Report: 2024–2028 Five‑Year Financial Plan (final staff report)

Background

The population of the City of Langford has grown rapidly over the last five years. During this time, the City has maintained current service levels, invested significantly in public safety, road networks, economic development, and parks and recreation, all while maintaining one of the lowest taxes in the Capital Regional District (CRD) as well as in similarly sized municipalities in BC. During the COVID-19 pandemic, Council made the decision in 2020, 2021 and 2022 to reduce the recommended tax increases to assist residents who may have been affected by the pandemic, recognizing that future year tax increase percentages would likely be higher. These reductions, along with previous years of low tax increases, were made possible due in large part to the growth of the tax base within the City and through the use of surplus and reserves, such as the general amenity fund.

It is worth noting that in the 2022 report to Council, staff mentioned that “due to the low tax increases over the last number of years and the ambitious programming of services, the next four years in the financial plan are currently projected to be at least 6% per year”.

Additionally, for 2022, staff noted “further reductions to this year’s tax increase are possible using additional surplus and the general amenity fund; however, Council should be aware that this will impact future years’ tax increases and/or the spending ability for operations and capital projects. Council may also choose to make cuts to the budget as presented, noting that cuts will likely impact service levels.”

The City has always prided itself on operating a highly efficient and lean organization. One of the potential downsides to having such a lean organization each year is that in years of significant budget pressures, as 2023 was and 2024 is, there simply is very little that can be reduced within the financial plan to reduce the tax increase. Unfortunately, continued growth in the annual amount of additional reserve funds used to reduce the tax increases has had an exponential effect on the eventual percentage tax increase in a future year. Further, the continued growth in the level of reserves used each year is unsustainable and limits those reserves from being available for other purposes for which they are collected.

---

Hypothetical % Tax Increase

At the February 22, 2024 Committee of the Whole meeting, the Committee passed the following motion:

That the Committee of the Whole direct staff to present to Council a hypothetical evaluation of what the tax increase would have been in 2023, and would now be in 2024, if the property tax increase had been 3%, 4% or 5% in each of the previous 5 years (2018-2022).

The following charts are based on hypothetical assumptions for what the tax increase could have been in previous years and what the corresponding tax increase would have been in 2023 and 2024 to collect the same property tax revenue.

Scenario #1 – Demonstrates what the 2023 Tax Increase % would have been, if the tax increase in 2018-2022 had been 5%, 4% and 3%.

As a reminder, the actual % tax increase in 2023 was 12.41%. To collect the exact same tax revenue in 2023, $45,009,003, the tax increase would have been 1.05% if the tax increase had been a consistent 5% in each of the previous five years (2018, 2019, 2020, 2021 and 2022). In addition to that, over the same five years, the City would have collected an additional $12.27 million that could have been used to provide other services or amenities. Subsequently, the chart also shows what the numbers would be if the tax increase had been a consistent 4% or 3% over the same five-year period.

Scenario #2 – Demonstrates what the 2024 Tax Increase % would be, if the 2018-2022 increase had been 5% or 4% and the 2023 increase had been 8% or 5%?

In summary, if the 2018-2022 tax increase had been a consistent 5% and the 2023 tax increase had been 8% (factoring in 7% inflation and other budget pressures), the tax increase for 2024 to collect the same property tax revenue as the amended 2024-2028 Financial Plan would be 8.46%, and the City would have collected an additional $15.25 million over that six-year period. If the 2018-2022 tax increase had been a consistent 4% and the 2023 tax increase had been 8% (factoring in 7% inflation and other budget pressures), the tax increase for 2024 to collect the same property tax revenue as the amended 2024-2028 Financial Plan would be 12.87%, and the City would have collected an additional $8.63 million over that six-year period. If the 2018-2022 tax increase had been a consistent 5% and the 2023 tax increase had also been 5%, the tax increase for 2024 to collect the same property tax revenue as the amended 2024-2028 Financial Plan would be 11.45%, and the City would have collected an additional $14 million over that six-year period.

