colors deliberate

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this is a

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fairly

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relevant slide that was brought forward

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from the april 19 2021 budget

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presentation

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and really what it indicates is that

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just given the fact that

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the operating budget reductions in 2021

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related to kobit 19 and the late hiring

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of some new employees last year

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um just a bit of foreshadowing that in

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2022

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to expect an increase that it's well in

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excess of mpi just to be able to pay for

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um getting back to normal and the

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balance of the salaries for those

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employees

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so the next page is a discussion the

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flat financial plan foundation

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and it's just saying that uh the council

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adopts a five-year financial plan every

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year um year two that

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plan forms the foundation for the new

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five-year financial plan and that's

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we're operating under year two the

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authority year two until the new

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five-year financial plan vial was

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adopted

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so year two of

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the 21 21 to 2025 financial plan

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we were anticipating an increase of 3.99

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percent

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and you can see the breakdown on that

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1.9 was the mpi

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the inflationary factor

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uh there was 155 000 just about a 1.42

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percent increase to fund the the new

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positions in operations and planning

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there was three there

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and then there was 0.67 to move the

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arenas back to full operating from their

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reduced operating capacity under covid

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so the next slide just uh it's just a

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note saying that

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the base the base budget is modified on an annual basis for a variety of

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reasons that i've listed there

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so the first section we're going to talk

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about with regards to modifications that

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the budget is to the

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operating budget jim

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mr mayor can we ask questions as we go

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yeah please what's up

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so just on the uh the financial plan

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foundation uh the 0.6 the 73 000 to move

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the arena budgets back to full operation

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is there an offsetting revenue uh

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associated with that

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there is this this is the expenditure

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component so that this is the net

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component there were some actual

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um wage savings as a result of the

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closure extended closures of those

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facilities okay cool this is the net

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number yeah the 73k okay awesome thank

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you

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yeah i'm pleased if there's any anywhere

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you'd like me to stop just uh speak up

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so the first page of the

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proposed general operating base budget

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adjustments adjustments a couple pages

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up there

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council's

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seen most of this stuff

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at the december 6 budget meeting we went

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through

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all of the changes that are indicated as a recap of adjustments presented on

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december 6th we

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staff did not ask council for any

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decisions on the operating budget at

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that point in time because we had a

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couple of big unknowns out there

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those being the rcmp contract

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the renewal of that and the non-market

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change at that time we just had numbers

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from the preview role so we now have the

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completed assessment also those numbers

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have have changed as you've

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probably seen in the agreement here

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so i'm going to start on the the next

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page there where it notes in red new

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adjustments identified since december

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6th those are the ones that council

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hasn't seen

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unless there are any

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questions about the the ones on december

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6th

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actually the one thing i will point out

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on those is

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the increase increased half-time edge

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assistant position to full-time uh the

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42-816 that's three lines down on the

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top of that slide

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we're obviously not going to hire that

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person to start as of january 1st

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the first realistic start date we

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anticipate is may 1st so

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that budget has been reduced as you'll

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see a couple of slides up there's a

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negative that brings that down to

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14 272

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dollars is an incremental expenditure in

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2022

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so on to the new items since january 2013

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december 6

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2021

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the first two there are just in and out

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the fire department has been successful

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in obtaining uh a bunch of grant funding

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over the last number of years for some

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forest management projects

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to help um

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protect against wildfire in kimberley

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so these are the projects that we've

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received grants for that didn't get

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completed by the end of 2021

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um as council is aware it really depends

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on the weather from year to year hot dry

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summers they they can't burn they can't do that kind

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of work so it gets carried over to the

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next year so that's just the

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expenditures the funding by grants

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the next two

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came about as a result of

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the first first time rcmp collective

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agreement being

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entered into in august of last year

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and i'm going to stop at a slide i've

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got a little ways down here to talk

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about the details but

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associated with that as we've been

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talking about for a couple years there

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was a one-time retro payment

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to the members

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for the kimberley detachment

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they haven't provided the final number

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for that yet there's a couple of letters

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attached at the end of this report

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they're indicating that this this is the

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top end of their

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the estimate that they've provided for

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planning purposes

286
00:11:00,959 --> 00:11:03,440
is what they've said in the letter so

287
00:11:03,440 --> 00:11:06,160
227 000 is the estimate of what we're

288
00:11:06,160 --> 00:11:08,240
going to have to pay to the rcmp for

289
00:11:08,240 --> 00:11:09,600
retro pay

290
00:11:09,600 --> 00:11:11,200
and anticipating that this was going to

291
00:11:11,200 --> 00:11:12,720
happen councils

292
00:11:12,720 --> 00:11:14,720
put money in a reserve over the last

293
00:11:14,720 --> 00:11:16,399
number of years and the

294
00:11:16,399 --> 00:11:18,399
balance of that i think it's it's in the

295
00:11:18,399 --> 00:11:20,880
presentation i think it's 441 000 or

296
00:11:20,880 --> 00:11:22,880
something like that

297
00:11:22,880 --> 00:11:24,399
so there's a retro pay and then there's

298
00:11:24,399 --> 00:11:27,680
also an rcmp contract cost increase so

299
00:11:27,680 --> 00:11:29,880
on the recommendation of the rcmp since

300
00:11:29,880 --> 00:11:32,640
2016 which was the last time they had a

301
00:11:32,640 --> 00:11:34,000
pay adjustment

302
00:11:34,000 --> 00:11:35,519
we've been adding two and a half percent

303
00:11:35,519 --> 00:11:36,640
a year

304
00:11:36,640 --> 00:11:37,760
so

305
00:11:37,760 --> 00:11:40,399
this edition of the 55 891

306
00:11:40,399 --> 00:11:41,279
is

307
00:11:41,279 --> 00:11:43,760
the difference between that that two and

308
00:11:43,760 --> 00:11:45,120
a half percent a year and what we're

309
00:11:45,120 --> 00:11:47,600
actually having to pay them in 2022

310
00:11:47,600 --> 00:11:49,839
under the new collective agreement

311
00:11:49,839 --> 00:11:51,200
and what i'm proposing and i'll talk

312
00:11:51,200 --> 00:11:53,680
more about this later as well is that

313
00:11:53,680 --> 00:11:55,279
because we're going to have a

314
00:11:55,279 --> 00:11:56,880
fairly healthy balance over two hundred

315
00:11:56,880 --> 00:11:58,480
thousand dollars left in that reserve

316
00:11:58,480 --> 00:12:02,880
after the retro pay i'm proposing just given

317
00:12:02,880 --> 00:12:03,760
um

318
00:12:03,760 --> 00:12:05,200
the challenges we're having this year

319
00:12:05,200 --> 00:12:07,040
with with the tax increase that we fund

320
00:12:07,040 --> 00:12:08,160
that

321
00:12:08,160 --> 00:12:09,600
out of the

322
00:12:09,600 --> 00:12:12,639
reserve as well just for 2022

323
00:12:12,639 --> 00:12:14,240
which would essentially defer a half

324
00:12:14,240 --> 00:12:16,079
percent tax increase from this year to

325
00:12:16,079 --> 00:12:17,360
next

326
00:12:17,360 --> 00:12:18,959
and i i think that's reasonable given

327
00:12:18,959 --> 00:12:20,720
the fact that that that reserve is

328
00:12:20,720 --> 00:12:22,880
specific to our cmp

329
00:12:22,880 --> 00:12:24,399
and it was built through

330
00:12:24,399 --> 00:12:26,399
uh savings from that service over the

331
00:12:26,399 --> 00:12:28,320
last five years so

332
00:12:28,320 --> 00:12:29,920
and again i'll talk about that more a

333
00:12:29,920 --> 00:12:33,750
little bit later

334
00:12:33,760 --> 00:12:35,760
um i'm not going to go through each of

335
00:12:35,760 --> 00:12:40,480
these in detail but again if you have any questions

336
00:12:40,480 --> 00:12:45,120
most of the rest of these are fairly minor amounts

337
00:12:45,120 --> 00:12:48,079
the larger ones i do have slides

338
00:12:48,079 --> 00:12:50,839
later on just explaining justifying the

339
00:12:50,839 --> 00:12:53,519
changes but the total proposed

340
00:12:53,519 --> 00:12:55,839
adjustments as you'll see there

341
00:12:55,839 --> 00:12:59,040
are 394 893

342
00:12:59,040 --> 00:13:02,240
and a few slides up here you'll see that

343
00:13:02,240 --> 00:13:03,760
the expenditures that are funded from

344
00:13:03,760 --> 00:13:06,320
reserves bring that down to a fairly low

345
00:13:06,320 --> 00:13:07,440
number

346
00:13:07,440 --> 00:13:08,880
which is the amount that's being funded

347
00:13:08,880 --> 00:13:09,839
from

348
00:13:09,839 --> 00:13:12,000
general revenues

349
00:13:12,000 --> 00:13:13,440
okay

350
00:13:13,440 --> 00:13:15,920
so just to clarify the last line on this

351
00:13:15,920 --> 00:13:17,440
particular slide

352
00:13:17,440 --> 00:13:19,040
is what you were speaking about earlier

353
00:13:19,040 --> 00:13:21,519
with the later start for the engineer is

354
00:13:21,519 --> 00:13:23,519
that correct brings it down to the 14

355
00:13:23,519 --> 00:13:25,360
000

356
00:13:25,360 --> 00:13:27,839
yeah that's right the 28 544

357
00:13:27,839 --> 00:13:34,000
extracted from that uh 42 000 there yeah so that's essentially bringing the

358
00:13:34,000 --> 00:13:36,240
budget for that from a full year down to

359
00:13:36,240 --> 00:13:37,519
eight months just given the fact that

360
00:13:37,519 --> 00:13:38,959
we're part way through the year here

361
00:13:38,959 --> 00:13:41,990
already

362
00:13:42,000 --> 00:13:44,560
so again the first um

363
00:13:44,560 --> 00:13:47,199
the first few slides uh following this

364
00:13:47,199 --> 00:13:48,800
one

365
00:13:48,800 --> 00:13:50,639
there's an explanation of the chemical

366
00:13:50,639 --> 00:13:52,000
gardens

367
00:13:52,000 --> 00:13:55,120
change there that's an in and out

368
00:13:55,120 --> 00:13:57,120
but essentially what that is is

369
00:13:57,120 --> 00:13:59,120
we were start historically we've been

370
00:13:59,120 --> 00:14:02,880
paying kces to to manage the gardens

371
00:14:02,880 --> 00:14:04,000
and with the announcement that they're

372
00:14:04,000 --> 00:14:05,760
winding down that society

373
00:14:05,760 --> 00:14:07,920
um we're just gonna we're gonna remove

374
00:14:07,920 --> 00:14:09,279
that payment from the budget but then

375
00:14:09,279 --> 00:14:10,720
we're gonna add it back in under parks

376
00:14:10,720 --> 00:14:13,519
and facilities as an expenditure to

377
00:14:13,519 --> 00:14:16,000
um hire somebody

378
00:14:16,000 --> 00:14:17,600
for the city to hire somebody to look

379
00:14:17,600 --> 00:14:18,720
after that

380
00:14:18,720 --> 00:14:20,480
and the operations department is working

381
00:14:20,480 --> 00:14:22,480
on a staff report as they indicated

382
00:14:22,480 --> 00:14:24,560
previously to to bring back back to

383
00:14:24,560 --> 00:14:26,160
council to have a larger discussion

384
00:14:26,160 --> 00:14:36,629
about the longer term with that facility

385
00:14:36,639 --> 00:14:38,560
see

386
00:14:38,560 --> 00:14:40,959
with that um

387
00:14:40,959 --> 00:14:42,560
with that new

388
00:14:42,560 --> 00:14:44,560
park expert i like you know we will

389
00:14:44,560 --> 00:14:45,920
probably have a better answer when the

390
00:14:45,920 --> 00:14:47,680
assessment comes out but

391
00:14:47,680 --> 00:14:48,880
um

392
00:14:48,880 --> 00:14:50,639
would this person

393
00:14:50,639 --> 00:14:52,240
be um

394
00:14:52,240 --> 00:14:54,480
basically just bound to kaminko guard

395
00:14:54,480 --> 00:14:55,839
would they just be

396
00:14:55,839 --> 00:14:57,120
spread around everywhere could they be

397
00:14:57,120 --> 00:14:58,720
used anywhere or was it just like a

398
00:14:58,720 --> 00:15:01,120
kaminko gardens caretaker

399
00:15:01,120 --> 00:15:04,639
i think the idea right now i i shouldn't

400
00:15:04,639 --> 00:15:07,120
speak on nicole's behalf here but uh

401
00:15:07,120 --> 00:15:11,040
i believe we're anticipating that that 76 000 will be to to look after

402
00:15:11,040 --> 00:15:12,399
chemical gardens

403
00:15:12,399 --> 00:15:14,000
at least until we get a feel for the

404
00:15:14,000 --> 00:15:15,440
operation of that

405
00:15:15,440 --> 00:15:17,519
but longer term uh that i think that

406
00:15:17,519 --> 00:15:19,440
would certainly be an option to have

407
00:15:19,440 --> 00:15:21,600
you know have an arborist or somebody on

408
00:15:21,600 --> 00:15:22,720
staff

409
00:15:22,720 --> 00:15:25,519
or a contractor to look after that

410
00:15:25,519 --> 00:15:27,680
yeah i think um i saw somewhere in here

411
00:15:27,680 --> 00:15:30,079
where we're going out to rfp

412
00:15:30,079 --> 00:15:31,440
looking for somebody to do that so it

413
00:15:31,440 --> 00:15:33,199
would be an independent contractor

414
00:15:33,199 --> 00:15:34,560
that's right yeah

415
00:15:34,560 --> 00:15:35,920
go ahead nigel

416
00:15:35,920 --> 00:15:37,519
i'm really disappointed that we're even

417
00:15:37,519 --> 00:15:38,800
talking about the options around coming

418
00:15:38,800 --> 00:15:40,399
kaminko garden when we yet to see a

419
00:15:40,399 --> 00:15:41,759
staff report

420
00:15:41,759 --> 00:15:42,800
and i thought we were part of the

421
00:15:42,800 --> 00:15:44,959
decision-making process i was even more

422
00:15:44,959 --> 00:15:46,320
disappointed to be reading about it in

423
00:15:46,320 --> 00:15:48,480
the media today without a staff report

424
00:15:48,480 --> 00:15:50,320
now being able to weigh in as a council

425
00:15:50,320 --> 00:15:51,600
so

426
00:15:51,600 --> 00:15:53,040
don't like the way it's playing out

427
00:15:53,040 --> 00:15:54,560
quite frankly

428
00:15:54,560 --> 00:15:56,320
um i would have liked us to be

429
00:15:56,320 --> 00:15:59,519
discussing it before i hit the media

430
00:15:59,519 --> 00:16:02,880
can you expand on that nigel

431
00:16:02,880 --> 00:16:05,120
yeah just the the comments about

432
00:16:05,120 --> 00:16:07,600
rfps and potentially people running and

433
00:16:07,600 --> 00:16:09,360
stuff i don't know any of those answers

434
00:16:09,360 --> 00:16:10,880
but it's been discussed in the media

435
00:16:10,880 --> 00:16:12,000
it's already hitting facebook and the

436
00:16:12,000 --> 00:16:13,519
bulletin's written an article about it

437
00:16:13,519 --> 00:16:15,199
so

438
00:16:15,199 --> 00:16:16,000
yeah

439
00:16:16,000 --> 00:16:17,600
i'm just uh i just think that was a

440
00:16:17,600 --> 00:16:19,040
little bit um

441
00:16:19,040 --> 00:16:21,680
premature uh or the staff report was

442
00:16:21,680 --> 00:16:23,600
late i just think don't just just don't

443
00:16:23,600 --> 00:16:24,959
enjoy the way this is playing out i

444
00:16:24,959 --> 00:16:27,120
don't feel like as a council we really

445
00:16:27,120 --> 00:16:28,800
are a part of it this seems to be

446
00:16:28,800 --> 00:16:30,800
happening um behind the scenes that's

447
00:16:30,800 --> 00:16:36,069
how it appears to me anyway

448
00:16:36,079 --> 00:16:37,759
yeah

449
00:16:37,759 --> 00:16:40,160
there was a previous staff report um

450
00:16:40,160 --> 00:16:41,920
when there was discussions about kcds

451
00:16:41,920 --> 00:16:43,440
winding down indicating that this would

452
00:16:43,440 --> 00:16:44,399
be the

453
00:16:44,399 --> 00:16:46,000
path forward for this year anyways until

454
00:16:46,000 --> 00:16:48,079
there was a a bigger discussion on long

455
00:16:48,079 --> 00:16:49,759
term

456
00:16:49,759 --> 00:16:52,079
yeah yeah i i thought so too that early

457
00:16:52,079 --> 00:16:53,920
on we said that the support that we had

458
00:16:53,920 --> 00:16:57,040
provided uh would be there this year

459
00:16:57,040 --> 00:17:00,720
because we weren't anticipating that uh that staff report was going to

