Budget Review Committee of the Whole

1. That Correspondence Item BRC-C 16-2023, dated November 16, 2023, respecting 2024 Proposed Budget - Alternatives for Water and Wastewater Operating Budget, BE RECEIVED; and 2. That the 2024 Water & Wastewater net operating base budget REFLECT the following program changes: a) Further reduce the Combined Sewer Outflow (CSO) Program by $2,000,000 gross and $1,000,000 net resulting in the pausing of the program. b) Reduce Grounds Repairs and Maintenance budgets by $450,000. c) Eliminate the Childrens Water Festival/Water Wagon funding of $100,000. d) Eliminate the Drinking Water Research Group (DWRG) funding of $50,000. e) Reduce the annual capital financing contribution by $1,198,772. A request was made to vote on the proposed program changes separately. The Committee Chair called the vote on clause 2a) as follows: a) Further reduce the Combined Sewer Outflow (CSO) Program by $2,000,000 gross and $1,000,000 net resulting in the pausing of the program.

That Report CSD 50-2023, dated November 2, 2023, respecting 2024 Budget - Water and Wastewater Operating Budget, Rate Setting and Requisition, BE RECEIVED and the following recommendations BE APPROVED: 1. That the 2024 Water & Wastewater net operating base budget increase of 7.95% with $5,526,185 (or 3.85%) for Operating plus $5,864,460 (or 4.10%) for Capital Financing over the 2023 operating budget BE APPROVED in accordance with the 2024 budget planning strategy; 2. That the 2024 Water Operations gross operating budget of $54,496,828 and net budget in the amount of $53,306,335 for the Water Budget, Rates and Requisition BE APPROVED; 3. That the proposed fixed water requisition shown in Appendix 3 to Report CSD 50-2023, based on 25% of the Region’s water net operating budget for the year and divided by 12 to determine the monthly charge, to be billed to each of the serviced Local Area Municipalities starting January 1, 2024, apportioned based on their previous three year’s average water supply volumes, BE APPROVED; 4. That the Region’s proposed 2024 variable water rate of $0.701 shown in Table 2 within Report CSD 50-2023, to be effective January 1, 2024 and calculated by taking 75% of the Region’s water net operating budget and dividing by the estimated supply volume, to be billed on a monthly basis to each serviced Local Area Municipality based on the previous month’s metered flows, BE APPROVED; 5. That the 2024 Wastewater Operations gross operating budget of $105,231,754 an