---

Commentary

The Proposed 2024-2028 Five Year Financial Plan was presented to Mayor and Council at the Committee of the Whole meeting on February 8, 2024. As outlined in the timeline above, staff presented the proposed plan at the February 8th and February 12th Committee meeting. Subsequently, the City held two public input meetings to allow the public to provide comment and feedback on the proposed financial plan based on the information presented. In addition to submissions from the public at these two meetings, the public has also been able to submit comments by email to budget2024@langford.ca.

---

Initial Proposed 2024-2028 Financial Plan

Each year, the starting point for staff in the budget preparation process is the previous year financial plan. The tax increase for 2024 in the approved 2023-2027 Five Year Financial Plan was 11.68%. The initial Proposed 2024-2028 Five Year Financial Plan included a 11.79% tax increase in 2024.

The summary of key 2024 budget items include:

---

Amended Proposed 2024-2028 Five Year Financial Plan

Through the Committee of the Whole meetings the following recommendations for amendments were made, as reflected in the amended proposed 2024-2028 Five Year Financial Plan presented to Council at this time.

The amendments made to the proposed plan through the Committee of the Whole process are as follows (impact on 2024 property taxes shown in brackets):

1. Defer the initial funding of the Royal Roads Innovation Studio to the year 2025. (-$150,000)
2. Defer the initial funding of the Langford E-bike Rebate Program to the year 2025. (-$75,000)
3. Remove/Delete the Community Murals Fund. (-$30,000)
4. Defer the initial funding of the City Centre Crosswalk Project to 2025. (No taxation impact)
5. Remove/delete the “Largest Little Free Library”. (-$25,000)
6. Fund the Pedestrian Plaza/Walkway Pilot Project from Surplus, not property taxes. (-$30,000)
7. Fund the 2024 budget for Community Gardens from General Amenity Reserve, not property taxes. (-$40,000)
8. Remove/Delete the Home Composter Program. (-$15,000)
9. Add one additional RCMP Officer, for a total of four new officers in 2024. (+$188,214)
10. Decrease the use of the General Amenity Funds to offset taxes to $0 in 2024 and all years subsequent. (+$1,701,985)

Further information for #9:

Subsequent to the Committee of the Whole meeting on February 22, 2024, the City now has the estimated BC Stats 2023 population for the City of Langford, to be used for the calculation of the “Cop to Pop” ratio. As per BC Stats, the City of Langford’s population for 2023 is estimated to be 52,953. The initial Proposed 2024-2028 Five Year Financial Plan included an additional three RCMP officers based on the previous growth trends equating to the City being required to add ten officers every three years. In 2023 the City added four officers so it was determined that based on the previous growth trends, the estimate would be an additional three officers to maintain service levels, always understanding that figure may change once the 2023 population figures were published. Based on the updated population statistics, in order to maintain the existing Cop to Pop Ratio, the City needs to add five RCMP officers in 2024. It is worth noting that if this population information had been available before the Proposed Financial Plan was initially published, the 2024 tax increase would have been 12.63% (the additional two officers – from three to five – equate to a 0.84%). It is also worth noting, five officers is what the RCMP has requested for 2024 to meet their operational needs. Based on the above information, while the Committee of the Whole recommended one additional officer for a total of four additional for 2024, staff have adjusted the financial plan presented to Council this evening to include five additional officers for 2024.

The amended Proposed 2024-2028 Financial Plan as presented is summarized as follows:

The Financial Plan presented this evening, based on the initial Proposed Financial Plan and amendments made through the Committee of the Whole process, currently has the proposed 2024 overall tax increase at 15.63%.

---

Financial Implications

The following table shows Langford’s 2023 residential taxes, in comparison to other cities in the region as well as similarly sized municipalities throughout the province. For both the general municipal portion and the overall property taxes.

It is important to remember that the City of Langford’s portion of the property tax bill is approximately 50%, the remainder of the total property taxes levied are collected on behalf of other taxation authorities and the City simply levies, collects, and remits the full amount to those organizations. The City does not have any input into those tax rates and the City does not retain any of the funds collected on behalf of those entities. The graph below outlines what percentage of the 2023 property tax notice went to each of the taxation authorities.

---

Legal Implications

The Community Charter requires Council to adopt a Five-Year Financial Plan each year and subsequently adopt a tax rate bylaw before May 15.