460
00:17:00,720 --> 00:17:02,000
be in in time

461
00:17:02,000 --> 00:17:03,519
you know for that

462
00:17:03,519 --> 00:17:05,520
so i think i think really

463
00:17:05,520 --> 00:17:07,439
the question that we got from the media

464
00:17:07,439 --> 00:17:09,600
was is kameko gardens going to be open

465
00:17:09,600 --> 00:17:10,559
this year

466
00:17:10,559 --> 00:17:11,919
and um

467
00:17:11,919 --> 00:17:14,799
the answer was yes it is

468
00:17:14,799 --> 00:17:16,959
what the long-term solution is or the

469
00:17:16,959 --> 00:17:19,600
long-term future is for kamekal gardens

470
00:17:19,600 --> 00:17:22,880
given what's underway we'll see but uh

471
00:17:22,880 --> 00:17:24,480
you know for sure this year you know it

472
00:17:24,480 --> 00:17:26,319
will be open

473
00:17:26,319 --> 00:17:30,310
i don't think there was any intent to uh

474
00:17:30,320 --> 00:17:31,440
i thought i thought we'd had that

475
00:17:31,440 --> 00:17:32,880
conversation actually around the table

476
00:17:32,880 --> 00:17:35,039
here uh much earlier on

477
00:17:35,039 --> 00:17:38,559
back as part of the kcds discussion

478
00:17:38,559 --> 00:17:39,679
can't

479
00:17:39,679 --> 00:17:42,640
yeah i i see this as just maintaining

480
00:17:42,640 --> 00:17:44,640
the status quo for one more year in the

481
00:17:44,640 --> 00:17:47,600
staff report we'll be talking about ways

482
00:17:47,600 --> 00:17:50,000
to change the status quo maybe or maybe

483
00:17:50,000 --> 00:17:50,880
not

484
00:17:50,880 --> 00:17:52,000
but i think that's going to be a

485
00:17:52,000 --> 00:17:53,919
conversation the communities want to

486
00:17:53,919 --> 00:17:55,760
going to want to be a part of and so

487
00:17:55,760 --> 00:17:57,440
we're going to have to

488
00:17:57,440 --> 00:17:59,840
think about how we get feedback from the

489
00:17:59,840 --> 00:18:01,679
community as we move forward and look at

490
00:18:01,679 --> 00:18:05,039
different options so yeah absolutely

491
00:18:05,039 --> 00:18:06,720
and go ahead and that would be more of

492
00:18:06,720 --> 00:18:08,080
my point that it is starting to be

493
00:18:08,080 --> 00:18:09,600
played out in the media there's a lot of

494
00:18:09,600 --> 00:18:11,440
misinformation happening on facebook a

495
00:18:11,440 --> 00:18:14,000
lot of concern that's been raised

496
00:18:14,000 --> 00:18:15,520
i just would have liked to have had more

497
00:18:15,520 --> 00:18:16,960
information so i could respond to the

498
00:18:16,960 --> 00:18:18,400
community and some of those concerns

499
00:18:18,400 --> 00:18:20,400
that's all i'm saying here it's just i

500
00:18:20,400 --> 00:18:22,000
would like to see a report i would like

501
00:18:22,000 --> 00:18:24,640
more conversation before i hit the media

502
00:18:24,640 --> 00:18:26,080
there's just too many unknowns out there

503
00:18:26,080 --> 00:18:29,830
at the moment

504
00:18:29,840 --> 00:18:34,310
further comments

505
00:18:34,320 --> 00:18:35,280
okay

506
00:18:35,280 --> 00:18:36,720
appreciate the comments

507
00:18:36,720 --> 00:18:38,799
uh counselor keto chris memory is on the

508
00:18:38,799 --> 00:18:40,799
line here and he's he's hearing that as

509
00:18:40,799 --> 00:18:42,559
well so

510
00:18:42,559 --> 00:18:44,080
these next few slides here i'm just

511
00:18:44,080 --> 00:18:45,200
going to

512
00:18:45,200 --> 00:18:46,880
flip through and if you if you want to

513
00:18:46,880 --> 00:18:48,799
have some additional discussion on them

514
00:18:48,799 --> 00:18:50,400
please let me know

515
00:18:50,400 --> 00:18:52,080
you've seen these before at the december

516
00:18:52,080 --> 00:18:53,840
6 meeting as well

517
00:18:53,840 --> 00:18:55,679
the next few anyways

518
00:18:55,679 --> 00:18:57,200
so the next one is the engineering

519
00:18:57,200 --> 00:18:59,760
assistant gis tech so we're proposing to

520
00:18:59,760 --> 00:19:02,000
move that from a current half time

521
00:19:02,000 --> 00:19:03,440
position into a full-time position

522
00:19:03,440 --> 00:19:04,799
that's shared between planning and

523
00:19:04,799 --> 00:19:06,640
operations

524
00:19:06,640 --> 00:19:07,840
the slide

525
00:19:07,840 --> 00:19:09,600
following that is with regard to

526
00:19:09,600 --> 00:19:11,760
retirement sick leave payouts

527
00:19:11,760 --> 00:19:14,240
and this is just uh it's a liability

528
00:19:14,240 --> 00:19:16,799
that the city is obligated to pay

529
00:19:16,799 --> 00:19:18,240
until

530
00:19:18,240 --> 00:19:20,799
these grandfather benefits are gone

531
00:19:20,799 --> 00:19:22,080
essentially

532
00:19:22,080 --> 00:19:23,120
they're funded from the general

533
00:19:23,120 --> 00:19:24,559
operating surplus just given their

534
00:19:24,559 --> 00:19:26,400
nature so they they don't have an impact

535
00:19:26,400 --> 00:19:29,280
on the tax collection or the tax rates

536
00:19:29,280 --> 00:19:31,840
from year to year

537
00:19:31,840 --> 00:19:34,880
the next one is the cayenne commitment

538
00:19:34,880 --> 00:19:38,160
and that's just the last year of the current three-year

539
00:19:38,160 --> 00:19:39,200
commitment

540
00:19:39,200 --> 00:19:41,440
um moving their revenue and expenditures

541
00:19:41,440 --> 00:19:44,559
they're budgeted for 2022 into 2023

542
00:19:44,559 --> 00:19:46,400
their their year

543
00:19:46,400 --> 00:19:49,990
overlaps it runs from

544
00:19:50,000 --> 00:19:52,480
july to june or june to july so it's

545
00:19:52,480 --> 00:19:53,919
really just uh

546
00:19:53,919 --> 00:19:57,200
it's just a timing adjustment

547
00:19:57,200 --> 00:19:59,280
the next one 22

548
00:19:59,280 --> 00:20:02,720
2022 election budget budget increase um

549
00:20:02,720 --> 00:20:06,000
20 000 increase proposed there

550
00:20:06,000 --> 00:20:11,350
related to potential impacts of of cobit

551
00:20:11,360 --> 00:20:12,799
that's proposed to be funded from the

552
00:20:12,799 --> 00:20:15,120
kobe 19 safe start safe restart grant

553
00:20:15,120 --> 00:20:17,600
reserve so if it's not used it'll remain

554
00:20:17,600 --> 00:20:19,840
in that reserve to be used for something

555
00:20:19,840 --> 00:20:21,760
else

556
00:20:21,760 --> 00:20:23,679
these next few slides here

557
00:20:23,679 --> 00:20:26,320
parks irrigation maintenance

558
00:20:26,320 --> 00:20:30,880
platzel and parks tree maintenance

559
00:20:30,880 --> 00:20:32,799
they're fairly fairly straightforward i

560
00:20:32,799 --> 00:20:35,280
believe the next slide on the forest

561
00:20:35,280 --> 00:20:37,760
management program at zero net effect

562
00:20:37,760 --> 00:20:39,120
i've already talked a little bit about

563
00:20:39,120 --> 00:20:40,960
that

564
00:20:40,960 --> 00:20:43,760
the next one is the rcmp contract retro

565
00:20:43,760 --> 00:20:46,240
pay with 227 thousand dollars that we've

566
00:20:46,240 --> 00:20:47,679
talked about

567
00:20:47,679 --> 00:20:51,440
so again since since 2016 the rcmp

568
00:20:51,440 --> 00:20:53,679
member salaries have been frozen and on

569
00:20:53,679 --> 00:20:57,120
august 26 2021

570
00:20:57,120 --> 00:20:58,640
their first ever collective agreement

571
00:20:58,640 --> 00:21:00,240
was ratified

572
00:21:00,240 --> 00:21:02,559
and i'm not entirely sure why it took

573
00:21:02,559 --> 00:21:04,480
um so long for them to provide us with

574
00:21:04,480 --> 00:21:05,919
the information

575
00:21:05,919 --> 00:21:09,440
but uh on february 28 the mayor received

576
00:21:09,440 --> 00:21:11,280
an email with a letter attached advising

577
00:21:11,280 --> 00:21:12,640
of the

578
00:21:12,640 --> 00:21:14,400
estimated range of retroactive payments

579
00:21:14,400 --> 00:21:16,080
that you see there two hundred sixteen

580
00:21:16,080 --> 00:21:17,360
thousand two hundred and twenty seven

581
00:21:17,360 --> 00:21:18,799
thousand

582
00:21:18,799 --> 00:21:20,640
and as noted earlier there's a balance

583
00:21:20,640 --> 00:21:21,919
of four hundred and forty one thousand

584
00:21:21,919 --> 00:21:23,120
dollars

585
00:21:23,120 --> 00:21:25,760
in that uh rcmp contract reserve to to

586
00:21:25,760 --> 00:21:27,919
pay that from so

587
00:21:27,919 --> 00:21:30,960
there's fortunate planning there

588
00:21:30,960 --> 00:21:32,960
the next slide is related we've

589
00:21:32,960 --> 00:21:34,640
discussed this again this is the rcmp

590
00:21:34,640 --> 00:21:36,880
contract cost adjustment so the

591
00:21:36,880 --> 00:21:38,400
difference between what we budgeted and

592
00:21:38,400 --> 00:21:40,880
what the rcmp are saying in their

593
00:21:40,880 --> 00:21:43,200
march 4th letter to me which is also

594
00:21:43,200 --> 00:21:46,000
attached to the report here

595
00:21:46,000 --> 00:21:48,880
is 55 891 so that's the incremental

596
00:21:48,880 --> 00:21:51,520
revenue we need to pay for for that

597
00:21:51,520 --> 00:21:53,679
incremental cost

598
00:21:53,679 --> 00:21:55,600
just something worth noting here

599
00:21:55,600 --> 00:21:57,200
i as you'll note in the letter there

600
00:21:57,200 --> 00:21:59,280
they provide a cost for the for eight

601
00:21:59,280 --> 00:22:02,640
members uh 1.228 million dollars

602
00:22:02,640 --> 00:22:05,120
as council's aware we on an annual basis

603
00:22:05,120 --> 00:22:07,280
make a request to the rcmp to manage

604
00:22:07,280 --> 00:22:09,360
that detachment to to seven members as

605
00:22:09,360 --> 00:22:11,039
opposed to eight

606
00:22:11,039 --> 00:22:13,440
and they've been accommodating um

607
00:22:13,440 --> 00:22:15,280
i'm not sure when that started but since

608
00:22:15,280 --> 00:22:16,480
i've been around anyways we've been

609
00:22:16,480 --> 00:22:18,640
making that request

610
00:22:18,640 --> 00:22:20,720
and

611
00:22:20,720 --> 00:22:22,799
it's possible i suppose at some point in

612
00:22:22,799 --> 00:22:24,159
time they're going to say you know we

613
00:22:24,159 --> 00:22:26,080
need the full contingent here we need

614
00:22:26,080 --> 00:22:28,159
the full eight members

615
00:22:28,159 --> 00:22:30,000
and if and when that happens

616
00:22:30,000 --> 00:22:32,320
at this point in time anyways uh that

617
00:22:32,320 --> 00:22:35,440
it's about 152 000 per member

618
00:22:35,440 --> 00:22:36,960
so if they were to come back and ask for

619
00:22:36,960 --> 00:22:38,720
that we would be looking for that money

620
00:22:38,720 --> 00:22:41,520
which is you know it's percent percent

621
00:22:41,520 --> 00:22:44,480
and a half roughly tax increase

622
00:22:44,480 --> 00:22:46,080
that's a good one

623
00:22:46,080 --> 00:22:49,360
so jim if we use the reserves to fund

624
00:22:49,360 --> 00:22:52,000
the 0.5 increase this year will there be

625
00:22:52,000 --> 00:22:54,720
a double increase next year

626
00:22:54,720 --> 00:22:57,919
a 0.5 and a 0.5 or

627
00:22:57,919 --> 00:22:58,640
no

628
00:22:58,640 --> 00:22:59,520
we've

629
00:22:59,520 --> 00:23:01,200
i've noted on here they

630
00:23:01,200 --> 00:23:06,480
they're telling us that the 2023 to 2027

631
00:23:06,480 --> 00:23:08,240
estimates typically they provide us with

632
00:23:08,240 --> 00:23:09,760
a five-year budget

633
00:23:09,760 --> 00:23:11,120
we're not going to receive that until

634
00:23:11,120 --> 00:23:14,400
may so it won't be received in time to

635
00:23:14,400 --> 00:23:16,159
work that into the budget

636
00:23:16,159 --> 00:23:18,640
but from 2022 forward it will just be

637
00:23:18,640 --> 00:23:20,640
it'll be an incremental annual increase

638
00:23:20,640 --> 00:23:21,520
again

639
00:23:21,520 --> 00:23:24,320
so i i'm budgeting for 2.5

640
00:23:24,320 --> 00:23:25,840
going forward

641
00:23:25,840 --> 00:23:29,280
okay but we we budgeted for 2.5 for this

642
00:23:29,280 --> 00:23:31,280
year and it was 0.5

643
00:23:31,280 --> 00:23:33,280
too low

644
00:23:33,280 --> 00:23:34,799
which makes me think

645
00:23:34,799 --> 00:23:36,880
well the point five percent too low was

646
00:23:36,880 --> 00:23:40,559
to catch us up since 2016.

647
00:23:40,559 --> 00:23:41,919
so they hadn't received an increase

648
00:23:41,919 --> 00:23:45,520
since 2016 so that

649
00:23:45,520 --> 00:23:47,919
once once we're caught up to 2022 and

650
00:23:47,919 --> 00:23:49,919
then we're just back into the regular uh

651
00:23:49,919 --> 00:23:52,159
inflationary adjustments going forward

652
00:23:52,159 --> 00:23:54,080
okay thank you yeah

653
00:23:54,080 --> 00:23:56,960
i hope it's nice

654
00:23:56,960 --> 00:23:59,039
uh the next slide

655
00:23:59,039 --> 00:24:01,279
cayenne so jim just further

656
00:24:01,279 --> 00:24:03,279
clarification on that so

657
00:24:03,279 --> 00:24:06,080
uh this year we're going to fund that 55

658
00:24:06,080 --> 00:24:10,080
000 out of the rcmp reserve but next

659
00:24:10,080 --> 00:24:12,000
pardon me next year we'll need to fund

660
00:24:12,000 --> 00:24:15,679
that out of taxes that's correct yeah yeah

661
00:24:15,679 --> 00:24:17,200
it's it's really just essentially a

662
00:24:17,200 --> 00:24:19,679
deferral um of that half percent

663
00:24:19,679 --> 00:24:21,760
increase from this year to next year

664
00:24:21,760 --> 00:24:22,880
in the hopes that we're not going to be

665
00:24:22,880 --> 00:24:24,400
facing the same challenges this year

666
00:24:24,400 --> 00:24:29,110
that we are

667
00:24:29,120 --> 00:24:32,630
so the next slide

668
00:24:32,640 --> 00:24:35,760
yeah happy to discuss it further if

669
00:24:35,760 --> 00:24:38,000
no i i just have a rather pessimistic

670
00:24:38,000 --> 00:24:39,840
outlook about each year going forward

671
00:24:39,840 --> 00:24:42,559
and whether we'll actually see anything

672
00:24:42,559 --> 00:24:44,640
relax but we'll see

673
00:24:44,640 --> 00:24:45,520
yeah

674
00:24:45,520 --> 00:24:48,080
time will tell

675
00:24:48,080 --> 00:24:50,000
so the next slide the program kai and

676
00:24:50,000 --> 00:24:51,919
extension extension

677
00:24:51,919 --> 00:24:53,360
um

678
00:24:53,360 --> 00:24:55,360
recently at the february 14th council

679
00:24:55,360 --> 00:24:57,360
meeting council extended that that

680
00:24:57,360 --> 00:24:59,039
initial three-year greet agreement with

681
00:24:59,039 --> 00:25:01,600
the kimberley youth action network

682
00:25:01,600 --> 00:25:04,400
by one year so this is just creating a

683
00:25:04,400 --> 00:25:05,919
budget for that

684
00:25:05,919 --> 00:25:07,440
it's uh sixty thousand dollars in

685
00:25:07,440 --> 00:25:09,200
revenue fifty four thousand five hundred

686
00:25:09,200 --> 00:25:11,120
in expenditures with which are split

687
00:25:11,120 --> 00:25:13,600
fifty fifty between this year next given

688
00:25:13,600 --> 00:25:16,000
the way that their fiscal year works

689
00:25:16,000 --> 00:25:18,640
uh the 5500 difference is the

690
00:25:18,640 --> 00:25:20,559
an administrative cost that's retained

691
00:25:20,559 --> 00:25:22,720
by the city for the the cost for our

692
00:25:22,720 --> 00:25:25,120
staff to look after that program

693
00:25:25,120 --> 00:25:29,039
do the paperwork et cetera

694
00:25:29,039 --> 00:25:31,279
so the next uh table here is where we

695
00:25:31,279 --> 00:25:34,480
get into the the numbers

696
00:25:34,480 --> 00:25:38,000
so the first green line there three three

697
00:25:38,000 --> 00:25:40,080
lines down on the first top of that

698
00:25:40,080 --> 00:25:42,799
table the 394 893 is what was brought

699
00:25:42,799 --> 00:25:45,200
forward from that previous slide

700
00:25:45,200 --> 00:25:46,320
the total of the changes to the

701
00:25:46,320 --> 00:25:47,840
operating costs

702
00:25:47,840 --> 00:25:49,679
the next section is

703
00:25:49,679 --> 00:25:51,440
the amount of those costs that are going

704
00:25:51,440 --> 00:25:52,960
to be covered from

705
00:25:52,960 --> 00:25:54,799
the various reserves

706
00:25:54,799 --> 00:25:57,600
so they're not affecting uh the increase

707
00:25:57,600 --> 00:25:59,919
to the property tax rate

708
00:25:59,919 --> 00:26:02,679
so the net of those two is 62

709
00:26:02,679 --> 00:26:06,799
772 dollars which is the the net of the ask

710
00:26:06,799 --> 00:26:08,240
for this year

711
00:26:08,240 --> 00:26:12,159
which works out to a 0.58 tax increase

712
00:26:12,159 --> 00:26:13,679
on the next slide

713
00:26:13,679 --> 00:26:16,000
we've got um

714
00:26:16,000 --> 00:26:18,000
the 3.99 percent that we discussed

715
00:26:18,000 --> 00:26:19,600
earlier which is already built into year

716
00:26:19,600 --> 00:26:21,039
two of the current five-year financial

717
00:26:21,039 --> 00:26:22,080
plan

718
00:26:22,080 --> 00:26:24,960
so we're adding the 0.58 percent for the

719
00:26:24,960 --> 00:26:27,360
62 772

720
00:26:27,360 --> 00:26:29,440
and then i'm also proposing to

721
00:26:29,440 --> 00:26:31,279
increase the inflationary factor that we

722
00:26:31,279 --> 00:26:33,600
had budgeted previous previously of 1.9

723
00:26:33,600 --> 00:26:36,320
percent to 2.84

724
00:26:36,320 --> 00:26:38,480
so that's an additional 0.94

725
00:26:38,480 --> 00:26:49,510
bringing the total increase um for 2022 to 5.51

726
00:26:49,520 --> 00:26:50,840
go ahead

727
00:26:50,840 --> 00:26:54,240
councilman um i appreciate you

728
00:26:54,240 --> 00:26:56,720
factoring that in jim um how confident

729
00:26:56,720 --> 00:27:00,000
are you that that is enough um given

730
00:27:00,000 --> 00:27:01,360
that uh

731
00:27:01,360 --> 00:27:05,520
you know i think everybody's feeling the effects right now and this all signs

