Receive and file finance department report F-43-16 providing preliminary budget engagement results.

Approve the 2017 capital budget for the City of Burlington, with a gross amount of $56,045,434 and a debenture requirement of $9,720,000 and the 2018-2026 capital forecast with a gross amunt of $611,754,174 and a debenture requirement of $65,235,078 as outlined in report F-44-16 and as amended by the Community and Corporate Services – Budget Committee; and

Administer the debenture in the amount of $9,720,000 in 2017 as tax supported debt; and

Authorize staff to proceed with the 2017 capital projects representing not more than 50% of the 2017 capital from current funding in advance of the 2017 operating budget approval; and

Declare that, in accordance with sis.5(1)5 of the Development Charges Act, 1997 and s. 5 of Ontario Regulation 82/98, it is Council’s clear intention that the excess capacity provided by the above-referenced works will be paid for by future development charges.

Add four new digital speed boxes per year.

Restore 70/30 federal gas tax split to increase transit funding.

Move Handi-van expansion from 2018 to 2017.

Direct advertising revenue from benches and shelters to be spent first on new shelters or benches, with any excess of revenue spent on other bus stop improvements or alternatively any shortfall added to capital budget.

Remove and replace playground sand at Irving Parkette in 2017 with engineered wood fibre at a cost of $25K to eliminate wasp infestation.

Receive the proposed 2017 operating budget book; and

Direct staff to present the following recommendation to the Committee of the Whole –Budget meeting on January 19, 2017 for review and final approval, taking into consideration committee amendments; and

Approve the 2017 operating budget including any budget amendments approved by the Community and Corporate Services Committee to be applied against the proposed net tax levy amount of $152,514,527.