Corporate Services, Strategy, Risk and Accountability Committee

Receive and file finance department report F-07-23 providing financial results for Burlington Enterprises Corporation.

Direct the Chief Financial Officer to proceed with the closure of 73 capital projects identified as being ready for closure in finance department report F-22-23.

Receive and file finance department report F-17-23, providing the financial status report as at March 31, 2023.

Receive and file finance department report F-11-23, regarding Bill 23 Parkland Dedication Bylaw review and background report prepared by Watson & Associates Economist Ltd., entitled City of Burlington Parkland Dedication By-Law Review, included as Appendix A.

Receive and file finance department report F-19-23, regarding 2023 BMA Financial Condition Assessment; and Direct the Chief Financial Officer to undertake an update to the City of Burlington’s Financial Condition Assessment every four years with each new term of Council.

Direct the Chief Financial Officer to increase the dedicated infrastructure levy by 0.40% to 2.00% for consideration as part of the 2024 Budget, as Council’s acceleration of the five-year commitment to the long-term infrastructure renewal program and preparation for the 2025 Asset Management Plan Update.

Instruct the Acting Executive Director of Legal Services and Corporation Counsel or their designate to proceed in accordance with the instructions sought in confidential legal services department report L-33-23.

Receive and file the following four items, having been given due consideration by the Corporate Services, Strategy, Risk and Accountability Committee.