732
00:27:05,520 --> 00:27:06,880
kind of point to

733
00:27:06,880 --> 00:27:08,000
um

734
00:27:08,000 --> 00:27:10,159
inflation going even higher so

735
00:27:10,159 --> 00:27:13,520
just curious yeah it's

736
00:27:13,520 --> 00:27:14,400
that's

737
00:27:14,400 --> 00:27:15,919
it it's a tough one to be confident

738
00:27:15,919 --> 00:27:17,760
about um at this point in time and

739
00:27:17,760 --> 00:27:19,360
municipalities seem to be all over the

740
00:27:19,360 --> 00:27:22,399
place i was able to find 18 municipalities

741
00:27:22,399 --> 00:27:25,760
that i could find online that had either

742
00:27:25,760 --> 00:27:27,520
communicated or approved their tax

743
00:27:27,520 --> 00:27:28,880
increases

744
00:27:28,880 --> 00:27:32,640
of those 18 10 of them were 5 or over

745
00:27:32,640 --> 00:27:35,360
the highest was eight and the lowest was

746
00:27:35,360 --> 00:27:37,360
2.75

747
00:27:37,360 --> 00:27:39,440
um that eight was an outlier as was a

748
00:27:39,440 --> 00:27:41,919
2.75 so

749
00:27:41,919 --> 00:27:44,640
i mean that most of what you hear about

750
00:27:44,640 --> 00:27:48,240
with inflation that the big um

751
00:27:48,240 --> 00:27:52,080
components of those the the mpi cpis

752
00:27:52,080 --> 00:27:53,919
that are are seeing a big hit these days

753
00:27:53,919 --> 00:27:56,640
are our fuel and and food

754
00:27:56,640 --> 00:27:57,440
and so

755
00:27:57,440 --> 00:27:59,120
when you back that food component out

756
00:27:59,120 --> 00:28:02,320
that the inflationary factor does drop

757
00:28:02,320 --> 00:28:06,000
so i'm hopeful that this is going to be

758
00:28:06,000 --> 00:28:07,760
enough i guess is what i'm saying but it

759
00:28:07,760 --> 00:28:09,520
really you know given

760
00:28:09,520 --> 00:28:11,279
we're still feeling the impacts of covid

761
00:28:11,279 --> 00:28:13,360
with the supply chains challenges chain

762
00:28:13,360 --> 00:28:14,799
challenges

763
00:28:14,799 --> 00:28:17,200
the war in ukraine the cp strike i mean

764
00:28:17,200 --> 00:28:19,590
it's

765
00:28:19,600 --> 00:28:20,799
we don't know when it's going to end or

766
00:28:20,799 --> 00:28:22,240
how how long he's

767
00:28:22,240 --> 00:28:24,159
going to continue for but

768
00:28:24,159 --> 00:28:26,080
yeah i feel you have your

769
00:28:26,080 --> 00:28:28,000
finger on the pulse jim it was just uh

770
00:28:28,000 --> 00:28:30,080
yeah just question thanks good question

771
00:28:30,080 --> 00:28:31,919
and i was i was expecting it because

772
00:28:31,919 --> 00:28:33,919
it's uh

773
00:28:33,919 --> 00:28:35,279
it's a tough one to put your thumb on

774
00:28:35,279 --> 00:28:37,039
this year

775
00:28:37,039 --> 00:28:38,559
so

776
00:28:38,559 --> 00:28:40,559
pardon me if i may jim

777
00:28:40,559 --> 00:28:41,679
um

778
00:28:41,679 --> 00:28:42,640
i guess

779
00:28:42,640 --> 00:28:46,320
in inflation to a lot of people is

780
00:28:46,320 --> 00:28:48,399
i mean costs are going up but the term

781
00:28:48,399 --> 00:28:50,240
inflation is

782
00:28:50,240 --> 00:28:53,679
fuzzy uh the fact is that if we have uh

783
00:28:53,679 --> 00:28:55,360
in the past years if we had not taken

784
00:28:55,360 --> 00:28:58,159
the two percent inflationary increase

785
00:28:58,159 --> 00:29:00,320
that cumulatively over the years would

786
00:29:00,320 --> 00:29:01,760
have meant that we would would have had

787
00:29:01,760 --> 00:29:04,240
to take a reduction in service somewhere

788
00:29:04,240 --> 00:29:06,320
in the services that we provide

789
00:29:06,320 --> 00:29:09,360
uh inflation has to be paid for somehow

790
00:29:09,360 --> 00:29:11,120
so it's either through taxes to keep

791
00:29:11,120 --> 00:29:13,120
service levels where they are or we have

792
00:29:13,120 --> 00:29:15,200
to look at reducing the service levels

793
00:29:15,200 --> 00:29:18,480
and it's a really really difficult

794
00:29:18,480 --> 00:29:20,880
challenge because nobody wants to see

795
00:29:20,880 --> 00:29:23,200
service reductions

796
00:29:23,200 --> 00:29:25,200
but at the end of the day we either do

797
00:29:25,200 --> 00:29:27,600
that or you have to pay for them and i

798
00:29:27,600 --> 00:29:29,520
think what we're seeing here in this in

799
00:29:29,520 --> 00:29:31,600
this particular budget is

800
00:29:31,600 --> 00:29:33,760
um you know a pretty good case scenario

801
00:29:33,760 --> 00:29:36,080
when we see what's going on around us

802
00:29:36,080 --> 00:29:38,559
um you know something it's not a

803
00:29:38,559 --> 00:29:42,159
reduction in services um but it's also

804
00:29:42,159 --> 00:29:44,159
you know a manageable increase that i

805
00:29:44,159 --> 00:29:46,320
think most people would understand

806
00:29:46,320 --> 00:29:48,720
at least i hope they do we'll find out i

807
00:29:48,720 --> 00:29:50,880
hope so as well mr mayor and the real

808
00:29:50,880 --> 00:29:52,559
saving grace for us with regards to

809
00:29:52,559 --> 00:29:54,080
inflationary factor is the fact that

810
00:29:54,080 --> 00:29:56,559
we're we're still working under

811
00:29:56,559 --> 00:29:58,240
the wages that were negotiated in the

812
00:29:58,240 --> 00:30:01,360
last round of collective bargaining so

813
00:30:01,360 --> 00:30:03,440
we're we work with the weighted average

814
00:30:03,440 --> 00:30:05,120
um when we're calculating that

815
00:30:05,120 --> 00:30:06,840
inflationary adjustment so

816
00:30:06,840 --> 00:30:09,760
2.84 it includes an increase of 2.18

817
00:30:09,760 --> 00:30:11,840
percent for the wages which is

818
00:30:11,840 --> 00:30:14,320
i think it's around 50 or 60 percent as

819
00:30:14,320 --> 00:30:19,360
far as the the weighted portion of that part of the the index so

820
00:30:19,360 --> 00:30:22,799
if if our wages were tied to a cpi like

821
00:30:22,799 --> 00:30:25,679
a lotter r these days

822
00:30:25,679 --> 00:30:27,279
we'd be talking a different number right

823
00:30:27,279 --> 00:30:28,559
now but

824
00:30:28,559 --> 00:30:33,590
that is helping us a lot

825
00:30:33,600 --> 00:30:36,640
so the last section of that slide there

826
00:30:36,640 --> 00:30:39,760
there's a small adjustment uh sixty six

827
00:30:39,760 --> 00:30:41,360
thousand one hundred one dollar

828
00:30:41,360 --> 00:30:42,799
reduction and that's a preliminary

829
00:30:42,799 --> 00:30:43,760
number

830
00:30:43,760 --> 00:30:45,520
uh related to non-market change and i'll

831
00:30:45,520 --> 00:30:46,720
talk more about that in the coming

832
00:30:46,720 --> 00:30:48,000
slides here

833
00:30:48,000 --> 00:30:50,799
so reduction of point 0.06

834
00:30:50,799 --> 00:30:54,240
to 5.45 so that's the proposed

835
00:30:54,240 --> 00:30:56,559
increase to the the variable tax

836
00:30:56,559 --> 00:30:58,559
collection or to the overall property

837
00:30:58,559 --> 00:31:04,149
tax collection for 2022

838
00:31:04,159 --> 00:31:06,960
these next few slides here uh speak to

839
00:31:06,960 --> 00:31:08,000
this

840
00:31:08,000 --> 00:31:09,279
just some more discussion about the

841
00:31:09,279 --> 00:31:12,240
annual inflationary adjustment

842
00:31:12,240 --> 00:31:13,200
so

843
00:31:13,200 --> 00:31:15,360
the mpi that we have been using since

844
00:31:15,360 --> 00:31:17,200
2016

845
00:31:17,200 --> 00:31:18,880
it's based on a weighted average of

846
00:31:18,880 --> 00:31:20,640
various expenditure categories within

847
00:31:20,640 --> 00:31:22,320
the city's budget using

848
00:31:22,320 --> 00:31:24,080
a bunch of conference board of canada

849
00:31:24,080 --> 00:31:25,519
indices

850
00:31:25,519 --> 00:31:27,600
and i've noted some of those

851
00:31:27,600 --> 00:31:28,880
below for

852
00:31:28,880 --> 00:31:30,399
what those indices are saying the

853
00:31:30,399 --> 00:31:33,360
increase was from fourth quarter 2020 to

854
00:31:33,360 --> 00:31:35,600
the end of 2021

855
00:31:35,600 --> 00:31:38,640
so 11.23 for vehicles and equipment fuel

856
00:31:38,640 --> 00:31:40,720
and oil 65.46

857
00:31:40,720 --> 00:31:42,880
materials goods and services 11.23

858
00:31:42,880 --> 00:31:46,000
natural gas 25.19

859
00:31:46,000 --> 00:31:48,000
so if if we were to use

860
00:31:48,000 --> 00:31:50,159
those indices i mean they just

861
00:31:50,159 --> 00:31:52,080
they don't seem to reflect what we've

862
00:31:52,080 --> 00:31:54,000
experienced over the last year we've

863
00:31:54,000 --> 00:31:56,000
seen increases for sure

864
00:31:56,000 --> 00:31:57,279
but

865
00:31:57,279 --> 00:32:00,159
if we were to use those indices

866
00:32:00,159 --> 00:32:02,320
we'd be looking at tax increase of over

867
00:32:02,320 --> 00:32:04,159
eight percent to calculate the the

868
00:32:04,159 --> 00:32:05,039
annual

869
00:32:05,039 --> 00:32:07,200
inflationary factor so

870
00:32:07,200 --> 00:32:09,200
what i've done is in place of

871
00:32:09,200 --> 00:32:10,880
some of the indices or the amounts

872
00:32:10,880 --> 00:32:12,559
prescribed by some of the indices i've

873
00:32:12,559 --> 00:32:13,760
used the

874
00:32:13,760 --> 00:32:16,000
increase to the canada's cpi over the

875
00:32:16,000 --> 00:32:19,200
last year which was 4.8 percent

876
00:32:19,200 --> 00:32:22,480
i've used 20 percent for fuel and oil

877
00:32:22,480 --> 00:32:24,640
and then for the wages as discussed it's

878
00:32:24,640 --> 00:32:26,240
at 2.18

879
00:32:26,240 --> 00:32:28,799
so that's where that 2.84 got pushed out

880
00:32:28,799 --> 00:32:30,080
from

881
00:32:30,080 --> 00:32:33,760
so we are we are varying from

882
00:32:33,760 --> 00:32:36,640
the typical mpi calculation this year we

883
00:32:36,640 --> 00:32:39,760
do every year to a certain extent i

884
00:32:39,760 --> 00:32:42,159
mean we've got negotiated wage increases

885
00:32:42,159 --> 00:32:44,799
we'll use that as opposed to the indices

886
00:32:44,799 --> 00:32:46,399
if we've got uh

887
00:32:46,399 --> 00:32:48,159
the rates from tariffs and gas or bc

888
00:32:48,159 --> 00:32:49,840
hydro as far as what they're increasing

889
00:32:49,840 --> 00:32:51,679
by we'll use those rather than the in

890
00:32:51,679 --> 00:32:53,760
the c number

891
00:32:53,760 --> 00:32:56,399
so i just wanted council to be aware of

892
00:32:56,399 --> 00:32:59,600
the fact that we've we varied from that

893
00:32:59,600 --> 00:33:02,320
and that's where how that 2.84 was

894
00:33:02,320 --> 00:33:03,760
arrived at

895
00:33:03,760 --> 00:33:04,960
so it is

896
00:33:04,960 --> 00:33:06,960
it's not the 1.9 that we included in the

897
00:33:06,960 --> 00:33:08,080
budget last year you know we're

898
00:33:08,080 --> 00:33:10,320
increasing it by almost a percent um to

899
00:33:10,320 --> 00:33:12,080
get that into sea up

900
00:33:12,080 --> 00:33:13,760
a bit but

901
00:33:13,760 --> 00:33:15,840
the goal was to implement a reasonable

902
00:33:15,840 --> 00:33:18,399
tax increase while wall respect while

903
00:33:18,399 --> 00:33:20,240
still respecting the uh

904
00:33:20,240 --> 00:33:22,000
the inflationary climate that we're in

905
00:33:22,000 --> 00:33:29,269
right now

906
00:33:29,279 --> 00:33:31,919
sorry joe go ahead

907
00:33:31,919 --> 00:33:34,880
thanks jim i appreciate the update

908
00:33:34,880 --> 00:33:37,200
one of the things that as you've been

909
00:33:37,200 --> 00:33:38,640
briefing us on this that i've been

910
00:33:38,640 --> 00:33:41,200
wondering about is um

911
00:33:41,200 --> 00:33:43,840
use of reserve money if uh

912
00:33:43,840 --> 00:33:46,880
if we do not uh if we are not successful

913
00:33:46,880 --> 00:33:48,480
in some of our

914
00:33:48,480 --> 00:33:50,640
grant applications for various things

915
00:33:50,640 --> 00:33:52,240
one of them would be for example

916
00:33:52,240 --> 00:33:54,000
wastewater treatment plant

917
00:33:54,000 --> 00:33:55,200
and

918
00:33:55,200 --> 00:33:56,240
the city

919
00:33:56,240 --> 00:33:57,760
decides to

920
00:33:57,760 --> 00:33:59,519
not pursue

921
00:33:59,519 --> 00:34:02,399
that avenue for their foreseeable future

922
00:34:02,399 --> 00:34:04,080
or other avenues

923
00:34:04,080 --> 00:34:05,919
is there a chance you know given the

924
00:34:05,919 --> 00:34:08,560
climate of inflation to use reserve

925
00:34:08,560 --> 00:34:12,079
funds for as an emergency to help

926
00:34:12,079 --> 00:34:14,079
make this more palatable for folks in

927
00:34:14,079 --> 00:34:17,040
kimberley the tax increase yeah

928
00:34:17,040 --> 00:34:19,200
um

929
00:34:19,200 --> 00:34:20,720
i i always

930
00:34:20,720 --> 00:34:22,639
kind of compare that it's that's kind of

931
00:34:22,639 --> 00:34:24,720
like using your your kids education fund

932
00:34:24,720 --> 00:34:27,760
to pay the mortgage payments i mean it's

933
00:34:27,760 --> 00:34:29,119
you're you're

934
00:34:29,119 --> 00:34:30,960
delaying the inevitable like sooner or

935
00:34:30,960 --> 00:34:32,000
later

936
00:34:32,000 --> 00:34:35,200
i mean you can use a hundred thousand dollars

937
00:34:35,200 --> 00:34:39,359
say to get the tax increase down to um

938
00:34:39,359 --> 00:34:41,760
a lower amount

939
00:34:41,760 --> 00:34:43,520
but then you're you're having to make

940
00:34:43,520 --> 00:34:45,440
that back in the next year i mean unless

941
00:34:45,440 --> 00:34:46,800
you keep taking that hundred thousand

942
00:34:46,800 --> 00:34:48,800
dollars out again and again and again to

943
00:34:48,800 --> 00:34:50,240
the point where

944
00:34:50,240 --> 00:34:51,200
you know you're getting close to

945
00:34:51,200 --> 00:34:53,040
depleting your reserves

946
00:34:53,040 --> 00:34:53,839
then

947
00:34:53,839 --> 00:34:55,280
when your reserves are depleted then you

948
00:34:55,280 --> 00:34:57,280
have to come up with that money so that

949
00:34:57,280 --> 00:35:00,400
the ongoing annual expenditures

950
00:35:00,400 --> 00:35:02,400
best practices to fund that from ongoing

951
00:35:02,400 --> 00:35:05,200
annual revenues as opposed to a pot of

952
00:35:05,200 --> 00:35:08,150
money in a reserve

953
00:35:08,160 --> 00:35:10,560
so in in fact jim we're suffering a

954
00:35:10,560 --> 00:35:12,720
little bit from that this year uh the

955
00:35:12,720 --> 00:35:15,280
next slide which shows the

956
00:35:15,280 --> 00:35:17,599
increases over the last three years

957
00:35:17,599 --> 00:35:19,680
the two point two two zero percent in

958
00:35:19,680 --> 00:35:23,599
2020 and 1.6 uh in 2021

959
00:35:23,599 --> 00:35:26,079
those last two years of no increases

960
00:35:26,079 --> 00:35:29,280
we've lost three percent to inflation

961
00:35:29,280 --> 00:35:31,920
and had we taken our normal two percent

962
00:35:31,920 --> 00:35:33,520
over those two years

963
00:35:33,520 --> 00:35:36,960
we instead of 5.5 we'd be looking at a

964
00:35:36,960 --> 00:35:39,349
um

965
00:35:39,359 --> 00:35:42,560
a 2.5 percent increase this year

966
00:35:42,560 --> 00:35:47,359
so to speak to your point you know we did what we thought under

