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2017-07-19 Finance Committee Agenda Packet - Open SessionCity of Saint John Finance Committee - Open Session AGENDA Wednesday, July 19, 2017 4:30 pm 8th Floor Boardroom, City Hall 1. Call to Order Pages 1.1 Approval of Minutes - June 29, 2017 1 - 2 1.2 2018 Draft Capital Budgets General Fund/Utility Fund 3-33 1.3 2018 General Fund Capital Budget 34-45 1.4 2018 Utility Fund Capital Budget 46-53 1 Poeta Sy:1 MINUTES - OPEN SESSION FINANCE COMMITTEE MEETING JUNE 29, 2017 AT 4:30 PM Stn FLOOR BOARDROOM, CITY HALL Present: Councillor D. Merrithew Councillor G. Sullivan Councillor S. Casey Councillor G. Norton Regrets: Mayor D. Darling Councillor D. Reardon Also Present: Commissioner of Finance and Treasurer K. Fudge City Manager J. Trail Deputy City Manager N. Jacobsen Deputy Commissioner Finance and Administrative Services I. Fogan Comptroller C. Graham Assistant Comptroller C. Lavigne Senior Manager, Financial Planning H. Nguyen Commissioner Saint John Water B. McGovern Commissioner of Transportation & Environment Services M. Hugenholtz Fire Chief K. Clifford Administrative Officer R. Evans 1. Meetiniz Called To Order Councillor Merrithew called the Finance Committee open session meeting to order. 1.1 Approval of Minutes — May 30, 2017 Moved by Councillor Sullivan, seconded by Councillor Casey: RESOLVED that the minutes of May 30, 2017, be approved. MOTION CARRIED. Jeff Cochran and Jeremy Mallais from Deloitte entered the meeting. 1.2 2016 City of Saint John Consolidated Financial Statements Mr. Cochran and Mr. Mallais reviewed the submitted report to the Finance Committee on the 2016 audit. Moved by Councillor Merrithew, seconded by Councillor Casey: RESOLVED that the Finance Committee approve this report and that the Chair of the Finance Committee The board had an in -camera session with no staff in the room to speak with the auditors. Referring to the submitted presentation, K. Fudge gave an overview of the 2016 Consolidated Financial Statements. The City Manager commented that they are having discussions this week with the province in regards to the unconditional grant and the affects of the tax assessment freeze. (Mr. Cochrane and Mr. Mallais withdrew from the meeting) 1.3 Fleet Replacement Program Referring to the submitted report, I. Fogan presented on the fleet replacement program highlighting the following: • The current state of fleet • Pooled Vehicle Program Moved by Councillor Sullivan, seconded by Councillor Casey: RESOLVED that item 1.3 Fleet Replacement Program, be received for information. MOTION CARRIED. Moved by Councillor Norton, seconded by Councillor Sullivan: RESOLVED that the Finance Committee recommend to Common Council to award the tenders and proposals as follows: 1) Six (6) half -ton four-wheel-drive extended cab pickup trucks at a total cost of $201,644.00 plus HST to Dobson Chrysler Dodge Jeep; 2) Four (4) one -ton four-wheel-drive crew cab pickup trucks at a total cost of $272,552.00 plus HST to Downey Ford Sales Ltd.; 3) Two (2) tandem dump trucks at a total cost of $321,784.00 plus HST to East Coast International Trucks Inc.; 4) One (1) compact loader at a total cost of $91,126.00 plus HST to Atlantic Tractors and Equipment Ltd.; and 5) One (1) vacuum sweeper at a total cost of $209,737.50 plus HST to MacFarlands Limited. Are •► WA:: Adjournment Moved by Councillor Sullivan, seconded by Councillor Norton: RESOLVED that the Finance Committee open session meeting held on Thursday, June 29th, 2017 be adjourned. 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AUTHORIZATION Primary Author Commissioner/Dept. HeadL4 City Manager Craig Lavigne Kevin Fudge m I Jeff Trail RECOMMENDATION It is recommended that Finance Committee reflect upon the attached document and make any and all inquiries and recommendations to staff; and receive and file this report. EXECUTIVE SUMMARY The draft 2018 General Fund Capital Budget reflects the current fiscal challenges that face the City of Saint John. The rate of reinvestment in the City's current assets is not keeping up with the rate of depreciation of those assets. There is additional pressure on the capital budget due to lack of reserve funding and the "pay as you go" capital funding in the operating budget has been stripped to virtually nothing. This Council has made it a priority to develop an asset management plan. This plan is critical for the City to determine the true state of its infrastructure, the level of service that assets provide and the level of funding that will be needed to sustain the level of service that assets provide. The asset management plan will feed directly into and be a critical part of the long term financial plan of the City. PREVIOUS RESOLUTION N/A STRATEGIC ALIGNMENT 011 -2 - The proposed 2018 General Fund Capital Budget is