CITY COUNCIL WORKSHOP
AGENDA

Monday, October 16, 2023 at 3:00 P.m. - 5:00 P.m.

Meeting held electronically and open to public attendance

Council Chamber, City Hall

We recognize and respect that New Westminster is on the unceded and unsurrendered land of the Halkomelem speaking peoples. We acknowledge that colonialism has made invisible their histories and connections to the land. As a City, we are learning and building relationships with the people whose lands we are on.

 

LIVE WEBCAST: Please note City Council Meetings, Public Hearings, Council Workshops and some Special City Council Meetings are streamed online and are accessible through the City’s website at http://www.newwestcity.ca/council  

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1.

CALL TO ORDER AND LAND ACKNOWLEDGEMENT

The Mayor will open the meeting and provide a land acknowledgement.

2.

PRESENTATIONS

2.1

Budget 2024: Proposed 2024 General Fund Capital Budget & 2024 - 2028 Five Year Capital Plan and Funding Strategy

a.

Presentation (On Table)

b.

Report (Circulated Separately)

The purpose of this report and Council Budget Workshop is to present three General Fund Five-Year Capital Plan scenarios, each with increasing levels of investment, along with their corresponding funding strategies. These scenarios will be presented for Council's consideration and discussion, with a focus on how each scenario aligns with existing approved plans, supports Council's strategic priorities and incorporates public engagement. The objective is to guide the selection of the most suitable 2024 General Fund Capital Budget, 2024-2028 General Fund Capital Plan and Funding Strategy that not only addresses our municipality's infrastructure needs but also aligns with Council’s strategic priorities, while maintaining fiscal responsibility and resilience. The aim is for Council to provide staff with feedback during this Budget Workshop that will set the direction. This will enable staff to prepare the necessary bylaws for the 2024-2028 Financial Plan that will be considered by Council later this year.

• Recommendation:

  THAT Council provide direction on which of the three proposed 2024 General Fund Capital Budget and Funding Strategies they support.

  THAT Staff be directed to report back on the Draft Consolidated Financial Plan Bylaw, 2024 – 2028.

  THAT Council approve the re-allocation of $6.0M GCF initially assigned to Massey Theatre Renovation project to other eligible General Fund capital projects.

3.

END OF THE MEETING

 

 

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