967
00:35:47,359 --> 00:35:48,960
the circumstances at the beginning of

968
00:35:48,960 --> 00:35:51,359
covet was a good thing but we have to

969
00:35:51,359 --> 00:35:53,760
eventually pay the piper for that and

970
00:35:53,760 --> 00:35:55,920
this year is that year where we are

971
00:35:55,920 --> 00:35:59,829
doing that

972
00:35:59,839 --> 00:36:02,079
yeah that's a good point mr mayor on on

973
00:36:02,079 --> 00:36:04,079
the next slide there you'll see that

974
00:36:04,079 --> 00:36:06,720
as noted um so the last three years

975
00:36:06,720 --> 00:36:08,160
we've had an average increase of one

976
00:36:08,160 --> 00:36:10,320
point two seven percent while the pcc

977
00:36:10,320 --> 00:36:12,480
cpi over that same period is

978
00:36:12,480 --> 00:36:14,960
has grown by seven percent so

979
00:36:14,960 --> 00:36:18,320
if we work that 5.45 into that as a

980
00:36:18,320 --> 00:36:20,000
fourth year uh the four-year average

981
00:36:20,000 --> 00:36:22,240
would be 2.31 which is

982
00:36:22,240 --> 00:36:24,000
you know we're not far off from from

983
00:36:24,000 --> 00:36:31,190
inflation there

984
00:36:31,200 --> 00:36:36,069
so the

985
00:36:36,079 --> 00:36:38,790
see here

986
00:36:38,800 --> 00:36:40,640
so the next slide here is options to

987
00:36:40,640 --> 00:36:41,680
reduce

988
00:36:41,680 --> 00:36:43,359
the tax increase and

989
00:36:43,359 --> 00:36:44,800
i'm hoping just given the discussion

990
00:36:44,800 --> 00:36:47,200
that council is uh

991
00:36:47,200 --> 00:36:49,359
gain some comfort with that number

992
00:36:49,359 --> 00:36:52,240
but if we want to reduce that um as the

993
00:36:52,240 --> 00:36:54,720
mayor spoke to a bit here we could uh

994
00:36:54,720 --> 00:36:56,400
we could lower service levels elsewhere

995
00:36:56,400 --> 00:36:58,480
in the general operating budget

996
00:36:58,480 --> 00:37:00,320
uh we could defer reduce or eliminate

997
00:37:00,320 --> 00:37:02,640
one or more of the proposed changes

998
00:37:02,640 --> 00:37:04,800
um in total we're proposing you know

999
00:37:04,800 --> 00:37:06,640
just over 60 thousand dollars in changes

1000
00:37:06,640 --> 00:37:08,960
so that would give us a little over half

1001
00:37:08,960 --> 00:37:10,240
a percent

1002
00:37:10,240 --> 00:37:11,920
we could increase increase general

1003
00:37:11,920 --> 00:37:14,079
operating budget revenue other than tax

1004
00:37:14,079 --> 00:37:16,720
revenue user fees permit license fees

1005
00:37:16,720 --> 00:37:18,480
or we could reduce contributions to the

1006
00:37:18,480 --> 00:37:20,480
general capital reserves as we've talked

1007
00:37:20,480 --> 00:37:22,400
about a little bit

1008
00:37:22,400 --> 00:37:24,400
one thing we have to remember we

1009
00:37:24,400 --> 00:37:29,920
2022 we collected about 14 million dollars in uh

1010
00:37:29,920 --> 00:37:32,000
revenue in about

1011
00:37:32,000 --> 00:37:34,000
10 and a half that almost 11 million

1012
00:37:34,000 --> 00:37:35,520
dollars was through property tax the

1013
00:37:35,520 --> 00:37:37,280
rest of that was through

1014
00:37:37,280 --> 00:37:40,560
um user fees a small community grant

1015
00:37:40,560 --> 00:37:43,200
business licenses that type of thing

1016
00:37:43,200 --> 00:37:44,079
and

1017
00:37:44,079 --> 00:37:46,000
we're not going to be getting that 5.45

1018
00:37:46,000 --> 00:37:48,400
percent on those we've got 2 built in

1019
00:37:48,400 --> 00:37:50,880
for the water and sewer user fees

1020
00:37:50,880 --> 00:37:52,720
there's also two percent built in there

1021
00:37:52,720 --> 00:37:55,359
for recreation fee increases but

1022
00:37:55,359 --> 00:37:57,280
some of that stuff small community grant

1023
00:37:57,280 --> 00:37:58,880
is an example we there there is no

1024
00:37:58,880 --> 00:38:05,589
inflationary factor built into that so

1025
00:38:05,599 --> 00:38:09,040
yeah it's just weighing in um

1026
00:38:09,040 --> 00:38:12,560
just a pining on on these options um

1027
00:38:12,560 --> 00:38:18,560
yeah i would really hesitate um reducing the contribution to our our

