Budget and Audit Committee

Utility Operating Budget Overall Motion THAT the 2024 water utility operating budget be approved in the amount of $80,412,100; AND THAT the preliminary water utility operating budget forecasts be approved, with a projected combined water and wastewater rate increase, for the average household consuming 170 cubic meters annually, of 4.78% in 2025, 4.64% in 2026 and 4.64% in 2027, to be revisited annually.

Budget - Fire Apparatus THAT Council approve the advancement of capital project A/01279-10 Fire Fleet Apparatus from 2025 to 2024 in the amount of $1,780,800 to be funded from the Equipment Reserve Fund.

Budget - Conflict Item (Councillor Hamilton) This items pulled to be voted on separately as it pertains to Councillor Hamilton's Declaration of Pecuniary Interest. THAT capital project A/01081-40 Glendale Place and Ash Street Reconstruction capital expenditures and revenue sources in the amount of $1,723,000 be approved

Budget - Conflict Item (Councillor Shwery) This items pulled to be voted on separately as it pertains to Councillor Shwery's Declaration of Pecuniary Interest. THAT capital project A/00492-40 Blackbridge Road and Bridge Reconstruction capital expenditures and revenue sources in the amount of $20,600,000 be approved

Budget - Deferral (Library) THAT Capital Project A/01536-40 Library Window replacement in the amount of $350,000 funded from the Canada Building Fund be

Budget - Amendment (Toronto Blue Jays Field of Dreams Grant) THAT staff be directed to apply to the 2025 Toronto Blue Jays - Field of Dreams Grant for Project A/00557-40 Accessible Ball Diamond currently reflected as an unfunded Capital Project; AND THAT staff be directed to report back to Council on the outcome.

Budget - Deferral (Library) THAT the Library be directed to provide additional information concerning the RFID and computer replacement capital project when Library staff report back at the end of March 2024; AND THAT the Library not proceed with initiation of any spending from funding provided through the Capital Budget until a report has been approved by Council in March 2024.

Budget - Conflict Item (Councillor Hamilton) This items pulled to be voted on separately as it pertains to Councillor Hamilton's Declaration of Pecuniary Interest. THAT external funding to various community organizations in the amount of $2,486,400 be approved as shown on page 257 of Appendix C in the 2024 Budget and Business Plan.

Budget - Amendment (Reduction for Services and Growth) THAT the City Manager be directed to amend the 2024 draft budget reducing the 4.25% for maintaining services to 3.9% which was the inflation in 2023; AND THAT the City Manager be directed to remove the 1.51% tax for growth as growth should pay for growth.

Budget - Amendment (Infrastructure Levy) That Council direct the Chief Financial Officer to establish an Infrastructure Renewal Reserve Fund; And that Council direct the Chief Financial Officer to increase the dedicated annual capital levy reserve contribution from 4 percent to 6.6 per cent each year starting in 2024; And that Council direct the Chief Financial Officer to dedicate a minimum of 80 per cent of the capital levy reserve contribution to the Infrastructure Renewal Reserve Fund for allocation to maintaining existing infrastructure in a state of good repair, effective 2024; And that Council direct the Chief Financial Officer to implement an additional 1 per cent tax levy each year commencing in 2024 to the Infrastructure Renewal Reserve Fund until a fully sustainable infrastructure plan is achieved. And further that Council directs the Director of Engineering, the Chief Financial Officer and Project Management Office to review current infrastructure renewal project staffing levels and their funding sources to ensure the condition of City assets remain in a state of good repair.

Budget - Amendment (Mobile Security Guards) THAT Option A of the Mobile Security Guards Budget Issues Paper, being the addition of 5 new permanent FTE with a net cost of $197,000, be approved as part of the 2024 Operating Budget; AND THAT a capital project for the purchase of a vehicle for the Mobile Security Guards be created in the amount of $50,000, to be funded from the Capital Works Reserve Fund.

Budget - Amendment (Cambridge Memorial Hospital) THAT Council approve funding in the amount of $100,000 to the Cambridge Memorial Hospital Foundation as part of their MRI fundraising campaign to be added to the 2024 Operating Budget; AND THAT funding be drawn from the Rate Stabilization Reserve.