aligned with Councils' priorities; Vibrant, Safe City, Value Service Delivery and Fiscally Responsible. REPORT The 2018 General Fund Capital Budget aligns with Council's priorities to support investment in creating a Vibrant, Safe City, offering Valued Service Delivery and being Fiscally Responsible. The budget also heavily invests in existing financial assets to close the gap in the infrastructure deficit the City has on its assets. Common Council approved the Asset Management Policy in 2017. This plan will give Council the ability to make evidenced and strategic based decisions on where best to invest the limited capital dollars to help achieve Council's priorities. The asset management plan sets the foundation for long term debt planning, long term financial planning and supports fiscally responsible spending focused on service. The Finance Department received over $26.7 million in capital budget requests from service areas for 2018. The requests exceed the $10-$12 million that the City has established as a financial measure to keep long term debt from growing to an unsustainable level. Long term debt for the General Fund reached $117 million by the end of 2016. The proposed 2018 General Fund Capital Budget totals $18,308,260 of which $6,318,130 is to be funded from other sources (gas tax, reserves, etc.) and the remainder $11,990,130 is to be funded by debt issue ($10,172,500 in 2017). 2018 CAPITAL BUDGET HIGHLIGHTS The capital budget includes investments that support sustainable city services and municipal infrastructure. Key re -investments include road improvements, investments in municipal buildings, storm water, fleet and information technology that will maintain service delivery and contribute to reducing the infrastructure deficit. Reinvestment in Existing Assets Transportation —The 2018 General Fund Capital Budget includes $5.44 million of investment in asphalt, curb and sidewalk and street reconstruction. This represents a year over year increase of $95,000 compared to the 2017 General Fund Capital Budget ($5.345 million). Total investment in roads in Capital and Operating Budgets for 2018 equals $6.805 million ($6.71 million 2017). Overall PCI is intended to remain at similar levels; however there is risk around the unknown price of asphalt for 2018 and the amount spent on roads is not enough to keep all roads from falling into the rebuild stage. W -3 - Drainage — Continuing to invest in Westgate Park, funds have been included in the amount of $495,000. There are also three projects included for storm sewer separation that is being done in conjunction with Saint John Water for $370,000 which will continue to advance the reliability of the wastewater network through separation of storm water and wastewater as well as additional work on Sandy Point Road for $115,000. Fleet — Funding of $2.5 million from the fleet reserve is included to ensure the City has the equipment and fleet required to provide necessary public services without having to increase borrowing. A new fleet model was developed and approved by Common Council in 2017, which has seen a reduction of vehicles due to initiatives such as pooling, that aligns strongly with a value service delivery model and continuous improvement. Information Technology - The City's information technology is key in supporting Council and staff initiatives, as well as supporting effective and efficient delivery of the services provided to residents. The proposed budget includes $280,000 in replacement of firewall and network infrastructure with the funding all coming from the computer reserve fund. Parking — Nine pay and display machines are being replaced with more advanced technology that will no longer require receipt paper. The cost allocated for these nine machines is $78,300 and this investment will result in a reduction of $35,000 yearly in the parking administration budget. Facility and Equipment Renewal — This budget includes $877,000 for reinvestment in buildings and machinery and equipment in those buildings. Work includes replacement and repairs on the Visitor Information Center West, Saint Patrick Pedway, Harbour Station Pedway and various arenas. Harbour Station will receive $97,000 to replace vintage equipment needed for contractual and safety reasons. Canada Games Aquatic Center will receive $610,000 to replace vintage 1983 domestic hot water tanks, heat exchangers, pool deck as well as other facility related items. Transit — Twelve new buses have been ordered and are anticipated to be in service by early 2018. Access to reliable cost-effective public transportation plays an important part in creating great neighborhoods. The budget includes $3.086 million that is split 50/50 between external funding and City Share and brings the total cost of replacing twelve buses to $6.636 million. Public Safety Services — An additional $2.8 million for the replacement of the trunk radio system currently being used by the City's first responders has been earmarked in this budget. This project is critical for the safety of the first responders and as well as the Citizens who live and visit the City. MQ -4 - Economic Development — The Trade & Convention Centre's $82,000 for replacement of unreliable kitchen equipment and an ice machine could have potential health and safety issues if not replaced. New Assets/Service Enhancements Saint John Fieldhouse — Official announcement has been made securing funding from all levels of government. The City has committed $4.2M over three years and 2018 is the first year of that commitment for $1.4M. Intersection Improvements - The budget earmarks $150,000 for enhancements to various intersections throughout the City. An additional $600,000 is being recommended to start the initial design work around the intersections at Ashburn Lake Road/Rothesay Avenue/Retail Drive. Council Priorities Fiscal Responsibility The 2018 capital budget aligns with Council Priority of fiscal responsibility. The capital budget set forth is based on $11,990,130 of new borrowing. Staff continues to recommend that Council limit new debt to $11-$12 million per year in order to reduce the debt over time to ensure fiscal sustainability. The second stage of the asset management plan is well underway and is anticipated to be completed by the end of 2018. This will set the foundation for current and future Councils, staff and all stakeholders enabling better sound financial decisions, setting levels of service and feeding the long term financial plan. This will be a living document to help guide financial decision making. Vibrant, Safe City The purchase of the twelve new buses for Transit will align directly with this priority. These additions will provide accessible and cost-effective transportation. The continued reinvestment in the trunk radio system for first responders will replace a legacy system with a system that is safe, reliable and allow delivery of an efficient public safety service. Value Service Delivery The 2018 General Capital Budget focuses a continued renewal to the roadway system. The monies allocated to the roadways focuses on maintaining the level of PCI and avoid roads falling into the rebuild stage, which is five times the cost of repaving. Kul -5 - CONCLUSION Planned capital expenditures total $18,308,260, with $6,318,130 is to be funded from other sources (gas tax, reserves, etc.) and the remainder $11,990,130 funded through debt. The annual funding from the gas tax program as well as funding from other government programs, has helped reduce projected borrowing costs and has allowed the City to undertake needed infrastructure improvements. This level of capital expenditures is within the City's borrowing capacity. The 2018 capital budget is investing 88.27% ($16.16M) in existing assets. This amount falls short compared to the amount of asset being amortized on a yearly basis. The asset management plan becomes an extremely important living document to address the infrastructure deficit and will feed into the long term financial plan that is starting to be developed in 2018. SERVICE AND FINANCIAL OUTCOMES The 2018 General Fund Capital budget will become a fixed charge for the next 15 years for the General Operating Budget. The projects chosen for the capital program that require borrowing have a useful life of 15 years or more. INPUT FROM OTHER SERVICE AREAS AND STAKEHOLDERS Input has been received from the all the Service Areas, the ABCs and the Senior Leadership Team. 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LZ a) m c aj M Ln J) > V) < V) < 1,� VA MAI FINANCE COMMITTEE REPORT Report Date July 11, 2018 Meeting Date July 19, 2018 Chairman Councillor Merrithew and Members of Finance Committee SUBJECT: 2018 Utility Fund Capital Budget OPEN OR CLOSED SESSION This matter is to be discussed in open session of Finance Committee. AUTHORIZATION Primary Author Commissioner/Dept. HeadL4 City Manager Craig Lavigne Brent McGovern m I Jeff Trail RECOMMENDATION It is recommended that Finance Committee reflect upon the attached document and make any and all inquiries and recommendations to staff; and receive and file this report. EXECUTIVE SUMMARY The draft 2018 Utility Fund Capital Budget reflects the completion of the largest municipal infrastructure project in the history of the Province of New Brunswick, the Safe Clean Drinking Water Project (SCDWP). The 2018 capital budget reflects the largest financial portion of this project. The renewal of assets in 2018 is much less than previous years due to the pressure and cost associated with the SCDWP and the efforts being made to limit spending on infrastructure renewal to essentially just those projects that are