Whereas a municipality's budget is a key policy document that describes annual service plans and methods of paying for planned service levels;
And whereas City Council's budget process includes several weeks of independent councillor review and public inquiry leading to a series of meetings intended to ensure the final budget reflects Council's service expectations;
And whereas the process of preparing the annual budget requires approximately 10,000 hours of staff time;
Therefore, be it resolved that staff prepare a report for the May 16, 2023 Finance and Administration Committee meeting describing the process changes required to establish a multi-year budget starting with the 2024 Budget.