Operating Budget Motion (Inclusive of Amendments) THAT the remaining 2024 tax-supported operating budget net the earlier approved external funding expenditure of $2,486,400 be approved with a tax levy of $116,238,944, inclusive of the Cambridge Public Library Board’s tax levy of $8,601,200 and including assessment growth of 2.19%. AND THAT the non-union salary and wage increases align with the increases for the CUPE1882 (Inside Workers) employee group as per its collective bargaining agreement; AND THAT the Preston Town Centre BIA, the Hespeler Village BIA, and the Downtown Cambridge BIA levies in the amount of $77,400, $20,449 and $212,512 respectively be approved; AND THAT the transfers to and from Reserves and Reserve Funds as identified in the 2024 Draft Budget and Business Plan (or as amended by Council) be approved; AND THAT the preliminary tax-supported operating budget forecasts be approved with a projected tax rate increase of 8.81% in 2025, 6.33% in 2026, and 6.86% in 2027, to be revisited annually; AND THAT the Debt By-law as per 24-006-CRS Appendix C be passed; AND FURTHER THAT the Municipal User Fees and Charges By-law 23-123 Schedule A be repealed and replaced as amended as per 24-006-CRS Appendix D.

Capital Budget Motion (Inclusive of Amendments) THAT the remaining 2024 capital expenditures and revenue sources in the amount of $145,567,000 be approved; AND THAT, in accordance with s.s. 5(1) of the Development Charges Act, 1997 and S. 5 of Ontario Regulation 82/98, it is the clear intention that any excess capacity provided by any of the above referenced works will be paid for by future development charges; AND THAT any donations, grants or subsidies applied in the 2024 capital program to projects with development charges funding are to offset the non-growth-related costs of those projects; AND FURTHER THAT the forecasted capital expenditures and revenue sources for 2025 through 2033 be approved in principle in the total amount of $556,591,800, to be revisited annually.

Report 24-004-CRS Excluded 2024 Budget Expenses be received; AND THAT the compliance report for expenses excluded from the 2024 Budget outlined in report 24-004-CRS as a requirement of Ontario Regulation 284/09 passed under the Municipal Act, 2001 be adopted.

Favour (8) Mayor Liggett, Councillor Hamilton, Councillor Ermeta, Councillor Cooper, Councillor Kimpson, Councillor Earnshaw, Councillor Roberts, and Councillor Shwery Absent (1) Councillor Devine

the Budget & Audit Committee Meeting does now adjourn at 12:04 p.m.

Water Utility Operating Budget Overall Motion THAT the 2024 water utility operating budget be approved in the amount of $80,412,100; AND THAT the preliminary water utility operating budget forecasts be approved, with a projected combined water and wastewater rate increase, for the average household consuming 170 cubic meters annually, of 4.78% in 2025, 4.64% in 2026 and 4.64% in 2027, to be revisited annually. In Favour (7): Councillor Kimpson, Councillor Earnshaw, Councillor Roberts, Councillor Cooper, Councillor Hamilton, Councillor Ermeta, and Mayor Liggett Opposed (1): Councillor Shwery Absent (1): Councillor Devine

Capital Budget - Fire Apparatus THAT Council approve the advancement of capital project A/01279-10 Fire Fleet Apparatus from 2025 to 2024 in the amount of $1,780,800 to be funded from the Equipment Reserve Fund. In Favour (8): Councillor Shwery, Councillor Kimpson, Councillor Earnshaw, Councillor Roberts, Councillor Cooper, Councillor Hamilton, Councillor Ermeta, and Mayor Liggett Absent (1): Councillor Devine

Capital Budget - Conflict Item (Councillor Hamilton) This item was pulled to be voted on separately as it pertains to Councillor Hamilton's Declaration of Pecuniary Interest. THAT capital project A/01081-40 Glendale Place and Ash Street Reconstruction capital expenditures and revenue sources in the amount of $1,723,000 be approved In Favour (7): Councillor Shwery, Councillor Kimpson, Councillor Earnshaw, Councillor Roberts, Councillor Cooper, Councillor Ermeta, and Mayor Liggett Conflict (1): Councillor Hamilton Absent (1): Councillor Devine