---

Strategic Plan Initiatives

Aligning with objectives 5bi and 5bii in Council’s Strategic Plan, the 2024-2028 proposed Financial Plan is prepared in line with best practices for municipalities in BC, with a fiscally responsible and sustainable lens and presented in a transparent and user-friendly format.

---

Options

Option 1
THAT Council approve the 2024 – 2028 Five Year Financial Plan as presented.

OR Option 2
THAT Council approve the 2024 - 2028 Five Year Financial Plan with the following amendments:

OR Option 3
THAT Council not approve the 2024-2028 Five Year Financial Plan and direct staff to incorporate the following amendments and bring it back to Council at a future meeting:

---

SUBMITTED BY: Michael Dillabaugh, CPA, CA, Director of Finance

Concurrence: Donna Petrie, Senior Manager of Communications & Economic Development
Concurrence: Yari Nielsen, Director of Parks, Recreation and Facilities
Concurrence: Matthew Baldwin, MCIP, RPP, Director of Planning and Subdivision
Concurrence: Katelyn Balzer, P.Eng., Director of Engineering and Public Works
Concurrence: Marie Watmough, Deputy Director of Corporate Services
Concurrence: Braden Hutchins, Director of Corporate Services
Concurrence: Darren Kiedyk, Chief Administrative Officer

---

Proposed 2024-2028 Financial Plan (AS AT MARCH 4, 2024)

---

Land Acknowledgment

The City of Langford acknowledges and honours the traditional territories of the Coast Salish, specifically Xwsepsum (Esquimalt), Lekwungen (Songhees), Sc’ianew (Beecher Bay), and the W̱ SÁNEĆ Peoples represented by the Tsartlip, Pauquachin, Tsawout, Tseycum, and Malahat Nations.

---

Contents

1. Introduction
2. Council Strategic Plan
3. City Statistics/Infographic
4. Historical Property Tax Information
5. Proposed Tax Change
6. Commonly Asked Questions
7. Operating Budget
   • Proposed 2024 – 2028 Operating Budget
   • Operating Revenues
   • Department overviews (Building Inspection, Development, Engineering & Public Works, Fire Rescue & Emergency Program, Fiscal Services, General Government, Parks, Recreation & Facilities, Police & CSME)
8. Capital Budget
   • Proposed 2024-2028 Capital Budget
   • Year-by-year capital budgets (2024–2028)
9. Reserves

---

Introduction

The City is proud to present the 2024–2028 Proposed Five Year Financial Plan in an updated and user-friendly format. In 2023, City of Langford Council approved the City’s first Strategic Plan, setting out the shared strategic vision of Council for the next four years and in some cases beyond. The Strategic Plan is a significant guiding document in the development of the Financial Plan. Aligning with objectives 5bi and 5bii in Council’s Strategic Plan, the 2024–2028 proposed Financial Plan is prepared in line with best practices for municipalities in BC, with a fiscally responsible and sustainable lens and presented in a transparent and user-friendly format.

The proposed Financial Plan is informed by the priorities outlined in Council’s Strategic Plan, contractual commitments, current service levels, and technical guidance from staff. Staff prepare a proposed Financial Plan with these inputs for Council’s consideration. During the budget review process, Council will deliberate whether any change in service levels is recommended. Furthermore, as the community continues to grow, consideration must be given to what additional resources are needed to maintain current service levels. In addition to operating budget considerations, Council deliberates on capital projects proposed for the year. Proposed capital projects could be to maintain current service levels, provide capital upgrades to existing infrastructure, or provide a new service or facility within the City.

Within this report, you’ll find information on how property taxes and other revenues are used to maintain current service levels and meet the growing needs of the community. You will also find an overview of the municipality, including a summary of departments and key service areas, as well as the City’s financial information for the 2024–2028 period.

---

Council Strategic Plan

STRATEGIC PRIORITY ONE — Sustainable Development
STRATEGIC PRIORITY TWO — Climate Change and Environmental Stewardship
STRATEGIC PRIORITY THREE — Economic Development
STRATEGIC PRIORITY FOUR — Transportation
STRATEGIC PRIORITY FIVE — Good Governance
STRATEGIC PRIORITY SIX — Quality of Life

In 2023, City of Langford Council approved its first Strategic Plan. This document sets out the shared strategic vision of Council for the next four years, and in some cases beyond. The Plan reflects Council’s six strategic priorities, and individual objectives in each of those areas. For each objective, the plan sets out an estimated timeline and whether the planned work is currently funded or will be funded in future budgets. The Strategic Plan is a significant guiding document in the development of the Financial Plan.

