Title
Draft 2016-2020 Financial Plan
Report 16-12
File FIN 1700-40
Recommended Action
That Council approve the 2016 Water Utility User Pay levy increase of 2.4%;
That Council approve the 2016 Sanitary Sewer Utility User Pay levy increase of 2.4%;
That Council approve the 2016 Solid Waste Utility User Pay levy decrease of (4.8%);
That Council approve the 2016 Universal Services base budget increase of 1.95%;
That Council consider the following options:
• Option 1: Additional Universal Services increase of 1.00% ($1,075,000) (Appendix A) Base increase 1.95% + Additional increase 1.00% = Total increase 2.95%
• Option 2: Additional Universal Services increase of 1.98% ($2,142,000) (Appendix B) Base increase 1.95% + Additional increase 1.98% = Total increase 3.93%
That Council authorize staff to bring forward the 2016-2020 Financial Plan Bylaw and accompanying rate bylaws based on the above resolutions and/or amendments.