Planning, Property and Development a Standing Policy Committee on - PowerPoint PPT Presentation

2020 To 2023 Pr 2020 T 2023 Preliminary Operating and Ca Capital Budgets Planning, Property and Development a Standing Policy Committee on Property and Development, Heritage and Downtown Development March 11, 2020 1

Agenda 1. Strategic Objectives, Priorities and Performance Measurement 2. Preliminary Operating and Capital Budgets – Summary 3. Operating Budget – Operating Budget (Departmental or Service Based Basis) – Year over Year Variance Explanations – Operating Budget Options and Reductions – Salaries and benefits, FTEs, and vacancy management – Other Important Operating Budget Information 4. Capital Budget – Capital Investment Plan - Authorization – Capital Budget Options and Reductions – Capital Forecast to Submission Reconciliation – Other Important Capital Budget Information (not applicable) 5. Operating and Capital Budget Referrals (not applicable) 6. Questions 2

Strategic Objectives, Priorities and Performance Measurement Strategic Objectives and Key Priorities As presented to Standing Policy Committee on Property and Development, Heritage and Downtown Development, November 15, 2019 Source: OurWinnipeg • Proper land use planning and development to ensure land use, transportation and infrastructure planning efforts are aligned to identify where growth will be accommodated and how it will be serviced. • Orderly, sustainable development by promoting compact urban form and economical and environmentally-sound servicing. • Efficient and focused civic administration through innovation and streamlining service delivery. • Prudent management of real property assets . • Develop and maintain an urban structure planning tool and use the urban structure framework as the basis for integrated transportation and infrastructure planning. • Promote the extension of municipal services such as piped water, piped waste water, piped drainage and urban standard roadway, only in an environmentally- sound, economically and timely manner. • Improve permitting and other regulatory processes to ensure projects meet national and local building codes, while recognizing advances in construction and development-related technologies. • Continue to implement life-cycle costing for capital projects and consider all relevant financing and delivery options. 3

Performance Measurement As presented to Standing Policy Committee on Property and Development, Heritage and Downtown Development, November 15, 2019 4

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Strategic Objectives, Priorities and Performance Measurement Key projects 1. OurWinnipeg Update 2. Launch of Digital Permit Processing capital project 3. Continued refurbishment of the Field of Honour at Brookside Cemetery 4. Infill Strategy development 5. The Forks/Railside Development 12

2020 Preliminary Operating and Capital Budgets 1.Operating Budget – Annual year over year budget growth rates (%) based on 2019 expenditures 4-Year Average EPC Target to balance the budget 0% Operating Options Presented to Committee in Fall 2019 * 0% Preliminary Budget 0% 2. Cash to Capital Funding Levels 2020 2021 2022 2023 2024 2025 Presented to Committee 0.706 0.473 0.326 0.228 0.337 0.302 in Fall 2019 * Preliminary Budget 1.906 0.473 0.326 0.228 0.337 0.302 * Restated to exclude Economic Development and Waterways 13

2020 Preliminary Operating and Capital Budgets Reserve Balance Summary* 2019 2020 2021 2022 2023 Financial Projections ($000's) Forecast Budget Proj Proj Proj Heritage Investment Reserve (190) 35 1 15 28 Housing Rehabilitation Investment Reserve 1,556 1,372 1,236 1,099 961 Contribution in-Lieu of Land Dedication Reserve Fund 8,094 8,242 8,390 8,540 8,692 Land Operating Reserve 29,005 29,075 30,549 34,750 39,210 Multi-Family Dwelling Tax Investment Reserve 391 674 1,292 1,836 2,585 Perpetual Maintenance Reserves 19,814 20,279 20,775 21,283 21,803 Permit Reserve 2,000 800 - - - *E xcludes Economic Development Investment Reserve 14

Operating Budget (Departmental)* 2020 Preliminary Operating Budget 2018 2019 Budget 2020 Year over Year % Exp. 2021 2022 2023 4 year and 2021 to 2023 Budget Projections Actual Preliminary Increase / No. Projection Projection Projection Average % in millions of $ Budget (Decrease) Change REGULATION FEES 26.223 28.031 28.800 0.769 29.474 29.917 30.465 SALE OF GOODS & SERV 3.782 4.824 4.937 0.113 5.036 5.137 5.240 TRANSFERS 15.913 12.056 15.435 3.379 11.205 11.383 11.619 OTHER REVENUE 0.021 0.160 0.153 -0.007 0.156 0.159 0.162 TOTAL REVENUE 45.940 45.071 49.326 4.254 9% 1 45.871 46.596 47.486 2% SALARIES & BENEFITS 26.026 27.001 27.493 0.492 28.133 27.891 27.902 SERVICES 3.277 3.978 3.928 -0.049 3.907 3.896 3.904 MATS PARTS & SUPPL 0.296 0.215 0.243 0.028 0.246 0.247 0.247 ASSETS & PURCHASES 0.112 0.118 0.118 0.000 0.118 0.118 0.114 GRANTS TRSF & OTH 12.290 11.664 11.823 0.160 11.418 11.418 11.444 RECOVERIES -1.898 -2.516 -2.448 0.069 -2.543 -2.473 -2.498 TOTAL OPERATIONAL EXPENDITURES 40.104 40.459 41.158 0.698 2% 41.279 41.096 41.112 0% DEBT & FIN CHARGES 0.705 1.374 1.297 -0.077 1.328 1.327 1.322 TRANSFER TO CAPITAL 0.000 0.915 1.906 0.991 0.473 0.326 0.228 TOTAL EXPENDITURES 40.809 42.749 44.361 1.612 4% 2 43.079 42.750 42.662 1% Mill Rate Contribution / (Support) -5.131 -2.323 -4.965 -2.642 -2.792 -3.846 -4.824 Total Operational Expenditures (before capital related expenditures) Year over Year % change 2% 0% 0% 0% Total Expenditures year over Year % Change 4% -3% -1% 0% * Restated to exclude Economic Development and Waterways 15

Year over Year Variance Explanations* (in millions) 2020 2021 Budget 2022 Budget 2023 Budget Year over year increase / (decrease) Preliminary Projection Projection Projection Budget 1) Revenue change due to the following: Increase/(decrease) in transfer from Land Operating Reserve to offset mill rate 4.000 (3.000) - - support Increase/(decrease) in transfer from Municipal Accommodations for the Provision 0.934 (1.238) 0.170 0.228 Increase in regulation fees - building, electrical, mechanical due to inflation 0.743 0.652 0.421 0.526 Increase in Transfer from Housing Reserve to fund MHRC grant 0.162 - - - Decrease in transfer from Multi-Family Dwelling Tax Investment Reserve to offset (1.500) - - - mill rate support Decrease in transfer from Permit Reserve to offset permit process improvement (0.203) - - - costs Miscellaneous adjustments 0.118 0.130 0.135 0.136 Net Revenue Change $ 4.254 $ (3.455) $ 0.725 $ 0.890 2) Expenditure change due to the following: Increase/(decrease) in transfer to Capital due to revised funding sources 0.991 (1.433) (0.147) (0.098) Increase/(decrease) in salaries and benefits due to collective agreements net of 0.492 0.640 (0.241) 0.010 FTE reductions Increase/(decrease) in transfer to Municipal Accommodations due to a 0.245 (0.452) (0.028) 0.008 decrease/increase in space utilization and leased premises costs Miscellaneous adjustments (0.116) (0.036) 0.087 (0.007) Net Expenditure Change $ 1.612 $ (1.282) $ (0.329) $ (0.088) * Restated to exclude Economic Development and Waterways 16