necessary to ensure service continuity. The completion of the asset management plan will play a critical role in determining the state of the utilities assets, the risk of failure, service that the asset provides for and how to close the gap on the overall infrastructure deficit as is being done in the General Fund. The asset management plan will be a critical piece in the development of the long term financial plan of Saint John Water. PREVIOUS RESOLUTION N/A -2 - STRATEGIC ALIGNMENT The proposed 2018 Utility Fund Capital Budget is aligned with Councils' priorities; Vibrant, Safe City, Value Service Delivery and Fiscally Responsible. REPORT The proposed 2018 Draft Utility Capital Budget is a total of $146,789,519. Funding from other sources, (Gas tax, P3 Canada, RDC, Reserves) is $95,560,619 and Saint John Water's share is $51,228,900. Saint John Water is expected to borrow $47,000,000 for its portion of the substantial completion payment on this project. The majority of the project is anticipated to be completed the end of 2018, with the water treatment plant being fully operational by that date. The operation of the new treatment plant along with the increase in debt which is expected to peak at approx. $104,600,000 in 2018 will put significant pressure on rate payers and the continued asset renewal for Saint John Water. The reinvestment in assets in 2018 is $6.23M with $1.96M coming from others, leaving the Utility share at $4.275M. Amortization in 2016 was $12.4M. This gap will not be sustainable, however the asset management plan will help identify how to close the gap and support the creation of Saint John Water's long term financial plan. Infrastructure Renewal —Water The total amount including funding from other sources for water infrastructure renewal is $3,559,019 for 2018. The two largest projects in this budget is phase 14 of the ongoing watermain cleaning and lining project and phase 2 of a 2 year project at the Musquash pumping station. Also noteworthy is that there is approximately 700 m of watermain in total to be renewed as well as strategic work to be done on Leinster Street to coincide with the construction of Irving Oil's new parking garage. Infrastructure Renewal — Sanitary The amount of renewal in sanitary for 2018 is $2,675,000. Reinvestments call for renewing vintage 1891 and 1925 sewer lines, replacing components of and upgrading the SCADA system and replacement of pumps at Carpenter place pumping station. Also work will be done to replace sanitary services on Leinster Street in coordination with the watermain renewal. -3 - Safe Clean Drinking Water Project Funding from P3 Canada, Regional Development Corporation and internal reserves will be $93,601,600 and Saint John Water portion which will be funded through debt is $46,953,900. SERVICE AND FINANCIAL OUTCOMES The infrastructure renewal portion of the 2018 Utility Fund Capital budget will be funded from the operations, so there will be no borrowing. The borrowing for the Safe Clean Drinking Water Project will become a fixed cost for the next 30 yea rs. INPUT FROM OTHER SERVICE AREAS AND STAKEHOLDERS N/A ATTACHMENTS Exhibit 1 - 2018 Draft Utility Capital Budget !E:3 Prc� �s� rc�r Sal Iry Fc�r ®1 Category No. of Other Utility Total Projects Share Share Infrastructure Renewal - Sanitary 12 $600,000 $2,075,000 $2,675,000 Infrastructure Renewal - Water 8 $1,359,019 $2,200,000 $3,559,019 Safe, Clean Drinking Water 1 $93,601,600 $46,953,900 $140,555,500 TOTALS: 21 $95,560,619 $51,228,900 $146,789,519 Infrastructure Renewal - Sanitary 4.1% Infrastructure Renewal - ite r 3% Safe, Clean Drinking Wate r 91.7% MDH: MUNICIPAL DESIGNATED HIGHWAYS PDH: PROVINCIALLY DESIGNATED HIGHWAYS RDH: REGIONALLY DESIGNATED HIGHWAYS This is a tentative program listing of proposed capital projects. w&s: WATER AND SEWER RELATED PROJECTS This list has not been approved by Common Council. C-**: PROJECTS CARRIED OVER FOR COMPLETION THE FOLLOWING YEAR Priority assignments are subject to change at any time. *: PROJECTS DEPENDANT ON FUNDING FROM OTHERS Infrastructure Renewal - SanitAl_y Project Location Description Other Utility Share Share Currie Avenue Pugsley Avenue to Balfour Line approx. 175 in of 300 mm Concrete 0 130,000 sanitary sewer, including design and construction management services. Energy Efficiency Various Locations Technical analysis regarding energy 0 75,000 conservation opportunities on various Saint John Water facilities. Glen Road Glenview Drive to Morgan Road Renew 215m of existing 200mm Concrete 0 210,000 sanitary sewer, including construction management services. Jack's Field Gooderich Street to Wright Line approx. 150 in of 375 mm, 50 in of 300 0 190,000 Street mm and 10 in of 450 mm T.C. Sanitary sewer, including design and construction management services. Leinster Street Sydney Street to Carmarthen Renew approx. 