June 22, 2023 1:20 PM
(Red Deer, Alberta)The following items are on Red Deer City Council’s meeting agenda for Monday, June 26, 2023.
2022 Operating Budget Variance Report (information):
- Council will receive a report outlining the 2022 Operating Budget variance. The report provides transparency in reporting compliance with the MGA and with Council policies.
2022 Capital Budget Variance Report (information):
- Council will receive a report outlining the 2022 Capital Budget variance. The report provides transparency in reporting compliance with the MGA and with Council policies.
2022 Reserve Report (information):
- Council will receive a report outlining the 2022 Reserves. The report provides transparency in reporting compliance with the MGA and with Council policies.
Debt Policy Review (decision):
- During the 2023/2024 budget debate and approval, Council had passed a resolution to review the debt policy. Essentially a review on how appropriate the self restriction of 75 per cent of what the province will allow to borrow.
- Administration recommends no changes at this time until work with the long term financial plan is complete.
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