Capital Budget - Conflict Item (Councillor Shwery) This item was pulled to be voted on separately as it pertains to Councillor Shwery's Declaration of Pecuniary Interest. THAT capital project A/00492-40 Blackbridge Road and Bridge Reconstruction capital expenditures and revenue sources in the amount of $20,600,000 be approved; In Favour (7): Councillor Kimpson, Councillor Earnshaw, Councillor Roberts, Councillor Cooper, Councillor Hamilton, Councillor Ermeta, and Mayor Liggett Conflict (1): Councillor Shwery Absent (1): Councillor Devine

Capital Budget - Deferral (Library) THAT Capital Project A/01536-40 Library Window replacement in the amount of $350,000 funded from the Canada Building Fund be

Capital Budget - Amendment (Toronto Blue Jays Field of Dreams Grant) THAT staff be directed to apply to the 2025 Toronto Blue Jays - Field of Dreams Grant for Project A/00557-40 Accessible Ball Diamond currently reflected as an unfunded Capital Project; AND THAT staff be directed to report back to Council on the outcome. In Favour (8): Councillor Shwery, Councillor Kimpson, Councillor Earnshaw, Councillor Roberts, Councillor Cooper, Councillor Hamilton, Councillor Ermeta, and Mayor Liggett Absent (1): Councillor Devine

Capital Budget - Deferral (Library) THAT the Library be directed to provide additional information concerning the RFID and computer replacement capital project when Library staff report back at the end of March 2024; AND THAT the Library not proceed with initiation of any spending from funding provided through the Capital Budget until a report has been approved by Council in March 2024. In Favour (4): Councillor Shwery, Councillor Cooper, Councillor Ermeta, and Mayor Liggett, Opposed (4): Councillor Kimpson, Councillor Earnshaw, Councillor Roberts, and Councillor Hamilton Absent (1): Councillor Devine

Operating Budget - Conflict Item (Councillor Hamilton) This item was pulled to be voted on separately as it pertains to Councillor Hamilton's Declaration of Pecuniary Interest. THAT external funding to various community organizations in the amount of $2,486,400 be approved as shown on page 257 of Appendix C in the 2024 Budget and Business Plan. In Favour (7): Councillor Shwery, Councillor Kimpson, Councillor Earnshaw, Councillor Roberts, Councillor Cooper, Councillor Ermeta, and Mayor Liggett Conflict (1): Councillor Hamilton Absent (1): Councillor Devine

Operating Budget - Amendment (Reduction for Services and Growth) THAT the City Manager be directed to amend the 2024 draft budget reducing the 4.25% for maintaining services to 3.9% which was the inflation in 2023; AND THAT the City Manager be directed to remove the 1.51% tax for growth as growth should pay for growth. In Favour (1): Councillor Shwery Opposed (7): Councillor Kimpson, Councillor Earnshaw, Councillor Roberts, Councillor Cooper, Councillor Hamilton, Councillor Ermeta, and Mayor Liggett Absent (1): Councillor Devine

Operating Budget - Amendment (Infrastructure Levy) THAT Council direct the Chief Financial Officer to establish an Infrastructure Renewal Reserve Fund; AND THAT Council direct the Chief Financial Officer to increase the dedicated annual capital levy reserve contribution from 4 percent to 6.6 per cent each year starting in 2024; AND THAT Council direct the Chief Financial Officer to dedicate a minimum of 80 per cent of the capital levy reserve contribution to the Infrastructure Renewal Reserve Fund for allocation to maintaining existing infrastructure in a state of good repair, effective 2024; AND THAT Council direct the Chief Financial Officer to implement an additional 1 per cent tax levy each year commencing in 2024 to the Infrastructure Renewal Reserve Fund until a fully sustainable infrastructure plan is achieved. AND FURTHER THAT Council directs the Director of Engineering, the Chief Financial Officer and Project Management Office to review current infrastructure renewal project staffing levels and their funding sources to ensure the condition of City assets remain in a state of good repair. In Favour (6): Councillor Kimpson, Councillor Earnshaw, Councillor Roberts, Councillor Cooper, Councillor Hamilton, and Mayor Liggett Opposed (2): Councillor Shwery, and Councillor Ermeta Absent (1): Councillor Devine

