Regional Municipality of Wood Buffalo

Report

2020 Budget, 2021 – 2022 Financial Plan

Information

Department:Financial ServicesSponsors:
Category:Report

Attachments

  1. Printout
  2. 1. 2020 Capital Budget Master List

Body

1.     THAT the 2020 Operating Budget, in the amount of $718,371,428 be approved, representing $431,190,345 for Municipal operations, $96,000,000 for committed undrawn dept payment and $191,181,083 as a funding transfer for reserves and capital purposes, and

 

2.     THAT the 2021 2022 Financial Plan in the amount of $698,371,428 and $678,371,428 respectively, with funding transfers for capital purposes of $303,120,157 and $275,940,576 respectively, be used as the basis for the development of the respective subsequent budgets, and

 

3.     THAT the 2020 Capital Budget in the amount of $153,413,540, $664,875 Public Art fund transfer totaling $154,078,415 be approved as set out in Attachment 1, 2020 Capital Budget, dated November 29, 2019.

Meeting History

Nov 29, 2019 9:00 AM Video Council Special Council Meeting

Linda Ollivier, Director, Financial Services presented the 2020 Budget, and 2021-2022 Financial Plan.

RESULT:CARRIED [UNANIMOUS]
MOVER:Mike Allen, Councillor
SECONDER:Sheila Lalonde, Councillor
FOR:Don Scott, Mike Allen, Bruce Inglis, Sheila Lalonde, Phil Meagher, Verna Murphy, Jeff Peddle, Jane Stroud
ABSENT:Krista Balsom, Keith McGrath, Claris Voyageur