1028
00:38:18,560 --> 00:38:20,720
capital reserve i i just look at

1029
00:38:20,720 --> 00:38:23,200
you know we have done

1030
00:38:23,200 --> 00:38:25,440
i believe council over the last little

1031
00:38:25,440 --> 00:38:28,480
while has done a lot um to to get caught

1032
00:38:28,480 --> 00:38:31,520
up um on infrastructure projects and and

1033
00:38:31,520 --> 00:38:33,040
various things and we know we have some

1034
00:38:33,040 --> 00:38:36,720
huge ticket items as well um coming up

1035
00:38:36,720 --> 00:38:39,359
and uh and i and i really

1036
00:38:39,359 --> 00:38:41,280
i don't want to slow that momentum down

1037
00:38:41,280 --> 00:38:43,359
and and if we recall i think you know

1038
00:38:43,359 --> 00:38:45,359
some of you who've been on council a lot

1039
00:38:45,359 --> 00:38:47,680
longer than i have um

1040
00:38:47,680 --> 00:38:48,960
you know a lot of the stuff that we're

1041
00:38:48,960 --> 00:38:50,079
dealing with

1042
00:38:50,079 --> 00:38:51,920
is because the can got kicked down the

1043
00:38:51,920 --> 00:38:53,839
road for a long time

1044
00:38:53,839 --> 00:38:56,000
and we're trying to to fix that so i

1045
00:38:56,000 --> 00:38:58,560
would really caution us trying to

1046
00:38:58,560 --> 00:39:01,200
make a move like that um where we where

1047
00:39:01,200 --> 00:39:02,480
we uh

1048
00:39:02,480 --> 00:39:04,640
decrease those uh contributions because

1049
00:39:04,640 --> 00:39:10,630
i think we still have a long ways to go

1050
00:39:10,640 --> 00:39:12,400
officer oakley

1051
00:39:12,400 --> 00:39:14,960
yes i i do uh have a i would like to

1052
00:39:14,960 --> 00:39:17,760
comment on the user fees i i i have

1053
00:39:17,760 --> 00:39:20,079
never um

1054
00:39:20,079 --> 00:39:21,359
uh

1055
00:39:21,359 --> 00:39:22,640
you know

1056
00:39:22,640 --> 00:39:26,310
liked the um

1057
00:39:26,320 --> 00:39:28,480
some of the recreational facilities that

1058
00:39:28,480 --> 00:39:31,599
we have in our community not charging a

1059
00:39:31,599 --> 00:39:32,800
higher level

1060
00:39:32,800 --> 00:39:34,640
user fees i just personally feel user

1061
00:39:34,640 --> 00:39:36,800
fees there's room to move there to help

1062
00:39:36,800 --> 00:39:37,760
out

1063
00:39:37,760 --> 00:39:39,599
and

1064
00:39:39,599 --> 00:39:42,160
that that's always a tough one because

1065
00:39:42,160 --> 00:39:44,000
people are paying out of pocket and you

1066
00:39:44,000 --> 00:39:45,599
know they're paying tax increases it's

1067
00:39:45,599 --> 00:39:48,079
just one thing after another but it is

1068
00:39:48,079 --> 00:39:49,280
um

1069
00:39:49,280 --> 00:39:53,280
it is it seems to me uh to be fair to

1070
00:39:53,280 --> 00:39:55,440
some taxpayers and kimberley that don't

1071
00:39:55,440 --> 00:39:57,040
use the facilities

1072
00:39:57,040 --> 00:39:58,640
that don't have to pay the user fee and

1073
00:39:58,640 --> 00:40:00,160
that there would be a higher user fee

1074
00:40:00,160 --> 00:40:01,920
for the folks that are using them

1075
00:40:01,920 --> 00:40:03,599
the other thing that i wanted to comment

1076
00:40:03,599 --> 00:40:04,480
on

1077
00:40:04,480 --> 00:40:05,680
was

1078
00:40:05,680 --> 00:40:07,200
the regional district

1079
00:40:07,200 --> 00:40:08,560
possibly

1080
00:40:08,560 --> 00:40:11,119
you know having a little bit of a larger

1081
00:40:11,119 --> 00:40:13,680
role and uh some of our facilities

1082
00:40:13,680 --> 00:40:16,160
possibly as they do in other communities

1083
00:40:16,160 --> 00:40:18,560
so to help out and uh

1084
00:40:18,560 --> 00:40:19,839
because people who come in from the

1085
00:40:19,839 --> 00:40:22,319
region to use our facilities

1086
00:40:22,319 --> 00:40:23,119
and

1087
00:40:23,119 --> 00:40:26,160
are not paying a local municipal tax

1088
00:40:26,160 --> 00:40:28,720
so a user fee to me is something i i

1089
00:40:28,720 --> 00:40:31,599
would i would love to look at that um i

1090
00:40:31,599 --> 00:40:33,280
think that's fair

1091
00:40:33,280 --> 00:40:34,240
and

1092
00:40:34,240 --> 00:40:37,040
it's needed now it's uh to look at that

1093
00:40:37,040 --> 00:40:39,359
heart and to see if that can help out

1094
00:40:39,359 --> 00:40:41,359
make a difference

1095
00:40:41,359 --> 00:40:42,240
thank you

1096
00:40:42,240 --> 00:40:44,079
thanks daryl um

1097
00:40:44,079 --> 00:40:46,319
counselor dallas go ahead

1098
00:40:46,319 --> 00:40:49,599
uh i would caution against uh

1099
00:40:49,599 --> 00:40:51,680
going too hard with the user fees simply

1100
00:40:51,680 --> 00:40:53,440
because

1101
00:40:53,440 --> 00:40:55,520
with the increased cost of living

1102
00:40:55,520 --> 00:40:58,079
particularly that increase to fuel

1103
00:40:58,079 --> 00:40:59,440
um

1104
00:40:59,440 --> 00:41:02,560
you know that could disproportionately

1105
00:41:02,560 --> 00:41:04,720
take the the lower income folks and

1106
00:41:04,720 --> 00:41:06,560
really price them out of

1107
00:41:06,560 --> 00:41:08,079
those facilities

1108
00:41:08,079 --> 00:41:09,119
uh

1109
00:41:09,119 --> 00:41:10,880
my main thing that i'd like to say is

1110
00:41:10,880 --> 00:41:13,040
thank you jim and the rest of staff that

1111
00:41:13,040 --> 00:41:15,119
have helped you with this because

1112
00:41:15,119 --> 00:41:17,200
uh you know

1113
00:41:17,200 --> 00:41:19,280
you've carried the ball you haven't you

1114
00:41:19,280 --> 00:41:22,079
know in the last couple years we've

1115
00:41:22,079 --> 00:41:23,599
borrowed from peter to pay paul and

1116
00:41:23,599 --> 00:41:24,560
we're

1117
00:41:24,560 --> 00:41:26,800
obviously catching up with that today

1118
00:41:26,800 --> 00:41:29,119
but um

1119
00:41:29,119 --> 00:41:32,000
you've done an incredible job you know

1120
00:41:32,000 --> 00:41:33,040
and uh

1121
00:41:33,040 --> 00:41:35,359
thanks to you and all the staff

1122
00:41:35,359 --> 00:41:37,359
yeah we really appreciate that i think

1123
00:41:37,359 --> 00:41:38,480
we're all looking forward to getting

1124
00:41:38,480 --> 00:41:41,599
back to a normal year next year when

1125
00:41:41,599 --> 00:41:44,160
we're we're not having to to do that

1126
00:41:44,160 --> 00:41:46,560
back and forth thank you

1127
00:41:46,560 --> 00:41:48,400
yeah when you mention normal year i

1128
00:41:48,400 --> 00:41:49,839
think that's the other thing i think we

1129
00:41:49,839 --> 00:41:51,440
need to remember that there's a lot of

1130
00:41:51,440 --> 00:41:53,359
cause and effect here as we're coming

1131
00:41:53,359 --> 00:41:56,079
out of covid uh that has been cumulative

1132
00:41:56,079 --> 00:41:58,400
effects over the last two years and it's

1133
00:41:58,400 --> 00:42:00,319
unclear right now how that will sort

1134
00:42:00,319 --> 00:42:02,400
itself out over the next six to 12

1135
00:42:02,400 --> 00:42:03,280
months

1136
00:42:03,280 --> 00:42:05,440
and so you know i would caution against

1137
00:42:05,440 --> 00:42:07,440
us doing anything radical at this point

1138
00:42:07,440 --> 00:42:09,359
until we really see

1139
00:42:09,359 --> 00:42:11,680
you know kind of what direction that uh

1140
00:42:11,680 --> 00:42:13,760
that ship is headed in

1141
00:42:13,760 --> 00:42:15,040
i would also like to make a comment

1142
00:42:15,040 --> 00:42:18,000
about the user fees um you know i think

1143
00:42:18,000 --> 00:42:19,920
when it's funny when you mention user

1144
00:42:19,920 --> 00:42:21,760
fees uh counselor oakley the first thing

1145
00:42:21,760 --> 00:42:25,359
i thought of was sewer water solid waste

1146
00:42:25,359 --> 00:42:26,960
i didn't think about the recreational

1147
00:42:26,960 --> 00:42:29,599
facilities right out of the gate and so

1148
00:42:29,599 --> 00:42:31,040
you know clearly there may be some

1149
00:42:31,040 --> 00:42:33,440
opportunities to review where we sit in

1150
00:42:33,440 --> 00:42:34,800
relation to other communities for

1151
00:42:34,800 --> 00:42:37,200
example with respect to our recreational

1152
00:42:37,200 --> 00:42:39,119
user fees but

1153
00:42:39,119 --> 00:42:42,000
i lay awake at night thinking about our

1154
00:42:42,000 --> 00:42:46,000
sewer water and the major service user

1155
00:42:46,000 --> 00:42:49,440
fees because those are user fees that um

1156
00:42:49,440 --> 00:42:51,040
a very large portion of our community

1157
00:42:51,040 --> 00:42:53,359
that's on fixed incomes don't have an

1158
00:42:53,359 --> 00:42:56,160
option to manage the variable tax rates

1159
00:42:56,160 --> 00:42:58,160
they can manage because anybody over the

1160
00:42:58,160 --> 00:42:59,920
age of 55 that owns property can

1161
00:42:59,920 --> 00:43:03,119
actually defer property taxes

1162
00:43:03,119 --> 00:43:05,040
for a long time basically until you sell

1163
00:43:05,040 --> 00:43:06,960
your property there's a way to get

1164
00:43:06,960 --> 00:43:08,960
relief but there is no way to get relief

1165
00:43:08,960 --> 00:43:10,400
from the user fees

1166
00:43:10,400 --> 00:43:12,560
and so you know i think we need to be

1167
00:43:12,560 --> 00:43:13,839
you know very

1168
00:43:13,839 --> 00:43:16,480
cognizant of where those user fees go

1169
00:43:16,480 --> 00:43:19,990
for that reason

1170
00:43:20,000 --> 00:43:22,240
uh councilor roberts

1171
00:43:22,240 --> 00:43:24,400
i'd like to mention at this point that i

1172
00:43:24,400 --> 00:43:26,960
really really appreciate the

1173
00:43:26,960 --> 00:43:29,750
um

1174
00:43:29,760 --> 00:43:32,240
measured response that jim gives in

1175
00:43:32,240 --> 00:43:35,599
terms of moving things forward in a way

1176
00:43:35,599 --> 00:43:39,760
that is uh prudent and not

1177
00:43:39,760 --> 00:43:42,079
in a frightening way and not in a way

1178
00:43:42,079 --> 00:43:43,839
that is going to leave us hanging too

1179
00:43:43,839 --> 00:43:45,280
badly

1180
00:43:45,280 --> 00:43:47,680
i came from an environment where i

1181
00:43:47,680 --> 00:43:50,560
actually changed interest rates up one

1182
00:43:50,560 --> 00:43:53,760
year 21 times and there was a point in

1183
00:43:53,760 --> 00:43:56,400
time where i was mortgaging houses for

1184
00:43:56,400 --> 00:43:58,319
18 percent

1185
00:43:58,319 --> 00:44:01,359
so things can move crazy

1186
00:44:01,359 --> 00:44:03,440
those are out of our hands what we need

1187
00:44:03,440 --> 00:44:05,119
to be able to do is

1188
00:44:05,119 --> 00:44:09,599
the best for all this is a huge a huge

1189
00:44:09,599 --> 00:44:11,359
basket of goodies that need to take

1190
00:44:11,359 --> 00:44:13,280
place here and i really appreciate the

1191
00:44:13,280 --> 00:44:15,920
prudent way that that you balance things

1192
00:44:15,920 --> 00:44:17,760
so that you can so that we're not just

1193
00:44:17,760 --> 00:44:21,440
insulting one portion of the budget for

1194
00:44:21,440 --> 00:44:23,520
another portion that we've got these

1195
00:44:23,520 --> 00:44:24,400
things

1196
00:44:24,400 --> 00:44:26,240
for our capital infrastructure fairly

1197
00:44:26,240 --> 00:44:29,200
before fairly modest but prudent and i i

1198
00:44:29,200 --> 00:44:30,560
just really appreciate the way that

1199
00:44:30,560 --> 00:44:32,160
we've been handling this and i would

1200
00:44:32,160 --> 00:44:35,119
hate for us to digress too greatly

1201
00:44:35,119 --> 00:44:37,119
and some fear that inflation is going to

1202
00:44:37,119 --> 00:44:39,359
go nuts

1203
00:44:39,359 --> 00:44:41,520
thanks thanks scott roberts counselor

1204
00:44:41,520 --> 00:44:43,680
dallas further i just had one other

1205
00:44:43,680 --> 00:44:45,839
thing jim uh do you have any

1206
00:44:45,839 --> 00:44:47,839
um

1207
00:44:47,839 --> 00:44:49,040
any uh

1208
00:44:49,040 --> 00:44:50,960
idea what's coming down from the

1209
00:44:50,960 --> 00:44:54,000
regional district interior health

1210
00:44:54,000 --> 00:44:56,720
school board what those increases are

1211
00:44:56,720 --> 00:44:58,640
kind of looking like if

1212
00:44:58,640 --> 00:45:00,000
because i know we've had some

1213
00:45:00,000 --> 00:45:01,200
considerable

1214
00:45:01,200 --> 00:45:03,119
percentile increases in those as well in

1215
00:45:03,119 --> 00:45:06,560
the last couple years so yeah

1216
00:45:06,560 --> 00:45:08,160
i think the regional district their

1217
00:45:08,160 --> 00:45:09,920
budget they increased by five percent

1218
00:45:09,920 --> 00:45:10,960
this year

1219
00:45:10,960 --> 00:45:12,960
that i i can't recall the number it

1220
00:45:12,960 --> 00:45:15,200
doesn't translate to a whole lot as far

1221
00:45:15,200 --> 00:45:17,520
as our taxpayers having to pay that

1222
00:45:17,520 --> 00:45:19,440
the hospital requisition they've been

1223
00:45:19,440 --> 00:45:20,960
stepping on that

1224
00:45:20,960 --> 00:45:21,920
hard

1225
00:45:21,920 --> 00:45:23,599
over the last few years i think it's

1226
00:45:23,599 --> 00:45:25,599
this year is going to be another

1227
00:45:25,599 --> 00:45:28,560
40 45 increase i think we this will be

1228
00:45:28,560 --> 00:45:29,680
the third

1229
00:45:29,680 --> 00:45:31,440
and it that impacts i think last year

1230
00:45:31,440 --> 00:45:33,280
was about 30 dollars that it added so

1231
00:45:33,280 --> 00:45:35,920
it's again not a huge amount but

1232
00:45:35,920 --> 00:45:37,040
um

1233
00:45:37,040 --> 00:45:38,720
we certainly wouldn't get away with the

1234
00:45:38,720 --> 00:45:40,079
increase like that it's totally

1235
00:45:40,079 --> 00:45:41,920
different

1236
00:45:41,920 --> 00:45:43,440
animal but

1237
00:45:43,440 --> 00:45:44,800
and the school board we won't hear from

1238
00:45:44,800 --> 00:45:46,800
them until it's usually the first week

1239
00:45:46,800 --> 00:45:48,720
of april where we get their requisition

1240
00:45:48,720 --> 00:45:50,800
so don't really have a feel for them yet

1241
00:45:50,800 --> 00:45:52,000
at all

1242
00:45:52,000 --> 00:45:54,319
so so the hospital board that's a good

1243
00:45:54,319 --> 00:45:56,000
comment on that one jim the hospital

1244
00:45:56,000 --> 00:45:56,960
board

1245
00:45:56,960 --> 00:45:59,119
is another example of

1246
00:45:59,119 --> 00:46:01,680
not taking a prudent increase

1247
00:46:01,680 --> 00:46:02,960
each year

1248
00:46:02,960 --> 00:46:05,280
to build reserves and in fact they went

1249
00:46:05,280 --> 00:46:08,630
for

1250
00:46:08,640 --> 00:46:10,079
don't quote me on this i think it was

1251
00:46:10,079 --> 00:46:12,240
more than a dozen years with no

1252
00:46:12,240 --> 00:46:14,560
increases whatsoever and then suddenly

1253
00:46:14,560 --> 00:46:15,920
we're faced with

1254
00:46:15,920 --> 00:46:16,880
uh

1255
00:46:16,880 --> 00:46:18,640
a whole pile of capital improvements of

1256
00:46:18,640 --> 00:46:20,240
which the hospital district has to pay

1257
00:46:20,240 --> 00:46:21,520
40

1258
00:46:21,520 --> 00:46:25,280
and so uh it's it's catch up big time uh

1259
00:46:25,280 --> 00:46:26,400
for not

1260
00:46:26,400 --> 00:46:28,400
taking those increase when the increases

1261
00:46:28,400 --> 00:46:29,599
in the small amounts when they should

1262
00:46:29,599 --> 00:46:31,440
have been taken

1263
00:46:31,440 --> 00:46:33,040
it's a cautionary tale the same thing

1264
00:46:33,040 --> 00:46:35,839
happened to us with our water um recall

1265
00:46:35,839 --> 00:46:37,680
that we went about eight years or nine

1266
00:46:37,680 --> 00:46:38,960
or ten years or something like that

1267
00:46:38,960 --> 00:46:40,480
without an increase in the water rates

1268
00:46:40,480 --> 00:46:42,240
and then all of a sudden we have nothing

1269
00:46:42,240 --> 00:46:44,079
in the reserve and we're panicking to

1270
00:46:44,079 --> 00:46:46,480
try and get the reserve back in place so

1271
00:46:46,480 --> 00:46:48,079
you know as much as

1272
00:46:48,079 --> 00:46:49,520
we look at some of these small

1273
00:46:49,520 --> 00:46:50,960
incremental improvements and say well

1274
00:46:50,960 --> 00:46:53,119
maybe we can defer that as you mentioned

1275
00:46:53,119 --> 00:46:54,880
earlier jim i guess i'm just reinforcing

1276
00:46:54,880 --> 00:46:57,280
your comment that you pay the piper

1277
00:46:57,280 --> 00:46:59,359
sooner or later and if it's later the

1278
00:46:59,359 --> 00:47:04,069
price is higher than if it's sooner

1279
00:47:04,079 --> 00:47:06,000
thanks for that thanks for your comments

1280
00:47:06,000 --> 00:47:08,390
council

1281
00:47:08,400 --> 00:47:09,119
so

1282
00:47:09,119 --> 00:47:10,560
the next few slides here are on

1283
00:47:10,560 --> 00:47:13,040
non-market change we've we always just

1284
00:47:13,040 --> 00:47:14,079
kind of

1285
00:47:14,079 --> 00:47:15,920
we always discussed on market change but

1286
00:47:15,920 --> 00:47:17,839
we always just kind of gloss over it

1287
00:47:17,839 --> 00:47:19,280
so i just want to have a bit of a

1288
00:47:19,280 --> 00:47:21,200
discussion in addition to everything

1289
00:47:21,200 --> 00:47:22,640
else we're dealing with this year there

1290
00:47:22,640 --> 00:47:25,200
was a bit of a hit to non-market change

1291
00:47:25,200 --> 00:47:27,200
as well

1292
00:47:27,200 --> 00:47:30,480
council recall on december 6th

1293
00:47:30,480 --> 00:47:31,760
based on

1294
00:47:31,760 --> 00:47:33,680
what bc assessment calls the preview

1295
00:47:33,680 --> 00:47:35,119
role

1296
00:47:35,119 --> 00:47:36,559
there was a preliminary estimate of

1297
00:47:36,559 --> 00:47:38,400
non-market change calculated of two

1298
00:47:38,400 --> 00:47:40,160
hundred and seven thousand dollars five

1299
00:47:40,160 --> 00:47:41,839
two hundred seven five two hundred seven

1300
00:47:41,839 --> 00:47:42,960
thousand five hundred and thirteen

1301
00:47:42,960 --> 00:47:44,400
dollars

1302
00:47:44,400 --> 00:47:45,760
uh we budget for hundred thousand

1303
00:47:45,760 --> 00:47:47,760
dollars annually so that seemed to

1304
00:47:47,760 --> 00:47:48,880
indicate that we would have a hundred

1305
00:47:48,880 --> 00:47:50,319
and seven thousand dollars that we could

1306
00:47:50,319 --> 00:47:53,839
use to fund new expenditures transfer to

1307
00:47:53,839 --> 00:47:55,119
reserves

1308
00:47:55,119 --> 00:47:58,640
to or to reduce the tax increase

1309
00:47:58,640 --> 00:48:01,760
but the completed role came out which is

1310
00:48:01,760 --> 00:48:03,760
an intermediary role we're still waiting

1311
00:48:03,760 --> 00:48:05,280
on the revised assessment role which

1312
00:48:05,280 --> 00:48:07,839
will come out in in april

1313
00:48:07,839 --> 00:48:09,680
but based on the completed role that

1314
00:48:09,680 --> 00:48:12,400
number has changed from 207 000 to 106

1315
00:48:12,400 --> 00:48:14,720
000 and that's not a that's not a final

1316
00:48:14,720 --> 00:48:16,640
number yet either

1317
00:48:16,640 --> 00:48:20,160
so what's happened is um

1318
00:48:20,160 --> 00:48:22,800
actually i'll just go back to the

1319
00:48:22,800 --> 00:48:25,119
previous page briefly so most of the

1320
00:48:25,119 --> 00:48:26,400
time what we talk about when we're

1321
00:48:26,400 --> 00:48:28,960
talking non-market changes

1322
00:48:28,960 --> 00:48:31,760
is uh new property tax on new assessment

1323
00:48:31,760 --> 00:48:34,400
so new assessment based on

1324
00:48:34,400 --> 00:48:36,480
new builds mostly residential houses

1325
00:48:36,480 --> 00:48:38,000
that are being built

1326
00:48:38,000 --> 00:48:40,000
but non-market change can also result

1327
00:48:40,000 --> 00:48:41,200
from

1328
00:48:41,200 --> 00:48:42,880
boundary extension to bring in new

1329
00:48:42,880 --> 00:48:45,119
assessment property class changes so

1330
00:48:45,119 --> 00:48:46,880
changing from class one to six vice

1331
00:48:46,880 --> 00:48:50,960
versa exemption status changes

1332
00:48:50,960 --> 00:48:52,880
additions or deletions so that's the new

1333
00:48:52,880 --> 00:48:54,880
construction

1334
00:48:54,880 --> 00:48:56,800
inventory change or sorry inventory

1335
00:48:56,800 --> 00:48:58,079
changes

1336
00:48:58,079 --> 00:48:59,839
is the new construction additions or

1337
00:48:59,839 --> 00:49:01,520
deletions i've got some examples of that

1338
00:49:01,520 --> 00:49:02,800
on the next page

1339
00:49:02,800 --> 00:49:05,280
and then zoning changes

1340
00:49:05,280 --> 00:49:07,839
so on to the other page there so as i've

1341
00:49:07,839 --> 00:49:09,119
noted here

1342
00:49:09,119 --> 00:49:11,119
uh the most significant uh factor that

1343
00:49:11,119 --> 00:49:12,400
contributed to the

1344
00:49:12,400 --> 00:49:13,920
big reduction from that previous

1345
00:49:13,920 --> 00:49:16,480
estimate to the the current estimate

1346
00:49:16,480 --> 00:49:18,880
is a 4.6 million dollar reduction to the

1347
00:49:18,880 --> 00:49:20,720
business class assessment as a result of

1348
00:49:20,720 --> 00:49:23,599
non-market change

1349
00:49:23,599 --> 00:49:25,680
3.7 million of that is related to

1350
00:49:25,680 --> 00:49:29,520
additions related to deletions

1351
00:49:29,520 --> 00:49:32,240
which also ties into exemptions as i'll

1352
00:49:32,240 --> 00:49:34,640
discuss in a bit a bit later here

1353
00:49:34,640 --> 00:49:37,440
and then 1.9 million due to property

1354
00:49:37,440 --> 00:49:38,880
class changes

1355
00:49:38,880 --> 00:49:40,880
and then an increase of 931 thousand

1356
00:49:40,880 --> 00:49:43,280
dollars due to exemption status change

1357
00:49:43,280 --> 00:49:45,680
which relates primarily to bootleg

1358
00:49:45,680 --> 00:49:47,680
primarily the previous being exempt and

1359
00:49:47,680 --> 00:49:49,599
we're working our way towards full

1360
00:49:49,599 --> 00:49:51,760
taxation on that

1361
00:49:51,760 --> 00:49:54,079
so the deletions we're talking about

1362
00:49:54,079 --> 00:49:57,280
relate almost entirely to save on foods

1363
00:49:57,280 --> 00:49:59,280
so

1364
00:49:59,280 --> 00:50:00,640
what happened there

1365
00:50:00,640 --> 00:50:01,839
is

1366
00:50:01,839 --> 00:50:03,440
that property was eligible for the

1367
00:50:03,440 --> 00:50:05,440
revitalization revitalization tax

1368
00:50:05,440 --> 00:50:07,760
exemption that we offer the kimberley

1369
00:50:07,760 --> 00:50:10,319
investment incentive program

1370
00:50:10,319 --> 00:50:13,040
so because that was a multi-year build

1371
00:50:13,040 --> 00:50:15,440
uh in 2019 that

1372
00:50:15,440 --> 00:50:16,880
the old store i think of the assessed

1373
00:50:16,880 --> 00:50:19,359
value was 2.25 million dollars

1374
00:50:19,359 --> 00:50:20,880
because they continued to use the new

1375
00:50:20,880 --> 00:50:22,800
store while they were constructing use

1376
00:50:22,800 --> 00:50:24,079
the old star wars like constructing a

1377
00:50:24,079 --> 00:50:25,359
new one

1378
00:50:25,359 --> 00:50:26,800
every year they would go look at that

1379
00:50:26,800 --> 00:50:29,359
property at the end of october and

1380
00:50:29,359 --> 00:50:31,119
assess what had been built there and

1381
00:50:31,119 --> 00:50:32,640
they would add that

1382
00:50:32,640 --> 00:50:34,079
assessment of the new building onto the

1383
00:50:34,079 --> 00:50:35,520
old building to the point where at the

1384
00:50:35,520 --> 00:50:37,200
end of 2021

1385
00:50:37,200 --> 00:50:38,960
there was 5.5 million dollars in

1386
00:50:38,960 --> 00:50:40,800
assessment there that two in change

1387
00:50:40,800 --> 00:50:42,160
related to dual building the rest

1388
00:50:42,160 --> 00:50:44,160
related to the new building

1389
00:50:44,160 --> 00:50:47,040
2022 came along

1390
00:50:47,040 --> 00:50:48,960
they got final occupancy on the building

1391
00:50:48,960 --> 00:50:50,480
moved into it demolished the old

1392
00:50:50,480 --> 00:50:51,520
building

1393
00:50:51,520 --> 00:50:54,480
so they removed the folio associated

1394
00:50:54,480 --> 00:50:56,400
with the old building which was assessed

1395
00:50:56,400 --> 00:50:58,880
at 5.5 million dollars year prior so

1396
00:50:58,880 --> 00:51:00,720
that that dropped off

1397
00:51:00,720 --> 00:51:02,319
the assessment role through non-market

1398
00:51:02,319 --> 00:51:03,440
change

1399
00:51:03,440 --> 00:51:04,960
they added the cost of the new building

1400
00:51:04,960 --> 00:51:06,960
which is around six million dollars and

1401
00:51:06,960 --> 00:51:09,280
then because they were eligible for that

1402
00:51:09,280 --> 00:51:12,160
exemption they reduced that by 3.8

1403
00:51:12,160 --> 00:51:13,920
million dollars

1404
00:51:13,920 --> 00:51:17,440
so we saw a net reduction of about 3.25

1405
00:51:17,440 --> 00:51:19,280
million dollars to class 6 as a result

1406
00:51:19,280 --> 00:51:21,040
of that that building

1407
00:51:21,040 --> 00:51:22,559
in particular

1408
00:51:22,559 --> 00:51:28,480
so that was a huge hit probably fifty six thousand dollars

1409
00:51:28,480 --> 00:51:30,319
alone um

1410
00:51:30,319 --> 00:51:33,920
so the residential non-market assessment in

1411
00:51:33,920 --> 00:51:36,160
2022 it increased by about 33 million

1412
00:51:36,160 --> 00:51:38,720
dollars which would give us about 160

1413
00:51:38,720 --> 00:51:40,800
000 in new tax

1414
00:51:40,800 --> 00:51:43,520
so you deduct this 56 000 related to

1415
00:51:43,520 --> 00:51:45,280
primarily to

1416
00:51:45,280 --> 00:51:46,960
save on foods

1417
00:51:46,960 --> 00:51:48,880
and then bc assessment there was a

1418
00:51:48,880 --> 00:51:51,119
number of properties in

1419
00:51:51,119 --> 00:51:52,960
up at the ski hills so

1420
00:51:52,960 --> 00:51:55,200
north star mountain village and mountain

1421
00:51:55,200 --> 00:51:57,040
spirit

1422
00:51:57,040 --> 00:51:58,800
a bunch of those properties just because

1423
00:51:58,800 --> 00:52:00,720
of the way they're they're zoned for use

1424
00:52:00,720 --> 00:52:03,040
their split classification the portion

1425
00:52:03,040 --> 00:52:05,680
for short-term rentals is class six and

1426
00:52:05,680 --> 00:52:07,200
when the property owners are using it

1427
00:52:07,200 --> 00:52:07,920
they

1428
00:52:07,920 --> 00:52:09,119
allocate a portion of that to

1429
00:52:09,119 --> 00:52:10,400
residential

1430
00:52:10,400 --> 00:52:12,400
so there were 17 units in there that

1431
00:52:12,400 --> 00:52:13,440
they

1432
00:52:13,440 --> 00:52:14,480
um

1433
00:52:14,480 --> 00:52:16,800
they ended up moving from that split

1434
00:52:16,800 --> 00:52:19,040
classification to 100 percent

1435
00:52:19,040 --> 00:52:20,720
uh residential

1436
00:52:20,720 --> 00:52:22,800
so that was almost another

1437
00:52:22,800 --> 00:52:25,200
i think of the 1.9 it was about 1.2

1438
00:52:25,200 --> 00:52:27,119
million dollars related to that

1439
00:52:27,119 --> 00:52:28,720
and as we know the tax rate for class

1440
00:52:28,720 --> 00:52:30,480
six is about two and a half times the

1441
00:52:30,480 --> 00:52:31,680
residential

1442
00:52:31,680 --> 00:52:34,640
so you move from the higher classification into