Operating Budget - Amendment (Mobile Security Guards) THAT Option A of the Mobile Security Guards Budget Issues Paper, being the addition of 5 new permanent FTE with a net cost of $197,000, be approved as part of the 2024 Operating Budget; AND THAT a capital project for the purchase of a vehicle for the Mobile Security Guards be created in the amount of $50,000, to be funded from the Capital Works Reserve Fund. In Favour (8): Councillor Shwery, Councillor Kimpson, Councillor Earnshaw, Councillor Roberts, Councillor Cooper, Councillor Hamilton, Councillor Ermeta, and Mayor Liggett Absent (1): Councillor Devine

Operating Budget - Amendment (Cambridge Memorial Hospital) THAT Council approve funding in the amount of $100,000 to the Cambridge Memorial Hospital Foundation as part of their MRI fundraising campaign to be added to the 2024 Operating Budget; AND THAT funding be drawn from the Rate Stabilization Reserve. In Favour (8): Councillor Shwery, Councillor Kimpson, Councillor Earnshaw, Councillor Roberts, Councillor Cooper, Councillor Hamilton, Councillor Ermeta, and Mayor Liggett Absent (1): Councillor Devine

Final Operating Budget Motion (Inclusive of Amendments) THAT the remaining 2024 tax-supported operating budget net the earlier approved external funding expenditure of $2,486,400 be approved with a tax levy of $116,238,944, inclusive of the Cambridge Public Library Board’s tax levy of $8,601,200 and including assessment growth of 2.19%. AND THAT the non-union salary and wage increases align with the increases for the CUPE1882 (Inside Workers) employee group as per its collective bargaining agreement; AND THAT the Preston Town Centre BIA, the Hespeler Village BIA, and the Downtown Cambridge BIA levies in the amount of $77,400, $20,449 and $212,512 respectively be approved; AND THAT the transfers to and from Reserves and Reserve Funds as identified in the 2024 Draft Budget and Business Plan (or as amended by Council) be approved; AND THAT the preliminary tax-supported operating budget forecasts be approved with a projected tax rate increase of 8.81% in 2025, 6.33% in 2026, and 6.86% in 2027, to be revisited annually; AND THAT the Debt By-law as per 24-006-CRS Appendix C be passed; AND FURTHER THAT the Municipal User Fees and Charges By-law 23- 123 Schedule A be repealed and replaced as amended as per 24-006- CRS Appendix D. In Favour (7): Councillor Kimpson, Councillor Earnshaw, Councillor Roberts, Councillor Cooper, Councillor Hamilton, Councillor Ermeta, and Mayor Liggett Opposed (1): Councillor Shwery Absent (1): Councillor Devine

Final Capital Budget Motion (Inclusive of Amendments) THAT the remaining 2024 capital expenditures and revenue sources in the amount of $145,567,000 be approved; AND THAT, in accordance with s.s. 5(1) of the Development Charges Act, 1997 and S. 5 of Ontario Regulation 82/98, it is the clear intention that any excess capacity provided by any of the above referenced works will be paid for by future development charges; AND THAT any donations, grants or subsidies applied in the 2024 capital program to projects with development charges funding are to offset the non-growth-related costs of those projects; AND FURTHER THAT the forecasted capital expenditures and revenue sources for 2025 through 2033 be approved in principle in the total amount of $556,591,800, to be revisited annually. In Favour (7): Councillor Kimpson, Councillor Earnshaw, Councillor Roberts, Councillor Cooper, Councillor Hamilton, Councillor Ermeta, and Mayor Liggett Opposed (1): Councillor Shwery Absent (1): Councillor Devine

In Favour (8): Councillor Shwery, Councillor Kimpson, Councillor Earnshaw, Councillor Roberts, Councillor Cooper, Councillor Hamilton, Councillor Ermeta, and Mayor Liggett Absent (1): Councillor Devine

THAT the Budget & Audit Committee Meeting does now adjourn at 12:04 p.m. In Favour (8): Councillor Shwery, Councillor Kimpson, Councillor Earnshaw, Councillor Roberts, Councillor Cooper, Councillor Hamilton, Councillor Ermeta, and Mayor Liggett Absent (1): Councillor Devine