To learn more, visit Langford.ca/StrategicPlan

---

City Statistics / Infographic (selected highlights)

• 6,336 PARKS & BOULEVARD TREES MAINTAINED
• 2,405 ACRES OF GREEN SPACE & PARKS
• 2,972 M MULTI-USE TRAILS
• 28 CITY-OWNED PLAYGROUNDS
• 1 SUSPENSION BRIDGE
• 4 PRISTINE LAKES
• 1 PROVINCIAL PARK & CAMPGROUND
• 1,120 M HIKING TRAILS
• 4,186 M MOUNTAIN BIKING TRAILS

JORDIE LUNN BIKE PARK CLUBHOUSE — RESTAURANT | BICYCLE RETAIL | REPAIR & RENTALS | PROGRAMMABLE COMMUNITY SPACE | OFFICE SPACE — OPENING 2024

• 334 BUSINESS LICENSES WERE APPROVED (2023)
• 25,844 M2 OF COMMERCIAL SPACE ADDED IN 2023
• 422.4 KM OF ROADWAYS
• 104.9 KM OF SIDEWALKS
• 69 KM OF BIKE LANE
• 37 STORMWATER PONDS
• 2,787 APARTMENTS WITHIN WALKING DISTANCE TO THE DOWNTOWN CORE
• 275 BUS STOPS
• 18 BC TRANSIT ROUTES

NEW POST-SECONDARY CAMPUS OPENING 2025

ATTAINABLE HOUSING PROGRAM — 7 HOMES PURCHASED THROUGH THE PROGRAM

$39,300 ARTS AND CULTURE GRANT FUNDING RECEIVED IN 2023

PURCHASE OF THE ELECTRIC ZAMBONI FOR WESTHILLS ARENA

PURCHASE OF THE CITY’S FIRST ELECTRIC FLEET VEHICLE

769 REGISTERED USERS (BLINK RAPIDBUS LINE 95 LAUNCHED IN 2023)
ROUTE 95: WESTSHORE - DOWNTOWN — PEAK TIMES: EVERY 7-8 MINUTES — NON-PEAK TIMES: EVERY 15 MINUTES

VISITOR GUIDE & MOBILE INFO CENTRE — 5,099 VISITORS SERVED IN 2023 (FUNDED BY LOCAL HOTEL TAX)

SOCIAL MEDIA: 2,104 FACEBOOK FOLLOWERS; 8,542 INSTAGRAM FOLLOWERS

The data presented is the most current available as of December 31, 2023. Population (BC STATS – 2022): 49,345

---

Historical Property Tax Information

Where Your Total Property Tax Bill Went in 2023:

• 50.30% General Municipal + Police + West Shore Parks & Recreation + Library
• 29.48% Provincial School
• 10.93% Capital Regional District
• 5.45% BC Transit
• 2.99% Capital Regional Hospital District
• 0.85% BC Assessment Authority (BCAA) & Municipal Finance Authority (MFA)

How Did Langford Compare to Other CRD and Similar Sized Municipalities in 2023? (Selected excerpt — General Municipal portion compared to 2023 overall taxes)

---

Proposed Tax Change

---

Commonly Asked Questions

What is a Financial Plan and is it required?
A Financial Plan is a document created by the City that sets a five-year operating and capital budget. These budgets take into consideration Council’s Strategic Plan while ensuring service level standards and the community’s priorities are met. Prior to May 15 each year, Council must adopt both a Five-Year Financial Plan Bylaw and a Property Tax Rates Bylaw.

What is an operating budget?
The operating budget covers the ongoing, day-to-day expenses the City incurs to provide programs and services to the residents of Langford. Examples of these items include fire and police services, roads and park structures maintenance and staff salaries.

How is the operating budget funded?
Langford’s operating budget is funded through property tax revenue, user fees and permits, grants, investments, and transfers from various reserves.