1443
00:52:34,640 --> 00:52:35,680
the lower you're going to lose a bunch

1444
00:52:35,680 --> 00:52:37,920
of tax revenue so there's another

1445
00:52:37,920 --> 00:52:41,680
20 20 000 change that was lost there

1446
00:52:41,680 --> 00:52:44,720
so that brings that 160 thousand dollars

1447
00:52:44,720 --> 00:52:46,800
from residential there was another 19

1448
00:52:46,800 --> 00:52:49,760
000 i think related to

1449
00:52:49,760 --> 00:52:51,839
recreation class to the good so that

1450
00:52:51,839 --> 00:52:53,760
gets us back down to almost the budget

1451
00:52:53,760 --> 00:52:56,230
amount

1452
00:52:56,240 --> 00:52:57,520
so

1453
00:52:57,520 --> 00:52:59,440
complicated explanation but i'm i'm

1454
00:52:59,440 --> 00:53:01,280
hoping that that kind of explains to

1455
00:53:01,280 --> 00:53:03,440
council what happened there that's it's

1456
00:53:03,440 --> 00:53:05,839
an anomaly that unfortunately happened

1457
00:53:05,839 --> 00:53:07,520
in a year where we're facing a bunch of

1458
00:53:07,520 --> 00:53:09,119
other challenges so

1459
00:53:09,119 --> 00:53:10,319
if that wouldn't happen we would have

1460
00:53:10,319 --> 00:53:12,079
had a bunch of non-market change would

1461
00:53:12,079 --> 00:53:13,599
could have helped offset that tax

1462
00:53:13,599 --> 00:53:15,680
increase but

1463
00:53:15,680 --> 00:53:17,200
counselor kiddo

1464
00:53:17,200 --> 00:53:18,720
so does that mean we got a bunch of

1465
00:53:18,720 --> 00:53:20,720
extra money when savon had two buildings

1466
00:53:20,720 --> 00:53:22,240
down there

1467
00:53:22,240 --> 00:53:24,559
we did get in 2022 when that assessment

1468
00:53:24,559 --> 00:53:26,960
got up to 5.5 we received some

1469
00:53:26,960 --> 00:53:30,000
additional non-market change there yeah

1470
00:53:30,000 --> 00:53:32,079
so that exemption will it's a three year

1471
00:53:32,079 --> 00:53:35,920
exemption so 22 3 4 and then in 2025

1472
00:53:35,920 --> 00:53:38,160
we'll we'll get that assessment or that

1473
00:53:38,160 --> 00:53:43,030
money back again

1474
00:53:43,040 --> 00:53:46,559
so that brings us to the first um so so

1475
00:53:46,559 --> 00:53:47,359
just

1476
00:53:47,359 --> 00:53:48,480
so

1477
00:53:48,480 --> 00:53:49,359
the

1478
00:53:49,359 --> 00:53:51,760
160 thousand or so that we got from that

1479
00:53:51,760 --> 00:53:53,200
non it was it was a good thing we had a

1480
00:53:53,200 --> 00:53:55,280
good year last year yes otherwise the

1481
00:53:55,280 --> 00:53:57,440
pain was a whole lot more

1482
00:53:57,440 --> 00:54:01,280
yeah it was a great year for residential

1483
00:54:01,280 --> 00:54:02,960
construction i mean 33 million dollars

1484
00:54:02,960 --> 00:54:07,990
that's a that's a big number

1485
00:54:08,000 --> 00:54:08,800
so

1486
00:54:08,800 --> 00:54:11,440
unless there's any questions

1487
00:54:11,440 --> 00:54:13,119
on the previous slides here we'll move

1488
00:54:13,119 --> 00:54:15,200
on to the first slide where i'm asking

1489
00:54:15,200 --> 00:54:17,440
council for some direction

1490
00:54:17,440 --> 00:54:18,880
that resolution being the council

1491
00:54:18,880 --> 00:54:20,480
approved for inclusion in the five-year

1492
00:54:20,480 --> 00:54:22,319
financial plan by law the proposed-based

1493
00:54:22,319 --> 00:54:24,480
budget adjustments related to the

1494
00:54:24,480 --> 00:54:25,920
general operating budget as detailed in

1495
00:54:25,920 --> 00:54:29,599
slides 16-31 and the cfo's march 21st 22

1496
00:54:29,599 --> 00:54:31,520
presentation to council that will allow

1497
00:54:31,520 --> 00:54:46,390
us to proceed with bylaw

1498
00:54:46,400 --> 00:54:47,920
thank you council thanks for your

1499
00:54:47,920 --> 00:54:51,030
patience through that

1500
00:54:51,040 --> 00:54:53,440
so the next section here is the aquatic

1501
00:54:53,440 --> 00:54:54,319
center

1502
00:54:54,319 --> 00:54:57,119
parcel tax and as a council is aware

1503
00:54:57,119 --> 00:54:59,280
through kovid we've had some

1504
00:54:59,280 --> 00:55:00,880
ups and downs ebbs and flows with this

1505
00:55:00,880 --> 00:55:03,520
as well so just a bit of a recap on that

1506
00:55:03,520 --> 00:55:04,480
um

1507
00:55:04,480 --> 00:55:06,480
in 2019 we changed the aquatic center

1508
00:55:06,480 --> 00:55:08,160
funding model so that

1509
00:55:08,160 --> 00:55:09,280
uh the money collected through the

1510
00:55:09,280 --> 00:55:11,440
parcel tax funds 100 of the operating

1511
00:55:11,440 --> 00:55:13,359
deficit payments associated with that

1512
00:55:13,359 --> 00:55:14,880
facility

1513
00:55:14,880 --> 00:55:17,440
in 2020 with at the onset of covid we

1514
00:55:17,440 --> 00:55:19,119
had already adopted a bylaw setting that

1515
00:55:19,119 --> 00:55:22,549
rate at 195.91

1516
00:55:22,559 --> 00:55:24,640
that was before we knew the extent to

1517
00:55:24,640 --> 00:55:27,040
the extended facility shutdown

1518
00:55:27,040 --> 00:55:29,680
so we ended up collecting 361 thousand

1519
00:55:29,680 --> 00:55:31,200
dollars more in revenue than we needed

1520
00:55:31,200 --> 00:55:32,799
that year to fund the deficit and debt

1521
00:55:32,799 --> 00:55:35,280
payments so

1522
00:55:35,280 --> 00:55:36,400
because

1523
00:55:36,400 --> 00:55:39,200
parcel tax revenue can only be used

1524
00:55:39,200 --> 00:55:40,319
to to

1525
00:55:40,319 --> 00:55:42,480
pay for what it was the parcel tax was

1526
00:55:42,480 --> 00:55:44,559
established for which was to fund the

1527
00:55:44,559 --> 00:55:46,079
debt payments and operating the aquatic

1528
00:55:46,079 --> 00:55:46,960
center

1529
00:55:46,960 --> 00:55:48,480
what we did is we put that into a

1530
00:55:48,480 --> 00:55:52,400
reserve specific to that parcel tax

1531
00:55:52,400 --> 00:55:53,520
and

1532
00:55:53,520 --> 00:55:55,599
what what we talked about doing with

1533
00:55:55,599 --> 00:55:57,520
that was using it

1534
00:55:57,520 --> 00:56:00,880
in 2021 to reduce the parcel tax levy so

1535
00:56:00,880 --> 00:56:03,440
we were able to reduce the levy last

1536
00:56:03,440 --> 00:56:04,440
year to

1537
00:56:04,440 --> 00:56:08,880
88.51 cents from that 195.81

1538
00:56:08,880 --> 00:56:11,599
and in 2021

1539
00:56:11,599 --> 00:56:14,319
the aquatic center actually ended up um

1540
00:56:14,319 --> 00:56:16,480
making more revenue than we had

1541
00:56:16,480 --> 00:56:19,839
anticipated so of that 361 000 we didn't

1542
00:56:19,839 --> 00:56:22,799
need to use that all to make up for the

1543
00:56:22,799 --> 00:56:24,960
um the deficit in 2021 so we were left

1544
00:56:24,960 --> 00:56:26,880
with 63 000

1545
00:56:26,880 --> 00:56:28,880
dollars in that reserve

1546
00:56:28,880 --> 00:56:30,880
which on the next slide

1547
00:56:30,880 --> 00:56:32,480
you'll see

1548
00:56:32,480 --> 00:56:34,880
we use that to

1549
00:56:34,880 --> 00:56:37,040
we through it against the 2022 parcel

1550
00:56:37,040 --> 00:56:38,160
tax

1551
00:56:38,160 --> 00:56:39,920
so if you take the operating revenue

1552
00:56:39,920 --> 00:56:43,040
less expenditures less debt payments

1553
00:56:43,040 --> 00:56:45,440
that's the amount left in that reserve

1554
00:56:45,440 --> 00:56:47,119
we come up with uh

1555
00:56:47,119 --> 00:56:52,000
a deficit including debt of 946 000

1556
00:56:52,000 --> 00:56:54,680
and using a parcel tax parcel count of

1557
00:56:54,680 --> 00:56:58,480
4602 which could change albeit slightly

1558
00:56:58,480 --> 00:57:00,319
uh with a revised role when it comes out

1559
00:57:00,319 --> 00:57:01,440
in april

1560
00:57:01,440 --> 00:57:06,069
that works out to a parcel tax of 205.67

1561
00:57:06,079 --> 00:57:07,680
per year so

1562
00:57:07,680 --> 00:57:09,200
we're really just getting back to that

1563
00:57:09,200 --> 00:57:13,200
normal range in 2019 it was 198.36

1564
00:57:13,200 --> 00:57:16,640
so now we're out up to 205.67

1565
00:57:16,640 --> 00:57:17,599
and

1566
00:57:17,599 --> 00:57:20,400
assuming we're not going to have um

1567
00:57:20,400 --> 00:57:22,559
you know a big savings on the pool next

1568
00:57:22,559 --> 00:57:25,040
year i don't anticipate that we're gonna

1569
00:57:25,040 --> 00:57:26,720
we won't have a number like that to

1570
00:57:26,720 --> 00:57:31,119
reduce the parcel tax buy so the

1571
00:57:31,119 --> 00:57:33,839
works out to about 13 that we saved on

1572
00:57:33,839 --> 00:57:35,440
the parcel tax this year because we had

1573
00:57:35,440 --> 00:57:45,109
that amount in reserve we'll have to make that up next year

1574
00:57:45,119 --> 00:57:47,839
so as the facility was shut down i know

1575
00:57:47,839 --> 00:57:50,079
we had a lot of feedback from taxpayers

1576
00:57:50,079 --> 00:57:51,280
that

1577
00:57:51,280 --> 00:57:52,880
are my taxes going to be reduced as a

1578
00:57:52,880 --> 00:57:54,799
result of you know the aquatic center

1579
00:57:54,799 --> 00:57:56,079
not being used

1580
00:57:56,079 --> 00:57:58,319
the answer was yes we gave that money

1581
00:57:58,319 --> 00:57:59,440
back

1582
00:57:59,440 --> 00:58:01,359
uh but now that we're in full operation

1583
00:58:01,359 --> 00:58:03,920
again the 205 dollars is what it costs

1584
00:58:03,920 --> 00:58:05,680
to operate so

1585
00:58:05,680 --> 00:58:07,200
we gave the money back and now we're

1586
00:58:07,200 --> 00:58:08,880
back to where we were when we started so

1587
00:58:08,880 --> 00:58:11,040
it's not exactly an increase this year

1588
00:58:11,040 --> 00:58:14,000
as as it is a writing of the ship uh

1589
00:58:14,000 --> 00:58:16,160
back to where it was pre uh

1590
00:58:16,160 --> 00:58:17,680
pre-lockdown

1591
00:58:17,680 --> 00:58:19,280
exactly okay

1592
00:58:19,280 --> 00:58:20,799
thank you jim yeah thanks for those

1593
00:58:20,799 --> 00:58:22,400
comments

1594
00:58:22,400 --> 00:58:23,920
so unless there's any questions on that

1595
00:58:23,920 --> 00:58:25,359
on the next slide is that the next

1596
00:58:25,359 --> 00:58:27,359
resolution i'm requesting from council

1597
00:58:27,359 --> 00:58:29,040
uh which is the council direct staff to

1598
00:58:29,040 --> 00:58:31,280
prepare an amendment to the current

1599
00:58:31,280 --> 00:58:33,680
kimberley parcel tax bylaw

1600
00:58:33,680 --> 00:58:36,960
to make the 2022 parcel tax 205 dollars

1601
00:58:36,960 --> 00:58:38,960
and 67 cents

1602
00:58:38,960 --> 00:58:41,280
mover please counselor roberts thank you

1603
00:58:41,280 --> 00:58:43,280
councillor mcvean seconds

1604
00:58:43,280 --> 00:58:45,520
uh further discussion uh i do have a

1605
00:58:45,520 --> 00:58:47,280
question um

1606
00:58:47,280 --> 00:58:49,760
relating to the operating revenue

1607
00:58:49,760 --> 00:58:51,040
and expenses

1608
00:58:51,040 --> 00:58:54,319
so at 340 000 i that's that seems to be

1609
00:58:54,319 --> 00:58:56,400
going up uh over the last couple of

1610
00:58:56,400 --> 00:58:58,799
years i seem to remember 300 kind of

1611
00:58:58,799 --> 00:59:01,280
being the last conversation we had so my

1612
00:59:01,280 --> 00:59:04,400
question is are the

1613
00:59:04,400 --> 00:59:06,640
is the revenue going up lock step with

1614
00:59:06,640 --> 00:59:08,880
the expenditures like are we continuing

1615
00:59:08,880 --> 00:59:10,079
to kind of

1616
00:59:10,079 --> 00:59:12,559
you know keep keep that

1617
00:59:12,559 --> 00:59:14,559
you know keep that balance or kind of

1618
00:59:14,559 --> 00:59:15,760
what's happening with respect to

1619
00:59:15,760 --> 00:59:18,960
expenses and and revenues no that's that

1620
00:59:18,960 --> 00:59:20,240
would be great if that would happen i

1621
00:59:20,240 --> 00:59:22,240
mean we are the revenues are increasing

1622
00:59:22,240 --> 00:59:25,119
by two percent a year um based on the

1623
00:59:25,119 --> 00:59:27,440
increases anticipated in the in the fees

1624
00:59:27,440 --> 00:59:28,799
bylaw

1625
00:59:28,799 --> 00:59:29,680
um

1626
00:59:29,680 --> 00:59:31,520
the expenditures are increasing on

1627
00:59:31,520 --> 00:59:33,760
average by that two percent a little

1628
00:59:33,760 --> 00:59:35,680
different this year but

1629
00:59:35,680 --> 00:59:38,240
so that two percent of revenue is a lot

1630
00:59:38,240 --> 00:59:39,440
less than that two percent of

1631
00:59:39,440 --> 00:59:41,040
expenditures so that gap is going to

1632
00:59:41,040 --> 00:59:42,880
continue to grow and grow and grow and

1633
00:59:42,880 --> 00:59:45,040
there's really nothing we can do about

1634
00:59:45,040 --> 00:59:47,520
that it's the subsidy or the deficit's

1635
00:59:47,520 --> 00:59:48,880
going to continue to grow just because

1636
00:59:48,880 --> 00:59:52,240
of the nature of the uh the relationship

1637
00:59:52,240 --> 00:59:54,480
there between revenues and expenditures

1638
00:59:54,480 --> 00:59:56,799
so uh i don't expect you to have the

1639
00:59:56,799 --> 00:59:59,119
exact number but uh with respect to

1640
00:59:59,119 --> 01:00:01,359
usage of the aquatic center is that

1641
01:00:01,359 --> 01:00:03,520
remaining flat are we seeing an increase

1642
01:00:03,520 --> 01:00:05,280
in that or because that's another way to

1643
01:00:05,280 --> 01:00:06,480
increase

1644
01:00:06,480 --> 01:00:08,319
yeah to close the gap obviously is to

1645
01:00:08,319 --> 01:00:10,319
get more usage of the facility yeah and

1646
01:00:10,319 --> 01:00:12,319
just i don't have that mr mayor the

1647
01:00:12,319 --> 01:00:14,319
council will have the discussion uh or

1648
01:00:14,319 --> 01:00:15,760
the the opportunity to ask those

1649
01:00:15,760 --> 01:00:17,359
questions that

1650
01:00:17,359 --> 01:00:19,359
the user fees bylaw for the wreck

1651
01:00:19,359 --> 01:00:21,440
facilities is going to be coming forward

1652
01:00:21,440 --> 01:00:24,319
um i anticipate in the next month here

1653
01:00:24,319 --> 01:00:26,079
so i i would think that there's going to

1654
01:00:26,079 --> 01:00:27,760
be some discussion about that in the

1655
01:00:27,760 --> 01:00:29,520
staff report and an opportunity for

1656
01:00:29,520 --> 01:00:30,799
council to

1657
01:00:30,799 --> 01:00:32,559
ask some questions there all right very

1658
01:00:32,559 --> 01:00:35,359
good thanks jim yep councillor dallin

1659
01:00:35,359 --> 01:00:38,880
just in relation to that mr mayor um

1660
01:00:38,880 --> 01:00:42,559
contingent on the pho order of uh

1661
01:00:42,559 --> 01:00:45,280
necessary mandates perhaps

1662
01:00:45,280 --> 01:00:47,280
usage will go up when that relaxes some

1663
01:00:47,280 --> 01:00:51,270
more

1664
01:00:51,280 --> 01:00:56,710
yeah perhaps although um

1665
01:00:56,720 --> 01:00:58,400
yeah i get i guess i guess the question

1666
01:00:58,400 --> 01:01:00,400
is where was it pre-covered

1667
01:01:00,400 --> 01:01:02,160
you know versus you know kind of where

1668
01:01:02,160 --> 01:01:04,480
are we coming out of it the you know the

1669
01:01:04,480 --> 01:01:06,160
recreation facilities and aquatic the

1670
01:01:06,160 --> 01:01:08,000
aquatic center in particular you know is

1671
01:01:08,000 --> 01:01:09,440
one of those amenities in the community

1672
01:01:09,440 --> 01:01:11,040
where you're never expected to make

1673
01:01:11,040 --> 01:01:12,240
money i mean we're always going to be

1674
01:01:12,240 --> 01:01:13,920
deficit financing

1675
01:01:13,920 --> 01:01:15,839
and you know i know we've been

1676
01:01:15,839 --> 01:01:17,680
struggling the last couple of years with

1677
01:01:17,680 --> 01:01:20,079
staying inside the operating budget and

1678
01:01:20,079 --> 01:01:23,119
we in fact have cut some hours and some

1679
01:01:23,119 --> 01:01:24,880
corners at the aquatic center in order

1680
01:01:24,880 --> 01:01:27,440
to stay inside that envelope and i guess

1681
01:01:27,440 --> 01:01:29,680
uh as we prepare for that conversation

1682
01:01:29,680 --> 01:01:30,799
later on

1683
01:01:30,799 --> 01:01:33,359
um you know i i think we need to be very

1684
01:01:33,359 --> 01:01:35,920
cautious about cutting back services you

1685
01:01:35,920 --> 01:01:38,720
know at the aquatic center uh

1686
01:01:38,720 --> 01:01:41,119
i think we need to look at ways of

1687
01:01:41,119 --> 01:01:42,720
increasing revenues i guess is what i'm

1688
01:01:42,720 --> 01:01:45,119
saying and hopefully that'll be a an

1689
01:01:45,119 --> 01:01:46,480
important part of the conversation when

1690
01:01:46,480 --> 01:01:50,549
we see the staff report

1691
01:01:50,559 --> 01:01:52,079
thank you okay

1692
01:01:52,079 --> 01:01:54,799
thank you mr mayor so

1693
01:01:54,799 --> 01:01:56,960
yeah unless there's any other discussion

1694
01:01:56,960 --> 01:01:59,200
um the the next slide is

1695
01:01:59,200 --> 01:02:01,599
have we taken a vote on that already

1696
01:02:01,599 --> 01:02:15,039
yeah okay thank you

1697
01:02:15,039 --> 01:02:17,280
so the next section is proposed sewer

1698
01:02:17,280 --> 01:02:19,680
operating based budget adjustments and

1699
01:02:19,680 --> 01:02:21,119
council has had these discussions

1700
01:02:21,119 --> 01:02:24,079
already on january 24th i presented a

1701
01:02:24,079 --> 01:02:25,920
staff report on financial analysis of

1702
01:02:25,920 --> 01:02:27,920
the new wastewater treatment plant

1703
01:02:27,920 --> 01:02:29,520
so this is really just incorporating

1704
01:02:29,520 --> 01:02:30,960
those changes into the budget with

1705
01:02:30,960 --> 01:02:32,799
regards to

1706
01:02:32,799 --> 01:02:35,039
that the debt payments that we had

1707
01:02:35,039 --> 01:02:36,799
budgeted previously removing those from

1708
01:02:36,799 --> 01:02:39,039
the budget incorporating

1709
01:02:39,039 --> 01:02:40,559
the debt payments that we discussed at

1710
01:02:40,559 --> 01:02:42,799
that meeting into the budget

1711
01:02:42,799 --> 01:02:44,799
as well as the incremental operating

1712
01:02:44,799 --> 01:02:46,640
expenditures associated with operating

1713
01:02:46,640 --> 01:02:48,960
that new plan versus the old one when it

1714
01:02:48,960 --> 01:02:51,039
when we flip the switch hopefully in

1715
01:02:51,039 --> 01:02:53,440
2026.

