Str Strategic gic Capit Capital Pl Planning anning Policy & Strategic Priorities Committee May 16, 2018
Ex Executiv ecutive Summa mmary • In Infr fras astru tructu ture (e.g. water, sewer) & am amenities enities (e.g. community facilities, affordable housing, childcare) ensure the livability, sustainability & resilience of a city, and is hi highly ghly va valued by by the the publ public ic • As a sizeable portion of our water & sewer pipes and facilities were built during pre/post ‐ war period and are nearing end of life, we need a pr proacti oactive, e, tho thoughtfu tful asse asset re renewa wal st strate tegy • Cities manage 60% of infrastructure and receive only 8 ‐ 10 cents for each tax dollar – a st strate tegic & pr predict edictable ble mul multi ‐ le level gov governmen rnment part partner nershi hip & fundi funding commi commitmen ent is needed • The upcoming Capital Plan lays out a roadmap to ra ramp up up asse asset re renewa wal in in a finan financially ially re responsible way way
Str Strategic gic Capit Capital Planning Planning Mar Jun Jul Dec Longer 4-yr 4-yr 1-yr Term Draft Final Capital Capital Capital Capital Budget Planning Plan Plan Public Public Engagement Plebiscite Engagement Phase I Phase II Oct Apr Jun
Ag Agenda enda • Str Strategic gic Capi Capital Pl Planni anning ng • Emer Emerging ging Trends, ends, Challe allenges & Opportuni Opportuniti ties es • Re Renewa wal of of Agi Aging In Infr fras astru tructu ture & Amenitie ities • New/Upgr New/Upgraded aded In Infr fras astructur tructure & Amenitie ities to to Support Support Gr Growth th • A Sus Sustai ainabl nable & Resilie silient Fi Financial nancial Str Strategy • Phase Phase I Public lic Eng Engagement Re Results • Sum Summary ary & Ne Next St Step eps
Str Strategi gic Capit Capital Pl Planni anning ng
Str Strategic gic Capit Capital Planning Planning • A st strate tegic appr approach oach - long ‐ term strategies guide a 10 ‐ year outlook & 4 ‐ year plan - financially achievable • “Big “Big mov moves” es” - one city, one direction - city ‐ wide perspective - customer ‐ centric: how can we support business & residents? - game changers: pursue impactful transformation
Signific Significan ant Pr Progre ress Ov Over er Las Last 10 10 Yr Yrs Long Long ‐ te term Str Strategies gies Gui Guiding Capit Capital Pl Planni anning ng
Signific Significan ant Pr Progre ress Ov Over er Las Last 10 10 Yr Yrs In Integratin ing Commu mmuni nity & Capit Capital Plann Planning ng • Capital planning incorporates dev developm elopmen ent co cont ntribution ons • Public benefit strategies incorporate new new & re renewa wal of infrastructure & amenities
Signific Significan ant Pr Progre ress Ov Over er Las Last 10 10 Yr Yrs Short Short ‐ te term Plan Plan Nes Nested ed in in Long Long ‐ te term Str Strategies gies LONG‐TERM (ASPIRATION) SHORT‐TERM (REALITY) ALIGNMENT & PRIORITIZATION LONG ‐ TE LO TERM RM 10 10 YE YEAR ARS 4 YE YEAR ARS 1 YE YEAR AR CORPOR CO ORATE CAPIT CAPITAL STRA STRATE TEGIC GIC CAPIT CAPITAL PLAN PLAN CAPIT CAPITAL BUD BUDGET ET STRATE STRA TEGIES OUTLOOK OU OOK Shorter‐term Project Long‐term Anticipated priorities approval policy goals strategic outcomes Program priorities Detailed info & specific projects about projects Funding envelope Fixed funding Every year Every 4 years Every 4 years
Pre Preparing fo for 2019 2019 ‐ 2022 2022 Capit Capital Pl Plan an Em Emer erging ging Trends, ends, Chal Challeng lenges es & Opportunities Opportunities
Looking Looking Ahead: Ahead: Signific Significan ant Gr Growt owth Ov Over er Ne Next 10 10 Yr Yrs 60,000 ‐ 70, 60,000 70,000 00 more residents & ~40,000 40,000 more employees Em Employmen ent gr growth th 4,000+ 4,000+ 2,000 2,000 ‐ 4,000 4,000
Looking Looking Ahead: Ahead: Em Emer erging ging Trends ends Pe People Tr Transportation Gr Growing Gr Growing ing & aging ing & aging aging popul aging popul population population Mor More sustai Mor More sustai ainabl ainabl nable modes nable modes modes of modes of of tr of tr travel travel Envir En vironm nmen ent Housi Housing Mor More ex Mor More ex extreme we extreme we weat weat ather even ather even events events Housing affordability Housi Housing affordability Housi ability continues ability continues nues nues to to be to to be be a challeng be a challeng challenge challenge & sea & sea sea le sea le level rise level rise rise im rise im impacts impacts
