The Budget Committee recommends to the Executive Committee that:

1.         City Council increase 2015 cash flow commitments for projects/subprojects totalling $31.678 million, comprising of cash flow commitments for Transportation Services projects with an offsetting decrease in the same projects/subprojects in the 2015 Capital Plan, as detailed in Appendix 1 to the report (August 5, 2014) from the General Manager, Transportation Services.

2.         City Council request the General Manager, Transportation Services to report through the 2015 Budget process the amount of additional capital funding required to increase service levels so that permanent repairs to sidewalks are completed in a maximum of 2 years from when temporary repairs are made, as opposed to the current 4 year maximum.

3.         City Council request the General Manager, Transportation Services to request additional funding through the 2015 Budget process to increase the number of local road rehabilitation projects.

4.         City Council request staff to report in 2015 on the costs of maintaining City boulevards.

The Manager, Corporate Financial Planning and Management, and the Director, Financial Planning gave a presentation to the Budget Committee on Approval of Cash Flow Commitments for 2015 Approved Capital Plan State-of-Good-Repair Projects for Transportation Services.

The purpose of this report is to request Council’s authority to commit 2015 expenditures for state-of-good-repair capital projects in advance of Council’s approval of Transportation Services’ 2015 Capital Budget and 2016-2024 Capital Plan, in order to advance the start of construction projects and achieve higher rates of capital delivery; and help realize more competitive off-season bids.

Specifically, approval is being sought for increases in 2015 cash flow commitments totalling $31.678 million for Transportation Services projects. This request will not increase or decrease the 2014 – 2023 Approved Capital Budget and Plan for Transportation Services in any year over the 10 year period.