1716
01:02:53,440 --> 01:02:55,760
so i've just reiterated the resolutions

1717
01:02:55,760 --> 01:02:58,240
that were passed at that 24 january 24th

1718
01:02:58,240 --> 01:03:01,599
meeting i won't read through those

1719
01:03:01,599 --> 01:03:03,200
it does note at the bottom of this page

1720
01:03:03,200 --> 01:03:04,799
there was some discussion on

1721
01:03:04,799 --> 01:03:08,559
january 24th at that meeting about

1722
01:03:08,559 --> 01:03:10,000
as a way of deferring the principal

1723
01:03:10,000 --> 01:03:12,160
payments on the debt associated with the

1724
01:03:12,160 --> 01:03:14,829
new plant

1725
01:03:14,839 --> 01:03:16,880
um doing

1726
01:03:16,880 --> 01:03:18,799
undertaking interim or temporary boring

1727
01:03:18,799 --> 01:03:21,599
for the first few years so as as we

1728
01:03:21,599 --> 01:03:23,280
we're gonna spend

1729
01:03:23,280 --> 01:03:25,039
three million dollars in in year one

1730
01:03:25,039 --> 01:03:26,480
three and year two and then have it

1731
01:03:26,480 --> 01:03:28,640
operating in year three

1732
01:03:28,640 --> 01:03:31,280
we temporarily borrow take out a short

1733
01:03:31,280 --> 01:03:34,000
term borrowing bylaw uh that way we're

1734
01:03:34,000 --> 01:03:35,920
only paying interest payments for for

1735
01:03:35,920 --> 01:03:38,000
those first two years and then we enter

1736
01:03:38,000 --> 01:03:39,119
the

1737
01:03:39,119 --> 01:03:40,720
uh have the debenture issue and enter

1738
01:03:40,720 --> 01:03:42,240
into the long-term debt in the third

1739
01:03:42,240 --> 01:03:44,160
year so the numbers that are on the

1740
01:03:44,160 --> 01:03:45,920
table on the next page

1741
01:03:45,920 --> 01:03:48,160
that's what they they reflect

1742
01:03:48,160 --> 01:03:51,829
is those estimated costs

1743
01:03:51,839 --> 01:03:53,280
as discussed at that meeting we're

1744
01:03:53,280 --> 01:03:55,440
basing the long-term borrowing on 30

1745
01:03:55,440 --> 01:03:56,400
years

1746
01:03:56,400 --> 01:04:00,079
at 3 percent uh which was the

1747
01:04:00,079 --> 01:04:02,000
that number was arrived at after

1748
01:04:02,000 --> 01:04:04,480
discussions with the mfa

1749
01:04:04,480 --> 01:04:07,280
they made it very clear that that was uh

1750
01:04:07,280 --> 01:04:09,680
an estimate as we know we can't predict

1751
01:04:09,680 --> 01:04:10,799
what the rates are going to be at that

1752
01:04:10,799 --> 01:04:13,760
time but

1753
01:04:13,760 --> 01:04:15,760
so jim the concept of of temporary

1754
01:04:15,760 --> 01:04:17,200
borrowing over the first couple three

1755
01:04:17,200 --> 01:04:19,280
years until it's complete is that a

1756
01:04:19,280 --> 01:04:21,119
traditional method

1757
01:04:21,119 --> 01:04:32,069
very common yeah thank you

1758
01:04:32,079 --> 01:04:33,520
that's correct yeah these are this is

1759
01:04:33,520 --> 01:04:34,559
all the last three years of the

1760
01:04:34,559 --> 01:04:36,319
five-year financial plan

1761
01:04:36,319 --> 01:04:38,640
and of course all of that depends it

1762
01:04:38,640 --> 01:04:40,480
hinges on the the grant application that

1763
01:04:40,480 --> 01:04:42,640
we submitted for that facility

1764
01:04:42,640 --> 01:04:45,440
so well march of 2023 i think is when

1765
01:04:45,440 --> 01:04:49,109
we're hoping to hear on that

1766
01:04:49,119 --> 01:04:50,559
so

1767
01:04:50,559 --> 01:04:51,839
unless there's any questions with

1768
01:04:51,839 --> 01:04:53,520
regards to this table

1769
01:04:53,520 --> 01:04:54,960
i'll move on to the next slide and ask

1770
01:04:54,960 --> 01:04:56,880
the council and prove approve the

1771
01:04:56,880 --> 01:04:58,079
inclusion of these changes in the

1772
01:04:58,079 --> 01:05:13,510
five-year plan

1773
01:05:13,520 --> 01:05:15,920
sorry didn't have my mic on for those

1774
01:05:15,920 --> 01:05:20,549
online uh the motion was carried

1775
01:05:20,559 --> 01:05:22,559
okay thank you council

1776
01:05:22,559 --> 01:05:24,000
so the last section of the report here

1777
01:05:24,000 --> 01:05:25,440
we're done the operating side of things

1778
01:05:25,440 --> 01:05:26,880
now we're into the the capital

1779
01:05:26,880 --> 01:05:29,200
non-capital project plan

1780
01:05:29,200 --> 01:05:32,000
um council initially approved uh the

1781
01:05:32,000 --> 01:05:33,520
preliminary five-year capital

1782
01:05:33,520 --> 01:05:36,720
non-capital project plan on november 1st

1783
01:05:36,720 --> 01:05:38,240
there have been a number of changes

1784
01:05:38,240 --> 01:05:39,760
since then

1785
01:05:39,760 --> 01:05:41,520
the reason we approve it that early is

1786
01:05:41,520 --> 01:05:44,880
so that we can any of the big projects

1787
01:05:44,880 --> 01:05:46,559
that aren't already included in year two

1788
01:05:46,559 --> 01:05:48,720
the five-year financial plan

1789
01:05:48,720 --> 01:05:50,720
we want approval of those and then we

1790
01:05:50,720 --> 01:05:51,920
actually make an amendment to the

1791
01:05:51,920 --> 01:05:55,599
current five-year financial plan year to allow us to proceed with uh tenders

1792
01:05:55,599 --> 01:05:58,640
and rfps for those larger projects

1793
01:05:58,640 --> 01:06:01,280
since that time we've we've adopted a

1794
01:06:01,280 --> 01:06:02,799
five-year financial plan bylaw that

1795
01:06:02,799 --> 01:06:05,520
impacted some of those numbers

1796
01:06:05,520 --> 01:06:07,359
some of the projects that

1797
01:06:07,359 --> 01:06:09,280
we had budgeted in 2021 are being

1798
01:06:09,280 --> 01:06:11,760
carried forward for a variety of reasons

1799
01:06:11,760 --> 01:06:14,000
as one example we ordered a

1800
01:06:14,000 --> 01:06:16,240
i think it was a tandem truck in january

1801
01:06:16,240 --> 01:06:17,680
of 2021

1802
01:06:17,680 --> 01:06:19,599
we still haven't received it i think

1803
01:06:19,599 --> 01:06:22,960
we're anticipating receiving it this april so

1804
01:06:22,960 --> 01:06:24,480
there are a variety reasons for these

1805
01:06:24,480 --> 01:06:27,039
carry forwards but uh they're all noted

1806
01:06:27,039 --> 01:06:29,039
in the in the index

1807
01:06:29,039 --> 01:06:31,039
uh individually

1808
01:06:31,039 --> 01:06:32,240
some there's been some subsequent

1809
01:06:32,240 --> 01:06:33,359
council

1810
01:06:33,359 --> 01:06:35,839
resolutions passed that impact the plan

1811
01:06:35,839 --> 01:06:37,200
and there's a couple projects that have

1812
01:06:37,200 --> 01:06:39,920
been added as well

1813
01:06:39,920 --> 01:06:41,680
so the next page here

1814
01:06:41,680 --> 01:06:44,079
and i'll go go through these

1815
01:06:44,079 --> 01:06:47,920
the more significant ones anyways on the next couple of pages here in these

1816
01:06:47,920 --> 01:06:49,839
tables and then

1817
01:06:49,839 --> 01:06:52,079
um as noted

1818
01:06:52,079 --> 01:06:53,440
they're they're all listed in the

1819
01:06:53,440 --> 01:06:55,599
appendix i do have some other slides

1820
01:06:55,599 --> 01:06:57,599
after this that include a bit of a

1821
01:06:57,599 --> 01:07:00,160
narrative on some of these

1822
01:07:00,160 --> 01:07:01,760
so

1823
01:07:01,760 --> 01:07:03,839
the wastewater treatment plant that's

1824
01:07:03,839 --> 01:07:05,119
the first four

1825
01:07:05,119 --> 01:07:06,880
items on in this

1826
01:07:06,880 --> 01:07:08,640
council's aware of those that was again

1827
01:07:08,640 --> 01:07:12,150
further to the discussion

1828
01:07:12,160 --> 01:07:14,079
at january 24th so just getting the

1829
01:07:14,079 --> 01:07:16,000
updated numbers in there

1830
01:07:16,000 --> 01:07:18,720
the kimberley gymnastics facility uh

1831
01:07:18,720 --> 01:07:20,400
reconstruction

1832
01:07:20,400 --> 01:07:23,119
as everyone's aware uh in on december

1833
01:07:23,119 --> 01:07:26,960
14th that facility was was lost to fire

1834
01:07:26,960 --> 01:07:29,359
that facility will be is proposed to be

1835
01:07:29,359 --> 01:07:30,960
rebuilt with a combination of insurance

1836
01:07:30,960 --> 01:07:32,559
proceeds and some fundraising by the

1837
01:07:32,559 --> 01:07:33,839
club

1838
01:07:33,839 --> 01:07:35,760
so that that was added to the project at

1839
01:07:35,760 --> 01:07:37,680
no cost to the city but it is an asset

1840
01:07:37,680 --> 01:07:39,039
that will be added to our balance sheet

1841
01:07:39,039 --> 01:07:41,280
so it's included in the budget

1842
01:07:41,280 --> 01:07:43,440
the swan half park reconstruction or

1843
01:07:43,440 --> 01:07:45,839
construction of that new park

1844
01:07:45,839 --> 01:07:48,319
and i've got a bit of a blurb on that

1845
01:07:48,319 --> 01:07:52,160
at a proposed cost of 222 000

1846
01:07:52,160 --> 01:07:54,160
uh council passed a resolution at the

1847
01:07:54,160 --> 01:07:56,000
february 28 regular meeting to increase

1848
01:07:56,000 --> 01:07:57,839
the budget for the roofs at city hall

1849
01:07:57,839 --> 01:08:00,160
and rcmp based on bids that were

1850
01:08:00,160 --> 01:08:01,599
received

1851
01:08:01,599 --> 01:08:04,000
and there's a couple of it budget items

1852
01:08:04,000 --> 01:08:06,000
there refresh of the microsoft office

1853
01:08:06,000 --> 01:08:08,480
we're taking that out value of 45 000

1854
01:08:08,480 --> 01:08:10,079
because we're moving to subscription

1855
01:08:10,079 --> 01:08:11,039
based

1856
01:08:11,039 --> 01:08:13,359
so we will no longer need to do that

1857
01:08:13,359 --> 01:08:16,560
and so in its place uh the manager of

1858
01:08:16,560 --> 01:08:19,199
it is introducing uh conferencing

1859
01:08:19,199 --> 01:08:20,960
equipment refresh

1860
01:08:20,960 --> 01:08:24,319
so that's in 2026 so by that time that

1861
01:08:24,319 --> 01:08:25,679
all the equipment has been added to this

1862
01:08:25,679 --> 01:08:27,839
facility uh we'll look at uh refreshing

1863
01:08:27,839 --> 01:08:29,920
that

1864
01:08:29,920 --> 01:08:32,239
the um the boundary street reconduct

1865
01:08:32,239 --> 01:08:33,600
reconstruction

1866
01:08:33,600 --> 01:08:36,799
that's the next one two three four

1867
01:08:36,799 --> 01:08:39,440
items there in november when this was

1868
01:08:39,440 --> 01:08:41,120
presented council it was the entire

1869
01:08:41,120 --> 01:08:42,799
budget that was presented including the

1870
01:08:42,799 --> 01:08:44,880
city's portion and uh

1871
01:08:44,880 --> 01:08:47,759
the third party portions so tech is is

1872
01:08:47,759 --> 01:08:50,159
um doing some work in that same trench

1873
01:08:50,159 --> 01:08:51,920
and it was proposed that the

1874
01:08:51,920 --> 01:08:53,199
developer was going to do some work

1875
01:08:53,199 --> 01:08:55,040
there as well so

1876
01:08:55,040 --> 01:08:56,239
because

1877
01:08:56,239 --> 01:08:58,560
we won't be funding

1878
01:08:58,560 --> 01:09:00,400
those projects they won't be our assets

1879
01:09:00,400 --> 01:09:02,000
at the end of the day

1880
01:09:02,000 --> 01:09:03,279
we're just removing those from the

1881
01:09:03,279 --> 01:09:05,759
capital budget and what's in appendix a

1882
01:09:05,759 --> 01:09:07,440
is the the city's portion of that

1883
01:09:07,440 --> 01:09:09,279
project

1884
01:09:09,279 --> 01:09:10,239
um

1885
01:09:10,239 --> 01:09:12,319
the tech portion of that we're not sure

1886
01:09:12,319 --> 01:09:14,159
yet whether the developer portion is

1887
01:09:14,159 --> 01:09:15,679
going to proceed but tech is committed

1888
01:09:15,679 --> 01:09:18,799
to proceeding with their portion

1889
01:09:18,799 --> 01:09:20,480
they're going to advance us the

1890
01:09:20,480 --> 01:09:22,400
estimated cost of doing that project

1891
01:09:22,400 --> 01:09:24,560
plus a contingency

1892
01:09:24,560 --> 01:09:28,480
we're going to put that in the bank and use that money to pay

1893
01:09:28,480 --> 01:09:30,000
the bills for their portion of the work

1894
01:09:30,000 --> 01:09:31,839
as they come along so there'll be no

1895
01:09:31,839 --> 01:09:33,359
impact to the city's cash flow as a

1896
01:09:33,359 --> 01:09:35,839
result of that

1897
01:09:35,839 --> 01:09:38,080
um

1898
01:09:38,080 --> 01:09:39,839
next one down marysville arena building

1899
01:09:39,839 --> 01:09:42,000
condition assessment council did receive

1900
01:09:42,000 --> 01:09:44,719
a presentation about that uh i believe

1901
01:09:44,719 --> 01:09:47,040
it was a last council meeting

1902
01:09:47,040 --> 01:09:49,279
there there were millions of dollars

1903
01:09:49,279 --> 01:09:53,590
worth of recommended um

1904
01:09:53,600 --> 01:09:55,199
repairs work that needed to be done to

1905
01:09:55,199 --> 01:09:56,719
those facilities

1906
01:09:56,719 --> 01:09:58,640
and there was i think it was eighty two

1907
01:09:58,640 --> 01:10:00,560
thousand dollars that was listed as

1908
01:10:00,560 --> 01:10:03,120
immediate so safety

1909
01:10:03,120 --> 01:10:04,880
concerns

1910
01:10:04,880 --> 01:10:07,440
so the manager of parks and facilities

1911
01:10:07,440 --> 01:10:10,560
has requested that those immediate

1912
01:10:10,560 --> 01:10:13,199
expenditures of 37 300 for the

1913
01:10:13,199 --> 01:10:16,400
marysville rink and 447 for the civic

1914
01:10:16,400 --> 01:10:18,560
be included in the 2022 plan so we can

1915
01:10:18,560 --> 01:10:20,239
take care of those

1916
01:10:20,239 --> 01:10:22,320
then there's a staff report forthcoming

1917
01:10:22,320 --> 01:10:24,880
from the manager to uh

1918
01:10:24,880 --> 01:10:26,480
discuss with council that the rest of

1919
01:10:26,480 --> 01:10:28,080
the recommendations that report get

1920
01:10:28,080 --> 01:10:29,920
councils direction going forward on

1921
01:10:29,920 --> 01:10:32,310
those

1922
01:10:32,320 --> 01:10:34,800
the rest of these

1923
01:10:34,800 --> 01:10:36,080
relate to

1924
01:10:36,080 --> 01:10:37,360
the

1925
01:10:37,360 --> 01:10:39,920
financial plan amendment bylaw 2708 and

1926
01:10:39,920 --> 01:10:41,920
the carry forwards

1927
01:10:41,920 --> 01:10:44,239
again they're they're detailed project

1928
01:10:44,239 --> 01:10:46,000
by project and appendix

1929
01:10:46,000 --> 01:10:47,280
um one

1930
01:10:47,280 --> 01:10:49,600
so if council wants to discuss those uh

1931
01:10:49,600 --> 01:10:51,440
please ask the questions i'm not going

1932
01:10:51,440 --> 01:10:52,960
to go forward through them at this point

1933
01:10:52,960 --> 01:10:54,560
in time

1934
01:10:54,560 --> 01:10:56,159
there's a couple of non-capital items

1935
01:10:56,159 --> 01:10:58,640
that were added to the list as well

1936
01:10:58,640 --> 01:11:01,360
marysville arena removal of asbestos

1937
01:11:01,360 --> 01:11:03,679
containing material

1938
01:11:03,679 --> 01:11:05,520
so that's again that's a health and

1939
01:11:05,520 --> 01:11:07,280
safety item

1940
01:11:07,280 --> 01:11:09,199
that we want to get done in that

1941
01:11:09,199 --> 01:11:11,840
facility regardless of

1942
01:11:11,840 --> 01:11:12,640
you know

1943
01:11:12,640 --> 01:11:14,320
what other

1944
01:11:14,320 --> 01:11:16,000
repairs need to be done going forward

1945
01:11:16,000 --> 01:11:17,760
over the longer term

1946
01:11:17,760 --> 01:11:19,280
and then the last one is asset

1947
01:11:19,280 --> 01:11:22,000
retirement obligation implementation

1948
01:11:22,000 --> 01:11:23,760
which coincidentally kind of relates to

1949
01:11:23,760 --> 01:11:25,520
the the item above it

1950
01:11:25,520 --> 01:11:27,280
so in 2022

1951
01:11:27,280 --> 01:11:28,719
the public sector accounting board is

1952
01:11:28,719 --> 01:11:32,550
introducing a new standard whereby

1953
01:11:32,560 --> 01:11:34,880
public bodies municipalities are

1954
01:11:34,880 --> 01:11:37,360
obligated to recognize as a

1955
01:11:37,360 --> 01:11:39,280
liability the cost of

1956
01:11:39,280 --> 01:11:41,760
doing things like asbestos removal

1957
01:11:41,760 --> 01:11:44,960
so if this building for example

1958
01:11:44,960 --> 01:11:47,920
we got an estimate saying that

1959
01:11:47,920 --> 01:11:50,080
when this building comes down now we're

1960
01:11:50,080 --> 01:11:51,760
going to have to spend 50 000 on

1961
01:11:51,760 --> 01:11:54,400
asbestos removal remediation

1962
01:11:54,400 --> 01:11:56,239
we have to recognize that as a as a

1963
01:11:56,239 --> 01:11:57,600
liability

1964
01:11:57,600 --> 01:11:59,360
in 2022.