130m of 300mm T.C. with new 0 145,000 Street 200mm sanitary sewer, including construction management services. Mill Street At railroad track crossing Line approx. 28m of 750 mm sanitary sewer 0 110,000 under tracks, including design and construction management services. Paddock Street Paddock Street to Cliff Street Line approx. 80 in of 375 mm T.C. sanitary 0 75,000 sewer, including design and construction management services. Rockland Road Parks Street to Cranston Avenue Renew 210 in of 225 mm and 300 mm T.C. 0 235,000 sanitary sewers (1891), including design and construction management services. SCADA System Various Locations Design, purchase and install the equipment for 600,000 350,000 a PLC -5 Migration, Fournier SLC / Panel View Migration, Polymer SLC / Local DTAM HMI Migration at the Millidgeville Wastewater Treatment Facility. Design, purchase and install radio equipment and Twido PLC's at various locations. Project proposed to be partially funded under the Small Communities Fund (SCF). Spar Cove Road Across from civic # 60 Spar Replace 22m of 250mm sewer with larger 0 45,000 Cove Road 450mm sewer and install a weir in the benching to direct more flow to the Spar Cove Lift Station, including design and construction management services. MDH: MUNICIPAL DESIGNATED HIGHWAYS PDH: PROVINCIALLY DESIGNATED HIGHWAYS RDH: REGIONALLY DESIGNATED HIGHWAYS This is a tentative program listing of proposed capital projects. w&s: WATER AND SEWER RELATED PROJECTS This list has not been approved by Common Council, C-**: PROJECTS CARRIED OVER FOR COMPLETION THE FOLLOWING YEAR Priority assignments are subject to change at any time. *: PROJECTS DEPENDANT ON FUNDING FROM OTHERS Project Visart Street Wastewater Pumping Location Description Other Utility Share Share Adelaide Street to Natalie Street Renew approx. 110m of 225 mm T.C. (1925) 0 110,000 with new 200 mm sanitary sewer, including construction management services. Carpenter Place Wastewater Replacement of two pumps with new chopper 0 400,000 Pumping Station style pumps, including design and construction management services. TOTAL: $600,000 $2.075.000 MDH: MUNICIPAL DESIGNATED HIGHWAYS PDH: PROVINCIALLY DESIGNATED HIGHWAYS RDH: REGIONALLY DESIGNATED HIGHWAYS This is a tentative program listing of proposed capital projects. w&s: WATER AND SEWER RELATED PROJECTS This list has not been approved by Common Council. C-**: PROJECTS CARRIED OVER FOR COMPLETION THE FOLLOWING YEAR Priority assignments are subject to change at any time. *: PROJECTS DEPENDANT ON FUNDING FROM OTHERS Infrastructure Rl - Water Project Location Description Other Utility Share Share Glen Road Glenview Drive to Morgan Road Leinster Street Sydney Street to Carmarthen Street Loch Lomond Watershed McBrien and Taylor Lakes Renew approx. 210m of existing 200mm 0 240,000 watermain, including design and construction management services. Renew approx. 130m of 200mm C.I. 0 150,000 watermain, including design and construction management services. Investigate and design the requirements to do 0 90,000 some civil works at Taylor Lake to invest in further securing the separation of this lake from the watershed and Investigate and design the requirements to fix the damaged control structure at McBrien Lake. Musquash Industrial Musquash Industrial Water Chamber Upgrades and Electromagnetic 0 50,000 Water Supply Supply Pipeline Inspection — Preliminary Assessment and Engineering Design Musquash Pumping Musquash Pumping Station Relocate substation across the road under the 0 1,275,000 Station 69KV Transmission Line, including design and construction management services. Phase B Rockland Road Parks Street to Cranston Avenue Renew 210 m of 200 mm C.I. watermain, 0 230,000 including design and construction management services. Visart Street Adelaide Street to Natalie Street Renew approx. 150m of 200 mm C.I. (1957) 0 165,000 watermain, including design and construction management services. * Watermain Cleaning and Various locations Cleaning and lining of existing unlined C.I. 1,359,019 0 Lining Phase 14 watermains to improve pressure, water quality, and fire flows. Project to be funded under G.T.F. TOTAL: $1.359.019 $2.200.000 MDH: MUNICIPAL DESIGNATED HIGHWAYS PDH: PROVINCIALLY DESIGNATED HIGHWAYS RDH: REGIONALLY DESIGNATED HIGHWAYS This is a tentative program listing of proposed capital projects. w&s: WATER AND SEWER RELATED PROJECTS This list has not been approved by Common Council. C-**: PROJECTS CARRIED OVER FOR COMPLETION THE FOLLOWING YEAR Priority assignments are subject to change at any time. *: PROJECTS DEPENDANT ON FUNDING FROM OTHERS I'll, 11 11#_ #� IJ111 1 #_ Project Location Safe, Clean Drinking TBD Water Program Description Safe, Clean Drinking Water Program envelope for 2018. TOTAL: Other Utility Share Share 93,601,600 46,953,900 $93.601.600 $46.953.900