Ke Key Challeng Challenges es Agi Aging in infr frastr tructure requires more maintenance & renewal over the next decade Fiscal Fisc al Lim Limit itatio tion New/upgraded infrastructure Municipalities manage & amenities needed to support a gr growing city city 60% 60% of of infr fras astructur tructure in Canada, and get only 8 ‐ 10 10 cen cents ts of of each each Emer Emerging ging pri priori orities ties – seismic, tax tax dol dollar ar climate change, resilience – require proactive action
Significan Signific ant Opportunities Opportunities Housi Housing ng Rapi Rapid Tr Transit Devel Developmen pment Partner rtnership hip Prov Pr ovincial Ta Taxes Significant Significant Record Extraordinary Investment of alignment planned development opportunity to new with National expansions to revenues to leverage provincial Housing rapid transit deliver new federal & taxes in Strategy & system infrastructure provincial Vancouver Provincial & amenities partnership & (housing, 30‐point Plan to support funding on childcare, for Housing growth infrastructure rapid transit) Affordability renewal
Pre Preparing fo for 2019 2019 ‐ 2022 2022 Capit Capital Pl Plan an Agi Aging In Infr fras astructur tructure & Ameni Amenities ies
Curr Curren ent St State: e: A Gr Growi owing Asse Asset Base Base Parks & Arts & Open Spaces Culture Community Childcare Facilities Housing Public Safety City City asse assets: ts: ~$25 ~$25 B (20% increase from 2014) Technology Civic & Fleet Facilities Neighborhood Transportation Energy Water & Solid Waste Sewers
Aging Aging In Infr frastructur tructure & Am Amenitie ities: s: A Na Natural al Lif Life Cy Cycle cle • Vancouver is a ‘middl ddle ag aged’ ed’ city city: - younger than Montreal & Toronto - older than Surrey, Burnaby & Richmond • Many of our wa water/sewe wer pi pipes pes & co commu mmunity fa facilities were built in pre/post ‐ WWII period and are neari nearing end end of of lif life • Infrastructure co cont ntributions fr from senior senior gov governmen rnments dropped significantly in 1990s & 2000s • Lots of new new infr fras astructur tructure & am amenities enities added added over over the the las last 30 30 ye years to support a growing city
Aging In Aging Infr frastructur tructure & Am Amenitie ities: s: A Na Natural al Lif Life Cy Cycle cle 1886 1911 1936 1961 1986 2011 2036 Population 120,000 260,000 385,000 430,000 605,000 ~730,000 Water & sewer pipes Fire halls & police stations Parks: Stanley, Hastings, Queen E, Jericho, Vanier, Seawall Major roads Recreation centres Libraries Museums/theatres Social housing Childcare Active Transportation Public space
Aging Aging In Infr frastructur tructure & Am Amenitie ities: s: A Na Natural al Lif Life Cy Cycle cle Above-ground Infrastructure (50-70 yr lifecycle) Underground Infrastructure (80-100 yr lifecycle)
Aging Aging Re Recreation Facilitie cilities: s: A Na Natural al Lif Life Cy Cycle cle (Communi ommunity ty Cen Centres, es, Ri Rink nks, s, Pool ools etc etc.) Avg Avg 51 51 yr yrs ol old 25 25 6 19 19 facilitie cilities facilities fa fa facilities renewe re wed to re to renew bui built lt 1940 1940 1960 1960 1980 1980 2000 2000 2020 2020 2040 2040 By Byng Ke Kerrisdale Ri Rink nk Killa illarney Ma Marpol ole ‐ Oakr Oakridge ge Killa illarney We West Pt. Pt. Gr Grey Tr Trout Lak Lake Marpol Ma ole ‐ Oakr Oakridge dge Britan Brit annia nia Re Renfre rew Pool ool Agr Agrodom dome Aqua Aquatic tic Cen Centre Sun Sunse set CC CC Ra Ray ‐ Cam Cam Te Templeton Renfre Re rew Kitsil Ki tsilan ano Sun Sunse set CC CC We West End End Ra Ray ‐ Cam Cam Douglas Douglas Ke Kerrisdale CC CC Mt.Pleas Mt easan ant Brit Britan annia nia Rile iley Pa Park Hastings Has gs Hillc illcrest We West End End Mt Mt. Pl Pleasan easant Dunbar Dunbar Str Strathcona Sun Sunse set Ri Rink nk Tr Trout Lak Lake Thunderbi underbird Ke Kensingt gton
Rene newing wing Aging Aging Re Recreation Facilitie cilities Riley Park Centre & Percy Norman Pool (built in 1960s) Hillcrest Centre (2011)
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