1965
01:11:59,360 --> 01:12:02,239
the idea behind that i think being that

1966
01:12:02,239 --> 01:12:03,920
they just want to force municipalities

1967
01:12:03,920 --> 01:12:05,600
into planning for that

1968
01:12:05,600 --> 01:12:07,199
so that when you know if and when we

1969
01:12:07,199 --> 01:12:09,199
have to um

1970
01:12:09,199 --> 01:12:10,880
demolish these buildings we're not

1971
01:12:10,880 --> 01:12:14,880
having to scramble for the money to do it the expenditure has already

1972
01:12:14,880 --> 01:12:16,239
been recognized

1973
01:12:16,239 --> 01:12:19,040
so but that's a non-cash item

1974
01:12:19,040 --> 01:12:21,679
that's a non-cash cash item yeah balance

1975
01:12:21,679 --> 01:12:23,679
sheet is uh entry exactly it's going to

1976
01:12:23,679 --> 01:12:26,080
look really strange on the uh

1977
01:12:26,080 --> 01:12:27,840
and the financials when it happens but

1978
01:12:27,840 --> 01:12:29,600
this is the reason for it

1979
01:12:29,600 --> 01:12:32,159
so we we talked to uh an accounting firm

1980
01:12:32,159 --> 01:12:33,679
in december and got a quote of eighteen

1981
01:12:33,679 --> 01:12:35,679
thousand dollars to help with the

1982
01:12:35,679 --> 01:12:39,600
remediation or the implementation and

1983
01:12:39,600 --> 01:12:41,040
we're gonna have to modify our financial

1984
01:12:41,040 --> 01:12:42,560
statements and some of our systems to

1985
01:12:42,560 --> 01:12:44,000
accommodate this

1986
01:12:44,000 --> 01:12:45,679
so i've got a budget of twenty thousand

1987
01:12:45,679 --> 01:12:50,480
dollars in here um and just uh

1988
01:12:50,480 --> 01:12:52,640
in case it uh went up a little bit so

1989
01:12:52,640 --> 01:12:54,239
those are those are both non-capital

1990
01:12:54,239 --> 01:12:56,719
items um all of these are funded from

1991
01:12:56,719 --> 01:12:58,800
reserves so again they don't they don't

1992
01:12:58,800 --> 01:13:00,960
impact

1993
01:13:00,960 --> 01:13:03,120
the tax rates

1994
01:13:03,120 --> 01:13:04,880
councilor roberts uh jim is that in

1995
01:13:04,880 --> 01:13:07,440
addition to the previous uh general one

1996
01:13:07,440 --> 01:13:10,000
uh about the general building condition

1997
01:13:10,000 --> 01:13:12,320
for the arena of thirty seven thousand

1998
01:13:12,320 --> 01:13:14,719
three hundred it is in addition to yeah

1999
01:13:14,719 --> 01:13:16,080
that building condition assessment on

2000
01:13:16,080 --> 01:13:19,360
marysville had that as a 2022

2001
01:13:19,360 --> 01:13:21,120
item but it didn't have it listed under

2002
01:13:21,120 --> 01:13:23,600
the immediate okay so it is in addition

2003
01:13:23,600 --> 01:13:26,239
to that thank you

2004
01:13:26,239 --> 01:13:29,110
good question

2005
01:13:29,120 --> 01:13:32,159
so these next slides i think i've

2006
01:13:32,159 --> 01:13:34,960
provided explanations already so the

2007
01:13:34,960 --> 01:13:36,880
wastewater treatment plant gymnastics

2008
01:13:36,880 --> 01:13:38,320
facility

2009
01:13:38,320 --> 01:13:40,480
so on off park

2010
01:13:40,480 --> 01:13:43,280
that's one app part by the way

2011
01:13:43,280 --> 01:13:46,239
we first heard about that from some some

2012
01:13:46,239 --> 01:13:47,600
really keen citizens that live in the

2013
01:13:47,600 --> 01:13:49,920
swan half subdivision in january 13th of

2014
01:13:49,920 --> 01:13:51,600
2020 and they

2015
01:13:51,600 --> 01:13:53,360
approached staff last year indicating

2016
01:13:53,360 --> 01:13:55,840
that they had fundraised close to 120

2017
01:13:55,840 --> 01:13:57,120
000

2018
01:13:57,120 --> 01:13:59,280
they asked the city to

2019
01:13:59,280 --> 01:14:01,760
make an application to cbt for a hundred

2020
01:14:01,760 --> 01:14:03,440
thousand dollars to

2021
01:14:03,440 --> 01:14:05,440
complete the estimated cost or to

2022
01:14:05,440 --> 01:14:07,199
complete that project at the estimated

2023
01:14:07,199 --> 01:14:11,280
cost of 222 000. so if that grant is

2024
01:14:11,280 --> 01:14:12,800
approved that will be the city's

2025
01:14:12,800 --> 01:14:14,560
contribution to the project

2026
01:14:14,560 --> 01:14:15,920
and the rest will be funded through the

2027
01:14:15,920 --> 01:14:18,080
grant or the fundraising efforts of that

2028
01:14:18,080 --> 01:14:20,560
those folks kelsey goodwin

2029
01:14:20,560 --> 01:14:23,920
the cbt website is showing a 99 000

2030
01:14:23,920 --> 01:14:26,640
grant to kimberly for the swan avenue

2031
01:14:26,640 --> 01:14:29,280
park so goodness we didn't get it all

2032
01:14:29,280 --> 01:14:31,360
but we got

2033
01:14:31,360 --> 01:14:33,520
99 out of 100.

2034
01:14:33,520 --> 01:14:35,760
that's great news

2035
01:14:35,760 --> 01:14:38,719
so if i may on uh using swann avenue

2036
01:14:38,719 --> 01:14:40,640
park as an example

2037
01:14:40,640 --> 01:14:42,800
so we have several of these community

2038
01:14:42,800 --> 01:14:44,719
projects that come through the

2039
01:14:44,719 --> 01:14:47,280
expectation is the city takes over

2040
01:14:47,280 --> 01:14:49,280
maintenance of these facilities how do

2041
01:14:49,280 --> 01:14:51,600
we account for that with respect to

2042
01:14:51,600 --> 01:14:54,719
service levels for parks and facilities

2043
01:14:54,719 --> 01:14:56,560
yeah that's a good point i think when

2044
01:14:56,560 --> 01:14:57,360
that

2045
01:14:57,360 --> 01:14:59,360
the request came forward to

2046
01:14:59,360 --> 01:15:01,040
apply for that cbt grant i think there

2047
01:15:01,040 --> 01:15:02,560
was an indication by the manager of

2048
01:15:02,560 --> 01:15:04,560
parks and facilities in there that

2049
01:15:04,560 --> 01:15:05,840
they were going to accommodate the

2050
01:15:05,840 --> 01:15:07,679
increased maintenance of that facility

2051
01:15:07,679 --> 01:15:09,520
within the existing

2052
01:15:09,520 --> 01:15:10,480
workforce

2053
01:15:10,480 --> 01:15:12,239
which okay you know means stretching

2054
01:15:12,239 --> 01:15:13,520
them further

2055
01:15:13,520 --> 01:15:14,960
something else we should be thinking

2056
01:15:14,960 --> 01:15:16,960
about we should start doing

2057
01:15:16,960 --> 01:15:18,480
easier said than done whenever we're

2058
01:15:18,480 --> 01:15:20,960
adding a new asset like this is

2059
01:15:20,960 --> 01:15:22,320
that the life of this equipment's going

2060
01:15:22,320 --> 01:15:24,400
to be maybe 10 years

2061
01:15:24,400 --> 01:15:27,600
so we should almost be putting 20 25 000

2062
01:15:27,600 --> 01:15:30,159
a year away into a reserve

2063
01:15:30,159 --> 01:15:32,239
to replace that

2064
01:15:32,239 --> 01:15:34,159
when it gets time to replace

2065
01:15:34,159 --> 01:15:36,320
so that's that's kind of the you know

2066
01:15:36,320 --> 01:15:39,920
the overall cost of these new assets

2067
01:15:39,920 --> 01:15:43,270
thank you

2068
01:15:43,280 --> 01:15:45,600
the next one city hall rcmp roofs we've

2069
01:15:45,600 --> 01:15:47,120
discussed that

2070
01:15:47,120 --> 01:15:48,880
boundary street reconstruction we've

2071
01:15:48,880 --> 01:15:50,719
discussed that

2072
01:15:50,719 --> 01:15:52,640
the arena building condition assessment

2073
01:15:52,640 --> 01:15:55,040
recommendations and then the last one

2074
01:15:55,040 --> 01:15:57,280
the asset retirement obligation

2075
01:15:57,280 --> 01:15:58,880
and and you will hear me talking more

2076
01:15:58,880 --> 01:16:01,360
about that over the next year and uh

2077
01:16:01,360 --> 01:16:04,080
i suspect that bdo will

2078
01:16:04,080 --> 01:16:06,560
potentially be mentioning it

2079
01:16:06,560 --> 01:16:07,679
during their presentation of the

2080
01:16:07,679 --> 01:16:09,120
financial statements

2081
01:16:09,120 --> 01:16:11,520
for 2021 and certainly for 2022 they'll

2082
01:16:11,520 --> 01:16:15,590
be they'll be speaking to that as well

2083
01:16:15,600 --> 01:16:17,600
so the last

2084
01:16:17,600 --> 01:16:18,880
bit of direction i'm seeking from

2085
01:16:18,880 --> 01:16:20,800
council is to

2086
01:16:20,800 --> 01:16:22,640
improve the inclusion of of these

2087
01:16:22,640 --> 01:16:24,880
changes in the five-year financial plan

2088
01:16:24,880 --> 01:16:26,640
going forward and to approve the capital

2089
01:16:26,640 --> 01:16:29,199
non-capital projects in appendix one for

2090
01:16:29,199 --> 01:16:43,990
inclusion in the plan

2091
01:16:44,000 --> 01:16:45,600
okay i guess that wasn't the last bit of

2092
01:16:45,600 --> 01:16:47,600
direction um

2093
01:16:47,600 --> 01:16:50,880
sorry a big deal there

2094
01:16:50,880 --> 01:16:55,040
the next slide is proposed next steps so

2095
01:16:55,040 --> 01:16:56,480
based on the direction the council is

2096
01:16:56,480 --> 01:16:58,560
provided here there is one more piece of

2097
01:16:58,560 --> 01:17:00,000
direction here but

2098
01:17:00,000 --> 01:17:01,760
i'm proposing that at the april 25th

2099
01:17:01,760 --> 01:17:04,239
regular meeting um

2100
01:17:04,239 --> 01:17:06,320
the five-year financial plan bylaw tax

2101
01:17:06,320 --> 01:17:07,840
rates bylaw and aquatic center parcel

2102
01:17:07,840 --> 01:17:09,280
tax bylaw be brought forward for

2103
01:17:09,280 --> 01:17:11,600
consideration the first three readings

2104
01:17:11,600 --> 01:17:13,360
brought back for adoption on may 9th and

2105
01:17:13,360 --> 01:17:15,360
then processing of

2106
01:17:15,360 --> 01:17:17,120
mailing of the tax notices

2107
01:17:17,120 --> 01:17:19,440
over the next couple of weeks

2108
01:17:19,440 --> 01:17:22,080
so that the next and last direction i'm

2109
01:17:22,080 --> 01:17:23,920
seeking from council is

2110
01:17:23,920 --> 01:17:26,080
to send staff away to

2111
01:17:26,080 --> 01:17:28,159
draft fire financial plan violent tax

2112
01:17:28,159 --> 01:17:41,430
rates by law

2113
01:17:41,440 --> 01:17:48,390
thank you council

2114
01:17:48,400 --> 01:17:49,840
appreciate your

2115
01:17:49,840 --> 01:17:56,390
again your patience

2116
01:17:56,400 --> 01:17:57,600
i think it's important for us to

2117
01:17:57,600 --> 01:18:03,830
remember

2118
01:18:03,840 --> 01:18:24,229
roughly

2119
01:18:24,239 --> 01:18:47,110
and when you consider the size of budgie

2120
01:18:47,120 --> 01:18:49,920
i have have actually done a uh

2121
01:18:49,920 --> 01:18:52,840
a very uh thoughtful

2122
01:18:52,840 --> 01:18:55,040
and um i'm searching for the right word

2123
01:18:55,040 --> 01:18:57,679
here it it's uh

2124
01:18:57,679 --> 01:19:02,480
yeah it's it's a it's a respectful budget uh

2125
01:19:02,480 --> 01:19:03,920
under the circumstances the very

2126
01:19:03,920 --> 01:19:05,360
difficult circumstances that we're

2127
01:19:05,360 --> 01:19:07,520
operating in these days and we're doing

2128
01:19:07,520 --> 01:19:09,760
this without sacrificing any city

2129
01:19:09,760 --> 01:19:12,000
services and in fact as we move into

2130
01:19:12,000 --> 01:19:13,760
next year we're looking at the

2131
01:19:13,760 --> 01:19:17,520
possibility of increasing service so

2132
01:19:17,520 --> 01:19:21,270
um

2133
01:19:21,280 --> 01:19:23,600
sorry about that

2134
01:19:23,600 --> 01:19:29,520
so uh uh you know thanks so much jim and staff uh scott and staff for uh you

2135
01:19:29,520 --> 01:19:31,520
know all the great work on on you know

2136
01:19:31,520 --> 01:19:32,880
getting us to where we need to be for

2137
01:19:32,880 --> 01:19:35,520
2022. councilor mcbain

2138
01:19:35,520 --> 01:19:37,600
yeah i think i think the word i would

2139
01:19:37,600 --> 01:19:39,920
use to describe um and i think i've used

2140
01:19:39,920 --> 01:19:41,760
it before jim for your presentations is

2141
01:19:41,760 --> 01:19:43,120
digestible

2142
01:19:43,120 --> 01:19:46,159
um it's it it's it becomes makes our job

2143
01:19:46,159 --> 01:19:48,320
a lot easier um the explanations that

2144
01:19:48,320 --> 01:19:51,440
you provide um i know it helps it helps

2145
01:19:51,440 --> 01:19:52,800
me a lot and

2146
01:19:52,800 --> 01:19:55,360
i really really appreciate it and i hope

2147
01:19:55,360 --> 01:19:57,920
you know when folks listen in um they

2148
01:19:57,920 --> 01:20:00,880
get the uh they get the same sense of

2149
01:20:00,880 --> 01:20:02,080
what we

2150
01:20:02,080 --> 01:20:04,719
come to appreciate from you so yeah it's

2151
01:20:04,719 --> 01:20:06,880
great yeah thanks i really appreciate

2152
01:20:06,880 --> 01:20:08,159
the comments it lets me know that i'm

2153
01:20:08,159 --> 01:20:09,360
kind of on the right track with this

2154
01:20:09,360 --> 01:20:10,560
stuff it is

2155
01:20:10,560 --> 01:20:12,239
my whole goal putting this together is

2156
01:20:12,239 --> 01:20:14,320
really to to make it understandable and

2157
01:20:14,320 --> 01:20:16,480
digestible so that's if i've done that

2158
01:20:16,480 --> 01:20:22,470
that's that's great to hear thanks

2159
01:20:22,480 --> 01:20:27,199
scott do you

2160
01:20:27,199 --> 01:20:32,870
wish to weigh in with any comments

2161
01:20:32,880 --> 01:20:35,280
i'll just keep it short um jim thanks

2162
01:20:35,280 --> 01:20:38,239
again great job

2163
01:20:38,239 --> 01:20:40,400
um thanks you know

2164
01:20:40,400 --> 01:20:43,840
crisis management is one thing but uh

2165
01:20:43,840 --> 01:20:46,480
we seem to be stacking crises lately

2166
01:20:46,480 --> 01:20:49,679
um so you know whether it's inflation or

2167
01:20:49,679 --> 01:20:51,679
uh oil prices and gas prices going

2168
01:20:51,679 --> 01:20:52,880
through the roof

2169
01:20:52,880 --> 01:20:56,000
uh more in europe or pandemic

2170
01:20:56,000 --> 01:20:57,840
jim's kept a steady hand on the wheel

2171
01:20:57,840 --> 01:21:00,560
and has guided us through so uh tough

2172
01:21:00,560 --> 01:21:03,199
budget um i really appreciate jim and

2173
01:21:03,199 --> 01:21:05,040
the rest of staff's hard work

2174
01:21:05,040 --> 01:21:07,520
and uh thank you to council for um

2175
01:21:07,520 --> 01:21:10,400
having trust in us all

2176
01:21:10,400 --> 01:21:12,000
thank you scott

2177
01:21:12,000 --> 01:21:15,840
anything further council

2178
01:21:15,840 --> 01:21:19,840
all right uh we have um

2179
01:21:19,840 --> 01:21:22,000
some correspondence that we need to uh

2180
01:21:22,000 --> 01:21:24,960
receive this evening

2181
01:21:24,960 --> 01:21:26,960
uh two letters as a matter of fact could

2182
01:21:26,960 --> 01:21:29,040
i have a motion to receive

2183
01:21:29,040 --> 01:21:30,719
counselor goodwin thank you and

2184
01:21:30,719 --> 01:21:32,719
counselor kiddo seconds

2185
01:21:32,719 --> 01:21:33,840
any uh

2186
01:21:33,840 --> 01:21:39,510
any comments

2187
01:21:39,520 --> 01:21:41,840
terry nunn call the question on receipt

2188
01:21:41,840 --> 01:21:43,840
all those in favor

2189
01:21:43,840 --> 01:21:46,320
the motion is passed

2190
01:21:46,320 --> 01:21:48,320
and i think unless council has any

2191
01:21:48,320 --> 01:21:51,280
further comments or jim last call

2192
01:21:51,280 --> 01:21:52,159
um

2193
01:21:52,159 --> 01:21:54,000
no just again thanks to thanks to

2194
01:21:54,000 --> 01:21:55,199
council

2195
01:21:55,199 --> 01:21:57,920
thanks to staff as well there's a lot of

2196
01:21:57,920 --> 01:22:00,800
time and effort to put into um coming up

2197
01:22:00,800 --> 01:22:03,120
with this stuff from from all of the

2198
01:22:03,120 --> 01:22:04,480
managers so

2199
01:22:04,480 --> 01:22:07,520
yeah no doubt yeah so thank them

2200
01:22:07,520 --> 01:22:11,669
you don't make this stuff up

2201
01:22:11,679 --> 01:22:14,400
okay awesome uh move adjournment

2202
01:22:14,400 --> 01:22:16,400
counselor dallas moves counselor goodwin

2203
01:22:16,400 --> 01:22:19,520
seconds all those in favor

2204
01:22:19,520 --> 01:22:21,600
motion is carried thanks folks we're

2205
01:22:21,600 --> 01:22:28,390
done

2206
01:22:28,400 --> 01:22:31,760
i'm glad you remember that