HomeMy WebLinkAboutTR-102-89 TOWN OF NEWCASTLE
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r REPORT File #
Res. #
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�. By-Law #
MEETING: GENERAL PURPOSE & ADMINISTRATION COMMITTEE
DATE: December 4, 1989
REPORT #: TR-102-89 FILE #:
SUBJECT:
INFORMATION REPORT - 1990 BUDGET TIMETABLE
RECOMMENDATIONS:
It is respectfully recommended that the General Purpose and Administration
Committee recommend to Council the following:
1. That report TR-102-89 be received for information.
BACKGROUND & CO2+1NENT-
Historically the budget preparation and presentation to Council has taken
place in the first half of the budget year. This timeframe has proven to j
cause difficulties in completion of some capital projects within that budget
year and has often resulted in delays in delivery of equipment to the degree
of inefficiency in current use.
In order to take advantage of purchasing and timing opportunities, the budget
process has been rescheduled. Budget discussions at the staff level are
taking place currently in accordance with the previously circulated timetable.
Budget Guidelines as such have been excluded from the Budget information
package distributed to Departments because the approach to the 1990 budget is
more in line with zero based or program budgeting techniques. This implies an
analytical approach to Budgeting rather than a
guaranteed percentage increase
on historical values.
. . .2
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TR-102-89 Page 2
It is anticipated that the 1990 current and capital budgets will be presented
to council in February 1990. Council will be notified for concurrence with
actual dates set for final budget deliberations once they have been finalized.
This is an information report intended to keep council appraised of the 1990
Budget timetable.
Respectfully submitted, Recommended for presentation
to the Committee,
Marie A. Marano, H.BSc. , Lawrence Kotseff,
Treasurer. Chief Ad in�strative Officer.
MAM/PP
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