What is a capital budget?
The capital budget outlines the City’s acquisition, construction, and replacement of capital assets. Examples of these projects include vehicle and equipment replacement, construction of roads, park structures, trail improvements and land acquisition.

How are capital projects funded?
Funding sources for capital projects range from reserves, Development Cost Charges (DCCs), grants, debt financing, and developer contributions.

---

Operating Budget

Proposed 2024 – 2028 Operating Budget (Summary)

* Greater Victoria Public Library and West Shore Parks & Recreation operating expenses are included within the Parks, Recreation, & Facilities Department overview on pages 24 and 25.
** CSME is Community Safety and Municipal Bylaw Enforcement

---

Operating Revenues (Detailed)

---

Department Overviews

Building Inspection Services

The Building Services department is responsible for ensuring compliance with the current British Columbia Building Code and other building regulations, including the City of Langford’s Building Bylaw No. 1160, 2008. The department reviews all building permit submissions and conducts on-site inspections of new construction, commercial tenant improvements, and residential renovations. The department also reviews business licenses for compliance with the Building Bylaw requirements.

Budget Overview (Building Inspection Services):

Key Stats From 2023:

• PERMITS ISSUED: 674
• RESIDENTIAL UNITS CREATED: 891 (Single family homes: 168; Duplex: 26; Townhouses: 153; Multifamily: 544)

Key Service Functions and Budget Initiatives for 2024:

• Ensure compliance with the BC Building Code
• Ensure compliance with Building Bylaw No. 1160, 2008
• Issue building permits
• Conduct on-site inspections
• Conduct plan reviews

---

Development Services

The Development Services department is responsible for providing professional and technical advice on a wide range of topics, including land use and development applications as well as housing, climate action, and social policy matters. The department ensures community goals are reflected in the Official Community Plan and planning policy documents. Department staff provide professional and technical advice on current and future land uses as well as a wide range of issues relating to housing, the environment, climate action and social policy. Staff also make recommendations to City Committees and Council to enhance livability for residents by ensuring the community is functional, interactive and sustainable. Day-to-day planning operations also include interactions with land development processes (e.g., subdivisions, servicing, letters of credit) and reviewing past and current policies to address subdivision design and development.

Key Service Functions and Budget Initiatives for 2024:

• Process subdivision and current planning development applications
• Oversee and monitor the City’s Affordable Housing and Attainable Home Ownership Programs
• Update and ensure relevancy of the City’s housing policies and targets, including the Housing Needs Report
• Update the Official Community Plan
• Initiate the development of a Climate Action Master Plan
• Review and convert the current Amenity Contribution Policy into an Amenity Cost Charge Bylaw
• Coordinate the creation of an Urban Forest Management Plan
• Review and update the Development Permit and Design Guidelines
• Update the Zoning Bylaw to reflect new provincial legislation requirements

Key Stats From 2023:

• 29 REZONING APPLICATIONS RECEIVED
• 13 DEVELOPMENT VARIANCE PERMIT APPLICATIONS RECEIVED
• 90 DEVELOPMENT PERMIT APPLICATIONS RECEIVED
• 504 LOTS CREATED BY SUBDIVISION

Budget Overview (Development Services totals):

---

Engineering and Public Works

The Engineering and Public Works department is responsible for all construction activities related to subdivision and capital projects/public infrastructure, public works such as road maintenance and repairs, and the City of Langford’s ongoing beautification efforts. Engineering and Public Works are responsible for planning, designing, constructing, and maintaining municipal infrastructure, including roads, stormwater management, traffic signals, sidewalks, bike lanes, and streetlights.

Key Service Functions and Budget Initiatives for 2024:

• Initiate the development of an Active Transportation Plan
• Initiate the development of a Transportation Master plan
• Develop a construction impact management strategy and ‘good neighbor’ policy
• Completion of a new signalized intersection at Klahanie Dr and Latoria Rd
• Safety Improvements to the West Shore Parkway at Amy Rd roundabout
• Continue to improve and expand active transportation infrastructure (Treanor Ave sidewalk; completion of Goldstream Ave sidewalk and bike lanes; multi-use path along Klahanie Dr)

Key Stats From 2023:

• 8 KMs OF ADDITIONAL ROAD INSTALLED (total 422 KMS of road)
• 2 KMs OF ADDITIONAL SIDEWALK INSTALLED
• 1.4 KMs OF ADDITIONAL BIKE LANES INSTALLED
• 255+ STORMWATER DEVICES CLEANED AND MAINTAINED
• 8 KM+ STORMWATER PIPES CLEANED

Budget Overview (Engineering & Public Works totals):

---

Fire Rescue Services and the Emergency Program

Langford Fire Rescue is a composite fire department comprised of career and volunteer members operating from three stations within Langford. The functions include fire suppression, first response, auto extrication, water rescue, rope rescue, and technical high-angle rescue. The department is a full-service fire department that works collaboratively with other West Shore departments to protect life and property.

Key Service Functions and Budget Initiatives for 2024:

• Conduct emergency call response
• Conduct fire and life safety initiatives (presentations, inspections, FireSmart assessments, emergency preparedness information)
• Oversee the Langford Emergency Program
• Continued implementation of the Fire Master Plan
• Second year of a three-year plan to provide coverage from Station 2

Budget Overview (Fire Rescue Services totals):

Key Stats From 2023:

• FIRE RESPONSES: 1,300+ (increase of 9% from 2022)
• FIRE PREVENTION INSPECTIONS: 300+
• FLEET: 15 APPARATUS, INCLUDING TWO NEW FIRETRUCKS IN 2023
• TRAINING DRILLS: 400+

---

Fiscal Services

Fiscal Services includes bank charges & interest, principal repayment, and transfers to own reserves. Transfers to reserves are used to build savings for future projects and manage variable expenditures.

Budget Overview (Fiscal Services totals):

---

General Government

The General Government section includes General Government Administration, Corporate Services & Human Resources, Communications and Economic Development, Legislative Services & Records Management, Finance, Information Technology (IT) & Geographic Information Systems (GIS), and Common Services.

Budget Overview (General Government totals):

---

Parks, Recreation, and Facilities

The Parks, Recreation, and Facilities department is responsible for capital construction, operations, and maintenance of City-owned parks, trails, boulevards, recreational facilities, and other Langford-owned properties. It also includes the annual requisition for West Shore Parks and Recreation and the Greater Victoria Public Library.

Key Service Functions and Budget Initiatives for 2024:

• Creation and implementation of Langford’s first Parks, Recreation, and Trails Master Plan
• Grand opening of Jordie Lunn Clubhouse at the Jordie Lunn Bike Park
• Replacement of the Cy Jenkins Boardwalk on Glen Lake
• Creation of new climbing/hiking and downhill mountain bike trails at the Langford Gravity Zone
• Revitalization of Porcher Park
• Addition of shade sails and greenery at The Langford Station
• Renovation of the tennis courts at Centennial Park
• Installation of an accessible dock at the Langford Lake boat launch

Budget Overview (Parks, Recreation & Facilities totals):

Key Stats From 2023:

• NEW OR RENOVATED PARKS AND PLAYGROUNDS: 4
• TOTAL GREEN SPACE AND PARKS: 2,392 ACRES
• JORDIE LUNN CLUBHOUSE — OPENING 2024
• NEW FULL-SIZED ARTIFICIAL TURF FIELD WITH LIGHTING installed on Flint Ave

---

Police (RCMP), and Community Safety and Municipal Bylaw Enforcement (CSME)

Police (West Shore RCMP): The RCMP provides police protection for the City of Langford through the West Shore RCMP Detachment. The City’s portion of the policing resources allocated to the West Shore RCMP Detachment is funded by the City of Langford through a police service contract with the Province of BC.

For 2023, the City of Langford had an authorized strength of 65 RCMP officers and provided 24 municipal employees. The proposed 2024 budget includes an additional three RCMP Officers and one additional municipal employee. (Note: amended plan includes five additional officers as described earlier.)

Community Safety and Municipal Bylaw Enforcement (CSME): The CSME department addresses a wide range of community issues, ensures the public is well informed of Langford’s Regulatory Bylaw requirements, and assesses risk in the community. The department monitors the community and potential risks on a regular basis to ensure a safe and enjoyable environment for all. The department works closely with many agencies to provide a level of service that is highly effective, professional, and proactive.

