1. CALL TO ORDER
2. Ratification from Committee of the Whole - Fiscal Framework
That Halifax Regional Council direct staff to develop the multi-year operating budgets for 2017-2018 and 2018-2019 according to Council's approved priorities, and preliminary fiscal direction, including:
- maintaining the appropriate level of existing services with the addition of the new services previously approved by Council;
- a stable capital budget that maintains state of good repair while also funding growth related issues and service improvements;
- a responsible and declining debt position;
- appropriate reserve balances that allow for risk mitigation, future obligations and opportunities;
- alignment of the current average tax bill for residential homes and commercial properties with all relative economic indicators.
3. Ratification from Committee of the Whole - Proposed 2017-18 Capital Program Budget and 10 Year Capital Plan
That Halifax Regional Council:
1. Direct staff to prepare the ten-year capital plan, approve the capital budget for 2017-18, and schedule of reserve withdrawals, and approve in principal the 2018-19 capital budget as presented to Committee of the Whole as per Attachments 1a, 1b and 1c of the staff report dated December 5, 2016.
2. Approve the list of 2017-18 advanced capital funding as per Attachment 2 of the staff report dated December 5, 2016.
3. Approve the list of multi-year projects as per Attachment 3 of the staff report dated December 5, 2016.
4. Request staff to look at options to retain the funding levels established in the 2016/17 capital budget for Street Recapitalization and report back to Council.