Budget Overview (Police & CSME totals):

Key Stats (CSME):

• 4,845 NUMBER OF ENFORCEMENT FILES OPENED
• 932 NUMBER OF COMMUNITY SAFETY PATROLS
• 1,422 NUMBER OF PARKING WARNINGS ISSUED
• 201 NUMBER OF PARKING TICKETS ISSUED

Key Stats (Police):

• CRIME RATE, CASE LOAD and other comparative metrics provided in the plan

---

Capital Budget

Proposed 2024-2028 Capital Budget (High-level)

---

2024 Capital Budget (Detailed by project and funding source) — Selected excerpt

(Selected projects and funding sources from the 2024 Capital Budget table.)

Engineering & Public Works (selected projects)

• PW01 - Engineering Vehicle Purchase — $294,550 (Equipment Replacement Reserve)
• PW09 - Luxton - Quonset Hut — $25,000 (General Operating Reserve)
• PW10 - Atco Trailer — $125,000 (General Operating Reserve)
• CM01 - Centre Mountain Residential Rd LSA — $8,653,258 (Developer Contributions)
• CM02 - Centre Mountain Business Park Rd LSA — $15,880,627 (Developer Contributions)
• CM03 - Centre Mountain Water Service LSA — $14,317,595 (Developer Contributions)
• SR86 - BMP Ultimate Marble to Ecoasis — $5,139,977 (Roads DCC)
• SR90 - Irwin Rd Improvements — $3,423,938 (mixture of Road DCC, Debt, General Operating Reserve)

Engineering & Public Works Total (2024): $55,481,516

Fire Rescue Services & the Emergency Program (selected)

• EP02 - Emergency Preparedness - Equipment — $30,000 (General Operating Reserve)
• FE14 - Fire Vehicle Replacement — $30,000 (Equipment Replacement Reserve)
• FE23 - Firehall #2 — $30,000 (General Operating Reserve)
• FE45 - Hose Replacement — $14,000 (General Operating Reserve)
• FE47 - Water Storage Tank — $80,000 (General Operating Reserve)

Fire Rescue Services & Emergency Program Total (2024): $184,000

General Government (selected)

• FA01 - Municipal (City Hall) Upgrades — $250,000 (General Operating Reserve)
• FA05 - Wi‑Fi Community Internet — $23,000 (General Operating Reserve)
• FA08 - Admin Property Purchase — $41,050,000 (Debt) + $450,000 (General Operating Reserve) — $41,500,000 total
• FA17 - Website Design — $45,000 (General Operating Reserve)
• FA42 - Bryn Maur Masons Building — $7,000,000 (Debt)

General Government Total (2024): $49,244,000

Parks, Recreation & Facilities (selected)

• PD03 - JLBP Clubhouse — $475,000 (Developer Contributions / Parks & Open Space DCC)
• PD19 - Porcher Park — $550,000 (Debt / Grants)
• PD31 - Cy Jenkins Boardwalk Replacement — $275,000 (General Operating Reserve)
• PK01 - Parkland Acquisition — $1,000,000 (Parks & Open Space DCC)

Parks, Recreation & Facilities Total (2024): $5,180,000

Police & CSME (selected)

• PS03 - Police Station — $721,560 (Police Building Capital Reserve)
• BL02 - CSME - Vehicle Replacement — $100,000 (Equipment Replacement Reserve)
• BL03 - CREST Radio Purchase — $20,000 (Equipment Replacement Reserve)

Police & CSME Total (2024): $937,560

(Complete capital project funding matrices and year-by-year breakdowns are included in the full Proposed 2024-2028 Financial Plan document.)

---

Reserves

Impact of 2024 Budget on Reserve Funds — Selected excerpt

Reserve Funds Balances (beginning of year, additions, expenditures/transfers, interest earned/charged, ending balance):

Development Cost Charges (selected)

Other Reserve Accounts (selected)

Total Funds on Hand (selected): $50,190,603 beginning balance; additions $11,801,600; expenditures/transfers $(21,176,070); interest $1,505,718; ending balance $42,321,851.

(Full multi-year reserve impact tables provided for 2024–2028 in the plan.)

---

End of extracted pages 233–283 (Proposed 2024–2028 Financial Plan excerpts, March 4, 2024).